Senior Associate, Third Party Risk

Are you an experienced professional with a keen eye for detail and a passion for mitigating third party risks? Do you thrive in fast-paced and dynamic environments, with a drive to constantly improve processes and procedures? If so, KPMG has an exciting opportunity for you to join our team as a Senior Associate in our Third Party Risk department. As a Senior Associate, you will play a critical role in helping our clients navigate the complex landscape of third party relationships and ensuring compliance with regulations and industry standards. This role requires a combination of technical expertise, strong communication skills, and the ability to work collaboratively with cross-functional teams. If you are ready to take on a new challenge and make a tangible impact on the success of our clients, we want to hear from you. Read on to learn more about the qualifications and requirements for this role.

1. Conduct thorough assessments of third party relationships to identify potential risks and ensure compliance with regulations and industry standards.
2. Develop and implement risk management strategies to mitigate potential third party risks for clients.
3. Utilize strong analytical skills to review and analyze data related to third party relationships and identify areas for improvement.
4. Collaborate with cross-functional teams to provide guidance and support in managing third party relationships.
5. Communicate effectively with clients to provide updates on risk assessments and address any concerns or questions.
6. Stay up-to-date on industry regulations and standards related to third party relationships and incorporate them into risk management strategies.
7. Develop and maintain relationships with clients to understand their specific needs and provide tailored solutions.
8. Continuously improve processes and procedures related to third party risk management to ensure efficiency and effectiveness.
9. Train and mentor junior team members on best practices and procedures for third party risk management.
10. Proactively identify potential risks and provide recommendations for mitigation strategies to clients.
11. Collaborate with senior management to develop and implement strategic plans for the third party risk department.
12. Participate in meetings and presentations with clients to discuss risk assessment findings and recommendations.
13. Conduct quality control checks to ensure accuracy and completeness of risk assessments and reports.
14. Maintain confidentiality and handle sensitive information related to third party relationships.
15. Participate in professional development opportunities to stay current on industry trends and best practices in third party risk management.

According to JobzMall, the average salary range for a Senior Associate, Third Party Risk in Chicago, IL, USA is $80,000-$120,000 per year. However, this can vary depending on the specific company, industry, experience, and other factors. Some companies may offer higher salaries and bonuses for this role, while others may offer lower salaries with a higher potential for growth and advancement. It is important to research the specific company and their compensation packages before applying for a Senior Associate, Third Party Risk position.

KPMG International Cooperative is a multinational professional services network, and one of the Big Four accounting organizations. Seated in Amstelveen, the Netherlands, KPMG is a network of firms in 154 countries, with 207,050 people and has three lines of services: financial audit, tax, and advisory.