Procurement Risk Associate

Are you a detail-oriented individual with a strong understanding of risk management and a passion for procurement? Do you thrive in a fast-paced environment and possess excellent analytical skills? If so, Massachusetts Mutual Life Insurance is seeking a Procurement Risk Associate to join our team. As a Procurement Risk Associate, you will play a critical role in identifying and mitigating potential risks in our procurement processes. We are looking for a highly motivated and organized individual with a strong attention to detail and the ability to effectively communicate with various stakeholders. If this sounds like you, we encourage you to apply!

1. Conduct risk assessments and identify potential risks in the procurement process.
2. Develop and implement strategies to mitigate identified risks.
3. Monitor and evaluate the effectiveness of risk management procedures.
4. Collaborate with various departments and stakeholders to ensure compliance with risk management policies and procedures.
5. Analyze data and provide insights and recommendations to improve procurement processes.
6. Stay updated on industry best practices and regulations related to risk management and procurement.
7. Prepare reports and presentations to communicate risk management findings and recommendations.
8. Assist in developing and maintaining procurement policies and procedures.
9. Conduct vendor risk assessments and due diligence.
10. Manage and maintain vendor contracts and relationships.
11. Coordinate with legal and compliance teams to ensure procurement activities are in line with company policies and regulations.
12. Train and educate employees on risk management policies and procedures.
13. Proactively identify and address potential risks in the procurement process.
14. Participate in cross-functional projects to improve procurement processes and procedures.
15. Provide support in audits and regulatory reviews related to procurement and risk management.

According to JobzMall, the average salary range for a Procurement Risk Associate in Boston, MA, USA is between $50,000 and $80,000 per year. This may vary depending on factors such as the specific company, industry, and individual qualifications and experience.

The Massachusetts Mutual Life Insurance Company, founded in 1851, is an American mutual life insurance company serving five million clients. With headquarters in Springfield, Massachusetts, the company employs more than 7,000 in the United States, and a total of 10,614 internationally.