• Identify, measure, and report operational and Third-Party Risk Management risks


• Support management of third-party risk onboarding and due diligence by ensuring appropriate risk assessments are completed


• Assist Business Owners with due diligence documentation and evaluation of third-party relationships


• Execute issue management end-to-end activities (issue identification, prioritization, assignment, remediation, closure) for matters pertaining to third parties


• Ensure adequate, appropriate, and current third-party risk documentation is maintained in the Third Party Risk Management Software System


• Leverage the Third-Party Risk Management Software System as the system of record and as a reporting tool to analyze vendors for risk analysis


• Consult with business leaders to effectively manage change when required


• Provide risk oversight for process improvement projects, as needed


• Liaise with senior management and Third-Party Risk Management stakeholders


• Oversee and / or develop ongoing monitoring activities in alignment with TPRM policy


• Provide subject matter expertise on certain components of Third-Party Risk Management


• Assist in developing training materials to support the Third-Party Risk Management program; help facilitate internal training of stakeholders on Third-Party Risk Management program requirements


• Work with other risk functions to understand, support and / or advise in development and implementation of controls that mitigate risks


• Provide quality control review on data and submissions by the Business Sponsors


• Assist in the creation of desktop procedures for departmental processes


• Maintain policies and other governance documents relating to the Third Party Risk Management program


• Monitor and evaluate the adequacy and effectiveness of the various inter-dependent risk and related program policies, procedures, processes, systems, and internal controls that will help effectively manager third party risk


• Prepare reports and communicate risk findings and recommendations to senior management and stakeholders


• Review contracts to ensure inclusion of particular required terms and conditions


• Work with management and stakeholders to ensure proper vendor termination procedures are in place and enforced


• Continuously refine and adapt the Third Party Risk Management Program in response to emerging trends, and evolving industry best practices, and regulatory requirements.


• Perform other duties as assigned

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Qualifications:

• Bachelor’s Degree – required


• Strong understanding of risk management principles and practices, particularly as they relate to third party relationships


• Familiarity with contract negotiation, invoice processing or legal terms review preferred


• Proficiency in data analysis and the ability to assess and interpret contracts, compliance documentation, and financial statements


• Excellent written and verbal communication skills required for reporting findings, communicating with vendors and collaborating with internal stakeholders


• The ability to identify and mitigate risks, as well as to develop effective risk mitigation strategies


• Self-motivated, ability to work independently, strong organizational skills


• Ability to multitask and work in a fast paced environment


• Consistently delivers results and meets deadlines


• Proactive problem solver


• Ability to communicate clearly and with confidence to all associate levels


• Excellent judgement and critical thinking


• Results orientated and detail driven


• Proficient in Word, Excel, Outlook, PowerPoint


• Willingness to learn new technology systems or programs


• Experience with flowcharting software


• Prior experience in Third Party Risk Management, Procurement, or managing supplier relationships is preferred


• High ethical standards and the ability to handle sensitive information with confidentiality


• Experience in coding or programming is preferred

What Cencora offers

​Benefit offerings outside the US may vary by country and will be aligned to local market practice. The eligibility and effective date may differ for some benefits and for team members covered under collective bargaining agreements.

Affiliated Companies

Equal Employment Opportunity

Cencora is committed to providing equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, genetic information, national origin, age, disability, veteran status or membership in any other class protected by federal, state or local law.

The company’s continued success depends on the full and effective utilization of qualified individuals. Therefore, harassment is prohibited and all matters related to recruiting, training, compensation, benefits, promotions and transfers comply with equal opportunity principles and are non-discriminatory.

Cencora is committed to providing reasonable accommodations to individuals with disabilities during the employment process which are consistent with legal requirements. If you wish to request an accommodation while seeking employment, please call 888.692.2272 or email hrsc@cencora.com. We will make accommodation determinations on a request-by-request basis. Messages and emails regarding anything other than accommodations requests will not be returned