Senior Associate, Third Party Risk

Welcome to KPMG, one of the world's leading professional services firms. We are currently seeking a highly skilled and experienced Senior Associate to join our Third Party Risk team. As a Senior Associate, you will play a crucial role in helping our clients mitigate potential risks associated with their external business relationships. This is a challenging and dynamic role that requires strong analytical and communication skills, as well as a deep understanding of risk management principles. If you are a driven and detail-oriented individual with a passion for risk management, we invite you to apply for this exciting opportunity.

1. Conduct thorough risk assessments on third party relationships for our clients, including evaluating potential risks and identifying any red flags.
2. Develop and implement risk management strategies and processes for our clients, in line with industry best practices and regulatory requirements.
3. Build and maintain relationships with key stakeholders, both internally and externally, to effectively communicate risk management strategies and findings.
4. Analyze and interpret third party contracts and agreements to identify potential risk areas and make recommendations for improvement.
5. Stay updated on industry trends and regulatory changes related to third party risk management and incorporate them into our processes.
6. Collaborate with cross-functional teams to ensure alignment and consistency in risk management practices across the organization.
7. Conduct trainings and presentations to educate clients and internal teams on third party risk management best practices.
8. Monitor and report on the effectiveness of risk management strategies and provide recommendations for continuous improvement.
9. Act as a subject matter expert and provide guidance and support to junior team members.
10. Adhere to ethical and professional standards and maintain confidentiality in handling sensitive information.
11. Proactively identify and address any potential risks or issues that may arise in third party relationships.
12. Assist in the development and maintenance of policies and procedures related to third party risk management.
13. Keep accurate and organized records of all risk assessments and findings.
14. Represent KPMG in a professional manner and maintain a positive relationship with clients at all times.

According to JobzMall, the average salary range for a Senior Associate, Third Party Risk in New York, NY, USA is $85,000-$130,000 per year. This may vary depending on factors such as experience, education, and the specific company or industry. Additionally, location, benefits, and bonuses may also impact the salary range for this 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.