Third Party Risk Management (TPRM) is the identification and assessment of third party risk and the ongoing management and monitoring of third parties. The role of the MR TPRM team in the Chief Operating Office (COO) is to make it simpler and better for business owners to fulfil their responsibilities associated with their use of third parties as outlined in the TPRM Polic. The MR TPRM team does this by building the infrastructure (processes, systems, tools) to either support business owners with their responsibilities or fully complete them on their behalf.

The Role / Summary: 

This role will report to the Assistant Vice President, Third Party Risk Management, Moody’s Ratings and will support the implementation and maintenance of Moody’s Ratings (MR) Third Party Risk Management (TPRM) programme.

The Senior Risk Analyst’s core responsibilities will be:

• Owning and maintaining the Coupa Risk Assess module the TPRM team use for SLA monitoring
• Performing and owning the process for reviewing the determination of what is a critical third party
• Producing meaningful and insightful reporting from Coupa Risk Assess and other tools (e.g. Fusion) in relation to the TPRM and business resilience programmes
• Owning and maintaining the TPRM procedures used to operationalise the TPRM progamme. 

The successful candidate will have a good understanding of risk management processes and controls, ideally gained through working with complex global organisations. They will have robust knowledge of risk tools and technology, particularly Coupa. Prior experience working with third parties is highly desirable. 

Responsibilities:

• Set up, review, and monitor Service Level Agreements (SLAs) in place for MR critical third parties. 
• Maintain the SLA monitoring module in Coupa to ensure robust data accuracy, including Joiners, Movers, Leavers (JML) both internally and externally
• Promptly address internal and external inquiries on SLA monitoring  
• Assist key business owners with SLA monitoring remediation plans
• Assess new and existing third party relationships and map them to the critical or important functions within Moody’s Ratings to enable accurate Third Party Risk Management activities
• Assess the quality of input data and be able to highlight inconsistencies and potential improvements.
• Ensure that appropriate metadata and documentation is updated accurately within internal systems.
• Run and present third party risk related reports 
• Develop and maintain a Master Supplier List (MSL) and Register of Information for MR critical third parties
• Collaborate with Procurement and Sourcing Group to enable system improvements and improve governance
• Contribute to business resilience initiatives as directed by line manager. 
• Offer technical expertise and guidance to business representatives on the Coupa Risk Assess module.

• Undergraduate degree, preferably IT, Risk or Business Management
• Graduate degree and/or relevant professional risk management qualification a plus
• 5+ years of business experience with at least 2 years in risk, compliance, or internal controls
• Strong technical skills related to risk management for a globally regulated organization
• Strong skills in the use of Coupa and Microsoft Office applications (particularly Excel and PowerPoint)