Senior Manager, Third Party & Contract Risk
Core
Leads third-party and contract risk function to ensure supplier engagements align with corporate policies, risk tolerance, and regulatory expectations.
Role type
Senior Manager, Third-Party & Contract Risk
Builds
Enterprise-wide visibility and accountability for supplier risk and contract compliance
Domain
Hospitality / Supply Chain Risk Management
Deliverable
dashboards & analysis
Required skills
Third-party risk management, contract risk assessment, insurance and indemnity analysis, policy and SOP development, risk tiering, audit support, root cause analysis, stakeholder engagement
Preferred skills
CLM systems, COI tracking, regulatory compliance frameworks
Technologies
CLM systems
Responsibilities
Own and enforce the Third-Party Risk Management (TPRM) Program for Supply Chain; Monitor supplier performance, incidents, and compliance; Draft and update enterprise policies and SOPs related to supplier and contract risk; Develop dashboards and risk reports to ensure executive-level visibility; Support audits and regulatory inquiries involving vendor risk governance; Serve as the primary point of contact for escalated risk issues; Oversee contract risk assessments, COI requirements, and resolution of insurance and indemnity gaps; Review and approve contracts for insurance, indemnity, and regulatory risk requirements; Lead quarterly risk reporting and provide summaries to senior management; Train Business Units on policy expectations and execution of risk assessment and monitoring
Seniority
Senior, hands-on management with cross-functional leadership
