Senior procurement risk and control analyst

3 weeks ago


Malaysia Nityo Infotech Full time
Assist the Procurement Risk and Control Manager in overseeing all aspects of procurement risk management and control activities.

  • Act as a deputy to the Procurement Risk and Control Manager, stepping in as needed to ensure continuity and smooth operations.
  • Coach and mentor junior team members in procurement risk and control processes.
  • Collaborate with stakeholders to develop and implement strategies for mitigating vendor-related risks.
  • Lead process improvement initiatives aimed at enhancing efficiency and effectiveness in vendor risk management processes.
  • Demonstrate strong problem-solving skills to identify and resolve issues related to procurement risks and controls.
  • Maintain a critical mindset in evaluating procurement processes and making recommendations for improvements.
  • Foster excellent stakeholder management, particularly with senior management, to communicate risk insights and mitigation strategies effectively.
  • Support vendor risk management activities by conducting reviews of Inherent Impact Questionnaires (IIQ), initiating necessary due diligence, performing due diligence assessments, and completing vendor risk reports as needed.
  • Perform comprehensive financial due diligence or analysis on Swift's third parties, evaluating financial statements, credit reports, and other relevant f inancial documents within agreed SLA.
  • Analyze financial data to assess vendor profitability, liquidity and solvability and overall financial health. Maintain financial due diligence dashboard, policy and standard operating procedure, ensuring accuracy and completeness. Experience Required - 6 Years Industry Type IT Employment Type Permanent Location Malaysia Roles & Responsibilities This includes acting as Deputy to the Procurement Risk and Control Lead, provide mentorship to junior team members, conducting thorough financial due diligence on third-party vendors and partners, ensuring that our procurement processes align with company standards and requirements, Assist the Procurement Risk and Control Manager in overseeing all aspects ofnprocurement risk management and control activities, Act as a deputy to the Procurement Risk and Control Manager, stepping in asnneeded to ensure continuity and smooth operations, Coach and mentor junior team members in procurement risk and controlnprocesses, Collaborate with stakeholders to develop and implement strategies for mitigatingnvendor-related risks, Lead process improvement initiatives aimed at enhancing efficiency andneffectiveness in vendor risk management processes, Demonstrate strong problem-solving skills to identify and resolve issues relatednto procurement risks and controls, Maintain a critical mindset in evaluating procurement processes and makingnrecommendations for improvements, Foster excellent stakeholder management, particularly with senior management,nto communicate risk insights and mitigation strategies effectively, Support vendor risk management activities by conducting reviews of Inherentn Impact Questionnaires (IIQ), initiating necessary due diligence, performing duendiligence assessments, and completing vendor risk reports as needed, Perform comprehensive financial due diligence or analysis on Swift's thirdnparties, evaluating financial statements, credit reports, and other relevantnfinancial documents within agreed SLA, Maintain financial due diligence dashboard, policy andnstandard operating procedure, ensuring accuracy and completeness


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