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Senior Consultant, Third Party Risk Management (TPRM)
Senior Consultant, Third Party Risk Management (TPRM)CNA • Chicago, IL, USA
Senior Consultant, Third Party Risk Management (TPRM)

Senior Consultant, Third Party Risk Management (TPRM)

CNA • Chicago, IL, USA
[job_card.30_days_ago]
[job_preview.job_type]
  • [job_card.full_time]
[job_card.job_description]

JOB DESCRIPTION

Core Responsibilities

  • Manage the intake and reviews for all net‑new vendors entering the organization; validate scope, data flows, service criticality, and inherent risk indicators at the point of request.
  • Operate the intake workflow across Workday Strategic Sourcing (WSS) and ProcessUnity (PU); ensure requests are properly classified and routed.
  • Collaborate with Procurement to align intake with sourcing milestones (RFP / RFI, contract negotiation)
  • Produce Reporting metrics on intake volumes, SLA adherence, inherent risk distribution, and critical third party supplier activities.
  • Apply a pragmatic triage model (e.g., exempt items; existing supplier / same scope; existing supplier / new scope; new supplier / new scope) to focus effort on where risk is highest and eliminate unnecessary reviews.
  • Function as the liaison across Procurement, Legal, InfoSec / Tech Risk, Privacy, Business / Operational Resiliency, and Finance to orchestrate TPRM activities within the contracting process, ensuring a seamless and efficient stakeholder experience.
  • Co-lead end‑to‑end risk assessments for high‑impact / new vendors : scoping, risk tiering (IRQ), due‑diligence review (DDQ), and control validation (remote or on‑site), with audit‑ready documentation.
  • Coordinate reviews with SMEs (InfoSec, Compliance, Resiliency, Finance); synthesize control gaps and propose remediation, acceptance, or compensating controls in line with the TPRM policy.
  • Provide coaching to business owners, managed service providers and vendors on completing questionnaires, evidence expectations, and timelines; handle escalations and sensitive assessments with discretion.
  • Lead incremental workflow improvements in WSS / PU and support roadmap initiatives (e.g, Intake Optimization, IRQ refresh, scaled issue management, and risk‑intelligence integrations).

Qualifications

  • 5-7+ years of experience in third-party / vendor risk, technology risk, or related fields with direct ownership of new vendor onboarding and ‑due diligence‑ assessments.
  • Proven ability to operate at pace in a procurement‑driven environment, triaging high volumes and prioritizing new supplier / new scope engagements.
  • Demonstrated experience coordinating across InfoSec, Legal, Privacy, Resiliency, Finance, and business stakeholders, translating policy expectations into practical contract terms and controls.
  • Excellent written and verbal communication; executive‑caliber reporting and stakeholder management for high‑visibility vendors.
  • Things that set you apart…

  • Certifications : CTPRP / CTPRA, CISA, CRISC, CISSP, or similar.
  • Experience with risk‑intelligence platforms (e.g., Supply Wisdom, Black Kite) and AI‑assisted control / evidence evaluation capabilities.
  • Background in insurance / financial services vendor governance or regulatory frameworks relevant to outsourcing, data protection, operational resilience
  • Intake mastery - ability to quickly classify requests, separate exempt / low‑risk from high‑impact cases, and keep pipelines flowing without bottlenecks.
  • Orchestration and influence : cross‑functional leadership and stakeholder alignment throughout contracting and onboarding; strong meeting facilitation.
  • Tool fluency - ProcessUnity administration / usage and WSS intake routing; comfort with dashboards, SLAs / KPIs, and audit trails.
  • Risk Judgment & Decisioning : Makes timely, defensible inherent risk determinations with clear rationale.
  • Process Excellence : Builds and enforces standardized intake workflows, SLAs, and data quality checks.
  • Stakeholder Partnership : Collaborates cross-functionally
  • Detail Orientation : Catches gaps in scope, data during risk reviews.
  • Systems & Data Literacy : Comfort with dashboards, forms, integrations, and vendor artifacts (SOC reports, SIG, CAIQ).
  • Communication : Clear, concise, and business-friendly briefings and guidance.
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