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Client Due Diligence Specialist

  • Remote
  • Full Time

Apply for the Client Due Diligence Specialist position

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Role

  • Perform and/or support targeted assessments as needed – for example, Mergers & Acquisitions (M&A) and Request for Proposal (RFP) activities
  • Review contract terms and conditions, standardize process/terms, and review contracts.
  • Create a standardized rate card for assessments.
  • Review contracts terms and conditions, presenting them to senior leadership and creating awareness around risk and benefits.
  • Maintain a comprehensive understanding of the organization’s third-party risk management framework and standards.
  • Act as lead for cross-functional teams, including Strategic Sourcing / Procurement, Legal & Compliance, IT, Cybersecurity, and business units to gather necessary information and ensure compliance with risk management processes.
  • Prepare reports, summaries, and metrics on security assessments to stakeholders and senior management, highlighting key findings and recommendations.
  • Assist in the development and enhancement of third-party due diligence policies, procedures, and frameworks to continually improve the effectiveness and efficiency of risk assessment processes.
  • Support the development of training and guidance to internal teams on third-party risk management best practices and procedures.
  • Help foster a culture of risk awareness.