Note: The job is a remote job and is open to candidates in USA. Envestnet is a WealthTech company that provides technology and insights for wealth management. The Third Party Risk and Operations Lead will design, build, and lead an enterprise third-party risk management and procurement orchestration program, partnering cross-functionally to improve supplier governance, operational efficiency, risk mitigation, and enterprise reporting.
Responsibilities
- Lead and build a center-supported enterprise-wide TPRM program including policies, functions and processes, stakeholders, workflows and program oversight
- Lead the TPRM program in supporting regulatory expectations and requirements and responding to customer due diligence, audits, and control reviews
- Build program governance and evidence that can withstand scrutiny from regulated customers and oversight functions
- Define, implement and enforce organization roles and responsibilities for ongoing TPRM program
- Monitor, manage and continuously improve center-led TPRM operations
- Participate in and respond to audits and reviews of TPRM practices
- Maintain a thorough knowledge and understanding of industry best practices and regulatory requirements affecting the TPRM program
- Lead procurement orchestration strategy and embed AI-enabled capabilities across a connected supplier operating model
- Design and optimize procurement orchestration to include intake and demand management; sourcing and contracting workflow coordination; security, privacy, legal, compliance, and finance reviews; supplier onboarding; purchase request and purchase order enablement; workflow visibility, SLA management, and bottleneck reduction
- Provide training, guidance and support to stakeholders, workflow owners and business partners involved in TPRM and procurement orchestration
- Manage large scale projects and programs
Skills
- The primary work location for this role is remote within the continental U.S. or hybrid in Berwyn, PA
- * Bachelor's degree in business or related field
- * 10+ years of progressive experience in TPRM, supplier risk, procurement, strategic sourcing, operational governance, or related fields, and with meaningful experience in financial services, fintech or other similarly regulated environments
- * Proficient in Microsoft Office programs (especially Excel, Word, Power Point) and with applying AI solutions to TPRM and Procurement Orchestration challenges
- * Excellent relationship building skills and leads with empathy
- * Detailed, investigative and accuracy-oriented
- * Proactive, results-oriented with a bias for action
- * Executive presence and excellent communication skills - written and verbal
- * Ability to handle multiple projects simultaneously to meet specified goals and deadlines
- * Ability to drive large scale operational change across a large, diverse organization
- *This position is not open to candidates requiring visa sponsorship*
- * Master's degree in business or related field
- * Experience participating in and responding to regulatory reviews of TPRM practices
- * Experience creating and refining policies, procedures and governance frameworks
- * Experience implementing and deploying TPRM and Procurement Orchestration tools
- * Contract terms, conditions and negotiation experience
Benefits
- Remote within the continental U.S. or hybrid in Berwyn, PA
- Additional incentive component as part of the total rewards package
- Medical insurance
- Paid time off (PTO)
- 401k company match
- Paid parental leave
- Education reimbursement
- Disability coverage
- Mental health & wellness support
Company Overview