About Latham & Watkins
Latham & Watkins is one of the world's leading global law firms advising the businesses and institutions that drive the global economy. We are the market leaders in major financial and business centers around the world. Our investment in people, commitment to innovation, and focus on the future empower you to build an incredible career and thrive as an exceptional professional in a supportive culture. If you aspire to be the best, and work with the best, this is where you belong.
About the Role
The Vendor Risk Management Senior Analyst is an integral part of Latham's Global Procurement team. This role will be responsible for leading the assessment, monitoring, and mitigation of risks associated with our vendor relationships, while leading the analysis of vendor risk profiles through comprehensive due diligence activities of new and existing vendors to identify potential risks and vulnerabilities, develop risk profiles, and categorise vendors based on risk levels. This role will be located in our London or Manchester office. Please note that this role may be eligible for a flexible working schedule that allows for a hybrid and in-office presence.
Responsibilities & Qualifications
Other key responsibilities include:
Overseeing vendor performance and compliance with contractual obligations and regulatory requirements, and preparing detailed reports and dashboards to communicate risk findings to senior management
Assisting in developing and implementing risk mitigation strategies to address identified risks, while collaborating with vendors and internal teams to ensure robust risk management practices are in place
Evaluating vendor performance metrics and reports to assess service quality, cost-effectiveness, and compliance, in order to provide strategic recommendations for improvement and cost-saving opportunities
Coordinating and leading vendor audits to evaluate compliance with company policies and industry standards, in addition to documenting findings and ensuring follow-up on corrective actions
Contributing to the development and maintenance of vendor risk management policies and procedures, while ensuring alignment with industry best practices and regulatory requirements
We'd love to hear from you if you:
Demonstrate advanced analytical skills with proficiency in data analysis tools and software
Possess the ability to lead in a team environment with a strong customer service focus
Exhibit strong communication skills, both written and oral, with the ability to present to senior management
And have:
A bachelor's degree
A professional certification or extended education in a related field
Experience in vendor risk management, compliance, or a related role
Relevant experience at a professional services firm or Fortune 500 company
Benefits & Additional Information
Successful candidates will not only be provided with an outstanding career opportunity and welcoming environment, but will also be provided with a generous total compensation package with bonuses awarded in recognition of both individual and firm performance. Eligible employees can participate in Latham's comprehensive benefit program which includes:
Health insurance as well as group income protection and life assurance
A pension plan
Wellness programs
Employee discounts
And more!
Additionally, we have a range of programming including Global Affinity Groups, which are open to all. These groups provide a firmwide platform to share experiences and advice as well as an opportunity to participate in a supportive network with common interests to help make life at the firm even better.
Latham & Watkins is an equal opportunity employer. The Firm prohibits discrimination against any employee or applicant for employment on the basis of race, colour, religion, sex, age, national origin, sexual orientation, gender identity, gender expression, marital status, or any other characteristic or condition protected by applicable statute.
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