Vendor Risk Manager

About Tradeweb:

Tradeweb Markets is a world leader in the evolution of electronic trading. A fintech company serving over 2,500 clients – including the world’s largest banks, asset managers, hedge funds, insurance companies, wealth managers and retail clients -- in more than 70 countries across the globe. Since our first trade in 1998, we have helped transform and electronify the fixed income markets. Tradeweb is a culture built on innovation, creativity and collaboration. Through a combination of very talented and driven people, innovative products and solutions, cutting-edge technology, market data, and a vast network of clients, we continue to work together to improve the way financial markets trade.

Mission: Move first and never stop. Collaborate with clients to create and build solutions that drive efficiency, connectivity, and transparency in electronic trading.
 

Tradeweb Markets LLC ("Tradeweb") is proud to be an EEO Minorities/Females/Protected Veterans/Disabled/Affirmative Action Employer.

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Group Details

In order to capitalize on our success and continued growth plans we are seeking a highly motivated global Vendor Risk Manager to join our Risk Operations team.  The successful candidate will be responsible for leading our vendor management program, providing operational support, performing vendor risk assessments and ongoing vendor risk monitoring, and driving process and technology improvements across the vendor management lifecycle. This role is key in supporting Tradeweb’s businesses in meeting their objectives and ensuring associated supply chain/ vendor risks are assessed and managed. Additionally, the successful candidate will be responsible for follow up with internal and external stakeholders to complete the end-to-end vendor risk screening and assessment process.  This role will involve working directly with vendors, Procurement, Legal, Information Security and internal business units on a regular basis.  Excellent interpersonal and writing skills are required as well as knowledge of relevant global vendor oversight and management regulations.

We look to hire people who are comfortable working with minimal supervision as part of a small team that has consistently delivered ground-breaking and innovative solutions in one of the most exciting and fast-moving areas of the financial markets. We need people who are able to prioritize and can effectively communicate complex issues to non-technical team members.  The ideal candidate is someone who has experience in the Financial Industry, who can meet with our internal and external stakeholders and speak confidently about our Vendor Management practices. 

Both on-the-job and professional training, where needed, will be given to help integrate the successful candidate into the team.  The successful candidate will be someone that can quickly grasp the current Tradeweb system processes, controls, policies, procedures and work to further enhance (through collaborative efforts) the firm’s Vendor Management Program.  The candidate will be required to assess the current Vendor Management Program in an effort to streamline, enhance, and initiate improvement. 

Job Responsibilities:

• Lead the on-going development and enhancement of the Vendor Management Lifecycle through collaboration with stakeholders, process improvements, technology and automation
• Partner with key stakeholders to implement tools and automation that support effective management and oversight of the vendor management lifecycle, and mature processes to scale the program
• Provide periodic vendor risk reporting for senior management and governance committees, as required
• Manage the pipeline of incoming prospective vendor engagement requests and work with internal stakeholders to confirm the completeness and accuracy of information, ensure due diligence questionnaires are scoped and sent to vendors, and timely responses are received
• Lead the team responsible for performing risk assessments on prospective and existing vendors in accordance with the firm’s Procurement and Vendor Risk Management policy and procedures
• Coordinate with cross-functional review teams to ensure reviews are incorporated into the final Vendor Assessment reports  
• Follow-up with third parties regarding incomplete due diligence information or follow-up questions required to complete assessments
• Monitor any open findings and track findings through to completion 
• Leverage existing tools and processes to conduct periodic and ongoing monitoring of vendors 

Required Qualifications:

• BA/BS degree in Risk Management, Finance, Economics, Accounting, Mathematics, Statistics, or relevant degree
• 8+ years of experience in vendor/third party risk management or operational supplier management, preferably in the banking, consulting, financial services or Fintech industry
• Experience leading a global vendor/third party management program and team 
• Understanding of global vendor risk management and outsourcing regulations (e.g., DORA, MAS guidelines)
• Ability to quickly develop an understanding of business processes and technology used within Tradeweb across all businesses and regions
• Experience performing detailed vendor risk assessments for a large list of vendors
• Experience using vendor/third party risk management systems/tools (i.e., KY3P)
• Communicate and present concisely and effectively based on appropriate level of management interaction
• Manage competing deadlines and prioritize responsibilities to effectively meet business needs
• Confident ability to drive tasks through to completion
• Attention to detail, excellent organizational skills, the ability to multi-task and set priorities in a fast-paced environment
• Work both independently and as part of a team at all levels and across all business units
• Experience collaborating with other cross-functional teams, such as Procurement, Cyber Risk, Information Security, Legal, Compliance and others to improve vendor management processes and systems
• Good judgment and discretion in handling confidential and sensitive information, with solid strategic thinking skills to meet team objectives

Desired Skills:

• Training/certification in vendor risk management, information security or risk management 
• Experience in ISO 27001, ISO 27002 Domains, NIST Cyber Security Framework 
• Experience with KY3P, Confluence, SharePoint, Asana and other vendor management/GRC tools are highly desired
• Project management/ Consulting experience
• Understanding of DORA regulation

Additional Information

Tradeweb is committed to providing valuable and competitive benefits. In addition to working in our culture of innovation and collaboration, we offer: 

• Health Insurance: Highly competitive medical, dental, and vision programs
• Hybrid Environment: Our employees have the flexibility of working in the office and from home.
• Health Care and Dependent Care Flexible Spending Accounts: You may elect to set aside pre-tax earnings to pay for eligible health care and dependent day care expenses for you and your eligible family members.
• Maven Family Building Benefit: Maven offers support for fertility and preconception; pregnancy and post-partum; adoption; surrogacy and pediatrics for children up to age 10. Tradeweb provide a $10,000 lifetime reimbursement towards fertility, egg freezing, adoption and surrogacy expenses.
• Building Wealth - 401(k) Savings Plan: Employees are immediately eligible for the 401(k) plan. Participants may contribute up to 75% of eligible compensation into a traditional 401(k) and/or Roth 401(k). Tradeweb will match 100% of the first 4% of compensation that you contribute.
• The current pay range for this role if performed in the city of New York is currently $140,000 to $300,000 per year, based on a regular, full-time schedule.  The amount of pay offered will be determined by a number of factors, including but not limited to qualifications, market data, geographic location, and internal guidelines.

Other Benefit Programs

• Pre-Tax Commuter Benefits Program
• ARAG Legal Services
• Employee Assistance Program
• Tuition Reimbursement
• Financial Wellness Tools
• Travel Assistance Benefits
• Pet Insurance
• Corporate Gym Subsidies
• Wellness Perks
• Paid Time Off and Parental Leave