Business Process Owner Third-Party Risk Management

About this role

<p>Join Our Team as a Business Process Owner for Third-Party Risk Management (TPRM).</p><p>Join us in a pivotal role where you will lead the optimization of our Third-Party Risk Management (TPRM) processes, enhancing our procurement operations globally. As the Business Process Owner, you will oversee the entire TPRM lifecycle—from third-party intake and risk tiering to due diligence, contracting, ongoing monitoring, and offboarding. This is your chance to drive standardization and innovation, utilizing automation and digital workflows to ensure our processes are consistent, efficient, and compliant with regulatory standards.</p><p> </p><p><strong>Your Role:</strong></p><ul type="disc"><li>Lead Process Optimization: Drive the standardization and simplification of TPRM processes, working collaboratively with stakeholders across Procurement, Legal, Compliance, and Risk to create a unified global framework.</li><li>Framework Development: Design and maintain a comprehensive TPRM framework that aligns with Merck policies and meets compliance obligations.</li><li>Integrate Risk Management: Embed TPRM practices into procurement and contracting workflows, ensuring that risk considerations are effectively applied.</li><li>Enhance Efficiency: Manage TPRM tool requirements, focusing on data quality and user adoption to improve overall process efficiency.</li><li>Change Management: Communicate process changes, govern deviations, and develop training materials to foster understanding and compliance across the organization.</li><li>Performance Monitoring: Define and track TPRM KPIs, leveraging insights to drive continuous improvements in risk management and operational performance.</li><li>Stakeholder Engagement: Prepare impactful presentations and decision papers for senior leadership, ensuring alignment on priorities and risk management strategies.</li></ul><p> </p><p><strong>Who You Are:</strong></p><ul type="disc"><li>Master’s degree in a relevant field (e.g., business, law, r

Apply for this role on EMD Group’s official careers site.