Vendor Risk Management Analyst

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 Analyst is an integral part of Latham’s Global Finance team. This role will be responsible for assessing, monitoring, and mitigating risks associated with our vendor relationships, as well as analyzing vendor risk profiles through various due diligence activities of new and existing vendors to identify potential risks and vulnerabilities, in order to develop risk profiles and categorize vendors based on risk levels. This role will be located in our Global Services Office (GSO) in Los Angeles. 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: Ensuring vendor performance and compliance with contractual obligations and regulatory requirements, and preparing detailed reports and dashboards to communicate risk findings to management Developing and implementing risk mitigation strategies to address identified risks, and collaborating with vendors and internal teams to ensure effective risk management practices are in place Analyzing vendor performance metrics and reports to assess service quality, cost-effectiveness, and compliance, and providing recommendations for improvement and cost-saving opportunities Coordinating and conducting vendor audits to evaluate compliance with company policies and industry standards, as well as documenting findings and following up on corrective actions Assisting in the development and maintenance of vendor risk management policies and procedures, and ensuring alignment with industry best practices and regulatory requirements Protecting and maintaining any highly sensitive, confidential, privileged, financial, and/or proprietary information that Latham & Watkins retains We’d love to hear from you if you: Demonstrate strong analytical skills with proficiency in data analysis tools and software Exhibit the ability to work in a team environment with a strong customer service focus Possess strong communication skills And have: A bachelor’s degree, preferably a master’s degree, professional certification, or extended education in a related field A minimum of four (4) years of experience in vendor risk management, compliance, or a related role Relevant experience at a professional services firm or Fortune 500 company, preferably 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: Healthcare, life and disability insurance A generous 401k plan At least 11 paid holidays per year, and a PTO program that accrues 23 days during the first year of employment and grows with tenure Well-being programs (e.g. mental health services, mindfulness and resiliency, medical resources, well-being events, and more) Professional development programsEmployee discounts Affinity groups, networks, and coalitions for lawyers and staff Latham & Watkins is an equal opportunity employer. The Firm prohibits discrimination against any employee or applicant for employment on the basis of race (including, but not limited to, hair texture and protective hairstyles), color, religion, sex, age, national origin, sexual orientation, gender identity, veteran status (including veterans of the Vietnam era), gender expression, marital status, or any other characteristic or condition protected by applicable statute. Latham & Watkins LLP will consider qualified applicants with criminal histories in a manner consistent with the City of Los Angeles Fair Chance Initiative for Hiring Ordinance (FCIHO). Please click the link below to review the Ordinance. Please click here to review your rights under U.S. employment laws. Pay Range USD $80,000.00 - USD $110,000.00 /Yr. #J-18808-Ljbffr Latham & Watkins LLP