Manager of Global Vendor Risk Management
About Latham & Watkins:
Latham & Watkins is a global law firm consistently ranked among the top firms in the world. The success of our firm is largely determined by our commitment to hire and develop the very best and brightest, creating a team that provides our clients with the highest quality of work and service.We are driven by our core values: respect, innovation, and collaboration.
About the Role:
The Manager of Global Vendor Risk Management is an integral part of Latham’s Global Finance team and will be responsible for developing, maintaining, and maturing the vendor risk management program and ensuring effective management of vendor risk across the firm, while developing and implementing vendor risk management policies, procedures, technology, and standards globally.Additionally, while leading the Vendor Risk Management team, this role collaborates with various departments, including Procurement, Legal, Compliance, Information Security, IT, Sustainability, and others to ensure that vendor relationships are managed effectively and in line with regulatory requirements.
This role will be located in our Global Services Office in Downtown 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:
- Leading a team to conduct thorough due diligence assessments of potential and existing vendors to identify and evaluate potential risks in collaboration with subject matter experts across various risk domains
- Orchestrating the appropriate tracking of vendor performance and compliance with contractual obligations, service level agreements (SLAs), and regulatory requirements
- Ensuring the effective offboarding of vendors
- Collaborating with cross-functional teams to integrate risk management into firm processes as necessary
- Leading vendor risk management meetings and reporting on key risk indicators to senior management and relevant committees
- 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 understanding of risk management principles and methodologies
- Possess excellent leadership skills (e.g., organizing, planning, problem-solving, and decision-making) necessary for effective management
- Display excellent analytical, organizational, and decision-making skills
And have:
- A Bachelor's degree or an equivalent in Business, Supply Chain Management, Risk Management, or another related field; a Master’s degree, professional certification, or extended education in a related field, preferably
- A minimum of five (5) years of experience in risk management with a focus on vendor or third-party risk management or risk consulting experience
- Experience in a professional services environment, preferably
- Supervisory experience, 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 programs
- Employee discounts
- And more!
Additionally, we have a range of diversity programming including Global Affinity Groups. 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 committed to diversity, equal opportunity, sustainability, and pro bono legal services. We draw from a remarkable wealth of talent to create one of the world's leading law firms, and advance these commitments through the work of our Global Citizenship department.Our lawyers, paralegals, and professional staff worldwide comprise a rich mixture of different races, ethnic backgrounds, religions, sexual orientations, cultures, and primary languages. Our diversity makes us who we are.
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.
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Pay Range: USD $160,000.00 - USD $190,000.00 /Yr.