Responsibilities
- Assessing, monitoring, and mitigating risks associated with our vendor relationships
- 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
- Ensuring vendor performance and compliance with contractual obligations and regulatory requirements
- Preparing detailed reports and dashboards to communicate risk findings to management
- Developing and implementing risk mitigation strategies to address identified risks
- 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
- Providing recommendations for improvement and cost-saving opportunities
- Coordinating and conducting vendor audits to evaluate compliance with company policies and industry standards
- Documenting findings and following up on corrective actions
- Assisting in the development and maintenance of vendor risk management policies and procedures
- 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
Requirements
- Bachelor's degree, preferably a master's degree, professional certification, or extended education in a related field
- Minimum of four (4) years of experience in vendor risk management, compliance, or a related role
Nice to Have
- Relevant experience at a professional services firm or Fortune 500 company
Benefits
- Generous total compensation package with bonuses awarded in recognition of both individual and firm performance
- Healthcare, life and disability insurance
- Generous 401k plan
- At least 11 paid holidays per year
- 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
- Affinity groups, networks, and coalitions for lawyers and staff
Work Arrangement
Hybrid — Downtown Los Angeles
