Associate, Third Party Risk

Posted 6 Days Ago
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Hiring Remotely in Copenhagen, Capital, DNK
Remote
Junior
Biotech
The Role
The Associate supports Third Party Due Diligence & Risk by executing due diligence, onboarding vendors, monitoring risks, and ensuring compliance with procurement processes. Responsibilities include maintaining supplier documentation, tracking vendor statuses, and collaborating with stakeholders to manage vendor risk effectively.
Summary Generated by Built In

At Genmab, we are dedicated to building extra[not]ordinary® futures, together, by developing antibody products and groundbreaking, knock-your-socks-off KYSO antibody medicines® that change lives and the future of cancer treatment and serious diseases. We strive to create, champion and maintain a global workplace where individuals’ unique contributions are valued and drive innovative solutions to meet the needs of our patients, care partners, families and employees.

Our people are compassionate, candid, and purposeful, and our business is innovative and rooted in science. We believe that being proudly authentic and determined to be our best is essential to fulfilling our purpose. Yes, our work is incredibly serious and impactful, but we have big ambitions, bring a ton of care to pursuing them, and have a lot of fun while doing so.

Does this inspire you and feel like a fit? Then we would love to have you join us!

The Role

The Associate, Third Party Due Diligence & Risk supports Genmab’s Global Procurement organisation by helping deliver effective, timely, and well-controlled third-party due diligence, supplier onboarding, vendor risk monitoring, and related operational activities.

This individual will provide dedicated support to the Third Party Due Diligence & Risk team across the current due diligence platform and associated workflows, while also supporting the transition to a future-state third-party risk management platform. The role will help ensure that supplier onboarding, due diligence, risk monitoring, documentation, data quality, and audit readiness activities are managed consistently, accurately, and at the pace required to support Genmab’s continued growth.

The Associate will work closely with Procurement, Legal, Compliance, Quality, Finance/AP, IT, business stakeholders, external vendors, and platform providers to support a scalable, risk-based, and business-enabling approach to third-party risk management.

Responsibilities

You will be responsible for supporting the team across the following areas:

Third-Party Due Diligence, Supplier Onboarding and Platform Support

  • Support the execution of third-party due diligence and supplier onboarding activities for new and existing vendors

  • Coordinate follow-up activities with vendors, business requestors, internal stakeholders, and platform providers to progress onboarding and due diligence requests

  • Track open, delayed, or blocked requests, ensuring timely follow-up, accurate status updates, and appropriate escalation where required

  • Review, validate, and maintain supplier information, due diligence documentation, workflow records, and related platform data

  • Support day-to-day operational activities in the due diligence platform, including workflow tracking, data validation, issue resolution, and process adherence

  • Assist with the identification of process pain points and provide practical input into workflow and platform design

  • Support preparation of analysis, stakeholder inputs, training materials, job aids, and user guidance for new or updated platform processes

Vendor Risk Monitoring and Revalidation

  • Monitor third-party risk alerts and support timely follow-up actions, including alerts from relevant screening, financial monitoring, and risk intelligence tools

  • Maintain tracking of monitoring activities, open actions, escalation items, and vendor risk status

  • Support periodic revalidation activities for higher-risk, critical, or otherwise in-scope vendors

  • Assist with data collection and reporting related to vendor risk monitoring, revalidation progress, and remediation activities

  • Coordinate with relevant stakeholders to support resolution of vendor risk issues, changes in vendor status, or required follow-up actions

Audit Readiness, Reporting and Continuous Improvement

  • Support the collection, organisation, and maintenance of audit evidence relating to due diligence, onboarding, monitoring, and vendor risk management activities

  • Maintain process documentation, job instructions, training materials, and other operational guidance

  • Support continuous improvement activities, including backlog reduction, process clean-up, SOP updates, and improved ways of working

Stakeholder and Vendor Coordination

  • Communicate clearly and professionally with internal stakeholders and external vendors to obtain required information, resolve open questions, and progress requests

  • Build effective working relationships across Procurement, Legal, Compliance, Quality, Finance, IT, business functions, vendors, and platform providers

  • Support a pragmatic, risk-based approach that balances strong governance and business agility

  • Escalate issues appropriately where risks, delays, missing information, or process exceptions require additional input or decision-making

Requirements

Moreover, you meet the following professional requirements:

  • Bachelor’s degree or equivalent experience, preferably in business, procurement, supply chain, compliance, risk management, finance, life sciences, or a related field

  • Approximately 1-2 years of relevant experience in procurement operations, supplier onboarding, third-party due diligence, third-party risk management, vendor management, compliance operations, audit support, or a related operational risk function

  • Good knowledge and understanding of third-party due diligence, supplier onboarding, vendor risk management, or procurement governance processes

  • Understanding of key third-party risk domains such as compliance, financial stability, ethics, data privacy, information security, GxP, ESG, or business continuity

  • Experience working with workflow, case management, procurement, vendor master data, due diligence, or risk assessment tools

  • Strong analytical and organisational skills, with high attention to detail and the ability to maintain accurate records and documentation

  • Proven ability to manage multiple requests, follow-ups, deadlines, and stakeholders in a fast-paced environment

  • Ability to work independently on defined tasks while knowing when to escalate issues, risks, or exceptions

  • Experience supporting process documentation, training materials, audit evidence, reporting, or continuous improvement activities

  • Ability to be proactive, structured, enthusiastic, and goal-oriented

  • A team player with demonstrated ability to collaborate with a diverse group of internal and external stakeholders, including Procurement, Legal, Compliance, Quality, Finance/AP, IT Security, business requestors, vendors, and platform providers

  • Strong written and verbal communication skills, with the ability to communicate clearly, professionally, and pragmatically

  • Experience in a pharmaceutical, biotech, life sciences, or other regulated environment would be an advantage

About You

  • You are genuinely passionate about our purpose

  • You bring precision and excellence to all that you do

  • You believe in our rooted-in-science approach to problem-solving

  • You are a generous collaborator who can work in teams with a broad spectrum of backgrounds

  • You take pride in enabling the best work of others on the team

  • You can grapple with the unknown and be innovative

  • You have experience working in a fast-growing, dynamic company (or a strong desire to)

  • You work hard and are not afraid to have a little fun while you do so!

Locations

Genmab maximizes the efficiency of an agile working environment, when possible, for the betterment of employee work-life balance. Our offices are crafted as open, community-based spaces that work to connect employees while being immersed in our powerful laboratories. Whether you’re in one of our office spaces or working remotely, we thrive on connecting with each other to innovate.

About Genmab

Genmab is an international biotechnology company with a core purpose to improve the lives of patients through innovative and differentiated antibody therapeutics. For 25 years, its hard-working, innovative and collaborative team has invented next-generation antibody technology platforms and harnessed translational, quantitative and data sciences, resulting in a proprietary pipeline including bispecific T-cell engagers, antibody-drug conjugates, next-generation immune checkpoint modulators and effector function-enhanced antibodies. By 2030, Genmab’s vision is to transform the lives of people with cancer and other serious diseases with Knock-Your-Socks-Off (KYSO®) antibody medicines.

Established in 1999, Genmab is headquartered in Copenhagen, Denmark with international presence across North America, Europe and Asia Pacific. For more information, please visit Genmab.com and follow us on LinkedIn and X.

Genmab is committed to protecting your personal data and privacy. Please see our privacy policy for handling your data in connection with your application on our website Job Applicant Privacy Notice (genmab.com).

Skills Required

  • Bachelor's degree or equivalent experience in related field
  • 1-2 years of relevant experience in procurement operations or third-party risk management
  • Knowledge of third-party due diligence and vendor risk management processes
  • Experience with workflow or risk assessment tools
  • Strong analytical and organizational skills
  • Ability to communicate clearly and collaborate with stakeholders
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The Company
HQ: Plainsboro, NJ
2,179 Employees
Year Founded: 1999

What We Do

We are an international biotech company committed to improving the lives of patients through innovative and differentiated antibody therapeutics. For more than 20 years, our passionate, innovative, and collaborative team has invented next-generation antibody technology platforms and leveraged translational research and data sciences, which has resulted in a proprietary pipeline including bispecific T-cell engagers, next-generation immune checkpoint modulators, effector function enhanced antibodies and antibody-drug conjugates. To help develop and deliver novel antibody therapies to patients, we have formed 20+ strategic partnerships with biotechnology and pharmaceutical companies. By 2030, our vision is to transform the lives of people with cancer and other serious diseases with Knock-Your-Socks-Off (KYSO) antibody medicines. We are united by our core values: a passion for innovation, determination, integrity, and working as one team and respecting each other. When you work at Genmab you'll be part of a warm, fun, dynamic community seeking out and embracing the opportunity to build new and bold futures within a rapidly growing biotech company. Genmab is a place where you can be authentically you; you are empowered to innovate, build solutions, and execute; feel cared for and supported. In its totality, this makes working at Genmab an extra[not]ordinary experience. Established in 1999, we are headquartered in Copenhagen, Denmark with locations in Utrecht, the Netherlands, Princeton, New Jersey, U.S., and Tokyo, Japan. For more information, please visit Genmab.com Disclaimer: http://bit.ly/GENDisclaimer

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