Indirect Procurement Third-Party Rick Management (TPRM) Lead

Posted 18 Days Ago
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Austin, TX, USA
In-Office
108K-149K Annually
Senior level
Artificial Intelligence • Semiconductor • Manufacturing
The Role
The Indirect TPRM Lead manages Third-Party Risk Management activities in Indirect Procurement, ensuring risk identification, assessment, and mitigation align with enterprise policies. Responsibilities include risk assessment coordination, governance enablement, and integration of risk requirements in procurement processes, while engaging with cross-functional teams.
Summary Generated by Built In

Who We Are

Applied Materials is a global leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world. We design, build and service cutting-edge equipment that helps our customers manufacture display and semiconductor chips – the brains of devices we use every day. As the foundation of the global electronics industry, Applied enables the exciting technologies that literally connect our world – like AI and IoT. If you want to push the boundaries of materials science and engineering to create next generation technology, join us to deliver material innovation that changes the world. 

What We Offer

Salary:

$108,000.00 - $148,500.00

Location:

Austin,TX

You’ll benefit from a supportive work culture that encourages you to learn, develop, and grow your career as you take on challenges and drive innovative solutions for our customers. We empower our team to push the boundaries of what is possible—while learning every day in a supportive leading global company. Visit our Careers website to learn more. 

At Applied Materials, we care about the health and wellbeing of our employees. We’re committed to providing programs and support that encourage personal and professional growth and care for you at work, at home, or wherever you may go. Learn more about our benefits

The Indirect TPRM Lead is responsible for the development and execution of Third‑Party Risk Management activities within Indirect Procurement and the Extended Workforce, ensuring third-party risk is effectively identified, assessed, mitigated, and governed and operated within established enterprise TPRM policies and governance frameworks.

This role ensures third‑party risk assessments, mitigation actions, and governance processes are executed consistently, and are embedded into procurement, contracting, and supplier lifecycle processes.

The role operates as a senior individual contributor, leading complex risk activities and influencing cross‑functional partners, maintaining strong coordination with Legal, Risk and Audit stakeholders.

Key Responsibilities

Indirect TPRM Program Execution

  • Oversee and enable the execution of third‑party risk management activities for indirect suppliers and service providers
  • Partner with Audit, Compliance & Governance leadership to design:
    • The Indirect TPRM framework and processes
    • Risk segmentation and escalation thresholds
    • Risk assessment workflows and controls
  • Support the Indirect TPRM lifecycle, including:
    • Supplier onboarding risk reviews
    • Ongoing monitoring and control activities
    • Supplier off‑boarding risk considerations
  • Apply approved risk frameworks, assessment criteria, and workflows consistently across categories and regions

Risk Assessment & Mitigation Support

  • Coordinate and execute third‑party risk assessments in partnership with:
    • Information Security
    • Privacy
    • Legal
    • Ethics & Compliance
    • Other enterprise risk domain owners
  • Support new supplier and new program risk assessments using approved tools and methodologies
  • Translate assessment outcomes into:
    • Risk mitigation actions
    • Contractual risk requirements
    • Escalation recommendations
  • Track assessment progress and follow‑up actions to completion

Governance Committee Enablement

  • Review risk summaries, dashboards, and supporting documentation for:
    • High‑risk (Tier 1) supplier summaries
    • Mitigation options
    • Risk dashboards and trend analysis
    • Material risk changes or exceptions
  • Enable informed governance decisions by clearly articulating risk tradeoffs
  • Escalate risks in accordance with defined governance and delegation thresholds
  • Track governance actions and coordinate follow-up execution with stakeholders

Contracting & Procurement Integration

  • Support the integration of third‑party risk requirements into procurement and contracting processes
  • Translate approved risk findings into risk‑based contractual requirements
  • Partner with Legal, Sourcing, and Category teams to ensure consistent application of approved contract language
  • Support enforcement and tracking of contractual risk controls
  • Partner with Category teams in developing risk approaches to category strategies

Technology, Data & Program Maturity

  • Partner with Technology and Analytics teams to define TPRM technology requirements, dashboards, and reporting capabilities
  • Drive consistency, scalability, and transparency across risk assessments and monitoring
  • Identify opportunities to streamline workflows and improve user experience without weakening controls
  • Identify recurring execution issues or bottlenecks and recommend improvements

Stakeholder Engagement & Enablement

  • Partner closely with Audit, Compliance & Third‑Party Risk Governance leadership to ensure execution aligns with oversight expectations
  • Build strong relationships with Category and Sourcing teams, provide guidance on risk assessment, tiering and mitigation
  • Serve as a primary point of contact for Procurement teams on Indirect TPRM execution
  • Provide guidance and support on:
    • Risk processes
    • Escalation expectations
    • Governance requirements

Qualifications

  • Bachelor’s degree in Business, Supply Chain, Risk Management, Finance, or a related field
  • 5–8 years of experience in one or more of the following:
    • Third‑Party Risk Management
    • Procurement or supplier risk
    • Compliance, audit support, or governance roles
  • Experience executing structured risk or compliance processes in a global environment
  • Strong attention to detail and ability to manage multiple workstreams simultaneously

Preferred

  • Experience supporting risk governance committees
  • Familiarity with procurement and contracting processes
  • Exposure to procurement, TPRM, or CLM systems (e.g., Ariba, ServiceNow, vendor risk tools)

Critical Skills & Competencies

  • Strong execution discipline within defined frameworks
  • Ability to influence cross‑functional partners without authority
  • Clear, concise written and verbal communication
  • Analytical thinking and sound risk judgment
  • Comfort operating in regulated, audit‑sensitive environments

Additional Information

Time Type:

Full time

Employee Type:

Assignee / Regular

Travel:

Yes, 10% of the Time

Relocation Eligible:

No

The salary offered to a selected candidate will be based on multiple factors including location, hire grade, job-related knowledge, skills, experience, and with consideration of internal equity of our current team members. In addition to a comprehensive benefits package, candidates may be eligible for other forms of compensation such as participation in a bonus and a stock award program, as applicable.

For all sales roles, the posted salary range is the Target Total Cash (TTC) range for the role, which is the sum of base salary and target bonus amount at 100% goal achievement.

Applied Materials is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, national origin, citizenship, ancestry, religion, creed, sex, sexual orientation, gender identity, age, disability, veteran or military status, or any other basis prohibited by law.

In addition, Applied endeavors to make our careers site accessible to all users. If you would like to contact us regarding accessibility of our website or need assistance completing the application process, please contact us via e-mail at [email protected], or by calling our HR Direct Help Line at 877-612-7547, option 1, and following the prompts to speak to an HR Advisor. This contact is for accommodation requests only and cannot be used to inquire about the status of applications.

Skills Required

  • Bachelor's degree in Business, Supply Chain, Risk Management, Finance, or a related field
  • 5-8 years of experience in Third-Party Risk Management or related fields
  • Experience executing structured risk or compliance processes in a global environment

Applied Materials Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Applied Materials and has not been reviewed or approved by Applied Materials.

  • Retirement Support Retirement offerings are positioned as a meaningful part of total rewards, with a 401(k) match structure and auto-enrollment described alongside participation in stock-related programs. The combination of matching and purchase discounts is presented as strengthening longer-term financial benefits beyond base pay.
  • Healthcare Strength Health coverage is characterized as comprehensive, spanning medical/dental/vision as well as life and disability protections, with additional support like EAP and virtual care. Onsite fitness/health centers in certain locations further reinforce the sense of a robust health and wellness benefits stack.
  • Leave & Time Off Breadth Time-off provisions are described as broad, including flexible/unlimited PTO in some roles, paid holidays, sick time, bereavement leave, and parental leave. Flex-time and flexible hours appear repeatedly as part of the overall rewards experience.

Applied Materials Insights

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The Company
HQ: Santa Clara, CA
23,282 Employees
Year Founded: 1969

What We Do

Applied Materials is the leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world. Our expertise in modifying materials at atomic levels and on an industrial scale enables customers to transform possibilities into reality. At Applied Materials, our innovations make possible a better future.

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