Third Party Risk Specialist

Posted 14 Days Ago
Be an Early Applicant
Prague, CZE
In-Office
Junior
Fintech
The Role
Support vendor onboarding, risk assessments and monitoring for critical/regulatory vendors; coordinate 2nd-line reviews, maintain vendor inventory and documentation, prepare monitoring reports, update third-party risk framework and internal controls, and assist enterprise risk reporting while communicating findings to stakeholders and management.
Summary Generated by Built In

Let’s be #BrilliantTogether

ISS STOXX is now seeking to hire a specialist to join our Enterprise Risk Management team, based in our Prague office. In this role, you will be part of an enthusiastic, international and diverse team that you can actively support beyond your own team boundaries. Your main task will be to support ISS STOXX vendor risk management program and to actively participate in vendor onboarding and monitoring. This position offers extensive growth opportunities, both in terms of responsibilities and exposure.

The ideal candidate is willing to learn, and possesses an analytical and pragmatic mindset, ability to work in a regulated environment, and the capability to work independently with a support if needed. Additionally, the role includes active communication with stakeholders from first line business function and high-level management.

What you will do in your role
  • Cooperate with Purchasing and support onboarding of vendors 

  • Perform risk assessment especially for critical and regulatory relevant vendors (with respect to Benchmark regulation, ESG rating regulation and EU Green bonds regulation) 

  • Coordinate review from other 2nd Line of Defense functions and ensure approval from the management 

  • Cooperate with business owners to collect monitoring results for critical and regulatory relevant vendors, prepare monitoring reports and present to management 

  • Administer vendor inventory and related documentation 

  • Coordinate annual and ad-hoc reviews for selected vendors 

  • Support updates of the risk management framework, especially for third party risk management and outsourcing 

  • Ensure review and update of internal control system for selected areas, e.g. outsourcing, vendor management and purchasing 

  • Help us analyze risk management data and support the enterprise risk management reporting 

  • Use your communication skills to explain complex risk topics clearly and to the point towards a varied audience

Required Qualifications:
  • Bachelor’s and/or master’s degree 

  • 2-3 years previous experience in Risk Management, Procurement, or Purchasing 

  • Experience working in a regulated environment 

  • Good Excel skills, including basic calculations, pivot tables, and reporting 

  • Ability to collaborate effectively with internal and/or external stakeholders and deliver on cross-functional projects 

  • Ability to communicate clearly, efficiently, and professionally with stakeholders at different levels, including senior management

  • Independent working style, with the confidence to take ownership of responsibilities and operate with limited day-to-day guidance

  • Strong attention to detail, combined with a pragmatic approach to solving business issues 

  • Critical thinking skills, with the ability to prioritize effectively and meet deadlines 

  • Open-minded approach and willingness to think outside the box 

  • Fluency in English, C1 level or above 

Preferred Qualifications:
  • Financial services experience 

#LI-RH1 #STOXX #ASSOCIATE

What You Can Expect from Us

At ISS STOXX, our people are our driving force. We are committed to building a culture that values diverse skills, perspectives, and experiences. We hire the best talent in our industry and empower them with the resources, support, and opportunities to grow—professionally and personally.

 

Together, we foster an environment that fuels creativity, drives innovation, and shapes our future success.

 

Let’s empower, collaborate, and inspire.

 

Let’s be #BrilliantTogether.

About ISS STOXX

ISS STOXX GmbH is a leading provider of research and technology solutions for the financial market. Established in 1985, we offer top-notch benchmark and custom indices globally, helping clients identify investment opportunities and manage portfolio risks. Our services cover corporate governance, sustainability, cyber risk, and fund intelligence. Majority-owned by Deutsche Börse Group, ISS STOXX has over 3,400 professionals in 33 locations worldwide, serving around 6,400 clients, including institutional investors and companies focused on ESG, cyber, and governance risk. Clients trust our expertise to make informed decisions for their stakeholders' benefit. 

Visit our website: https://www.issgovernance.com       

View additional open roles: https://www.issgovernance.com/join-the-iss-team/      

Institutional Shareholder Services (“ISS”) is committed to fostering, cultivating, and preserving a culture of diversity and inclusion. It is our policy to prohibit discrimination or harassment against any applicant or employee on the basis of race, color, ethnicity, creed, religion, sex, age, height, weight, citizenship status, national origin, social origin, sexual orientation, gender identity or gender expression, pregnancy status, marital status, familial status, mental or physical disability, veteran status, military service or status, genetic information, or any other characteristic protected by law (referred to as “protected status”).  All activities including, but not limited to, recruiting and hiring, recruitment advertising, promotions, performance appraisals, training, job assignments, compensation, demotions, transfers, terminations (including layoffs), benefits, and other terms, conditions, and privileges of employment, are and will be administered on a non-discriminatory basis, consistent with all applicable federal, state, and local requirements. 

Skills Required

  • Bachelor's or Master's degree
  • 2-3 years experience in Risk Management, Procurement, or Purchasing
  • Experience working in a regulated environment
  • Good Excel skills, including basic calculations, pivot tables, and reporting
  • Ability to collaborate effectively with internal and/or external stakeholders and deliver on cross-functional projects
  • Ability to communicate clearly and professionally with stakeholders at different levels, including senior management
  • Independent working style with confidence to take ownership and operate with limited guidance
  • Strong attention to detail and pragmatic problem-solving approach
  • Critical thinking, prioritization, and ability to meet deadlines
  • Fluency in English, C1 level or above
  • Financial services experience

ISS (Institutional Shareholder Services) Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about ISS (Institutional Shareholder Services) and has not been reviewed or approved by ISS (Institutional Shareholder Services).

  • Retirement Support Retirement plans include a notably strong 401(k) match with a Safe Harbor contribution that stands out within the package. The retirement offering is regarded as a highlight relative to other elements of total rewards.
  • Leave & Time Off Breadth Paid time off, paid holidays, and parental leave are substantial components of the package. Time-away benefits are often described as a standout compared with other facets of compensation.
  • Healthcare Strength Medical, dental, and vision coverage are comprehensive within the standard package. Health coverage is generally viewed as solid, albeit characterized as middle of the road in some descriptions.

ISS (Institutional Shareholder Services) Insights

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The Company
HQ: Rockville, MD
2,115 Employees
Year Founded: 1985

What We Do

Founded in 1985, Institutional Shareholder Services group of companies (ISS) empowers investors and companies to build for long-term and sustainable growth by providing high-quality data, analytics and insight. ISS, which is majority owned by Deutsche Bourse Group, along with Genstar Capital and ISS management, is a leading provider of corporate governance and responsible investment solutions, market intelligence, fund services, and events and editorial content for institutional investors and corporations, globally. ISS’ 2,200 employees operate worldwide across 29 global locations in 15 countries. It’s approximately 3,100 clients include many of the world’s leading institutional investors who rely on ISS’ objective and impartial offerings, as well as public companies focused on ESG and governance risk mitigation as a shareholder value enhancing measure. Clients rely on ISS’ expertise to help them make informed investment decisions.

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