At Julius Baer, we celebrate and value the individual qualities you bring, enabling you to be impactful, to be entrepreneurial, to be empowered, and to create value beyond wealth. Let’s shape the future of wealth management together.
The role of Supplier Risk Specialist is primarily directed at supplier due diligence execution and associated analysis and documentation. Acting as subject matter expert (SME) and first line of defence, he/she will identify, assess, report, and monitor supplier risks associated with the Bank’s external suppliers and outsourcing partners using third-party intelligence to evaluate financial, ESG and other key aspects.
YOUR CHALLENGE
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Supplier risk assessments: Conduct risk assessments for existing and new suppliers based on Third Party Risk Framework and pre-defined Procurement Risk assessment methodology
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Perform Supplier due diligence reviews whilst involving second-line functions (Risk, Compliance, Legal, BCM, InfoSec, etc.) where needed
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Document and maintain standard and risk-specific Procurement due diligence templates and playbooks in relevant databases
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Manage the distribution, completion and analysis of supplier questionnaires related to financials viability, cybersecurity, ESG compliance, and other risk aspects ensuring high response rates and data completeness
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Support identification of sub-tier risks, such as concentration of sub-processors in high-risk regions, using automated tools or structured surveys
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Review legacy contracts and suppliers to assess Procurement related risk exposure and compliance gaps
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Provide regular Procurement supplier risk reporting and dashboards for internal stakeholders and senior management
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Collaborate with Global Category Management and Business Stakeholders to support integration of risk management into sourcing strategy and operational supplier management
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Act as the primary interface between Global Procurement and internal risk functions (e.g. TPRM, Legal, Compliance, Cyber), ensuring together with Global Category Management that suppliers meet the Bank’s risk standards
YOUR PROFILE
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Completed commercial diploma or degree in (technical) business administration
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3-5 years’ experience in Procurement, Vendor Risk Management, Operational Risk, or a related Governance/Risk/Compliance (GRC) function
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Strong understanding of third-party risk domains: financial, operational, regulatory, and reputational risk
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Proven ability to assess risk in complex supplier arrangements, including outsourcing and subcontracting
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Familiarity with supplier due diligence techniques (e.g., financial statement analysis, sanctions checks, ESG assessments, etc.)
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Strong analytical skills and attention to detail when reviewing complex documentation
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Team player who is open-minded, hands-on, a critical-thinker and has excellent problem-solving skills
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Analytical Thinking & Attention to Detail
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Effective Communication Skills
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Stakeholder Collaboration
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Hands-on Problem-Solving & Proactive Mindset
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