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Entergy Vendor Risk Management Analyst in New Orleans, Louisiana

Vendor Risk Management Analyst

Date: Nov 22, 2022

Location: New Orleans, Louisiana, United States

Company: Entergy

Posting End Date: 11/30/2022

Work Place Flexibility: Hybrid

*The formal job title will be Business Analyst, Sr - (SC). This position will likely be filled in Q1 of 2023*

Locations within any of Entergy's service states may be considered (LA, TX, MS, AR)

Job Summary/Purpose

This position is responsible for proactive & ongoing assessment of third-party risks as well as associated mitigations and reporting activities as part of Entergy’s internal third-party risk management program. This position is responsible to work cross-collaboratively with Entergy Supply Chain, internal customers, and external Vendors to track, monitor, mitigate, and report on key risks. The role involves providing guidance as well as completing reports (including policies, programs, and procedures).

The position will help to ensure that processes are well documented, readily available, and effective. This role also supports and assists the Supply Chain Organization and its customers with reporting, auditing, and consultative support to ensure full compliance with internal controls, policies, procedures. The ideal candidate will have experience in Enterprise third-party risk management as comprehensive well understanding of both risk management and information security frameworks.

Job Duties/Responsibilities

  • Ensure that the Team and its suppliers always put safety first. Actively promote strong safety behaviors, utilizing key tools such as Close Call / Good Catch in addition to proactive field and office visits to review standards and behaviors. Monitors and influences suppliers and other stakeholders to proactively identify safety concerns.

  • Be a single point of contact for Supply Chain Third-Party Risk Management and support stakeholders through risk assessments, control tasks & remediation

  • Liaise with Legal, Compliance, Internal Audit, Information Security, Safety, Enterprise Risk and Information Technology as required

  • Perform vendor screenings and facilitate vendor screenings with other departments as needed

  • Conduct third-party risk assessments during initial and ongoing evaluation of vendors, identify risks inclusive of inherent and residual risks

  • Facilitate ongoing compliance with Third Party Management requirements outlined in policies and standards

  • Perform pre-contract due diligence activities based on specific third-party risk profile, country, and / or business requirement

  • Manage the distribution of and perform third-party risk review scorecards

  • Work with internal stakeholders and third parties to identify and remediate third-party risks and track and report identified issues and risk remediation efforts

  • Support Internal Auditors and Ethics & Compliance functions during audits and examinations of Third-Party Risk

  • Perform quality control reviews for third-party risk management activities

  • Monitor progress on agreed upon third-party remediation activities and escalate issues as necessary

  • Liaise with Supply Chain and Business Partners to provide guidance on policy compliance and overall third-party risk management requirements

  • Engage with Business Partners and Vendors while completing third-party controls

  • Execute common, standardized third-party risk management processes

  • Maintain healthy, positive, and valuable stakeholder relationships within the supply chain organization and with its customers and suppliers

  • Responsible for understanding, interpreting, and administering Supply Chain policies and procedures.

  • At all times, operate with highest ethical standards and in full compliance with internal controls, policies, procedures, regulations and laws

Minimum Requirements

Minimum education required of the position

Bachelor's degree in Business, Accounting, Finance, Engineering, or related discipline or equivalent experience. MS or MBA preferred. Professional supply chain/procurement certification.

Minimum experience required of the position

Sr Analyst: Minimum 6 years preferred compliance, process or training experience (10 years’ experience without a degree). Preferred: 3-4 years of related Supply Chain experience supporting Utility and Operations business functions. Six Sigma, CPA or other Supply Chain related experience preferred

Desired knowledge, skills and abilities required of the position

  • Strong business acumen with an understanding of supply chain policies, procedures, and processes.

  • Decisive leadership ability with the skill to influence others to action, and able to successfully implement strategies and process improvements.

  • Able to build wide and effective networks of contacts inside and outside of the supply chain organization.

  • Strategic and creative thinking that produces a range of solutions to problems, anticipates changes in the business environment, makes data driven decisions, and is focused on continuous improvement

  • Able to communicate complex scenarios and data with peers and staff, clearly articulate the organization’s strategy, and translate organizational strategy into departmental strategies and plans.

  • Strong customer service, collaboration, and relationship management knowledge, skills, and abilities with an orientation to delivering results.

  • Able to utilize information, and information technology / systems to make fact-based decisions.

  • Proficient in using analytical tools to create project plans, supplier analysis, scorecards, etc. These analytical tools include MS Excel, MS Project, and other planning and analysis tools.

  • Proficient in data presentation and visualization. Able to utilize systems and data to effectively troubleshoot, forecast and deliver business intelligence/insights to key stakeholders

  • Highly proficient in the application of change management and continuous improvement methods, and the application to daily activities to drive performance improvement

  • Proficiency in coaching/mentoring to the Enablement organization individual contributors and others across Supply Chain

  • Ability to lead others through ambiguity and support functional leadership of smaller teams

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Primary Location: Louisiana-New Orleans

Job Function :Professional

FLSA Status :Professional

Relocation Option: No Relocation Offered

Union description/code :NON BARGAINING UNIT-NBU

Number of Openings :1

Req ID: 109340

Travel Percentage :Up to 25%

An Equal Opportunity Employer, Minority/Female/Disability/Vets. Please clickhere (https://jobs.entergy.com/content/EEO/?locale=en_US) to view the full statement.

WORKING CONDITIONS:

As a provider of essential services, Entergy expects its employees to be available to work additional hours, to work in alternate locations, and/or to perform additional duties in connection with storms, outages, emergencies, or other situations as deemed necessary by the company. Exempt employees may not be paid overtime associated with such duties.

Job Segment: Supply Chain, Compliance, Information Security, Risk Management, Six Sigma, Operations, Legal, Technology, Finance, Management

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