Lead Third Party Risk & Operations

Lead Third Party Risk & Operations

The Third Party Risk and Operations Lead is responsible for designing, building, rolling out and leading an enterprise third party risk management (TPRM) and procurement orchestration program that connects workflows, data, controls and decision-making across the company. This role is the leader of the enterprise TPRM function and knowledge of industry best practices and regulatory requirements related to TPRM is essential. This leader will partner with stakeholders across procurement, technology, legal, information security, risk and compliance, accounting, HR, finance and business teams to create a more integrated operating model, improve efficiency, monitor and mitigate supplier risk, and enable shared reporting capabilities that support enterprise-wide visibility and smarter decisions. This is a highly cross-functional position requiring executive presence, strong communication skills and the ability to align diverse teams around scalable supplier-related processes, governance and business outcomes.

• Lead and build a center-supported enterprise-wide TPRM program including policies, functions and processes, stakeholders, workflows and program oversight.
• Lead the TPRM program in supporting regulatory expectations and requirements and responding to customer due diligence, audits, and control reviews.
• Build program governance and evidence that can withstand scrutiny from regulated customers and oversight functions.
• Define, implement and enforce organization roles and responsibilities for ongoing TPRM program.
• Monitor, manage and continuously improve center-led TPRM operations.
• Participate in and respond to audits and reviews of TPRM practices.
• Maintain a thorough knowledge and understanding of industry best practices and regulatory requirements affecting the TPRM program.
• Lead procurement orchestration strategy and embed AI-enabled capabilities across a connected supplier operating model.
• Design and optimize procurement orchestration to include intake and demand management; sourcing and contracting workflow coordination; security, privacy, legal, compliance, and finance reviews; supplier onboarding; purchase request and purchase order enablement; workflow visibility, SLA management, and bottleneck reduction.
• Provide training, guidance and support to stakeholders, workflow owners and business partners involved in TPRM and procurement orchestration.
• Manage large scale projects and programs.

What You’ll Need to Bring

• Bachelor's degree in business or related field.
• 10+ years of progressive experience in TPRM, supplier risk, procurement, strategic sourcing, operational governance, or related fields, and with meaningful experience in financial services, fintech or other similarly regulated environments.
• Proficient in Microsoft Office programs (especially Excel, Word, Power Point) and with applying AI solutions to TPRM and Procurement Orchestration challenges.
• Excellent relationship building skills and leads with empathy.
• Detailed, investigative and accuracy-oriented.
• Proactive, results-oriented with a bias for action.
• Executive presence and excellent communication skills - written and verbal.
• Ability to handle multiple projects simultaneously to meet specified goals and deadlines.
• Ability to drive large scale operational change across a large, diverse organization.

Nice-to-Haves

• Master’s degree in business or related field.
• Experience participating in and responding to regulatory reviews of TPRM practices.
• Experience creating and refining policies, procedures and governance frameworks.
• Experience implementing and deploying TPRM and Procurement Orchestration tools.
• Contract terms, conditions and negotiation experience.

Why You’ll Enjoy Working at Envestnet

Help shape the future of WealthTech. At Envestnet you’ll gain hands-on experience and collaborate with some of the industry’s brightest minds to deliver meaningful, innovative solutions that make a real difference.

We value flexibility in how and where work gets done, and we recognize strong performance with meaningful rewards—because your contributions should drive both business success and your own personal growth. If you’re looking for a place where your work has impact, your development is supported, and your contributions are truly valued, Envestnet is where you can build your future.

The opportunity is now!

Sponsorship

This position is not open to candidates requiring visa sponsorship

Our Investment in You

This role offers a base salary range of $114,500 - $143,100. The range listed represents a good-faith estimate of base salary compensation for this position and does not include incentive compensation, equity or benefits. Individual pay will be determined based on factors including, but not limited to, relevant experience, skills, education, certifications, and geographic location, in accordance with applicable pay transparency laws. This role is eligible for an additional incentive component as part of the total rewards package.

We provide a comprehensive suite of benefits - subject to Envestnet’s plan eligibility rules - that support your overall well-being including, medical insurance, paid time off (PTO), 401k company match, paid parental leave, education reimbursement, disability coverage and mental health & wellness support. Our investment in you means supporting you professionally, financially, and personally at every stage of your journey with us. Please visit our benefits page on our career site to learn more.

Our Commitment to Inclusion & Belonging

Envestnet is an Equal Opportunity Employer and is committed to creating an inclusive environment for all employees and applicants. We welcome and value individuals of all backgrounds and do not discriminate based on race, color, religion, creed, sex (including pregnancy or related medical conditions), gender identity or expression, sexual orientation, national origin, ancestry, age, disability, genetic information, military or veteran status, citizenship status, or any other status protected by applicable law. We encourage individuals from all backgrounds to apply.

We strive to provide an inclusive application and interview process. If you are a candidate with a disability and require reasonable accommodation, please contact us at [email protected]. Please include your full name, the title of the role you are applying for, and the accommodation necessary to assist you with the recruiting process.

Recruitment Fraud

At Envestnet, safeguarding the trust and safety of job seekers is a top priority. We are aware that scammers may impersonate Envestnet recruiters or cre