Policy Specialist, Global Sourcing And Procurement GSP , Third-Party Risk Management

– Policy Specialist, Global Sourcing and Procurement (GSP), Third-Party Risk Management

• Job Title: Policy Specialist, GSP, Third-Party Risk Management
• Department: Enterprise and Vendor Risk Management (India)
  

Job Summary
PFI Innovation Center India is an exciting new innovation center. Were building a future that helps people live better lives longer— and were looking for bold thinkers and team players to help us do it.
Here, youll tackle complex challenges, collaborate with brilliant minds across the globe, and grow your career while helping millions achieve financial security.
a Purpose Driven Company – 150 Years
While the PFI brand is new to India, youll be a part of the Prudential Financial, Inc. family. Founded in 1875 in Newark, New Jersey, we serve 50 million customers across more than 50 countries. With $1.334 trillion in assets, were a global leader in institutional asset management. The 2nd largest life insurer in the US and the 9th largest institutional global asset manager.
At PFI Innovation Center India, youll find a high-performance culture thats flexible, collaborative and grounded in respect. We engage with candor, take calibrated risks, and hold ourselves accountable — always focused on delivering for our customers. Its the standard we choose every day as we grow, perform, and win as one team.
We offer valuable leadership, mentoring and learning opportunities, paired with the flexibility and support to help you thrive.
Whether youre just starting out or ready to take your next step, well help you grow with purpose and do the best work of your career.
The Policy Specialist, GSP, Third-Party Risk Management will support the Director, GSP, Third-Party Risk Management in two primary functional areas: (1) Policy Documentation & Governance and (2) Monitoring & Analytics. This role helps ensure consistency, transparency, and compliance with Global Sourcing & Procurement (GSP) policies, standards, and standard operating procedures across the companys global operations.
The Specialist will contribute to documenting policies, maintaining governance frameworks, performing monitoring activities, analyzing results, and preparing reporting used by leadership and risk committees. This role is foundational to the companys global operating model for sourcing, onboarding, assessing, contracting, managing, and terminating vendor relationships.
Key Responsibilities
Policy Documentation & Governance Responsibilities

• Draft, edit, and format GSP policies, standards, and SOPs.
• Maintain version control, audit trails, and publication workflows.
• Ensure documentation reflects regulatory, business, and audit-driven updates.
• Manage documentation repositories and templates.
• Support interpretation of policies and provide clarification guidance.
  
• Prepare materials supporting communication, training, and policy rollout.
• Collaborate with Procurement, TPRM, Legal, Compliance, and Operational Risk teams.
  

Monitoring & Analytics Responsibilities

• Execute routine monitoring and compliance testing across GSP processes.
• Follow documented test scripts and methodologies to assess adherence.
• Record and validate monitoring results with accuracy and completeness.
• Compile data into dashboards, trackers, or scorecards.
• Identify trends, systemic issues, and potential control weaknesses.
• Support development of executive-ready reporting for leadership and risk committees.
• Participate in remediation tracking and issue follow-up with stakeholders.
  

Qualifications

• Bachelors degree required.
• 2–5 years of experience in Procurement, Third-Party Risk Management, Risk & Controls, Operational Risk, Compliance, Audit, or related fields.
• Strong written communication skills with ability to produce clean, clear documentation.
• Strong analytical skills with ability to interpret data and identify trends.

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  Ability to collaborate across global, matrixed environments.
• Strong organization and prioritization skills with attention to detail.
• Proficiency in Excel or reporting tools preferred.
• Experience with documentation or workflow tools (e.g., SharePoint, Confluence) preferred.
• Fluent in AI-enabled environments, using approved tools responsibly to improve throughput, accuracy, and insight while adhering to the companys risk and governance standards. At a minimum, all GSP employees should be able to leverage AI tools to draft, extract, validate, and optimize content that is applicable to their respective function and utilize AI tools to consistently create new content, innovation, and idea generation.
  

Skills and Competencies

• Ensure documentation accuracy and precision
• Apply rigorous analytical methods to assess risk
• Demonstrate strong risk and control orientation
• Deliver high-quality reporting and insights
• Foster effective collaboration and partnerships
• Communicate with clarity and influence
• Exhibit accountability and ownership
• Demonstrate curiosity and problem-solving agility
• Champion a continuous improvement mindset
  

Work Environment

• Hybrid in Gurgaon, Indian