Vendor Risk Management Analyst - Apprentice

About Xerox Holdings Corporation

For more than 100 years, Xerox has continually redefined the workplace experience. Harnessing our leadership position in office and production print technology, weve expanded into software and services to sustainably power todays workforce. From the office to industrial environments, our differentiated business solutions and financial services are designed to make every day work better for clients no matter where that work is being done. Today, Xerox scientists and engineers are continuing our legacy of innovation with disruptive technologies in digital transformation, augmented reality, robotic process automation, additive manufacturing, Industrial Internet of Things and cleantech. Learn more at www.xerox.com and explore our commitment to diversity and inclusion.

Position: Title: Vendor Risk Management Analyst

Location: Bangalore

Overview:

We are seeking a dedicated and detail-oriented Vendor Risk Management Analyst to join our team. The ideal candidate will be responsible for managing vendor risk assessments, utilizing tools such as the Moodys Catalyst tool etc., and ensuring compliance with company policies and procedures. The candidate will play a crucial role in evaluating vendors risk profiles and communicating findings to the Global Procurement (GP) team.

Key Responsibilities:

• Utilize the Supplier Change Notice (SCN) tool to manage vendor onboarding processes for both new and reactivated vendors, as well as existing vendors undergoing review.
• Perform risk assessments on vendors using the Moodys Catalyst tool, analyzing results to determine risk levels (Green, Amber, Red).
• Communicate risk assessment findings to the GP team via the SCN tool, highlighting any vendors requiring further assessment or rejection.
• Collaborate with various teams as required to facilitate exceptional risk assessments for vendors flagged as Amber or Red, ensuring timely resolution and communication of outcomes.
• Follow up with GP to ensure closure of action items for all rejected vendors, maintaining accurate records and documentation.
• Generate and maintain reports and dashboards within the workflow system, providing regular updates on vendor risk status to stakeholders.
• Develop a comprehensive understanding of the risk assessment process in the Moodys tool, staying informed of updates and best practices.
• Take ownership of end-to-end vendor risk testing processes, ensuring thorough evaluation and closure of rejected vendors.
• Demonstrate basic knowledge of finance and risk management principles to support informed decision-making.