Senior Consultant - Third Party Risk Management

Job Type: Permanent
Reference code: 127526
Primary Location: Toronto, Ontario, Canada
All Available Locations: Toronto, ON

Our Purpose

At Deloitte, we are driven to inspire and help our people, organization, communities, and country to thrive. Our Purpose is to build a better future by accelerating and expanding access to knowledge. Purpose defines who we are and gives us reason to exist as an organization.

By living our Purpose, we will make an impact that matters.

• Be encouraged to deepen your technical skills…whatever those may be.
• Partner with clients to solve their most complex problems
• Experience MyFlex and an agile work environment where work is what you do not where you do it

About our practice

Organizations have increased their dependence on third parties to new levels. Third party networks now go well beyond suppliers of goods and services to include affiliates and joint venture partners, R&D organizations, technology incubators, distributors and sales agents.

This increased reliance on third parties against a backdrop of market and geopolitical instability has resulted in stakeholders across government, consumers, investors and employees demanding change in how organizations conduct due diligence and monitoring over these third party relationships.

Leading organizations are now recognizing the role that a risk-intelligent Third Party Risk Management (TPRM) program can play in adapting to these changing expectations while building and protecting reputation, powering growth, innovation and business performance, and effectively managing risk.

About the team

Join our dynamic team of highly motivated, innovative people working with clients across various sectors to solve some of the most challenging problems organizations face today. On this team, you will:

• Support the design and implementation of processes, methodologies, and operating models tailored to meet business objectives, as well as ever-evolving regulatory requirements in Third-Party Risk Management (TPRM).
• Join a dynamic team of industry-leading professionals in TPRM who are dedicated to addressing complex challenges at the intersection of technology, regulatory compliance, and operational efficiency.
• Collaborate with subject matter experts renowned for their insights and expertise, contributing to innovative solutions that shape the future of TPRM practices in a rapidly evolving marketplace.
• Engage in pioneering initiatives that define industry standards and regulatory best practices, ensuring clients are equipped to navigate and excel in the ever-changing landscape of third- party risk.
• Drive thought leadership and eminence activities within the TPRM space, leveraging market intelligence and client interactions to influence industry perspectives and advance the firm’s reputation as a leader in risk management advisory services.
• Partner closely with executives and key stakeholders to develop and implement strategic frameworks, methodologies, and operational models that enhance organizational resilience and compliance readiness in TPRM.
• Work closely with our Cyber colleagues and understand leading perspectives in emerging cyber risk areas, including Artificial Intelligence and Cloud technologies.
• Participate in the development of innovative thinking on operational and technology resilience, supply chain visibility and Environmental, Social Governance (ESG) risk management.

What your typical day will look like?

As a Senior Consultant in our TPRM practice, you will support and advise on a range of projects, from conducting TPRM program maturity assessments to designing and implementing custom technology automation solutions.
The role demands curiosity, proactivity and quick learning, with the expectation that you dive into the material, understand it completely, and extract insights and data to inform the approach and client recommendations.

As a Senior Consultant, you will be responsible for:
• Understanding our clients’ unique and complex needs and providing them with valuable and actionable information and recommendations.
• Working collaboratively and effectively in a team environment and supporting management to oversee and guide Consultants on the team.
• Employing exceptional time management and organization skills to ensure client satisfaction and drive revenue.
• Contributing to practice growth, business development and go-to-market activities.

Enough about us, lets talk about you

We are looking for deeply curious, proactive, and purpose-driven individuals who want to learn and are open to trying new things. Skills include Strong problem solving organizational and analytical skills. Excellent report writing, presentation, and communication skills.

• Demonstrated ability to articulate complex concepts in a structured and concise manner.
• Strong capability to manage and prioritize multiple priorities and tasks effectively.
• Experience in a consulting/professional services firm or a major Canadian/US bank.
• System implementation experience or certification (ServiceNow, Coupa, Ariba, Archer, Aravo, Ivalua, ProcessUnity, MetricStream, OneTrust, or Prevalent).
• Proficiency and understanding of TPRM or closely related fields such as vendor management, risk management, procurement or system implementation with a strong TPRM component. Demonstrated proficiency in regulatory requirements relevant to TPRM, especially in jurisdictions where the organization operates (e.g., familiarity with regulations from regulatory bodies like OCC, OSFI, GDPR).
• Experience in specific risk domains, including operational or non-financial risk management experience, Cyber, Business Continuity, operational or technology resilience, Privacy, ESG, etc.
• Experience with project management and delivery.

Total Rewards

The salary range for this position is $83,000 - $125,000, and individuals may be eligible to participate in our bonus program. Deloitte is fair and competitive when it comes to the salaries of our people. We regularly benchmark across a variety of positions, industries, sectors, targets, and levels. Our approach is grounded on recognizing people's unique strengths and contributions and rewarding the value that they deliver.

Our Total Rewards Package extends well beyond traditional compensation and benefit programs and is designed to recognize employee contributions, encourage personal wellness, and support firm growth. Along with a competitive base salary and variable pay opportunities, we offer a wide array of initiatives that differentiate us as a people-first organization. Some representative examples include: $4,000 per year for mental health support benefits, a $1,300 flexible benefit spending account, 38+ days off (including 10 firm-wide closures known as "Deloitte Days"), flexible work arrangements and a hybrid work structure.

Our promise to our people: Deloitte is where potential comes to life.

Be yourself, and more.

We are a group of talented people who want to learn, gain experience, and develop skills. Wherever you are in your career, we want you to advance.

You shape how we make impact.

Diverse perspectives and life experiences make us better. Whoever you are and wherever you’re from, we want you to feel like you belong here. We provide flexible working options to support you and how you can contribute. Be the leader you want to be.

Be the leader you want to be

Some guide teams, some change culture, some build essential expertise. We offer opportunities and experiences that support your continuing growth as a leader.

Have as many careers as you want.

We are uniquely able to offer you new challenges and roles – and prepare you for them. We bring together people with unique experiences and talents, and we are the place to develop a lasting network of friends, peers, and mentors. Our TVP is about relationships – between leaders and their people, the firm and its people, peers, and within in our communities.

The next step is yours

At Deloitte, we are all about doing business inclusively – that starts with having diverse colleagues of all abilities. Deloitte encourages applications from all qualified candidates who represent the full diversity of communities across Canada. This includes, but is not limited to, people with disabilities, candidates from Indigenous communities, and candidates from the Black community in support of living our values, creating a culture of Diversity Equity and Inclusion and our commitment to our AccessAbility Action Plan, Reconciliation Action Plan and the BlackNorth Initiative.

We encourage you to connect with us at [email protected] if you require an accommodation for the recruitment process (including alternate formats of materials, accessible meeting rooms or other accommodations). We’d love to hear from you!

By applying to this job you will be assessed against the Deloitte Global Talent Standards. We’ve designed these standards to provide our clients with a consistent and exceptional Deloitte experience globally.
Deloitte Canada has 30 offices with representation across most of the country. We acknowledge our offices reside on traditional, treaty and unceded territories as part of Turtle Island and is still home to many First Nations, Métis, and Inuit peoples. We are all Treaty people.