Third Party Risk Management Intern

States considered: All

Role Description:

Position Overview:

We are seeking a highly motivated intern to join our Third Party Risk Management (TPRM) team for a special project focused on developing a tracking system for vendors requiring re-vetting. Zoetis Third Party Risk Management team strives to re-vet (re-review) it's vendors on a periodic basis based on inherent risk.

The successful candidate will work closely with the TPRM team to define, design, and implement a system to track and manage the status of vendors journey through the re-vetting process. Additionally, the intern will help validate vendor data to ensure accuracy, consistency, and completeness. This role provides a unique opportunity to gain hands-on experience in third-party risk management, vendor compliance, and data management.

Key Responsibilities:

• Develop a Vendor Tracking System:
  Work with the TPRM team to define the requirements and develop a system for tracking vendors that need to undergo re-vetting.
• Data Validation:
  Assist in reviewing and validating all relevant vendor data, ensuring that records are accurate, complete, and up-to-date before initiating the re-vetting process.
• Vendor Re-Vetting Support:
  Collaborate with the TPRM team in the execution of the vendor re-vetting process, which includes gathering necessary documents, assessing compliance, and monitoring progress.
• Process Documentation:
  Document the vendor re-vetting tracking process, ensuring that workflows and system requirements are clearly defined and accessible to the team.
• Clean up Entities in Limbo:
  Assist in cleaning up entities that are stuck in limbo or incomplete within the TPRM system. Document metrics before and after cleanup to demonstrate the impact on system accuracy and completeness.
• Reporting & Metrics:
  Support the generation of regular reports on the status of vendors undergoing re-vetting, ensuring that senior management has visibility on progress and any outstanding issues.
• Compliance & Regulatory Standards:
  Ensure that all re-vetting activities are in alignment with company policies, regulatory standards, and best practices for third-party risk management.

Qualifications:

• Currently pursuing a Bachelor's or Master's degree in Business, Information Systems, Risk Management, or a related field.
• Interest in third-party risk management, compliance, and data analytics.
• Excellent attention to detail and organizational skills.
• Ability to work independently and collaboratively with cross-functional teams.
• Strong analytical and problem-solving skills.
• Proficiency in Microsoft Excel and other data management tools.
• Familiarity with risk management software or systems (preferred but not required).

Learning Opportunities:

• Gain exposure to third-party risk management processes and vendor compliance activities.
• Develop project management skills through hands-on involvement in system development.
• Learn how to ensure regulatory compliance and risk mitigation in a corporate environment.
• Experience in data validation and the importance of accurate record-keeping in risk management.

The following hourly pay rates reflect the anticipated base pay for this position:

If the selected candidate is a student pursuing an Associate-level degree: $16.00 per hour

If the selected candidate is a student pursuing an Undergraduate-level degree: $20.00 per hour

If the selected candidate is a student pursing a Graduate-level degree: $32.50 per hour

If the selected candidate is a student pursuing a Doctorate-level degree: $36.00 per hour

The following hourly pay rates reflect the anticipated base pay for this position if a selected candidate were to be located in California, Connecticut, District of Columbia, Illinois (Chicago area), Massachusetts, New Jersey, New York, Washington (Seattle area):

Student pursuing an Associate-level degree: $17.00 per hour

Student pursuing an Undergraduate-level degree: $22.00 per hour

Student pursing a Graduate-level degree: $36.40 per hour

Student pursuing a Doctorate-level degree: $40.30 per hour

Any unsolicited resumes sent to Zoetis from a third party, such as an Agency recruiter, including unsolicited resumes sent to a Zoetis mailing address, fax machine or email address, directly to Zoetis employees, or to Zoetis resume database will be considered Zoetis property. Zoetis will NOT pay a fee for any placement resulting from the receipt of an unsolicited resume.

Zoetis will consider any candidate for whom an Agency has submitted an unsolicited resume to have been referred by the Agency free of any charges or fees. This includes any Agency that is an approved/engaged vendor but does not have the appropriate approvals to be engaged on a search.