About this role
Job Description Summary
We are seeking a highly analytical and proactive Risk Expert to join our Third Party Management team. In this role, you will be responsible for conducting comprehensive risk assessments of third-party suppliers, with a focus on Human/ labor rights compliance and overall risk exposure. You will play a critical role in shaping risk-based decisions, identifying control gaps, recommending risk mitigation strategies, and ensuring that our supplier engagements align with internal standards and regulatory expectations.Job Description
Position Purpose:
We are seeking a highly analytical and proactive Risk Expert to join our Third Party Management team. In this role, you will be responsible for conducting comprehensive risk assessments of third-party suppliers, with a focus on Human/ labor rights compliance and overall risk exposure. You will play a critical role in shaping risk-based decisions, identifying control gaps, recommending risk mitigation strategies, and ensuring that our supplier engagements align with internal standards and regulatory expectations.
Your Key Responsibilities:
Your responsibilities include, but not limited to:
- Conduct due diligence and assessments related to labor rights practices of third-party suppliers, ensuring alignment with company values and international standards (e.g., ILO, UNGP, etc.).
- Review and interpret third-party risk intelligence reports (from internal and external sources) to identify potential environmental, social, governance (ESG), compliance, and operational risks.
- Provide well-substantiated recommendations on whether to engage, continue, or disengage with suppliers based on risk analysis and business impact.
- Identify gaps in third-party controls or governance structures and recommend targeted remediation measures to address them.
- Collaborate with suppliers and internal stakeholders to develop and track remediation plans, ensuring timely closure of identified risks.
- Work closely with business owners and internal teams to gather insights on supplier engagements, understand criticality of services, and assess the operational or reputational impact of potential disengagement.
- Stay abreast of evolving regulatory requirements, labor laws, and industry standards relevant to third-party risk and advise on implications for existing or future supplier relationships.
- Support the design and execution of ongoing monitoring and periodic reassessment programs, especially in response to risk events, regulatory updates, or business changes.
- Key Performance Indicators: Zero critical findings related to human rights risks in internal audits or QA reviews. Adherence to internal policies, SOPs, and regulatory frameworks (UNGPs, ILO, OECD Guidelines). Clear and evidence‑based conclusions documented for each third party. Action plans for identified human rights risks are realistic, comprehensive, and aligned with the expected company standard and are closed on time. Development of guidance materials, checklists, or best‑practice documents.
What you’ll bring to the role:
Essential Requirements:
- Bachelor’s or Master’s degree in Risk Management, Law, Compliance, Business Administration, or a related field. 8+ years of experience in third-party risk management, supplier compliance, ESG, or a related risk/compliance role.
- Proven experience conducting due diligence, risk assessments, or audits in the areas of labor rights and supplier practices. Strong understanding of global labor standards, regulatory frameworks, and third-party governance best practices.
- Excellent analytical, problem-solving, and report-writing skills. Ability to communicate complex risk issues clearly to diverse stakeholders, including senior leadership. Experience working cross-functionally with legal, procurement, compliance, and operational teams.
- Familiarity with risk intelligence platforms and third-party due diligence tools is a plus. Ethical judgment and integrity. Stakeholder influence and negotiation.
- Strategic thinking and risk-based decision making. High attention to detail and organizational skills. Ability to manage competing priorities under tight deadlines.
Why Sandoz?
Sandoz is the global leader in Biosimilar and Generic medicines, a segment of the healthcare industry that delivers 80% of the world’s medicines at 30% of the cost, touching the lives of more than 1 billion people across 100+ countries! While we are proud of our achievements, we have an ambition to do more so that everyone can achieve the basic human right of good health.
With investments in new development capabilities, production sites, new acquisitions, and partnerships, we have the opportunity to shape the future of Sandoz and help even more people gain access to low-cost, high-quality medicines, sustainably.
Our momentum is powered by an open, collaborative culture driven by our talented and ambitious colleagues, who, in return for applying their skills, experience an agile and collegiate environment with impactful careers, where diversity of thought is welcomed and where personal growth is supported!
Join us, help us make healthcare fairer and faster.
Commitment to Diversity & Inclusion:
We are committed to building an outstanding, inclusive work environment and diverse teams representative of the patients and communities we serve.
Skills Desired
Auditing, Business Continuity Management, Business Networking, Compliance Management, Compliance Risk, Computer Cluster, Electronic Components, Internal Audit, Law (Legal System), Market Risk, Operational Risk, Operational Risk Management, Risk Assessment, Risk Management, Senior Management, Software FrameworksAbout Sandoz
Global leader in generic and biosimilar medicines, operating as an independent company spun off from Novartis. Based in Basel.
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