TPRM manager
Head of third-party risk, vendor risk manager, vendor management office lead
Owns the third-party risk program and decides how monitoring results affect each relationship.
Sees
- The whole vendor portfolio, ratings, findings and tiers
- Alerts and Moraph's triage decisions
- Open follow-ups, escalations and risk acceptances
- Service reports and the monitoring record
Does
- Approves vendor tiers and alert thresholds
- Decides on escalated findings
- Accepts risk, or asks for it to be accepted at the right level, when a finding is not resolved
- Approves vendors added to or removed from monitoring
- Reports to risk committees
- Attends the monthly service review
Cannot
- Edit or delete the monitoring record
- Change BitSight's ratings or findings
- Accept risk above the authority your policy gives them