Analyst - Supplier Risk and Compliance

As the Supplier Risk and Compliance Analyst you are responsible for screening third party suppliers to ensure they meet risk and compliance requirements such as credit ratings, anti-bribery policies and Wesco’s internal Compliance Questionnaire and Anti-Corruption Policy. You will maintain a list of possible variances to risk and compliance requirements for further review. While also maintaining Wesco’s supplier database by reaching out to suppliers to ensure any updates such as ownership changes, updates in inconsistent data or other information which does not appear sufficient for a full review are reflected in the data. You will work with business owners and the Data Governance team to help troubleshoot data issues such as incomplete data, information which does not align between legacy companies and information flagged by regular updates in data received from different agencies and escalate any issues to key internal stake holders.

Responsibilities

• Monitor the Company’s new and existing business suppliers using third-party data and tools such as D&B reports, survey results from suppliers and Dow Jones background checks. Identify high risk business partners, make initial recommendation for further review and communicate risk information to internal departments including Legal, Category Management or Ethics and Compliance in support of Wesco’s Global Anti-Bribery policy. 
• Ensure the supplier database maintains the highest level of integrity while analyzing and validating alerts based on changes in risk profile. Ensure the record retention policy is adhered to. 
• Submit changes in data to the Data Governance team to make updates in the database.
• Identify master data exceptions such as information received in alerts, missing information or inconsistent information received from various sources and further analyze and resolve exceptions with assistance of management.
• Conduct data quality audits and review regular alerts from data sources, and compile issues and impacts for review and action with business.  Resolve irregularities by working with Legal, Category Management and directly with the supplier.
• Prepare reports for senior leadership and portfolio business partners which identify changes to risk profile of a supplier.
• Performs basic statistical and relational analysis of large data sets to identify and correct inconsistencies.

Qualifications

• Bachelors Degree - Business, Accounting or related discipline.  Direct experience can substitute for a degree.
• 2-4 years minimum experience in compliance, data analysis or with processes requiring direct interaction with the business such as Accounts Payable, Accounts Receivable or Credit.
• 2+ years experience with master data management and database tools as well as Microsoft Office.
• 1+ years of experience/ knowledge in Oracle, Informatica, Refinitiv, Dow Jones, D&B Financial Risk Analysis preferred. 
• Strong written, oral communication, and interpersonal skills.
• Able to work independently as well as in a team environment.
• Strong attention to detail with a passion for accuracy.
• Reliable with strong organizational skills and solution-oriented philosophy.
• Willingness to accommodate temporary working hour changes as required by workflow and deadlines.
• Fluency in languages other than English preferred.
• Ability to work effectively with all levels of management to accomplish goals and objectives preferred.
• Knowledge of project planning and LEAN process improvement preferred.

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This amount is what we reasonably believe we will pay for the position; however, offer amounts may vary based on factors such as geographic location, relevant education, experience, qualifications, skills, shift, or any collective bargaining agreements.
For eligible positions, compensation may include participation in a bonus or sales incentive plan, subject to the terms and conditions of the applicable plan documents. For certain sales roles, Wesco also offers a commission structure that provides additional compensation based on sales results, as defined by the applicable commission plan.  Depending on the role, equity and other forms of compensation may also be provided as part of the total compensation package.
In addition, Wesco offers a benefits program for eligible employees, which may include paid time off, medical, dental, and vision coverage, and retirement savings plans. Additional details about benefits are available here.