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Vendor Management Analyst

1 month ago


Union, United States Federal Home Loan Bank Cincinnati Full time

Vendor Management Analyst

General Summary:

The duties performed by the Vendor Management Analyst willassist the Bank in managing, monitoring, assessing, and reporting in the areasof Procurement, Vendor Risk, and Diversity, Equity, & Inclusion. Theanalyst will work individually with Procurement and Vendor Risk Managementstaff and extensively with other Departments.

Principal Duties andResponsibilities:

  • Work with vendor relationship owners, Procurement Manager and Vendor Risk Management Program Manager to ensure compliance with the Bank's Policies and Procedures in relation to vendor risk management, DE&I vendor administration, competitive bidding, vendor/contract management, and purchasing.
  • Administer the issuance of purchase orders for the Bank to facilitate the acquisition of materials and services while verifying contract specifications.
  • Perform ongoing vendor monitoring and oversight associated with the annual vendor review processes.
  • Maintain complete and accurate data in the Vendor Management and Purchase Order systems.
  • Work with the Procurement Manager and Vendor Risk Management Program Manager to collect data and generate reports as required to meet business and regulatory requirements. Prepare quarterly and annual vendor management reports, metrics, and supporting data summarizing the Vendor Management program KPI's and KRI's for committee presentations and FHFA submittal.
  • Perform DE&I vendor searches and maintain documentation for reporting. Confirm the diversity status of new vendors and maintain the certification records of diverse vendors.
  • Assist with updating the vendor management policies, procedures, reporting, and other related governing documents.
  • Assist with other vendor management-related work that supports all areas of the vendor management program: Procurement, Vendor Risk, and DE&I.
  • Cross-train departmental staff when necessary. Perform other duties as assigned or requested by management.
Minimum Knowledge,Skills and Abilities Required:
  • Knowledge at a level normally acquired through completion of a Bachelor's Degree in a business related field preferred.
  • 3 years of applicable work experience, including experience in the areas of Procurement and/or Vendor Management preferred.
  • Excellent written and verbal communication skills.
  • Strong computer skills using Microsoft Office products, especially Excel.
  • Knowledge of or experience with Vendor Management systems and/or Procurement systems.
  • Ability to multitask, prioritize assignments, and work independently.
  • High attention to detail: risk minded.
  • High performer who can effectively collaborate with different levels of staff within the organization.
  • Demonstrates a commitment to diversity, equity, and inclusion. Promotes an environment of empathy and respect, ensures the inclusion of all team members, and will actively engage in DE&I events and learning opportunities.

Working Conditions:

Normal officeenvironment with flexibility to meet tight deadlines as required.

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