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Risk Vendor Manager
2 months ago
Job Summary:
Russell Tobin & Associates is seeking a highly skilled Vendor Risk Management Specialist to join our team. As a key member of our vendor management team, you will be responsible for driving key business relationships with business partners across our bank.
Key Responsibilities:
- Vendor lifecycle management, including onboarding, oversight, monitoring, and issues remediation, ensuring compliance with regulatory requirements.
- Maintaining working relationships with business partners and third-party vendors to understand business requirements and deliver products and services.
- Participating in sourcing and procurement processes related to new contracts, renewals, and amendments, advising on opportunities to avoid or mitigate risk.
- Engaging business partners and vendors on risk management deliverables to ensure compliance with enterprise, bank, and regulatory requirements.
- Adhering to reporting requirements and collecting data to develop vendor scorecards that track performance.
- Working directly with vendors on areas needing resolution and monitoring remediation.
- Continuous updating of Archer and Vendor Management Tool on vendors' requirements, risk assessments, and questionnaires.
- Leading governance meetings on service level metrics, issue management, and contributing to an ongoing process of evaluating service quality.
- Participating in vendor risk assessment calls and managing all subsequent actions with vendors.
- Conducting governance meetings with line of business and vendors.
- Managing third-party vendor issues and communicating appropriately within the business.
Requirements:
- Bachelor's degree and 3-5 years of third-party risk management work experience.
- Proven track record of understanding third-party risk management.
- Strong knowledge of banking, products, and services.
- Strong communication and influencing skills across senior leadership levels.
- Tenacious self-starter able to work to a demanding schedule and deliver to specific deadlines.
- Strong Excel skills and experience with Word, PowerPoint, and Teams.
Benefits:
- Comprehensive healthcare coverage (medical, dental, and vision plans).
- Supplemental coverage (accident insurance, critical illness insurance, and hospital indemnity).
- 401(k)-retirement savings.
- Life & disability insurance.
- Employee assistance program.
- Legal support.
- Auto, home insurance.
- Pet insurance.
- Employee discounts with preferred vendors.
