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Supplier Relationship Manager

1 month ago

White Plains, New York, United States SMBC Full time
Job Title: Supplier Management Associate

SMBC Group is a leading global financial institution with a rich history and diverse range of financial services. As a Supplier Management Associate, you will play a critical role in developing and managing key relationships with internal and external stakeholders to ensure effective supplier management.

The ideal candidate will work closely with department heads and designated relationship owners to qualify, build, and monitor supplier relationships. This role is responsible for managing key strategic third-party vendor and business partner relationships of the bank through the Third Party Risk Management (TPRM) life cycle, ensuring compliance with the TPRM policy.

Key Responsibilities:

  • Manage a portfolio of critical and high-risk third parties distributed across the team
  • Develop a working knowledge of the third party and all contracts with the Third Party
  • Understand all applicable risks and be able to describe key elements of the overall relationship, including parent and child levels, supplier level, and engagement level
  • Keep Third Party Executive Sponsors informed
  • Provide TPRM requirements oversight by ensuring completion of all deliverables by contract owners
  • Track completion of contingency plans, performance scorecards, business relationship reviews, QBRs, periodic due diligence, reassessments, business acknowledgement of due diligence results, issues management, and termination checklists
  • Perform escalation when contract owners fail to adequately support the Supplier Manager Executive Sponsor
  • Implement a comprehensive monitoring and assessment plan for reporting of the effectiveness of the Third Party in executing against contracted business expectations and for ongoing identification, monitoring, and assessment of the third party's risk and controls

Requirements:

  • Bachelor's degree or equivalent experience
  • 4-6 years of supplier management experience, building reports, data management
  • Comfortable interacting with a diverse group of stakeholders with varying technical skills
  • Previous ownership of complex relationships and the ability to hold internal and external stakeholders accountable for performance
  • Previous role in risk or security solutions, process, and programs
  • Passion for process improvement
  • Strong negotiation, management, and decision-making skills
  • Excellent analytical, problem-solving, and organizational skills
  • Effective written and verbal communication skills

Preferred Experience:

  • Coupa
  • Project Management experience
  • Reg W
  • 6 Sigma certification
  • Data Science, Machine Learning, or AI

SMBC is an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status, or any other characteristic protected by law.

SMBC provides reasonable accommodations for employees and applicants with disabilities consistent with applicable law. If you need a reasonable accommodation during the application process, please let us know at .