Vendor Management Analyst

What You'll Do:

Essential Functions:

• Develop and maintain policies, procedures, and risk assessments for vendor management
• Maintain & Monitor third-party vendor database, contract renewals and risk ratings
• Conduct ongoing, timely vendor due diligence reviews to include contract details and terms, financials, security standards and business continuity, dependent on vendor risk rating
• Review and update risk assessments on a scheduled basis as vendor relationships mature and change.
• Coordinate onboarding of new vendors to include due diligence document gathering, legal review, financial reviews, security and business continuity review
• Regularly communicate with all lines of business on matters pertaining to vendor management
• Provide training as needed
• Develop documentation for complex subjects
• Ensure appropriate levels of security and confidentiality are maintained with contract details
• Provide applicable regulatory guidance through research of Federal and State resources
• Provide compliance assistance to projects team for new products and services
• Stay informed of changing regulations and industry trends
• Assist with Internal Audit reviews as needed through assessment of processes, documents and forms
• Serve as backup to business continuity communications software with up to date information surrounding operations, staff and testing
• Maintain familiarity with and follow all policies, procedures and processes which have been established in order to meet compliance requirements of all applicable federal regulations. The regulations include but are not limited to the Privacy Act, Office of Foreign Assets Control (OFAC), Bank Secrecy Act (BSA), Reg. CC and Patriot Act

Who you are:

• Required: Bachelor's Degree in Business or comparable work experience
• Required: 5+ years working knowledge of critical business processes, products, and services within a financial institution
• Preferred: Vendor Management Certification, CRVPM or similar
• Preferred: 3 - 5 years of program/project management skills
• Excellent verbal/written communication, administrative, and computing skills (Microsoft Office)
• Ability to work independently, without constant supervision
• Capable of developing strong cooperative inter-departmental partnerships for joint actions
• Ability to help assess vendor security controls, financials, contracts and business continuity plans
• Strong communication skills with the ability to facilitate meetings.