Vendor Management Representative - Hybrid

In this role, you will facilitate and manage relationships between organization and vendor/partner, complete regular due diligence, and manage vendor/partner relationships through ongoing performance and risk monitoring. Supports the day-to-day delivery of other vendor/partner risk functions including process monitoring, reporting, and end-user support. Responsible for creating and analyzing reports provided to both internal business line leaders and vendor/partner.
Responsibilities

• Responsible for negotiating contracts with new prospective vendor/partner and coordinating re-reviews of contracts for existing relationships
• Creating new and/or updating existing standards, policies and procedures for vendor/partner relationships
• Responsible for working with internal business line leaders and vendor/partner in managing and setting regular meetings including monthly, QBR, onsite visits
• Responsible for working with various departments in understanding, reviewing and reconciling invoices for vendor/partner for accuracy and timely
• Conduct periodic performance and risk reviews of existing vendor/partner
• Collaborate with business and various risk subject matter experts to address and/or mitigate identified risks
• Facilitate remediation for any vendor/partner related operational issues
• Ensure vendor/partner relationships adhere to company policies and are compliant with regulatory guidelines and industry best practices
• Work with various business lines to ensure new vendor/partner due diligence and supporting documents are properly captured in the appropriate systems such as Supplier Information Management (SIM) system and the Governance, Risk and Compliance (GRC) system
• Manage recurring reports to be shared with the organization which will include risk ratings, policy exceptions, performance and other risk management key performance indicators (KPIs)
• Ensure business needs, questions, and concerns are addressed with accuracy and thoroughness, and within specified time frames; review complex requests and work to resolution in an equitable manner; ensure actions are conducted in an ethical and professional manner

Education:

• Bachelor's Degree - Business, Finance or Related - Preferred

Years of Experience:

• 1 year - Third-Party Risk Management, Information Security, Compliance or Related - Minimum
• Knowledge of conducting risk assessments
• Knowledge of regulatory examinations in financial services
• Knowledge of Information Security frameworks and standards such as ISMS, ISO, and NIST

In Lieu of Education:

• 4 years - Third-Party Risk Management, Information Security, Compliance or Related - Minimum

Compensation & Benefits:
Typical hiring range:‏‏‎ ‎$58,800 ‎-‏‏‎ ‎$83,050 Annually. Actual compensation will be determined using factors such as experience, skills & knowledge.
Additional Compensation: Annual performance bonus
‎Benefits: Alliant provides a benefits package including health care, vision, dental, and 401k with employer match.
Additional Benefits:

• Work from home up to 3 days a week
• Paid parental leave
• Employee discount programs
• Time off including paid personal and sick days
• 11 paid holidays
• Education reimbursement

*Note that eligibility and cost of benefits can vary depending on the number of regularly scheduled hours, and job status such as regular full-time, regular part-time, or temporary employment.
Adhere to and ensure compliance of all business transactions with policy and process of the Bank Secrecy Act. Ensures compliance with all applicable state and federal laws, company procedures and policies. Maintains integrity and ethics in all actions and conversations with or regarding credit union members and their accounts; complies with Privacy Act directives.
The responsibilities listed do not contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this position. Duties, responsibilities and activities may change at any time with or without notice.