- Create and support managing the vendor risk assessment framework for the organization
- Represent VRM on various internal risk and control committees plus other working groups
- Conduct risk screenings and analysis assigned to VRM to identify potential concerns as part of the onboarding process for new vendors
- Ability to hire and build the VRM team from scratch
- Keep track of all open issues and ensure their timely closure
- Partner actively communicate with other teams within the organization and Contract Owners to provide information on new and existing vendor relationships and guide them through the vendor onboarding due diligence process, including completion of IRQs (inherent risk questionnaires)
- Lead Operational Risk Management (ORM) activities related to the Company s Vendor Risk program
- Review vendor risk assessments and communicate key risks to business areas on priority
- Assist with the development of the enterprise-wide Vendor Risk dashboard
- Assist business owners in managing vendor risks throughout all phases of the vendor relationship life cycle
- Coordinate with subject matter experts to communicate potential key vendor risks to business owners to help ensure responsible risk treatment efforts
- Identify and implement process improvements throughout the department to increase efficiency and accuracy and decrease high risk areas.
- Maintain purchasing documents and assure that they are properly completed with all terms and conditions of purchases being met.
- Ensure compliance with local and foreign requirements.
- Interface with accounting on audit issues and system management to ensure proper controls are in place and operating as planned.
Achievements/Goals within first 6-12 months :
- Organization and Planning - Plan, organize and schedule in an efficient, productive manner; focus on key priorities
- Drive and Discipline - Operate in a fast-paced, dynamic environment with a focus on getting the job done
- Enthusiasm - Exhibit passion and excitement and embrace a can-do attitude
- Communication - Communicate effectively with internal cross-functional partners, creating promoters at every touchpoint
- Teamwork - Work cross-functionally to achieve team and individual goals
- Attention to Detail - high-level attention to minute details to ensure accuracy
- Perseverance - Demonstrate focus and commitment to solving complex issues through to completion.
- Bachelor s Degree
- 10 plus years in procurement and vendor management with 5-8 years of related business experience preferably in IT industry
- Operations, auditing, Operational Risk, IT Security, Sarbanes Oxley, Basel and the FDICIA controls
- The preferred candidate should have minimum 5 years of experience in analytics in the risk management, sourcing, business operations, or finance functions
- Additional qualification in supply chain management preferred
- Experience in reading and evaluating SOC 1 and SOC 2 audit reports
- Proven experience leading and delivering complex cross functional projects, deploying superior people management skills
- Responsible for the global end to end vendor screening process, including coordination of and collaboration with other risk groups, BCM, Information Security to ensure timely execution of all the relevant assessments
- Ability to work independently part of a team under pressure to meet deadlines
- Experience with Shared Assessment Program or similar methodologies is a plus
- Certifications like CISSP, CISM, SSAE, CIPP, CISA, ISAE, ISACA, GCFW, GSEC, GIAC will be preferred
- Exceptional work ethic and strong attention to detail
- Excellent written and verbal communication skills, and the ability to interact effectively
- Self-starter who can take on responsibility with little oversight
- Ability to read and comprehend moderately complex instructions, short correspondence, and memos
- Ability to write correspondence with understanding of audience
- Ability to effectively present information in one-on-one and small group situations to other managers and employees
- Exhibits our core values: Results Orientation, Winning Attitude, Be One Team, Disciplined Execution, and Growth Mindset
- Open to work in EST time zone
