Vendor Management Specialist - Temporary
- Salary
- $29.8–$44.7/hr
- Hiring from
- United States
- Work type
- Hybrid
- Posted
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We’re always looking for diverse, talented, service-oriented people to join our exceptional team.
Vendor Management Specialist - TemporaryThe pay range for this position is listed below. Our pay ranges are built to allow for candidates with various levels of skill and experience to be considered, as well as for room for growth and tenure achieved in a role over time. Typical new hire salary offers fall within the minimum to midpoint of a pay range for many candidates. Any offer extended to a candidate will be based upon their unique set of knowledge, skills, education, and experience as well as internal equity.
Pay Range:
$29.79 - $44.68Scheduled Weekly Hours:
40- Supports the review and analysis of new and renewing contracts and non-disclosure agreements to conduct third party risk assessment to anticipate, identify, and mitigate risk of the the vendor relationship.
- Assists in rating potential and existing vendors according to the degree of risk and level of business with SchoolsFirst FCU, and identifies appropriate due diligence activities, based on risk rating.
- Participates in key phases of vendor lifecycles from pre-onboarding to offboarding of vendors
- Tracks findings that arise during vendor onboarding, assess resulting risk to Management and collaborates with stakeholders to drive mitigation to acceptable levels
- Assists with maintaining a Vendor Management Program that ensures full compliance with applicable laws, rules, regulations, and guidelines.
- Maintains a centralized electronic file and tracking system of all existing and future vendor contracts and documentation relating to the vendors. Updates and makes relevant entries into the tracking system.
- Works with credit union management to obtain and maintain a list of all vendors used in all departments.
- Assists in maintaining vendor selection procedures in regards to hiring and contracting with vendors.
- Responsible for evaluating and performing due diligence and ongoing monitoring reviews of potential and existing vendors.
- Reviews vendor security reports such as SSAE16/SOC reports, writing up findings, reporting to Management and escalating problems and recommending meetings with vendors to address serious security concerns which may impact Member NPPI, as needed.
- Communicates between the Business, Information Technology and Information Security areas to validate questionnaire responses and for general requests associated with controls defined in standards and governing policies and procedures
- Ability to read, interpret and analyze vendor financial statements, calculating financial ratios such as Return on Assets (ROA), Return on Investment (ROI), Current Ratio and Percentage of long term debt to capital. Writes up findings, explaining importance of ratios and reports to Management.
- Responsible for effectuating renewals of existing ATM leases.
- Professionally interacts and negotiates with credit union partners, vendors, and other third parties.
- Assists in preparing annual summary report of high risk vendors to Supervisory Committee.
- Provides support to Internal Audit and Examiners for internal, external and regulatory examinations.
- Works with business unit owner and vendor to identify and mitigate risk through contractual insurance requirements.
- Performs other duties as assigned
- Complies with regulatory compliance and assigned training requirements including but not limited to BSA regulations corresponding to their specific job duties. Failure to do so may result in disciplinary and other employment related actions.
- High School Diploma or GED required
- Bachelor's Degree in a related field or equivalent years of experience required
- 1-3 years of prior relevant experience required
- Certified Regulatory Vendor Program Manager (CRVPM®) Level 1 preferred
SchoolsFirst Federal Credit Union is committed to fostering, cultivating, and preserving a culture of diversity and inclusion. SchoolsFirst FCU is an equal opportunity employer and prohibits discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities and prohibits discrimination against all individuals based on their race, color, religion, sex, national origin, age, sexual orientation, gender identity or expression, political affiliation, or genetic information.
This organization participates in E-Verify.
Join an Award-Winning Team!
We're passionate about living our mission of providing Members with World-Class Personal Service and financial security.
A Career With a Purpose.
There's a reason we love coming to work every day. We have the privilege of serving those who build the future: school employees, and the families who make their work possible.
Workplace Flexibility
Our success is built on our relationships with each other, our Members and the community. We value teamwork and face-to-face interactions and believe we’re at our best when we’re collaborating in-person.
We offer three possible work locations:
We also know the flexibility to work remotely benefits the wellbeing of our team. View the work location information below on the job listing that interests you.
On-Site:
100% on-site, 0% remote. Including those serving Members in-person at our branches.
Hybrid:
Three days a week in the office and up to two days remote. Hybrid teams coordinate on-site days to collaborate in-person.
Remote:
Up to 100% remote. Select individual contributor roles may be given the option to work fully remote.
