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Vendor Risk Manager Jobs

Company

StoneX Group
Address , Chicago, 60604, Il
Employment type
Salary
Expires 2023-10-07
Posted at 9 months ago
Job Description
Overview:
Drive strategic initiatives for vendor risk program, ensuring all risks are inventoried, measured, responded to where appropriate and in line with the growth of the organization.
The Vendor Management role will be responsible for onboarding and maintenance of vendor records. The role will require working with various stakeholders within the onboarding process and business lines to gather required information and documentation. The Vendor Manager will have oversight of management of vendor data and reporting.
Responsibilities:
  • Maintain auditable records for required recordkeeping timeframe
  • Maintain Vendor Information
    • Gather, review and process vendor information
    • Support business initiatives to review key vendors
    • Identify and document dependencies amongst group entities and parent / child relationships among key vendors
  • Collaborate with internal stakeholders to support vendor reviews such as cyber, data privacy, compliance, AML, financial, etc.
  • Support vendor risk initiatives within the organization
  • Develop and maintain governance and oversight to identify, assess, mitigate and report vendor risk.
  • Records Management
    • Maintain consolidated list of vendors, affiliates, and third party relationships
    • Maintain auditable records for required recordkeeping timeframe
  • Develop periodic review process for vendor deactivations
  • Vendor Health and Risk Management
    • Monitor key performance indicators for select vendors
    • Support vendor risk initiatives within the organization
    • Identify gaps to internal and external benchmarks for select vendors, where appropriate
  • Reporting
    • Provide reporting and transparency on vendor risk process to key stakeholders and governance structures
  • Perform adhoc analysis and project engagement, as needed
  • Data clean-up efforts, as needed
  • Training and education of stakeholders and business engaged in vendor risk
  • Governance
    • Develop and maintain governance and oversight to identify, assess, mitigate and report vendor risk.
  • Gather, review and process vendor information
  • Lead strategic initiatives related to vendor risk management
  • Identify gaps to internal and external benchmarks for select vendors, where appropriate
  • Monitor key performance indicators for select vendors
  • Offboarding of Vendors
    • Gather, review and support vendor offboarding process
    • Coordinate periodic review of vendors to identify potential duplications or consolidations
    • Develop periodic review process for vendor deactivations
  • Coordinate periodic review of vendors to identify potential duplications or consolidations
  • Maintain consolidated list of vendors, affiliates, and third party relationships
  • Provide reporting and transparency on vendor risk process to key stakeholders and governance structures
  • Vendor Onboarding/Re-activation
    • Gather, review and process new vendor information requests
    • Collaborate with internal stakeholders to support vendor reviews such as cyber, data privacy, compliance, AML, financial, etc.
    • Liaise with contract management regarding execution of vendor contracts
  • Other
    • Lead strategic initiatives related to vendor risk management
    • Training and education of stakeholders and business engaged in vendor risk
    • Perform adhoc analysis and project engagement, as needed
    • Recommendations for process improvements
    • Data clean-up efforts, as needed
  • Gather, review and process new vendor information requests
  • Support business initiatives to review key vendors
  • Recommendations for process improvements
  • Identify and document dependencies amongst group entities and parent / child relationships among key vendors
  • Liaise with contract management regarding execution of vendor contracts
  • Gather, review and support vendor offboarding process
Qualifications:
  • Ability to work cross functionally and influence others
  • 5+ years of experience in vendor risk management, preferably in financial services
  • Leadership skills in strategy setting and execution
  • Strong written, verbal and oral communication skills
  • Strong process and project management skills
  • Bachelor’s degree
  • Experience working with and managing teams of high-performing individuals in fast paced environment