AMVETS Jobs

Description OVERVIEW The Vendor Management Officer is responsible for overseeing key strategic third-party vendor and business partner relationships of the Bank throughout their life cycle thereby ensuring that the Bank maintains an effective Vendor Management Program in compliance with all applicable laws, rules and regulations. In addition, responsible for the development, communication, education and maintenance of the Bank's Vendor Management process. Prepares analyses and evaluations to ensure compliance with bank policies and regulations. Evaluates, recommends and implements changes to Vendor Management procedures throughout the bank. ESSENTIAL FUNCTIONS Vendor Management * Provides support and guidance to the Bank's risk management compliance efforts; assists regulatory agencies and/or auditors inquiries; performs risk assessments and ongoing due diligence measures; reviews and writes related policies and procedures; makes recommendations to Operation Risk Manager when and where appropriate; creates reports for the Board of Directors detailing the Bank's vendor management risk related compliance. * Manages key strategic third-party vendor and business partner relationships of the Bank throughout their life cycle thereby ensuring that the Bank maintains an effective Vendor Management Program in compliance with all applicable laws, rules and regulations; ensures the program is scalable to support vendors managed by other Bank management personnel. * Maintains and understands the complete breadth of professional services and related risks provided by vendors, business partners, and current support services for relevant business unit. * Assists Bank management personnel in evaluating and supporting business cases for new products or services or the renewal and/or improvement of existing products or services; assists in the search for appropriate and qualified vendors; assists business units with preparing request for proposals (RFPs); leads efforts of rationalization and optimization; conducts supplier research and provides information to stakeholders; performs cost benefit and risk analysis recommendations. * Partners with key Bank personnel and others to ensure that financial, performance, risk, and compliance requirements are being met; remediates any gaps or deficiencies related to third-party service provider's compliance management system or ability to comply with applicable laws, rules and regulations. * Works with procurement, information security, audit, risk, compliance, legal, and finance management personnel to address liability, financial and operational risk that tie to related issues. * Ensures Bank policies, procedures and processes are updated to reflect changes in law or regulations; recommends changes to policies, procedures and processes to minimize risk. * Assists all areas of the Bank to coordinate inter and intra-departmental activities; resolves inquiries or issues relating to vendor management functions; participates in various internal committees assigned by Operational Risk Manager. * Performs basic contract review and upload contracts to Vendor Management tracking application based on bank standards. * Coordinates with the business units on contract negotiations. * Performance invoice audits regarding payments and contract terms. * Develop annual bankwide, contract owner, SME, and vendor administration training modules. Operations/Risk Management * Supports and directs assigned complex Operational Risk functions including ensuring data integrity, compliance requirements and reporting needs. * In conjunction with Director of Risk Management, develops and maintains standards for team activities to ensure compliance with regulatory agencies, Bank policy, audits, and investors. * Maintains accurate statistical records of assigned team's activity and relevant information. * Reviews and recommend new methods and procedures to make d