Vendor Manager at KS StateBank – Manhattan, Kansas
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About This Position
This position is part of KS StateBanks Compliance Office and is responsible for enterprise wide third party risk evaluations and management services. The Vendor Manager is responsible for managing the company's relationships with vendors, including identifying and selecting vendors, and managing vendor performance. The Vendor Manager will also be responsible for developing and implementing vendor management policies and procedures.
Job Responsibilities:
Facilitate third party risk assessments for initial due diligence and ongoing oversight of third party vendor services. This includes collection of documents and analysis, third party risk assessment questionnaire requirements, reviewing audited reports of controls (i.e. SSAE18, SOC Type II, PCI AoC/RoC) and other information to support full evaluation of any potential outsourcing risks.
Partner and coordinate closely with internal stakeholder areas (i.e. Information Technology, Legal, Finance, Operations, and Compliance) to facilitate and evaluate 3rd party service providers
Identify, assess and champion remediation efforts/projects for material supplier risks
Measure and monitor progress of supplier risk management activities, including issues tracking and risk remediation efforts, monthly and quarterly status reporting, key supplier metrics and periodic updates to senior business leadership on supplier risks
Effectively communicate and partner with senior management in support of their third party strategic initiatives
Oversee third party vendors across multiple business portfolios interfacing with several key stakeholders
Champion the enterprise Vendor Management purpose throughout the organization; train and advise internal staff on the vendor management processes
Provide risk awareness and training to colleagues in support of KS StateBanks Vendor Management Policies and Procedures
Escalate issues (delays; significant gaps; uncooperative parties; etc.) to management as required; work to resolve issues as needed
Lead various projects supporting program enhancements, process improvements, and other functions related to vendor management
Perform Quarterly User Access Reviews, draft audit report summarizing review for Internal Audit and senior management
Responsible for regulatory reporting, progress tracking, and other reporting, as needed
Assumes responsibility for related duties as required or assigned
Knowledge, Skills and Abilities:
Vendor management experience in the financial services industry is preferred
Experience using third party risk management /Governance, Risk and Compliance, preferred experience with nContracts application
Experience assessing contracts, including master service agreements, statements of work, and license agreements
Ability to coordinate with IT resources to assessing cloud servicing arrangements
Currently hold or quickly obtain industry recognized third party risk management or vendor management certification
Excellent written communication skills; experience performing both detailed and executive-level documentation
Excellent oral communication skills; ability to communicate with all levels of management; experience performing both detailed and executive-level documentation
Advanced knowledge of Microsoft Office tools; specifically, Excel, and PowerPoint
Strong project management skills (organizing, planning, reporting, documenting, driving tasks to closure, etc.)
Physical Requirements:
KS StateBank is an equal opportunity employer. It is the Banks policy to make employment decisions on the basis of merit and to prohibit discrimination on the basis of race, color, sex, religion, age, national origin, disability, genetic information or any other consideration made unlawful by applicable law. The Bank is committed to complying with all applicable laws providing equal employment opportunities. This commitment applies to all persons involved in the operations of the Company and prohibits unlawful discrimination by any employee or supervisor. If you believe you have been subjected to any form of unlawful discrimination, please contact an Executive Officer of the Bank. The Bank will immediately undertake an effective, thorough and objective investigation. If the Bank determines that unlawful discrimination has occurred, effective remedial action will be taken. Appropriate action will also be taken to deter future discrimination. The Bank will not retaliate against you for filing a complaint and will not permit retaliation by management or your co-workers.