Job Description
Sr. Vendor Risk Analyst
Job Summary
This role will be responsible for analyzing vendor risk for all regions. This role will partner with other risk departments (InfoSec, Compliance, Risk, Security, etc) to document and track risk requirements. They will create risk registries, track risk acceptance criteria and analyze broad risk areas. This role will also support tracking risk compliance and store risk artifacts (COI, SOC1, SOC2, etc.).
Job Responsibilities
Risk Requirement Compliance (40%)
Work with risk departments to document risk requirements and method for tracking compliance to those requirements
Document region-specific risk requirements with countries and work with enterprise owner to built into the larger model
Develop risk ranking/scoring methodology
Support creation of risk acceptance approval process by department and develop a process to report exception to senior leadership
Analyze broad vendor risk portfolio to spot trends and suggest remediation opportunities.
Vendor Due Diligence (25%)
Support creation of new pre-contract vendor due diligence process with Sourcing
Manage new due diligence services for the enterprise: Financial Health Checks, Credit Checks and OFAC Checks
Support development of post-contract check up and audit process for high risk vendors
Program Development and Management Reporting (35 %)
Support the design, implementation and maturing of the new Vendor Risk Program
Support process to incorporate data (risk compliance, risk scores, etc) from risk departments into ServiceNow
Design risk scoring methodology to identify highest risk vendors and support management reporting to Risk Mgt, MCOM and the Board as needed
Design management reporting capabilities to risk departments
Qualifications
Education
College Degree
Professional Experience:
Five years of progressive financial analysis, reconciliation and research experience required
Five years of experience in data mining, database management and reporting.
At least two years of experience with complex programs and databases such as SQL, MS Access, Tableau, PowerBI etc.
Knowledge and Skills
Problem solving and critical thinking skills in a team environment
Strong analytical, organizational and communication skills
Detailed oriented with the ability to track multiple action items, resources and deliverables
Demonstrated ability to function in a distributed/virtual team and highly matrixed environment
Expert level experience in usage of various reporting tools, Microsoft Excel, and databases
Proficient in Chrome/Microsoft Edge, Microsoft Outlook; Microsoft PowerPoint; Microsoft Visio; and Microsoft Word.
Preferred Experience, Skills and Knowledge
Prior Experience
Strong knowledge of procurement principles, theories and processes.
Procurement experience in a large Fortune 500 company
Knowledge and Skills
Ability to multi-task
Ability to excel in situations with limited information and direction
Strong oral, written, and organizational skills
Independent thinking, good judgment and creative problem solving skills
Continuous improvement
Ability to understand and document business processes
Industry Experience
Insurance, mortgage servicing and/or banking industry processes and overall value-chain, specifically in back-office functi ons.
AI and Biometric Usage
Assurant supports the responsible use of Artificial Intelligence (AI), but we want to know the real you. Visit our AI Usage Guidelines page to understand what we expect from applicants regarding their use of AI during the application process. Since we would like to know the real you, we require that all of our virtual interviews be conducted on video.
Employment is contingent upon completion of a required identity verification process, which may include biometric technology, where permitted by applicable law and subject to applicable notice and consent requirements. See our Privacy Notice to learn about Assurant’s privacy practices, including our use of AI-enabled technology,…