Vendor Management Analyst
: Job Details :


Vendor Management Analyst

Enterprise Bank and Trust

Job Location : Edwardsville,IL, USA

Posted on : 2024-11-08T08:37:57Z

Job Description :

Enterprise Bank & Trust was founded in the spirit of entrepreneurship and community. From the small mom-and-pop coffee shop to the large construction company that employs local people, our goal is to help businesses succeed and our communities thrive.

With offices in Arizona, California, Florida, Kansas, Missouri, New Mexico, Nevada and Texas, were strong, growing and committed to supporting the communities we serve. We extend this commitment to the community to our associates, offering annual paid volunteer time off and charitable-matching opportunities. Voted a Best Bank to Work For by American Banker for multiple years, we offer our associates an array of benefits and the opportunity to chart their own career path with us. Join us in the pursuit of our mission to guide people to a lifetime of financial success, and enjoy a career filled with professional growth opportunities, interesting colleagues and the satisfaction of supporting our communities.

Together, theres no stopping you!

Job Title:Vendor Management AnalystJob Description:

Summary

Under general guidance and direction, this position assists with all aspects of the vendor management program for Enterprise Bank & Trust (EB&T). The position will participate in the entire life cycle of EB&Ts third party vendor relationships including: performing vendor due diligence and oversight; assessing vendor risk; working with the legal team, the Vendor Management lead and business units on basic contract review; managing EB&Ts portfolio of vendor contracts; and assisting with documentation required for regulatory compliance and audits. This position will work closely with other departments including but not limited to, information technology, finance, risk management, information security, legal and deposit/loan operations.

Essential Duties and Responsibilities:

  • Manage vendor relationships for all existing and new EB&T initiatives
  • Assist with risk analysis, due diligence, contract review and oversight functions in accordance with EB&Ts Vendor Management Policy
  • Coordinate with business units to ensure that vendor relationships further EB&Ts business objectives and satisfy EB&Ts operational, technology, legal, and compliance requirements
  • Under general guidance and direction of team lead, perform risk analysis and due diligence on prospective vendors, ensuring timeliness and accuracy of vendor responses, documenting EB&T findings, and maintaining all supporting documentation
  • Deliver EB&T contracts to vendors, review vendor responses and assist in contract negotiations in coordination with legal counsel, the Vendor Management lead and business units
  • Schedule and perform audits of vendors and contract files
  • Coordinate with vendor management, internal audit, information security, compliance, and finance to gather information and to assess project and vendor risk
  • Prepare regular vendor management reports as necessary
  • Maintain EB&T contract management system including managing contract renewals, expirations and service level agreements.
  • Perform in depth reviews of vendor SOC1 and SOC2 reports
  • Administrative functions including monitoring the vendor management mailbox, obtaining responses to vendor questionnaires, obtaining and filing executed contracts and other documentation, and updating vendor listings and KPIs
  • Perform other duties and special projects as necessary

Qualifications:

  • Possesses strong verbal and written communication skills
  • Able to problem-solve, take initiative for projects and work independently with minimal supervisory oversight
  • Demonstrates strong record-keeping, time-management and general organizational skills
  • Able to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
  • Demonstrates professionalism and accountability.

Education and/or Experience:

  • Bachelors Degree in Business, IT or related field or equivalent work experience.
  • Minimum of one to three years in Vendor Management/Third Party Risk Management, Information Security or Internal Audit, preferably for a financial institution.

Computer and Software Skills:

  • Advanced skills in MS Office, Google applications and vendor management systems

Certificates, Licenses and Registrations:

  • None

Equal Opportunity Statement:

Enterprise Bank & Trust is committed to helping individuals with disabilities participate in the workforce and ensuring equal opportunity to apply and compete for jobs. If you need an accommodation in order to apply for a position at Enterprise Bank & Trust please contact Human Resources at ...@enterprisebank.com.

Enterprise Bank & Trust is committed to managing our business and community relationships in ways that positively impact our associates, clients, and the diverse communities where we work and live. We are proud to be an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, national origin, sexual orientation, gender identity or protected veteran status and will not be discriminated against on the basis of disability. All employment offers are contingent upon the applicant successfully completing both drug and background check screenings. If you would like more information about your EEO rights as an applicant under the law, please download the Equal Employment Opportunity is the Law poster HERE.

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