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Vendor Management Risk Associate

  • Location: San Francisco, 94111
  • Job Type:Contract

Posted about 1 month ago

Contract Opportunity with a FULL suite of benefits!

Position: Vendor Management Risk Associate 
Location: San Francisco, CA 94111
Term: 6 Months

The Vendor Management Risk Associate is responsible for ensuring the compliance of the Banks Vendor Management program by overseeing and managing the Banks vendor relationships, facilitating the third-party vendor risk identification process, and completing other third-party vendor risk management duties as assigned.

Day-to-Day Responsibilities:

  • Manage the Banks vendor lifecycle phases from planning, due diligence and selection, contract negotiations, ongoing monitoring, and termination.
  • Collaborate with business owners and other internal stakeholders to ensure vendor risks are properly identified and controls are in place to mitigate risk and minimize financial, regulatory, and reputational exposure.
  • Effectively communicate and collaborate with business owners and support their third-party strategic initiatives.
  • Liaise with cross-functional Subject Matter Experts, such as Information Security, Finance, and Sourcing, among others, to ensure vendor engagements are compliant with Bank policies and regulatory guidance.
  • Analyze vendor risk assessment questionnaires, support vendor onboarding, manage due diligence document collection, assist with contract negotiations, and manage all required ongoing monitoring efforts.
  • Gather Service Level Agreements reports for review with business owners and risk managers for oversight meetings.
  • Chair and manage vendor oversight meetings with business owners, other stakeholders, and vendors. Produce meeting minutes and track action items to closure.
  • Engage with business owners and other stakeholders to review vendor performance metrics and vendor scorecards.
  • Perform other duties and special projects as assigned.

Is this a good fit? (Requirements):

  • Strong analytical mindset, able to manage risks both at the micro and macro levels.
  • Firm ability to problem solve, identify issues and work them to closure, including remediation and escalation where appropriate.
  • Strong data analytical skills and understanding of MS Excel, MS PowerPoint, and Governance Risk Compliance system (GRC).
  • Effective in response to shifting priorities and assignments and ability to meet deadlines and expectations timely.
  • 3 years functional/professional experience required; 5-7 years preferred.
  • Effective in delivering communications across a wide spectrum of individuals at Bank having varying degrees of technical understanding.
  • Strong interpersonal skills in ability to establish relationships with internal business partners to build consensus, with ability to deliver various types of communications to internal and external parties.

About our client:
Founded in 1985, our client and its subsidiaries offer private banking, private business banking and private wealth management, including investment, trust and brokerage services. Join a team that continues to make significant investments in its digital solutions, including upgrading our consumer-facing technology.

Candidates will be responsible for following the client's COVID-19 protocols. Please refer to your MATRIX representative for specifics.

About Us

At MATRIX, we expertly match talented professionals with job opportunities to elevate careers. Since 1983, we have placed thousands of professionals at innovative clients across every industry ranging from small startups to Fortune 50 companies. It’s why we’re consistently in the top 25 of all U.S. IT staffing firms and why our consultants rate us well above the industry average, earning us ClearlyRated's Best of Staffing awards year after year. People come to us for a job, and stay with us because of our top-notch consultant care.

MATRIX is and Equal Employment Opportunity employer including disability and veteran and provides reasonable accommodations for all qualified individuals.  Supporting medical or religious documentation will be required where applicable. If you are a qualified individual you may request a reasonable accommodation under the American Disability Act (ADA). If you are a person with a disability needing assistance applying, or at any point in the hiring process, please email us at To ensure a quick response to your request, please use the words “Accommodation request” as the subject line of your email.