VP, Vendor Risk Manager

Full Time

International Banking Client

Office Status: Hybrid (3 days per week in office)

Salary Range: $130,000-$140,000


  • Manage the TPRM Framework:
    • Maintain and update the TPRM Framework, including the standard risk assessments and associated policies and procedures,
    • Oversee new vendor on-boarding (vendor assessment, contract reviews…)
    • Administer the vendor risk management platform, COUPA, ensure the alignment and consistency of vendor data between the different platforms using these data: VRM platform, procurement tool, accounts payable system,
    • Keep vendor risk management platform data up to date (vendor changes, organization changes, service modifications), ensure functionality is aligned with the TPRM policy
    • Produce regular reports on vendor risk status and risk assessments
    • Conduct change management with internal and external stakeholders
    • Stay up to date with market best practices, regulatory expectations and propose enhancements of the program proactively,
  • Assist other GSP members in managing sourcing activities in relation to vendor evaluation and on boarding,
  • Ensure understanding and compliance to purchasing and vendor risk policies and procedures,
  • Contribute to resolution of any audit recommendations issued from internal and external auditors, regulators.
  • Produce KPIs and KRIs.
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