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Senior Vendor Management Analyst job opening in Astoria.

Our growing, dynamic team is currently seeking a Senior Vendor Management Analyst to join our Information Technology team in Astoria, New York. The Senior Vendor Management Analyst will be responsible for managing relationships with vendors, administer contract renewals, content reviews, monitor vendor agreements, ensure that contract terms are fulfilled & mitigate vendor risk. This role will serve as the organization’s point of contact & will perform all duties in accordance with the company policies & procedures.

Job requirements:

  • Bachelor degree required;
  • Familiarity with banking regulations such as SOX, GLBA, FFIEC & OCC Third Party Risk;
  • 5 years of audit/risk management, or vendor management experience required;
  • Prior banking and/or financial services industry experience preferred;
  • Advanced proficiency with Microsoft Office tools, especially Excel, PowerPoint & Visio;
  • Excellent communication skills both written & verbal to support development of reports & memos to be presented to Senior Management to articulate risks;
  • Excellent problem solving, analytical & critical thinking skills;
  • Highly motivated, inquisitive, self-starter with the ability to multi-task & effectively manage priorities to meet deadlines in a fast-paced environment;
  • Strong attention to detail, excellent organizational skills, ability to manage multiple projects & the capacity to work under pressure & tight deadlines.

Job functions:

  • Conduct audit reviews to evaluate performance, assess risk, control effectiveness & identify process gaps & compliance deficiencies according to FFIEC guidelines;
  • Analyze contract risk to ensure appropriate contract terms are included to mitigate financial risk posed to Quontic Bank & meet regulatory expectations;
  • Responsible for creating vendor relationship spreadsheet & present to VP of IT for review;
  • Perform scheduled vendor reviews, obtain all necessary paperwork & submit it to appropriate department;
  • Provide guidance & consulting on third party governance, oversight, & risk mitigation approaches throughout the third party lifecycle to business operations & key stakeholders;
  • Maintain & update any necessary reports/spreadsheets & submit to upper management as needed;
  • Review incoming contracts to ensure they comply with standard terms & conditions;
  • Work closely with departmental managers for contract renewal, ensure due diligence & ongoing monitoring controls are met; Identify due diligence assessments & documentation required based upon services being provided;
  • Conduct business reviews for top vendors on a regular basis, enabling Engagement Managers & Engagement Sponsors to better manage vendor performance;
  • Responsible for ensuring that vendor contracts are adhered to both from an operational & regulatory standpoint;
  • Work with business users to support corporate procurement & vendor management objectives;
  • Maintain & review documentation including records of purchase items, costs, deliveries & inventories;
  • Perform other duties & projects as assigned.

Compensation & benefits:

  • Competitive salary & bonus commensurate with experience & skills;
  • Comprehensive benefits package.

Apply now!

Please send qualified resumes with detailed salary requirements, referencing the position for consideration to: careers@quonticbank.com.

Do you want to share files with Quontic Bank's Human Resources? Securely upload files here.

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Quontic Bank is an equal opportunity employer. All applicants will be considered without regard to race, gender, color, religion, age, national origin, marital status, disability, or veteran status, in accordance with federal & state laws.

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