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We are looking for a Vendor Management Analyst to join our team in Bedford, NH, on a long-term contract basis. In this role, you will oversee the evaluation and management of third-party vendors to ensure compliance with industry regulations and organizational standards. This position offers an excellent opportunity to work within the banking sector, collaborating with stakeholders and addressing vendor-related risks to maintain operational excellence.
Job Responsibility:
Conduct thorough due diligence and regular reviews of third-party vendors to ensure adherence to compliance standards
Collaborate with the Risk & Compliance team to align third-party risk management practices across the organization
Assess vendor-related risks and provide recommendations to mitigate potential issues
Build and maintain strong relationships with external vendors and internal teams to facilitate smooth operations
Prepare detailed reports and presentations on vendor performance, risk assessments, and compliance findings for leadership review
Monitor vendor activities to identify and address fraud-related risks
Implement anti-money laundering (AML) practices and ensure vendors comply with regulatory requirements
Perform compliance risk assessments and evaluate vendor adherence to FFIEC guidelines
Develop strategies to identify and prevent potential fraud in vendor activities
Support issue resolution processes by coordinating with vendors and internal departments
Requirements:
Proven experience in vendor management, risk assessment, or compliance within the banking or financial services industry
Strong understanding of anti-money laundering (AML) regulations and fraud prevention strategies
Familiarity with FFIEC guidelines and compliance risk standards
Excellent analytical skills with the ability to assess and mitigate vendor-related risks
Effective communication and relationship management skills to liaise with vendors and internal teams
Demonstrated ability to prepare detailed reports and deliver presentations to senior leadership
Highly organized with the ability to manage multiple tasks and deadlines
Capacity to work independently while exercising sound judgment in decision-making