Vendor Compliance Specialist

How will you drive value within the organization as a Vendor Compliance Specialist?

• Prepare initial compliance risk evaluations for potential Company vendors
• Oversee issuance and ensure completion of new vendor risk assessments and annual vendor risk assessments as appropriate
• Engage appropriate internal stakeholders to review and provide feedback on results of vendor risk assessments
• Operate effectively within the contract management system
• Conduct regular OFAC oversight activities related to Company’s vendors
• Support counsel on identifying risk points to be considered during contract review and negotiation
• Identify opportunities for increased efficiency and effectiveness in the vendor compliance processes and support the Director of Compliance and Quality Assurance in evaluating and implementing the same
• Provide vendor compliance support to operational units
• Maintain electronic records and files that support work performed, results, and outcomes
• Foster a collaborative culture that facilitates the achievement of business plan objectives by working closely with other associates and members of management
• Perform additional assignments and special projects as required by the needs of the company or as directed by management

What should you already know to be successful as a Vendor Compliance Specialist?

• Minimum of bachelor’s degree or commensurate work experience required
• Minimum of two (2) years’ experience in the financial industry preferred
• Unimpeachable ethics and integrity, as well as independent judgment
• Ability to communicate effectively with a variety of contacts, including vendors, internal management, and internal stakeholders
• Intrinsically motivated with demonstrated ability to take initiative, identify needs, make recommendations for improvement, see recommendations through implementation, and evaluate improvements for effectiveness 
• Excellent interpersonal skills: friendly and tactful with the ability to influence others, effectively manage conflict, exercise sound judgment, effectively manage highly sensitive and confidential information, interact at all levels within the organization, and build cross-functional partnerships across the business
• Strong oral and written communication skills
• Team player that can adapt in a fast-paced and changing environment 
• Proficient computer skills with working knowledge of internet and standard business applications; ability to quickly learn new computer applications as required 
• Commitment to exemplifying the organizational core values and key competencies
• Excellent organizational skills with high attention to detail and demonstrated ability to effectively set and manage multiple conflicting priorities
• Ability to think strategically and deliver tactically

Employment Requirements:

• Remain in a stationary position up to 100% of the workday
• Constantly operate a computer and other standard office equipment  
• Must be able to talk and hear to exchange accurate information
• Must have close visual acuity to perform activities such as: preparing and analyzing data and figures; viewing a computer terminal; extensive reading
• This position is full-time
• The position does not require travel