Vendor Risk Professional

Western Alliance Bancorporation
dental insurance, tuition assistance, 401(k)
United States, Arizona, Phoenix
Apr 30, 2025
Job Title: Vendor Risk Professional Location: CityScape What you'll do: As a Vendor Risk Professional you'll support Third-Party Management Services "TPMS" and assist senior risk professionals and the Senior Manager of Third Party and Sourcing in managing a sub-portfolio of external suppliers performing services to the Bank. You'll manage the full life cycle for third-party management processes from onboarding to managing existing third-party relationships, building risk assessment, assessing controls, and reviewing third-parties based on required regulations. You will evaluate third-parties and build rating-based risk profiles, facilitate due diligence questionnaires, and obtain various approvals for you assigned supplier portfolio category. You'll monitor requirements in accordance with the defined framework and work with various risk control partners such as Information Security\IT; Fraud, Business Continuity, Compliance, Privacy and Legal. Manage the daily third-party management operations. Ensure the department follows the strategic direction, prioritization, mission, and vision of the TPMS and its policies and procedures. Work within our GRC platform for use in core operations, including third-party onboarding, tracking, analytics, and performance management. Monitor adherence to the Third-Party Management Policy by reviewing and maintaining third-party documentation to ensure accuracy and completeness. Serve as a single point of contact for TPMS related questions and issues and interact with multiple internal stakeholders and third-parties throughout the lifecycle. Build close relationships with business owners to understand their strategy or direction and collect the due diligence review results. Facilitate contract review between business partners, third-parties, and legal. Prepare documents, support internal\external discussions regarding third-party management issues, and maintain third-party compliance and approval of third-party access. Leverage standard frameworks such as NIST, ISO, COBIT, policies, standards, and procedures to recommend mitigating control to meet regulatory requirements specifically SOX, CCPA, GDPR, PCI. Work with Legal to define and build contract term playbook library. Assist in tracking and reporting of score cards and SLAs. Develop, implement, monitor, and report performance measures that demonstrate value and ensure third-party performance. Act as a primary liaison with the business and TPRM 2nd Line to build risk assessment and required control as well as align the outstanding issues to the risk assessment and monitor the resolution of issues. Assist procurement services teams to ensure compliance with Third-Party management policy, sourcing, and negotiated agreements relating to core operations services and products. What you'll need: 5+ years of related experience in Vendor Management, Risk Management or similar field. Bachelor's degree or equivalent experience required; Bachelor's degree in related field preferred. Intermediate knowledge of general banking or financial services is preferred. Intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices. Intermediate experience with FFIEC auditing regulations, or similar financial industry requirements is strongly preferred. Experience with risk control processes, ideally in a financial service industry preferred. Intermediate exposure to Risk Management Technology Platforms (i.e. ProcessUnity, Venminder, SAI360, RSA-Archer). Experience building Risk Control Self-Assessment (RCSA), TPRM, Application Control Testing, SOX compliance Testing, Vulnerability Analysis, Change Management, and Data Cryptography. Knowledge and skills of Microsoft Office Suite. Intermediate speaking and writing communication skills. Certified Regulatory Vendor Program Management (CRVPM) Level 1 preferred; Certified Third Party Risk Professional (CTPRP) preferred. Benefits you'll love: We offer all the important things you'd want - like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career! About the company: Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC. AmeriHome Mortgage is a Western Alliance Bank company. Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process. Western Alliance Bancorporation