Job Title:

Vendor Risk Senior Professional

Location:

Block 23

What you'll do:

As a Vendor Risk Senior Professional you'll support the Third-Party Management Services "TPMS" for a sub-portfolio of service providers supporting select business functions. You'll be responsible for the full third-party lifecycle including risk assessment, due diligence and ongoing monitoring. You'll also manage select third-party relationships with a particular focus on critical/high risk relationships. You'll support vendor selection activities in partnership with service requestors. This includes a formal strategic sourcing methodology and engagement with the marketplace for Requests for Information (RFI), Requests for Proposal (RFP), and Requests for Quote (RFQ) in accordance with company procedures and the Corporate Third-Party Management Policy.

• Adhere to Third-Party Risk Management guidelines through the execution of policies and procedures throughout the lifecycle of a third-party vendor relationships. Ensure strong oversight of vendor risks and provide insight on existing and potential risks.
• Conduct quarterly business reviews and ensure scorecards are structured to allow proper oversight and monitoring of the third party that commensurate with the level of risk and complexity of the relationship. Provide initial and on-going due diligence review on third-party vendors to ensure risk are identified and applicable standards.
• 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 result. Facilitate contract review between business partners, third-parties, and legal. Prepare documents, support internal\external discussions regarding TPMS issues, and maintain compliance and approval of access. Leverage standard frameworks such as NIST, ISO, COBIT, policies standards, and produces to recommend mitigating control to meet regulatory requirements specifically SOX, CCPA, GDPR, PCI. Work with Legal to define and build contract term playbook library.
• Partner with Business Units, Suppliers and Risk Control Partners on corrective variance actions or remediation efforts including performance improvement plans.

What you'll need:

• 7+ 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 to advanced knowledge of general banking or financial services is preferred.
• Intermediate to advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
• Intermediate to advanced experience related to FFIEC auditing regulations, or similar financial industry requirements is strongly preferred.
• Advanced skills in Microsoft Office Suite.
• Intermediate to advanced experience with 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.
• Intermediate speaking and writing communication skills.
• Certified Regulatory Vendor Program Management (CRVPM) Level 2 preferred; Certified Third Party Risk Professional (CTPRP) preferred.

Compensation: Salary range for new hires is generally $121,870.00 - $150,546.00 for Los Angeles, CA. Salary amount is determined by specific job location. In addition, the role may be eligible for annual bonus/incentives earned and restricted stock.

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 [email protected] 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