Auto req ID: 5173BR
Title: Vendor Risk Management Analyst
Job Function: Risk Management
State and City: Multiple Locations
Company: Harley-Davidson Financial Services
Full or Part-Time: Full-Time
Job Summary
POSITION SUMMARY
Under general supervision the Vendor Risk Management Analyst is responsible for supporting enterprise-wide needs for due diligence, risk assessments, and on-going monitoring of critical third party vendors. The individual will analyze reports and risk assessments for interpretation and be able to recognize any potential risks to the profitability or existence of third party vendors. The Vendor Risk Management Analyst will work collaboratively with stakeholders to deconstruct vendor and compliance issues and develop recommendations for risk mitigation. The individual will also identify and communicate to the business the associated risks of vendor provided process and services in support of critical operations as well as partner with the Portfolio Control Team on operations procedural related tasks and perform other miscellaneous duties for the Risk Management Department.
PRIMARY RESPONSIBILITIES
• Maintain and monitor due diligence tasks for third party vendors by building and maintaining collaborative relationships with vendor relationship managers to ensure and promote effective communication, vendor performance, service, and on-going relationships
• Records, tracks, and notifies vendor relationship managers of vendor performance and recurring monitoring evaluations to ensure timely responses
• Obtains and reviews due diligence materials (i.e. business continuity reports, financial and cash flow statements, policies and procedures, remittance reports, etc.) ensuring timely response on due diligence requests
• Obtains public information from sources (i.e. Web searches, Dun & Bradstreet, etc.) as needed to assist in due diligence assessments
• Supports the Vendor Oversight Program to effectively manage vendor risk in accordance with internal policy and regulatory requirements ensuring strong oversight of all vendor risks and provides visibility of existing and emerging risks
• Provides coaching and training to vendor relationship managers and supports continuous improvement efforts in the vendor oversight process
• Meets regularly with key stakeholders to provide input to the risk calibration process for third party vendors
• Acts as a subject matter expert to assist the business in identifying and mitigating risks of their vendor relationships
• Reviews and analyzes documentation received from third party vendors to ensure regulatory compliance, including but not limited to the CFPB
• Ensure comprehensive, well documented policies and procedures are current for all Vendor Management
• Regularly monitor/audit Vendor Management related policy and procedures to include leadership of maintenance and updates as required
• Ensures ongoing vendor evaluations are performed according to risk classification and defined schedule
• Requests, tracks, receives, and stores all required documents from existing vendors as required based the vendor risk rating
• Performs administration activities (e.g. setting up and disabling users, publishing documents, assigning tasks, etc.) associated with Servicing procedures, protection product providers and the vendor management program on manual tracking form(s) and future software or repository application
• Archives all vendor documentation and evaluates for compliance with Vendor Oversight Program and ensures all documents comply with internal quality and retention standards
• Prepares regular updates and reports on the effectiveness of the Vendor Oversight Program to be shared with leaders and/or the Corporate Risk and Compliance Committees, as needed
• Maintains a current awareness and understanding of appropriate consumer financial laws, regulations, internal policies and procedures, and to comply fully with those laws, regulations, policies and procedures
• Special projects as requested
• Performs other duties as assigned
• Protection of employees, customers and corporate information is everyone's responsibility at HDFS. All employees must follow established physical, el
Education Required
• High School Diploma Required
• Bachelor’s Degree preferred
Experience Required
EXPERIENCE & KNOWLEDGE
• Bachelor’s Degree preferred
• 1 – 3 years financial statement analysis experience preferred
• Creative thinker, problem-solver
• Strong analytical skills and conceptual thinking
• Strong written communication skills in presentation and written
• Strong interpersonal skills with integration, influencing and negotiation
• Adept at multi-tasking
• Strong teamwork skills and the ability to interact effectively with all levels
• Ability to make sound determinations on relative strength of supplier/vendor and their positioning within their industry
• Adept at using a personal computer, including various Microsoft applications and the Internet
• Strong teamwork skills and the ability to interact effectively with all levels of staff on processes and systems
• Demonstrated ability to take the initiative and achieve results in a fast-paced and dynamic environment
• Experience in process mapping, policy and procedure writing preferred
Supplemental Information
This position can be filled in Plano, TX or Carson City, NV
Direct Reports:
Travel Required: 0-10%
Title: Vendor Risk Management Analyst
Job Function: Risk Management
State and City: Multiple Locations
Company: Harley-Davidson Financial Services
Full or Part-Time: Full-Time
Job Summary
POSITION SUMMARY
Under general supervision the Vendor Risk Management Analyst is responsible for supporting enterprise-wide needs for due diligence, risk assessments, and on-going monitoring of critical third party vendors. The individual will analyze reports and risk assessments for interpretation and be able to recognize any potential risks to the profitability or existence of third party vendors. The Vendor Risk Management Analyst will work collaboratively with stakeholders to deconstruct vendor and compliance issues and develop recommendations for risk mitigation. The individual will also identify and communicate to the business the associated risks of vendor provided process and services in support of critical operations as well as partner with the Portfolio Control Team on operations procedural related tasks and perform other miscellaneous duties for the Risk Management Department.
PRIMARY RESPONSIBILITIES
• Maintain and monitor due diligence tasks for third party vendors by building and maintaining collaborative relationships with vendor relationship managers to ensure and promote effective communication, vendor performance, service, and on-going relationships
• Records, tracks, and notifies vendor relationship managers of vendor performance and recurring monitoring evaluations to ensure timely responses
• Obtains and reviews due diligence materials (i.e. business continuity reports, financial and cash flow statements, policies and procedures, remittance reports, etc.) ensuring timely response on due diligence requests
• Obtains public information from sources (i.e. Web searches, Dun & Bradstreet, etc.) as needed to assist in due diligence assessments
• Supports the Vendor Oversight Program to effectively manage vendor risk in accordance with internal policy and regulatory requirements ensuring strong oversight of all vendor risks and provides visibility of existing and emerging risks
• Provides coaching and training to vendor relationship managers and supports continuous improvement efforts in the vendor oversight process
• Meets regularly with key stakeholders to provide input to the risk calibration process for third party vendors
• Acts as a subject matter expert to assist the business in identifying and mitigating risks of their vendor relationships
• Reviews and analyzes documentation received from third party vendors to ensure regulatory compliance, including but not limited to the CFPB
• Ensure comprehensive, well documented policies and procedures are current for all Vendor Management
• Regularly monitor/audit Vendor Management related policy and procedures to include leadership of maintenance and updates as required
• Ensures ongoing vendor evaluations are performed according to risk classification and defined schedule
• Requests, tracks, receives, and stores all required documents from existing vendors as required based the vendor risk rating
• Performs administration activities (e.g. setting up and disabling users, publishing documents, assigning tasks, etc.) associated with Servicing procedures, protection product providers and the vendor management program on manual tracking form(s) and future software or repository application
• Archives all vendor documentation and evaluates for compliance with Vendor Oversight Program and ensures all documents comply with internal quality and retention standards
• Prepares regular updates and reports on the effectiveness of the Vendor Oversight Program to be shared with leaders and/or the Corporate Risk and Compliance Committees, as needed
• Maintains a current awareness and understanding of appropriate consumer financial laws, regulations, internal policies and procedures, and to comply fully with those laws, regulations, policies and procedures
• Special projects as requested
• Performs other duties as assigned
• Protection of employees, customers and corporate information is everyone's responsibility at HDFS. All employees must follow established physical, el
Education Required
• High School Diploma Required
• Bachelor’s Degree preferred
Experience Required
EXPERIENCE & KNOWLEDGE
• Bachelor’s Degree preferred
• 1 – 3 years financial statement analysis experience preferred
• Creative thinker, problem-solver
• Strong analytical skills and conceptual thinking
• Strong written communication skills in presentation and written
• Strong interpersonal skills with integration, influencing and negotiation
• Adept at multi-tasking
• Strong teamwork skills and the ability to interact effectively with all levels
• Ability to make sound determinations on relative strength of supplier/vendor and their positioning within their industry
• Adept at using a personal computer, including various Microsoft applications and the Internet
• Strong teamwork skills and the ability to interact effectively with all levels of staff on processes and systems
• Demonstrated ability to take the initiative and achieve results in a fast-paced and dynamic environment
• Experience in process mapping, policy and procedure writing preferred
Supplemental Information
This position can be filled in Plano, TX or Carson City, NV
Direct Reports:
Travel Required: 0-10%