3rd Party Risk Management - Associate

Santander; United States; Remote; USD 71,000 - 120,000; Full time

Job summary

Santander is seeking a 3rd Party Risk Management Associate in the United States to oversee vendor relationships, perform business reviews, and ensure compliance with TPRM standards. You will coordinate onboarding and review certificates of insurance.

With 5+ years in vendor management, you will partner with procurement, legal, and finance to drive improvements, monitor performance, and negotiate favorable terms. A Bachelor's degree is required.

Qualifications

• Bachelor's degree in business administration, supply chain management, or equivalent work experience.
• 5+ years of experience in vendor management or partner relations.
• Strong communication and negotiation skills.
• Organizational skills with ability to manage multiple priorities.

Responsibilities

• Coordinate and perform business reviews, exit strategies, and Inherent Risk Assessments per TPRM standards.
• Serve as primary point of contact for vendors and maintain open lines of communication.
• Manage onboarding process for new vendors, timelines, documentation, and introductory meetings.
• Request and review certificates of insurance to ensure contractual compliance.
• Oversee timely upload and review of vendor reports for data accuracy.
• Collaborate with procurement, legal, and finance to streamline processes.
• Monitor vendor performance metrics and report to stakeholders; drive corrective actions.
• Build and maintain strong partnerships with business line owners.

Skills

Vendor management

Partner relations

Negotiation

Communication

Organization

Microsoft Office Suite

Education

Bachelor's degree in business administration, supply chain management, or equivalent work experience

Tools

Vendor management software

Microsoft Office Suite

Job description

3rd Party Risk Management - Associate

Country: United States of America

It Starts Here

Santander is a global leader and innovator in the financial services industry and is evolving from a high-impact brand into a technology-driven organization. Our people are at the heart of this journey and together, we are driving a customer-centric transformation that values bold thinking, innovation, and the courage to challenge what's possible. This is more than a strategic shift. It's a chance for driven professionals to grow, learn, and make a real difference.

The Difference You Make

As a 3rd Party Risk Management Associate, you will play a crucial role in managing and nurturing relationships with our vendors to optimize performance and drive business growth. This role requires strong organization skills and excellent leadership skills. You will be responsible for conducting business reviews, review vendors performance and ensure compliance with our Third-Party Risk Management (TPRM) standards. Additionally, you will participate and contract negotiations, review Business continuity plans, SOC audits and certificates of insurance.

Responsibilities

• Coordinate and perform business reviews, review exit strategies, conduct Inherent Risk Assessments, while ensuring adherence to TPRM Standards.
• Serve as the primary point of contact for vendors, maintaining open lines of communication and addressing any concerns or issues promptly.
• Manage the onboarding process for new vendors, including setting timelines, coordinating necessary documentation, and facilitating introductory meetings.
• Request and review certificates of insurance from vendors to ensure compliance with contractual requirements.
• Oversee the timely upload and review of vendor reports, ensuring accuracy and completeness of data.
• Collaborate cross-functionally with internal teams, including procurement, legal, and finance, to streamline processes and resolve any vendor-related issues.
• Monitor vendor performance metrics and provide regular updates to internal stakeholders, identifying areas for improvement and implementing corrective actions when necessary.
• Build and maintaining strong partnerships with the various business line owners you will support

What You Bring

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education

• Bachelor's degree in business administration, supply chain management, or equivalent work experience - Required.

Qualifications

• 5+ years of experience in vendor management, partner relations, or a similar role within similar industry - Required.
• Proven track record of successfully managing vendor relationships and driving results.
• Strong understanding of TPRM standards and best practices.
• Excellent communication and negotiation skills, with the ability to build rapport and influence stakeholders at all levels.
• Highly organized with exceptional attention to detail and the ability to manage multiple priorities in a fast-paced environment.
• Proficiency in Microsoft Office Suite and experience with vendor management software is preferred.es.

Certifications

• No Certifications listed for this job.

It Would Be Nice For You To Have

• Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.

Work Authorization & Sponsorship

Applicants must be legally authorized to work in the United States on a full-time basis without requiring employer sponsorship to commence employment.

What Else You Need To Know

The base pay range for this position is posted below and represents the annualized salary range. For hourly positions (non-exempt), the annual range is based on a 40-hour work week. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.

Base Pay Range

Minimum:

$71,250.00 USD

Maximum:

$120,000.00 USD

We Value Your Impact

Your contribution matters and it's recognized. You can expect a fair and competitive rewards package that reflects the impact you create and the value you deliver. We know rewards go beyond numbers. Offering more than just a paycheck our benefits are designed to support you, your family and your well-being, now and into the future. Santander Benefits - 2026 Santander OnGoing/NH eGuide (foleon.com)

Risk Culture

We embrace a strong risk culture and all of our professionals at all levels are expected to take a proactive and responsible approach toward risk management.

EEO Statement

At Santander, we value and respect differences in our workforce. We actively encourage everyone to apply. Santander is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status or any other characteristic protected by law.

Working Conditions

Frequent minimal physical effort such as sitting, standingand walking is required for this role. Depending on location, occasional moving and lifting light equipment and/or furniture may be required.

Employer Rights

This job description does not list all of the job duties of the job. You may be asked by your supervisors or managers to perform other duties. You may be evaluated in part based upon your performance of the tasks listed in this job description. The employer has the right to revise this job description at any time. This job description is not a contract for employment and either you or the employer may terminate your employment at any time for any reason.

We are committed to providing an inclusive and accessible application process for all candidates. If you require any assistance or accommodation due to a disability or any other reason, please contact us at [e-mail] to discuss your needs.