Associate Vendor Risk Analyst

Bessemer Trust; New York (NY); Hybrid; USD 85,000 - 110,000; Full time

Job summary

An established industry player is seeking an Associate Vendor Risk Analyst to support their Vendor Risk Management team. This role involves providing critical operational and administrative support, enhancing vendor management processes, and ensuring compliance. The ideal candidate will possess strong organizational skills and be proficient in Microsoft Office, with a focus on collaboration and communication. Join a dynamic team that values efficiency and effectiveness in vendor oversight, and contribute to a culture that prioritizes client interests and risk management excellence.

Benefits

401(k) with profit sharing

Comprehensive medical, dental, and vision plans

Paid time off and parental leave

Employee assistance programs

Wellness programs

Tuition reimbursement support

Competitive base salary

Discretionary annual bonus

Qualifications

• 2+ years of administrative support in compliance or vendor management.
• Exceptional organizational and communication skills required.

Responsibilities

• Support vendor management processes and improve operational workflows.
• Assist in tracking vendor risk reviews and maintain management files.

Skills

Organizational Skills

Time Management

Communication Skills

Attention to Detail

Microsoft Office Proficiency

Education

Bachelor’s Degree

Tools

IntelAgree

Oracle

Job description

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The Vendor Risk Management team plays a vital role in ensuring compliance and reducing risk for the organization. Reporting to the Vendor Risk Manager, the Associate Vendor Risk Analyst will provide critical administrative and operational support to the Vendor Risk Management team.

Primary Responsibilities

Operational Support:

• Foster cross-functional collaboration by serving as an advisor for the business units on vendor related matters and processes.
• Partner with and help educate business units regarding vendor management, risk, and oversight.
• Support the Vendor Risk Management team in using internal systems and platforms (e.g., IntelAgree, Oracle).
• Assist in improving operational workflows to enhance efficiency in vendor management processes.
• Assist with internal and external audits.
  
  

Administrative Support

• Schedule, prepare, organize, and distribute meeting agendas and materials for the Vendor Management Committee.
• Maintain and update vendor management files ensuring accuracy and completeness.
• Assist with creating and editing reports.
• Assist in tracking the progress of vendor risk reviews.
• Collect pertinent documentation from external vendors.
• Monitor deadlines for vendor deliverables and ensure timely follow-up.
• Maintain and update the vendor management intranet site.
  
  

Qualifications

• Bachelor’s degree or equivalent experience.
• 2+ years of administrative support preferably in a compliance, regulatory, risk management, or vendor management environment.
• Exceptional organizational and time management skills, with the ability to prioritize and multitask.
• Strong written and verbal communication skills.
• Detail and control oriented, thorough, and highly motivated.
• Ability to work independently as well as collaboratively in a team environment.
• Proficient in Microsoft Office.
  
  

The base salary range for this position is $85K-$110K. Actual salaries will vary and will be based on various factors, such as skills, experience, and qualification for the role. It is not typical for offers to be made at or near the top of the range.

In addition, this position may be eligible for a discretionary incentive-based bonus based on individual and company performance.

Eligible employees may participate in a 401 (K) program with a company profit sharing contribution, medical, dental, vision, life insurance and disability covering and paid holidays, vacation, and sick days.

About Bessemer Trust

Bessemer Trust is a leading multifamily office, overseeing more than $200 billion in assets for over 3,000 individuals and families of substantial wealth. Its 1,200 employees are singularly focused on private wealth management — disciplined investment management, sophisticated wealth planning, comprehensive family office services, and highly personalized client service.

Established in 1907 as the family office for Annie and Henry Phipps, Bessemer Trust is in its seventh generation of ownership by the Phipps family. As a self-made entrepreneur, Henry Phipps was a founding partner and chief financial officer of Carnegie Steel.

Bessemer Trust retains its original focus as a privately owned and independent wealth manager deeply committed to its mission of providing peace of mind to its clients. Bessemer’s adherence to putting clients’ interests first, fiduciary mindset, and highly collaborative culture are at the heart of everything the firm does.

Key Facts

• For more than 117 years, Bessemer Trust has operated continuously in a single line of business, independently owned by one family.
• Headquartered in New York’s Rockefeller Center, Bessemer Trust has 22 offices in total. Woodbridge, NJ, is one of the firm’s largest offices, which hosts a wide range of technology and operations professionals. In addition to its sizable presence in New York and Woodbridge, the firm provides client service through offices in Atlanta, Boston, Chicago, Dallas, Delaware, Denver, Garden City, Grand Cayman, Greenwich, Houston, Los Angeles, Miami, Naples, Nevada, Palm Beach, San Diego, San Francisco, Seattle, Stuart, and Washington, D.C.
• To watch a video about Bessemer Trust’s history, click here.
• To learn more about Bessemer Trust, click here.
  
  

About Our Employee Rewards And Benefits

We provide exceptional rewards and benefits that are among the best in the industry, giving our people access to a wide range of options, including:

• Competitive base salary plus discretionary annual bonus for select positions
• A 401(k) plan with a generous annual profit-sharing contribution
• Personalized development and career opportunities, including tuition reimbursement support
• Comprehensive medical, dental, and vision plans with zero contributions for employee coverage
• Employee assistance (EAP) and wellness programs
• Hybrid work environment: 60% in office, 40% remote for most positions
• Paid time off and paid parental leave
• Employer-paid life insurance and short- and long-term disability coverage
• Legal services and financial wellness plans at no cost to employees
  
  

Bessemer Trust is committed to creating a diverse and inclusive environment and is proud to be an equal opportunity employer. We encourage candidates of diverse backgrounds to apply.

Seniority level

• Seniority level

  Entry level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Sales and Business Development

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