Strategic Vendor Risk & Contracts Specialist

Credit One Bank; Las Vegas (NV); On-site; USD 70,000 - 100,000; Full time

Job summary

Credit One Bank is seeking a Strategic Sourcing and Vendor Management professional to support contracting and relationship management for third‑party service providers. The role requires due diligence, risk assessments, and monitoring to align with bank policies and risk frameworks.

You will work with Legal, IT, business owners, and TPSPs to drive negotiations, manage relationships, and ensure compliant procurement decisions across the organization.

Qualifications

• Bachelor's degree in Finance, Economics, Business, Risk Management, or a related field.
• 2+ years of relevant experience in Banking, Financial Services, Insurance, Risk Management, Vendor Management, Compliance, or related discipline.
• Working knowledge of Third-Party Risk Management principles, risk assessments, vendor due diligence, and control monitoring practices.
• Strong analytical and problem‑solving skills with the ability to evaluate information and identify potential risks.
• Ability to manage multiple assignments and prioritize work in a deadline-driven environment.
• Strong written and verbal communication skills with the ability to collaborate across departments.
• Experience reviewing contracts, vendor documentation, and risk-related materials.
• Proficiency in Microsoft Office applications, including Excel, PowerPoint, Word, and Visio.

Responsibilities

• Support Third-Party Risk contracting and relationship management activities for assigned Third-Party Service Providers (TPSPs).
• Thoroughly evaluate and complete full assessment of new third party products and services to ensure all business units bank wide have strong understanding of contracted products with a goal to reduce third‑party redundancy across the bank.
• Conduct routine and periodic risk assessments on assigned TPSPs in accordance with established frameworks and procedures.
• Prepare and maintain required Third-Party Risk documentation, inventories, assessments, and tracking reports.
• Monitor contractual requirements, service level agreements (SLAs), and third‑party deliverables, serving as the central point of contact to communicate identified issues to bank stakeholders and executive leadership.

Skills

Third-Party Risk Management

Contract Negotiation

Risk Assessment

Vendor Management

Analytical Skills

Communication

Education

Bachelor's degree in Finance, Economics, Business, Risk Management, or related field

Tools

Excel

PowerPoint

Word

Visio

Job description

Credit One Bank is seeking a Strategic Sourcing and Vendor Management professional to support contracting and relationship management for third‑party service providers. The role requires due diligence, risk assessments, and monitoring to align with bank policies and risk frameworks.

You will work with Legal, IT, business owners, and TPSPs to drive negotiations, manage relationships, and ensure compliant procurement decisions across the organization.