Supplier Risk Analyst - Remote

Vectra Bank; Houston (TX); Remote; USD 70,000 - 90,000; Full time

Job summary

Vectra Bank is seeking a Supplier Risk Analyst to join the Supply Chain Management Department. The successful candidate will conduct third-party risk assessments, manage vendor information, and work collaboratively to safeguard the bank’s risk profiles. This role offers a competitive salary and benefits starting on day one.

Benefits

Medical, Dental and Vision Insurance

401(k) plan with company match

Paid Training and 20 days of PTO

Tuition Reimbursement

Mental health benefits

Qualifications

• Requires 4+ years experience in vendor risk management or related fields.
• Advanced knowledge of vendor management and compliance is essential.
• Strong organizational skills and risk mindset required.

Responsibilities

• Perform third-party risk assessments for new and existing vendors.
• Synthesize inputs and develop risk assessments.
• Monitor and maintain vendor information and documentation.

Skills

Problem Solving

Analytical Skills

Relationship Management

Attention to Detail

Education

Degree in Business, Finance or related field

Tools

Spreadsheet Software

Database Software

Word Processing Software

Job description

Zions Bancorporation is one of the nation’s premier financial services companies operating as a collection of great banks under local brands and management teams in high-growth western markets. Zions is regularly recognized by American Banker magazine as having a top banking team in its list of “The Most Powerful Women in Banking.” Our customers consistently vote us as the best bank in our local markets., We value our employees, and we are committed to search out, recognize and create fulfilling opportunities for outstanding people within our organization, rewarding them for their contributions to our success. We recognize that banking is a “local” business, and that to be successful, we must have very strong ties to the communities we serve and strong relationships with our customers.

With benefits starting on day one, 12 bank holidays, profit sharing and company-matched 401(k) contributions, Zions is dedicated to being an employer of choice in our communities. At Zions, the possibilities are endless. You bring the talent; we bring the opportunity.

We are looking for a Supplier Risk Analyst to join the Supply Chain Management Department.

The Supply Chain Management department serves the needs of the Bank and its stakeholders regarding suppliers. We seek to help the company create value by acting as a trusted advisor to the businesses and executive managers we support, as well as safeguarding the Bank’s risks associated with suppliers. This is accomplished through fulfillment of our sourcing, legal, and risk responsibilities.

The Supplier Risk Management group manages and assesses suppliers throughout their lifecycle of providing products and services to Zions Bancorporation. This includes identifying risk through risk assessments, engaging with suppliers to discuss controls, and addressing control weaknesses identified through control assessments.

The Supplier Risk Analyst role is a great opportunity to continue to grow a risk career. Supplier Risk Analysts apply their risk knowledge to help all groups within the Bank effectively identify and mitigate risk. This leads to improved knowledge of how the Bank as a whole functions and provides great visibility to many executives through the Bank.

Responsibilities:

• Responsible for performing third-party risk assessments and analyzing the risk level of third-party engagements, both for new and existing vendors (as part of ongoing review and update cycles).
• Analyze due diligence documentation to arrive at risk assessment ratings against the Bank's risk methodology, and in accordance with regulatory and industry standards.
• Assess the adequacy of due diligence documentation received from vendors as level of QC before passing on to subject matter experts (SMEs), where necessary.
• Synthesize inputs from Bank's risk SME's, vendor documentation and conversations with lines of business to develop risk assessments.
• Author risk narratives to communicate what key risks are for an engagement or vendor and support why a certain risk level has been assigned.
• Monitor, analyze and maintain vendor information and documentation.
• Build strong relationships with lines of business and risk SMEs across the Bank.
• Uses a strong understanding of risk topics and mindset to actively challenge inputs (e.g. vendor and business claims).
• Contribute to and lead internal initiatives, including methodology enhancements and acting against workplans to deliver projects.
• Present, when required, analysis and findings to stakeholders and committees.
• Work with business units to ensure documentation is received and updated as needed.
• Work collaboratively with other teams in supply chain management as well as with stakeholders across the business.
• Keep current on regulatory requirements.
• Proficient in word processing, database and spreadsheet software and applications.
• Other duties as assigned.

Qualifications:

• Requires a degree in Business, Finance or related field
• 4 + years experience in vendor risk management, risk management, vendor management or other directly related experience or certifications.
• A combination of education and experience may meet requirements.
• Advanced knowledge of vendor management, regulatory requirements and compliance, third-party risk management, regulatory requirements and reporting.
• Excellent problem solving, project and vendor relationship management skills.
• Ability to take initiative and make sound decisions.
• Ability to set and maintain high quality work standards.
• Strong attention to detail.
• Must have a risk-mindset.
• Ability to deal effectively with people in various job capacities.
• Strong analytical, judgment and decision making skills.
• Demonstrate initiative and posses strong organizational skills.
• Excellent interpersonal, presentation and communication skill, both verbal and written.
• Advanced working knowledge of word processing, database and spreadsheet software and applications.

Pay Range:

• $70,000 to $90,000 (based upon relatable skills, experience and location)
• Medical, Dental and Vision Insurance - START DAY ONE!
• Life and Disability Insurance, Paid Parental Leave and Adoption Assistance
• Health Savings (HSA), Flexible Spending (FSA) and dependent care accounts
• Paid Training, 20 days of Paid Time Off (PTO) and 11 Paid Federal Holidays
• 401(k) plan with company match, Profit Sharing, competitive compensation in line with work experience
• Mental health benefits including coaching and therapy sessions
• Tuition Reimbursement for qualifying employees
• Employee Ambassador preferred banking products
• Employees may, at the company’s discretion, be eligible to receive a cash bonus award

This position will be open until filled.

All candidates, including those with criminal histories will be considered for employment. However, a background check adjudicated consistently with the FDIC Section 19 regulation will be completed on any candidate who accepts a conditional job offer from the Company. Because the Company is a financial institution, the FDIC guidelines apply to all positions within the company and as such any and all job duties have a direct relationship to a candidate’s criminal history and that criminal history would need to align with the FDIC Section 19 regulations.

Zions Bancorporation, National Association prohibits illegal discrimination and reaffirms its policy of providing Equal Employment Opportunity (EEO), by extending equal employment and advancement opportunities to all employees and applicants for employment, without regard to race, color, religion, age (40 and over), sex, pregnancy, gender, disability, national origin, ethnic background, citizenship, protected veteran status, military service, sexual orientation, gender identity, genetic information or any other characteristic protected by applicable federal, state or local law.

It is the Company’s policy not to discriminate because of a person’s relationship or association with a protected veteran. This includes spouses and other family members. Also, Zions will safeguard the fair and equitable treatment of protected veteran spouses and family members with regard to all employment actions and prohibit harassment of applicants and employees because of their relationship or association with a protected veteran.

Applicants Requesting Accommodations: If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to use or access our career site. You can request reasonable accommodations by contacting us at [e-mail] or 801/844-7618. Please email your resume/cover letter, indicate what position you are interested in and include "Accommodation needed" in the subject line to ensure your information is routed to the appropriate contact.

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Vectra Bank a division of Zions Bancorporation, N.A. Member FDIC