Vendor Lifecycle & Risk Administrator

Farmers & Merchants Bank of Central California; Lodi (CA); On-site; USD 70,000 - 100,000; Full time

Benefits offered by this job

Equal opportunity employer

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Job summary

F&M Bank of Central California is actively seeking an experienced Vendor Management Administrator to oversee the Bank’s Vendor Management Program and monitor third‑party relationships to ensure services are delivered in compliance with bank policies, regulatory requirements, and contractual obligations.

This role supports risk management, vendor compliance, and the overall execution of the Bank's Vendor Management Program.

Qualifications

• 2–7+ years of experience in vendor management or related fields.
• Strong understanding of third‑party risk management frameworks.
• Experience with contract review and SLA management.
• Familiarity with regulatory expectations for financial institutions.
• Strong analytical and communication skills.
• Proficiency in vendor management systems.
• Excellent Excel, Word, and database management skills.
• Professional designations like CRVPM or SRM are a plus.

Responsibilities

• Manage end-to-end vendor lifecycle from assessments to offboarding.
• Ensure vendor relationships comply with bank policies and regulatory requirements.
• Manage vendor risk assessments (financial, operational, cybersecurity, and compliance).
• Track and evaluate vendor performance against SLAs and KPIs.
• Collaborate with senior management and IT during vendor selection and review processes.
• Review contracts and amendments with senior and department management.
• Maintain accurate vendor inventory and documentation in vendor management systems.
• Identify cost-saving opportunities and support vendor consolidation initiatives; elevate vendor issues and ensure timely resolution of service disruptions.
• Manage internal and external audits related to vendor management activities.
• Monitor concentration risk and diversify vendors.
• Report progress/ results of annual due diligence as required by the Bank’s VMP.
• Participate in other Risk Management projects, as assigned.

Skills

Vendor management

Procurement

Risk management

Operations

Contract review

SLA management

Analytical skills

Communication skills

Project management

Excel

Tools

Vendor management systems

Excel

Word

Databases

Job description

F&M Bank of Central California is actively seeking an experienced Vendor Management Administrator to oversee the Bank’s Vendor Management Program and monitor third‑party relationships to ensure services are delivered in compliance with bank policies, regulatory requirements, and contractual obligations.

This role supports risk management, vendor compliance, and the overall execution of the Bank's Vendor Management Program.