Vendor Management Associate: Partnerships & Risk

Santander

United States

Remote

USD 71,000 - 120,000

Full time

4 days ago
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Job summary

Santander is seeking an Associate, Vendor Management in the United States to lead vendor relationships, conduct business reviews, and ensure third-party risk management standards are met.

The role requires 5+ years in vendor management, a bachelor’s degree in business or related field, and strong negotiation and communication skills. You will coordinate cross-functional teams and support contract negotiations while maintaining compliance.

Qualifications

  • Experience in vendor management, partner relations, or a similar role within a related industry.
  • Strong understanding of Third-Party Risk Management (TPRM) standards and best practices.
  • Excellent communication and negotiation skills with the ability to influence stakeholders at all levels.
  • Highly organized with exceptional attention to detail and ability to manage multiple priorities in a fast-paced environment.
  • Proficiency in Microsoft Office Suite and experience with vendor management software is preferred.

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 concerns promptly.
  • Manage the onboarding process for new vendors, including timelines, documentation, and introductory meetings.
  • Request and review certificates of insurance from vendors to ensure compliance with contractual requirements.
  • Oversee timely upload and review of vendor reports, ensuring data accuracy and completeness.
  • Collaborate cross-functionally with procurement, legal, and finance to streamline processes and resolve vendor-related issues.
  • Monitor vendor performance metrics and provide regular updates to internal stakeholders, identifying areas for improvement and implementing corrective actions.
  • Build and maintain strong partnerships with the various business line owners supported.

Skills

Vendor management
Negotiation
Communication
Organization
Attention to detail

Education

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

Tools

Microsoft Office Suite
Vendor management software

Job description

Santander is seeking an Associate, Vendor Management in the United States to lead vendor relationships, conduct business reviews, and ensure third-party risk management standards are met.

The role requires 5+ years in vendor management, a bachelor’s degree in business or related field, and strong negotiation and communication skills. You will coordinate cross-functional teams and support contract negotiations while maintaining compliance.

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