Vendor Risk Assessment Coordinator

ProSearch; Portland (ME); Hybrid; USD 41,328 - 46,838; Full time

Job summary

A FinTech company in Southern Maine is seeking a Vendor Risk Assessment Coordinator. This contract to hire role involves managing vendor risk evaluations, coordinating with internal teams, and ensuring compliance with regulatory standards. Candidates should have 2-4 years of experience in vendor or risk management. The role offers $30-$34/hr, requiring two days onsite in Portland and is ideal for those looking to enhance their risk management skills.

Qualifications

• 2–4 years in vendor management or related field.
• Knowledge of third-party risk management frameworks.
• Familiarity with regulatory standards.

Responsibilities

• Conduct initial and ongoing risk assessments of vendors.
• Coordinate vendor due diligence activities.
• Prepare regular reports on vendor risk posture.

Skills

Vendor management

Risk assessment

Regulatory compliance

Analytical skills

Communication skills

Tools

Google Suite

MS Excel

Job description

Overview

We are currently seeking a contract to hire Vendor Risk Assessment Coordinator for a FinTech client in Southern Maine. This individual will be responsible for managing and coordinating the risk evaluation process for third-party vendors, suppliers, and service providers. The coordinator will act as the liaison between internal stakeholders (procurement, legal, compliance, IT security, and business units) and vendors to identify, assess, and mitigate potential risks.

Base pay range

$30.00/hr - $34.00/hr

Responsibilities

• Conduct initial and ongoing risk assessments of vendors.
• Review vendor security, compliance, financial stability, and operational controls.
• Maintain a centralized and up to date vendor risk management database and documentation.
• Coordinate vendor due diligence activities, including questionnaires, audits, and certifications.
• Ensure vendors comply with regulatory requirements.
• Track and monitor vendor performance.
• Stakeholder coordination: work closely with procurement, legal, IT security, and compliance teams to align vendor risk management with business needs.
• Create and share reporting to stakeholders and assist in developing mitigation plans.
• Support contract reviews by highlighting vendor risk considerations.
• Monitoring & Reporting: maintain records of vendor risk assessments and remediation activities.
• Prepare regular reports and dashboards for leadership on vendor risk posture.
• Escalate high-risk vendors and issues requiring senior management review.

Qualifications

• Experience: 2–4 years in vendor management, risk management, risk assessment, compliance, procurement, or a related field.
• Knowledge of third-party risk management frameworks and methodologies.
• Familiarity with regulatory standards and compliance requirements.
• Strong analytical, organizational, and documentation skills.
• Excellent communication and stakeholder management abilities.
• Proficiency with Google Suite (Google Sheets).

Preferred Qualifications

• Experience with MS Excel
• Prior experience with Certa
• Detail-oriented and methodical approach to risk assessment.
• Ability to manage multiple deadlines simultaneously.
• Strong problem-solving and critical-thinking skills.
• Collaborative mindset with ability to influence across departments.

Employment details

This position is a contract to hire role and requires 2 days onsite in Portland. Monday-Friday, 8-5. $30-34+/hr., depending on experience. This is a great opportunity for a candidate looking to expand their risk experience!