Vendor Program Specialist

Company: Educational Federal Credit Union
Location: Miami
Posted on: September 23, 2022

Job Description:

POSITION OVERVIEWAct as a liaison between the organization's business lines and third party vendors, to ensure that required due diligence documentation for new vendors is received. Work with organizational business units to ensure that required annual vendor risk review documentation is received. Promptly and accurately complete all assignments, related to the organization's Vendor Management Program. Maintain the Credit Union's Vendor Management Program in compliance with the Credit Union's policies and procedures, as well as, all applicable rules, regulations, and agency guidance. Essential Functions and Position Duties---Coordinate the receipt of required new vendor due diligence documentation from various business lines, including submitting security-related documents for review and approval in accordance with the Credit Union's Information Security Policy.---Complete the annual vendor risk review process, ensuring all required documentation is obtained and stored.---Submit Third Party Vendor Risk Assessment ratings and Vendor Performance Management Strategy forms to the Risk Manager for review. ---Identify vendor documentation exceptions and prepare a report for review by management.---Act as the system administrator for the Credit Union's third party vendor management system, ensuring all due diligence documentation is uploaded and tracked.---Track key contracts, including contract expiration, term and notice period, to facilitate timely proposals for contract renewals. ---Collaborate with Accounts Payable to ensure all applicable vendors receiving payments have been vetted in accordance with vendor due diligence requirements. ---Compile due diligence information to assist with periodic audits of the Vendor Managemnt Program.---Participate in the workflow processes, methods, and policies for acquiring third party vendors.---Conduct an annual review of all forms, procedures, and polices used for the Vendor Management Program. Update and publish changes as applicable.---Manage assigned vendor relationships.---Complete other duties as assigned.

Keywords: Educational Federal Credit Union, Miami , Vendor Program Specialist, Other , Miami, Florida