New

Vendor Risk Professional

Western Alliance Bancorporation
dental insurance, tuition assistance, 401(k)
United States, Ohio, Columbus
Sep 16, 2025
Job Title: Vendor Risk Professional Location: CityScape What you'll do: The Vendor Risk Professional will assist the Senior Manager of Third Party Management Services "TPMS" in ensuring our external providers are performing to the same high standards that Western Alliance Bank holds itself accountable to including client service, quality, control, regulatory compliance, business resiliency and protection of information. The Vendor Risk Professional will administer the full life cycle for third party management processes from onboarding new vendors, managing existing third-party relationships, building risk assessment, assessing controls, and review vendors based on required regulations. You will build risk assessment and KRI\KPI based on risk profiles, prepare audit documentation, facilitate due diligence questionnaires and draft operational and compliance SLA(s). This role will assist with monitoring vendor compliance with federal regulations regarding technology, security, operations, and data protection. The Vendor Risk Professional will be responsible for overseeing the initial approval and renewal processes for the Company's Vendors as well as their ongoing monitoring. Manage the daily vendor management operations. Ensure the department follows the strategic direction, prioritization, mission, and vision of the Vendor Management (VM) office and its core operations. Implement VM program within the platform tool(s) for use in core operations, including vendor onboarding, vendor tracking, analytics, and vendor performance management. Monitor adherence to the Corporate Vendor Management Policy by reviewing and maintaining vendor documentation to ensure accuracy and completeness. Implement the vendor management operational and compliance risk and controls methodology. Conduct privacy impact analysis to determine privacy compliance status for vendors with access to NPI data. Facilitate contract review between business partners, vendors, and legal. Prepare documents, support internal\external discussions regarding vendor management issues, and maintain vendor compliance and approval of vendor access. Leverage standard frameworks such as NIST, ISO, COBIT, policies standards, and produces to recommend mitigating control to meet regulatory requirements specifically SOX, CCPA, GDPR, PCI or ISO 27001. Work with Legal to define and build contract term playbook library. Manage the vendor management department's internal and external audits and issues. Assist line of business (LOB) and compliance to develop, implement, and manage reporting of Score Card, and KRI based on agreed SLA. Develop, implement, monitor, and report performance measures that demonstrate value and ensure vendor performance. Act as a primary liaison with LOB and TPRM 2nd Line to build risk assessment and required control as well as align the outstanding issues to the risk assessment and monitor the resolution of issues. Assist procurement services teams to ensure compliance with vendor management policy, sourcing, and negotiated agreements relating to core operations services and products. What you'll need: 5+ years of related experience in Vendor Management, Risk Management or similar field. Bachelor's degree or equivalent experience required; Bachelor's degree in related field preferred. Intermediate knowledge of general banking or financial services is preferred. Intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices. Intermediate experience related to FFIEC auditing regulations, or similar financial industry requirements is strongly desired. Experience with compliance and related mortgage lending controls preferred. Advanced skills in computer productivity programs (Windows, Microsoft Word, Excel, Outlook. Powerpoint) Intermediate to advanced extensive hands-on experience in Risk Management Technology Platforms (i.e. ProcessUnity, Venminder, SAI360, RSA-Archer). Experience building Risk Control Self-Assessment (RCSA), TPRM, Application control Testing, SOX compliance Testing, Vulnerability Analysis, Change management, and Data Cryptography. Intermediate speaking and writing communication skills Certification(s) in COSO internal control framework, IT control objectives (COBIT) guidelines, NIST Cyber Security Framework, ISO 27001, PCI-DSS, GDPR, or GBLA preferred Benefits you'll love: We offer all the important things you'd want - like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career! About the company: Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC. AmeriHome Mortgage is a Western Alliance Bank company. Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process. Western Alliance Bancorporation