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Job Responsibilities:

• Program Development and Management.
• Provide leadership, strategic direction, oversight and management of the bank’s supplier risk management program in collaboration with bank business units. 
• Responsible for risk management of all bank suppliers including compliance, scheduling, and issue reporting and remediation.
• Lead all regulatory and internal audit interactions related to supplier risk. 
• Lead supplier risk communication, training and change management efforts.
• Participate in internal/external forums to develop and provide supplier risk thought leadership. 
• Reporting, Policy Management, and Regulatory Support.
• Responsible for supplier risk management assessment programs.
• Track all external risks/issues including remediation efforts and potential exiting of supplier.
• Evaluate supplier risk assessment results and deliver recommendations to stakeholders.
• Analyze responses to supplier inherent risk assessment questionnaires and review supporting documentation (SOC reports, etc.) received from suppliers to identify and evaluate risks. 
• Interview key vendor personnel, as necessary.
• Work directly with suppliers to assist them in managing operational risks. 
• Partner with internal business owners to assist them in managing supplier operational risks. 
• Develop standardized reporting to enable continuous monitoring against program goals.
• As required, develop periodic reports to present to bank leadership and regulators (FHFA).
• Represent the group in the Annual Risk Audit (ARA) process.
• Lead the development and maintenance of all Procurement-related Supplier Risk policies.

Skills/ Knowledge:

• Bachelor's degree. 
• Extensive knowledge of supplier risk, with 8+ years in a procurement organization in a similar role, or commercial risk, or risk management consulting firm; financial services preferred.Knowledge of procurement/sourcing best practices in financial services – benchmarking, negotiation skills, demand/forecast planning, contract administration, procurement governance, regulations.
• Demonstrated ability to manage projects, people and resources in financial services environment.
• Understanding of complex computer systems/procurement technology - P2P, contract lifecycle management, supplier onboarding/performance management, risk assessment, and ERP systems.
• Experience developing risk management strategies and supporting business in delivering on them.
• Able to work across organizational boundaries with all levels; excellent communication skills.
• Knowledge of industry compliance requirements (state, federal and regulatory requirements).
• Knowledge of IT risk controls/compliance frameworks (SOC2, ISO 27001, NIST 800 series, ITIL).
• Strong working knowledge and application of Microsoft Office Suite (Word, Excel, PowerPoint).
• Prefer experience with government subcontracting reporting requirements and FHFA entities.