AVP, Supplier Management

Organizational Overview:

Source-to-pay is the entire end-to-end process involved in procurement. It spans every process from spend management, strategic sourcing, third-party risk management, contract management, purchasing, performance management, travel & expense, procure to pay and supplier diversity.

Role Summary/Purpose:

Provides support to first line business functions across the entire lifecycle of supplier engagements

Assists in the management of the Supplier Management Programs Inherent Risk rating process

Support includes supplier risk profiling, advice on identification and resolution of risks, communications to functional management and assistance to functional teams on execution of Supplier Management Program activities

Supports the execution of supplier risk assessments for Information Security, Business Continuity / Disaster Recovery, Legal and Compliance, Technology, Financial, Model risk, and Physical Security in partnership with the Senior Supplier Risk Management Leader

Assists during crisis management support to the crisis teams

Supports supplier compliance with data privacy laws and regulations

This role also carries key approval responsibilities to ensure timely, accurate and prudent management of supplier risks.

Key Responsibilities:

Analyze and understand a wide range of risks in supplier relationships, and maintain the Supplier Management Program

Inherent Risk: Maintain proper supplier categorization and inherent risk profiling, including alignment with data classification standards, participate in IRS meetings for new/changes engagements

Execute IRS reviews and approvals

Support completion of required assessments at risk-based intervals to evaluate the strength of suppliers control environments in the assessment areas listed above

New onboarding: support risk analysis and advice for CAR CLM and Contract terms (SCL support)

Review existing relationships as new work is requested: Establish new relationships and IRS reviews for as required for modifications to existing services.

Data Share process: Support the approval process with supplier data and risk-based advice

Technology project support: Assist IT with SaaS governance, data classification, file transmission to suppliers, CMDB integrity/controls

Support IRS maintenance & controls to keep pace with risk landscape, regulatory changes and new products/services

Support the identification, development and adoption of best practices to identify, communicate and manage risk throughout the supplier lifecycle

Support the implementation of quality assurance processes to ensure accuracy and completeness of submitted surveys, documents and deliverables

Maintain ongoing awareness of regulatory guidelines, emerging issues and industry trends

Perform other duties and/or special projects as assigned

Required Skills/Knowledge:

Bachelor's Degree with minimum of 6+ years of leadership experience with ability to demonstrate leadership, execution, and significant business and/or bottom line contributions . In lieu of degree, must have 8+ years leadership experience.

3+ years experience interacting with suppliers, or in lieu of 3+ years supplier interactions, 3+ years operational risk management experience

Travel requirements up to 5%

Desired Skills/Knowledge:

5+ years managing a significant supplier relationship or overseeing third party risk

Financial Services industry experience with preference for broad knowledge of the consumer credit industry.

Experience managing to regulatory requirements

Success as an inclusive leader with a track record of leveraging cross functional teams for business success and achievement of stretch goals

Excellent relationship building skills across peer teams and key business stakeholders

Outstanding project planning and execution skills

Prior audit experience

Six sigma / Lean process management experience

Excellent communication skills including strong presentation skills at all levels of the organization and demonstrated ability to build consensus

Demonstrated process design and change management experience

Strong analytical and problem-solving skills to evaluate needs/opportunities

Competent computer skills including working knowledge of Microsoft Office and as well as project planning and execution tools

Eligibility Criteria:

Bachelor's Degree with minimum of 6+ years of leadership experience with ability to demonstrate leadership, execution, and significant business and/or bottom line contributions . In lieu of degree, must have 8+ years leadership experience