Specialist, Vendor Management, I, CMS
CarringtonPOSITION SUMMARY: Responsible for providing ongoing oversight of an existing network of third-party service providers, their company profile, and building a relationship with such vendors to monitor and ensure their continued compliance with our applicable company policies and regulatory guidelines. Escalate issues or concerns with compliance to appropriate leadership. Perform all duties in accord
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ance with the company’s policies and procedures, investor guidelines, all US state and federal laws and regulations, wherein the company operates.
The approved starting pay rate for this position is $24-$27/hour. WHAT YOU’LL DO: Review and assess large volume of documentation to complete existing vendor's annual review in accordance with regulatory compliance and internal policy. Monitor, track and conduct first level review of various vendor compliance documents throughout vendor oversight lifecycle, including contracts milestones and termination process documents, to ensure compliance with all company policies and procedures.
Responsible for monitoring and maintaining the ongoing oversight of an assigned pool of third-party vendors and escalating any identified risks, material change in business operations, or privacy issues. Monitor and maintain Vendor Management Department inbox to ensure timely processing of external and internal inquiries and requests Manage the vendor ongoing reviews and annual contract obligations and ensure accuracy of vendor management system and timely vendor notifications as needed. Escalate matters to leadership team timely if unable to resolve issue.
For new third-party vendors', conduct due diligence collection and evaluation of documents to ensure compliance with the company's rules and guidelines before submitting for approval through a formalized process. First point of contact for vendors and provide updates and on-going communication by running status reports and communicating with vendors through various means to follow up