Associate Vendor Management Analyst
Associate Vendor Management Analyst
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$ 55000 - 90000
1 Vacancy
Job Description
About Us
Live Oak Bank is a digital bank that serves small business owners across the country. Our groundbreaking spin on service and technology has fueled our mission to be Americas Small Business Bank. Our products help customers buy build and expand their business and our highyield savings and CD products help them grow their hardearned money. At Live Oak we never lose sight of the wellbeing of our people. We believe our employees are the heart of our company. Our commitment to our customers and culture is intertwined and we seek those who embody and embrace what it takes to empower the American dream.
How This Role Impacts Live Oak and its People
This position will be responsible for the Vendor Management process flow including system updates reporting and contract handling. This position will work closely with all business lines in addition to Senior Vendor Manager.
What Youll Do at Live Oak
Primary responsibility is to support the critical tools processes and management information necessary to support an operational Vendor Management function.
Demonstrate a high level of technical knowledge in data and database analysis applying their expertise in defining new and innovative solutions and automating processes whenever possible that drive risk mitigation.
Coordinate the handling of renewal of agreements as well as appropriate handling of any terminations.
Provide system support and timely reporting to Business Owners and maintenance and evolution of reporting of key Vendor Management metrics within the software application.
Assist with onboarding activities of third parties as required within the Vendor Management Program.
How Youll Do It
Manage the backend infrastructure and databases that support the Vendor Management tools processes and management information necessary to support an operational Vendor Management function.
Assist with development and maintenance of the Vendor Management software including all workflow and reporting methodology.
Maintenance and continuous development and evolution of reporting in the Vendor Management software application and issuance of recurring reports. Providing quality attestation to the management information in such reports.
Provides first line application support to the Vendor Management software application users including training sessions.
Works with a range of stakeholders across the Bank to manage user access requests and provisions.
Adheres to compliance procedures and internal Vendor Management controls in accordance with any and all applicable regulatory standards requirements and policies.
Required and Preferred Experience
13 years of relevant Vendor Management Third Party Risk Management or related experience
Experience supporting financial/banking industries preferred.
Experience in data analytics and manipulation including the use of querying tools preferred.
Fundamental understanding of Risk Management lifecycle.
Experience in analysis and presentation of data producing clear and concise reports
Experience in supporting userbased applications.
Experience of managing relationships with business stakeholders and building positive relationships.
Good understanding of general business processes strong research capabilities troubleshooting skills and a natural drive to improve utilization of systems capabilities.
Welldeveloped analytical skills problem solving and good critical thinking skills.
Wellorganized ability to prioritize multiple tasks and to bring open projects to closure.
Ability to gather and analyze information identify root causes and suitable solutions.
High level of attention to detail and quality assurance.
Excellent interpersonal and communication skills and ability to respond positively to rapidly changing priorities and business needs.
Demonstrated strong and sound decision making abilities.
Ability to work well in a timesensitive and at times confidential environment and handle a variety of matters or projects simultaneously.
College degree or relevant experience
Our Values
Dedication:Possess a deep commitment to Live Oak Banks mission and core values exemplified through a strong work ethic adaptability and pride in your work.
Ownership:Take initiative to deliver positive results by proactively and creatively solving problems while maintaining a high degree of quality.
Respect:Treat everyone courtesy politeness and kindness.
Innovation:Embrace fresh ideas and fearlessly contribute new solutions to emerging or existing problems.
Teamwork: Foster collaboration accountability and trust with others and understand that together we do more
For a detailed overview of our employee benefits please visit: Oak Bank is an Affirmative Action and Equal Opportunity Employer Minorities/Women/Veterans/Disabled. We consider applicants for employment without regard to race color religion sex sexual orientation gender identity national origin age genetic information veteran status or disability. Equal access to programs service and employment is available to all persons. Those applicants requiring reasonable accommodation to the application and/or interview process should notify human resources at
Commitment to Diversity
Live Oak Bank is committed to creating and maintaining a workplace in which all employees have an opportunity to participate and contribute to the success of the business and are valued for their skills experience and unique perspectives. This commitment is embodied in company policy and the way we do business at Live Oak Bank and is an important principle of sound business management.
Please note that we provide at least the minimum requirement of paid sick leave to our employees who reside in states that require employerpaid sick leave including but not limited to Arizona California Colorado District of Columbia Maine Maryland Massachusetts Michigan Nevada New Jersey New Mexico New York Oregon Rhode Island Vermont and Washington.
Required Experience:
IC
Employment Type
Full-Time
