Senior Advisor, Supplier Risk
Senior Advisor, Supplier Risk
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1 Vacancy
Job Description
The role:
We are seeking a skilled and experienced Senior Advisor Supplier Risk to join our dynamic team. As a key contributor you will play a crucial role in the development and execution of a supplier rationalization plan and strategy aimed at optimizing vendors across various dimensions including quality capacity systems and responsiveness. This role involves working closely with business partners procurement legal third-party risk and information security teams to facilitate new supplier evaluations and onboarding ensuring alignment with business requirements and compliance standards.
By joining SoFi youll become part of a forward-thinking company that is transforming financial services for the better. We offer the excitement of a rapidly growing startup with the stability of an industry leading leadership team.
What youll do:
The Senior Advisor Supplier Risk will help SoFi improve vendor management and internal communication by:
- Driving supplier rationalization strategy and execution across enterprise business units.
- Provide risk and operational oversight across the third party lifecycle (from onboarding to offboarding).
- Ensure adherence to service level agreements (SLAs) performance standards and contractual obligations.
- Drive governance routines to track third party performance issue remediation and risk mitigation.
- Assist in negotiating favorable terms pricing and service level agreements with third parties
- Facilitate new supplier evaluations and onboarding collaborating with cross-functional teams.
- Collaborate with cross-function teams (e.g. IT legal cybersecurity privacy procurement) to align risk and control expectations.
- Development and execution of frameworks tools and reporting for third party engagements.
- Identify and escalate emerging third party risks and control gaps across engagements.
- Establishing process improvements for third parties and enhancing interactions within the organization.
- Providing reporting to various levels of executive and management forums.
What youll need:
- 5 years of third party risk management experience in the financial services industry.
- Comprehensive knowledge of Third Party Risk Management methodologies risk mitigation principles and regulatory expectations related to the financial services industry
- Proven ability to navigate interagency regulatory guidance.
- Strong working knowledge of supplier management best practices and industry trends
- Proven experience driving initiatives to achieve cost savings and efficiencies through strategic vendor partnerships and innovative solutions
- Proficient in computer skills including spreadsheets word processing and business solutions software.
- Familiarity with navigating and interpreting complex procedures policies and agreements.
- Strong team-building relationship management and project management skills.
- Robust business analysis and problem-solving abilities including data manipulation and analysis.
- Ability to multitask work effectively in a team environment and adapt to changing priorities.
- Bachelors degree
Nice to have:
- Experience in financial services with exposure to fraud prevention credit strategy collections and recovery risk management and/or a related field
Required Experience:
Senior IC
Employment Type
Advisor
