Vendor Risk Management Associate

Job description

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Overview

The VRM Associate supports the development, implementation & ongoing monitoring of the bank’s Third Party / Vendor Risk Management Program. Responsible for performing key activities throughout the third-party lifecycle, including onboarding, risk assessment, due diligence, ongoing monitoring, issue management, offboarding, reporting & compliance duties. Works closely with all relevant stakeholders to ensure that third-party relationships are appropriately assessed, monitored & managed in accordance with internal policies, procedures & applicable regulatory requirements.

What you'll be doing Key responsibilities include:

• Manage the third-party onboarding process Is in charge of initial third-party risk assessments
• Collect, review, and maintain required due diligence documentation
• Evaluate third parties based on relevant risk categories
• Ensure required approvals are obtained before third-party services are initiated
• Identify and escalate gaps or exceptions identified during the onboarding process
• Conduct periodic and event-driven risk assessments of third parties
• Monitor third-party risk profiles and changes in risk ratings
• Track required reviews, assessments, certifications, and supporting documentation
• Monitor key risk indicators and Key Performance Indicators (KPIs)
• Identify emerging third-party risks
• Verify the required risk-related provisions, assessments, and approvals
• Manage the third-party offboarding process
• Track the return or destruction of information and assets, where applicable.

Who we are looking for We would be pleased to hear from you if you have:

• Bachelor's degree in Business, Risk Management, Supply Chain Management, or a related discipline preferred At least
• 3 years of experience in third-party risk management, vendor management, or a related control function
• Knowledge of third-party/vendor risk management principles and lifecycle processes Understanding of risk assessment methodologies and control frameworks
• Proficiency with Microsoft Office applications, particularly Excel and PowerPoint Experience working within a regulated financial-services environment preferred.

What we offer The salary range for this position is 70k $- 95k $ About us We are the leading banking group in Italy and one of the Top Tier in Europe. Join us and be part of our successful story! With over 20 million customers in Italy and abroad, we are a true engine of sustainable growth, with a strong commitment to the environment and a tangible impact on society.

People are our driving force. We take care of them and foster an inclusive culture where everyone feels valued and empowered. The IMI Corporate & Investment Banking Division is a global partner for Corporate, Public Finance and Financial Institutions clients. Committed to supporting the economy in the countries in which it operates, it stands out for its historical presence in financial markets and its extensive and innovative offer.

Join an international and innovative Group. Don't wait for the future, choose it! #sharingfuture We guarantee an inclusive and equal environment. We will consider all applicants regardless of race, religion, sexual orientation, gender identity, marital status, national origin, age, disability, or any other protected category in compliance to D.lgs. 198/2006, 215/03 and 216/03. For the evaluation of the application, the data will be processed by Intesa Sanpaolo S.p.A. as Data Controller.

We invite you to review the dedicated Privacy Information Notice for more details.