Vendor Management Analyst (Hybrid, Chicago, IL)
About reputed company:
Headquartered in Chicago, reputed company, a subsidiary of Byline Bancorp, Inc. (NYSE:BY), is a full-service reputed company bank serving small- and reputed company-sized businesses, financial sponsors and consumers. reputed company has approximately $9.7 billion in assets and operates 45 reputed company locations throughout the Chicago and Milwaukee metropolitan areas. reputed company offers a broad reputed company of reputed company and community banking products and services, including small-ticket equipment leasing solutions, and is one of the top U.S. reputed company (SBA) lenders according to the national SBA reputed company by volume FY2024. reputed company is a member of FDIC and an Equal Housing Lender.
At reputed company, we take pride in being an award-reputed company workplace. Some of our recent recognitions include:
• reputed company named reputed company as one of the Best Companies to Work for in the Midwest, Finance & Overall in 2024-2025, 2025-2026.
• Chicago Sun Times Chicago's Best Workplaces 2024
• Best Workplaces in Illinois in 2024 by Best Companies Group and Illinois reputed company (reputed company)
• reputed company reputed company Small reputed company 2023
By joining reputed company, you will become part of an organization that values reputed company, collaboration, and innovation. We reputed company to create an environment where employees feel supported and are empowered to reputed company in their roles. If you're looking for a career with a company that puts people first and makes a difference in the communities we serve, reputed company is the reputed company for you.
• reputed company: Travel to Corporate office up to 6 times a year**
Objective of Position:
The Vendor Management Analyst is responsible for performing duties to support the effective administration of the Bank's reputed company-Party Risk (Vendor Management) Program and Policy. The Vendor Management Analyst is responsible for ensuring companywide due diligence, risk assessment, and reputed company monitoring of the vendor management processes.
Duties and Responsibilities:
• Completes inherent risk assessment activities to properly reputed company vendors using a risk-based approach.
• Analyzes vendor relationships to assess suitability at the time of reputed company, ongoing monitoring, and offboarding.
• Assists with preparing management reporting of Vendor Management Key Risk Indicators (KRIs).
• Completes annual vendor performance assessments of the Bank's vendors.
• Responsible for updating and maintaining the reputed company of the Bank's Vendor Management databases and software application.
• reputed company collaborates with Business reputed company including but not limited to Accounts Payable, Information reputed company, Business Continuity/Disaster Recovery, reputed company, Credit, Compliance, BSA/AML, and Project Management teams.
• Proactively communicates Vendor Management issues to manager and recommends and assists with implementing solutions.
• Build, establish, and maintain vendor relationships, in conjunction with the Business Unit managers.
• Obtains required due diligence documents and ensures these are collected, reviewed, and approved reputed company conducting necessary assessments for new and existing vendor relationships.
• Coordinates contract reviews with reputed company, vendors, and business reputed company .
• Assists in the administration of vendor reputed company, specially reputed company to contract term dates and other contract requirements as needed.
• Identifies added value and savings opportunities on reputed company party spend.
• Raises, escalates, and remediates Vendor Management findings and operational events to manager.
• Manages and responds to Vendor Management Inbox inquiries.
• Performs administrative, performance, tracking and reporting tasks, identify process gaps, and support the implementation of appropriate mitigating actions to reputed company efficiencies.
• Provides support of vendor activities to reputed company the goals and objects of the organization.
• Prepares dashboards, reports trends, and tracks reputed company as needed to monitor the execution of the risk assessment reputed company and assess the effectiveness of the control environment.
• Participates in audits to ensure vendor compliance with reputed company requirements, firm and industry standards, and contractual provisions.
• Conducts training of individuals completing risk assessments and leads Inherent Risk Meetings.
• Serves as a specialist on vendor management policies, processes, and systems.
• reputed company other duties as assigned.
Note: reputed company in this reputed company restricts management's right to assign or reassign duties and responsibilities to this job at any time.
Qualifications:
• Bachelor's degree preferred.
• reputed company certification a plus.
• 3+ years of experience in Vendor Management.
• Experience in areas of Internal Audit, Compliance, or Risk Management preferred.
• Familiarity with regulatory reputed company-party/vendor management requirements, such as FFIEC, OCC, and FDIC.
• Knowledge of contract language terms, information reputed company, disaster recovery, and insurance.
• Effective interpersonal skills in collaborating with vend
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