Senior Vendor Management Analyst (HYBRID) at Equitable

Syracuse, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

03 Aug, 26

Salary

70000.0

Posted On

05 May, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Vendor Management, Project Management, Risk Assessment, Analytical Ability, Cross-functional Collaboration, Effective Communication, Critical Thinking, Contract Management, OneTrust, Smartsheet, Ariba, Process Documentation

Industry

Financial Services

Description

About the Role At Equitable, we help clients secure their financial well-being so they can pursue long and fulfilling lives - a mission we’ve honed since 1859. Corporate Sourcing and Procurement (CSP) team partners with business areas, as trusted advisors, and business facilitators, to provide leading sourcing strategies and expertise, manage risk and maximize the total value returned from a diverse set of vendors. Equitable is looking for a Senior Vendor Management Analyst who will be a key member of the Vendor Management Program Office, a team within CSP. This role works collaboratively with team members on assigned Sourcing, Operations, and Vendor Management activities determined by the continuous prioritization of business needs. What You’ll Be Doing Responsible for various activities across the CSP functional areas as needed, to include, project-managing annual Critical vendor risk re-assessments, facilitating the vendor off-boarding function, managing a portfolio of risk reviews, supporting the loading of contracts into our vendor management tool, pulling contracts to support ad hoc inquiries, coordinating information requests across departments, resolving issues and questions as they arise by investigating facts across various CSP systems, as well as process documentation, drafting inter- and intra-departmental communications, and other duties as assigned. Work directly with business areas and with risk stakeholders such as CISO, BCP, Privacy, and Records Retention, ensuring the timely and accurate processing of the risk reviews, and monitors and resolves issues as they arise. The Manager must become proficient using various technology platforms including OneTrust and Smartsheet, with opportunities to also develop proficiency in Ariba contract repository. Manage the annual re-assessment of Equitable’s critical vendors, prepare reports as required. Facilitate risk reviews on third party vendors depending upon the vendor type and criticality. Effectively project manages each risk review to meet the contract due date. Work closely with the risk Subject Matter Experts to ensure reviews and follow-up are performed timely. Independently perform a thorough review of the complete Business Area Risk Assessment, using critical thinking competencies to identify issues and effectively work with the Business Area Vendor Manager to resolve any identified issues. Perform a preliminary comparison of the responses recorded on the vendor’s assessment with the business area’s responses, identifying and addressing inconsistencies with the business/vendor through to resolution. Support various activities/functions as the program continues to mature. Monitor the higher risk relationships and provide effective updates to management as required. Facilitate the off boarding of vendors. Upload executed contracts with the proper meta-data into the Vendor Management tool. This position offers a hybrid work schedule, with an on–site presence of 2–3 days per week combining flexibility with team collaboration. The base salary range for this position is $58,000 - $70,000. Actual base salaries vary based on skills, experience, and geographical location. In addition to base pay, Equitable provides compensation to reward performance with base salary increases, spot bonuses, and short-term incentive compensation opportunities. Eligibility for these programs depends on level and functional area of responsibility. For eligible employees, Equitable provides a full range of benefits. This includes medical, dental, vision, a 401(k) plan, and paid time off. For detailed descriptions of these benefits, please reference the link below. Equitable Pay and Benefits: Equitable Total Rewards Program What You Will Bring Required Qualifications: Associate’s degree in accounting, business, finance, and/or a related field. 2+ years of vendor management or experience in the Insurance Industry. Project Management Skills - ability to meet deadlines, goals, and objectives within assigned time limits while maintaining work quality. Ability to work independently with minimum guidance from Management. Analytical ability to obtain and assess data to resolve issues. Ability to analyze information critically, assess assumptions, and raise concerns constructively as needed. Investigative curiosity and attention to detail. Preferred Qualifications: General understanding of Sourcing & Procurement. OneTrust Third-party Risk Management module experience. Risk-based mindset and approach. Skills Communicating Complex Concepts: Knowledge of effective presentation tools and techniques to ensure clear understanding; ability to use summarization and simplification techniques to explain complex technical concepts in simple, clear language appropriate to the audience. Cross-functional Collaboration: Knowledge of collaborative techniques and approaches; ability to promote a culture of continuous improvement and working together across functions to solve business problems and meet business goals. Effective Communications: Understanding of effective communication concepts, tools and techniques; ability to effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviors. Vendor Management: Knowledge of vendor management methodologies, technologies and processes; ability to gain increased value and excellent services from vendors, as well as costs control and risk mitigation throughout the deal life cycle. About Equitable At Equitable, we’re a team committed to helping our clients secure their financial well-being so that they can pursue long and fulfilling lives. We turn challenges into opportunities by thinking, working, and leading differently – where everyone is a leader. We encourage every employee to leverage their unique talents to become a force for good at Equitable and in their local communities. We are continuously investing in our people by offering growth, internal mobility, comprehensive compensation and benefits to support overall well-being, flexibility, and a culture of collaboration and teamwork. We are looking for talented, dedicated, purposeful people who want to make an impact. Join Equitable and pursue a career with purpose. Click Careers at Equitable to learn more. ********** Equitable is committed to providing equal employment opportunities to our employees, applicants and candidates based on individual qualifications, without regard to race, color, religion, gender, gender identity and expression, age, national origin, mental or physical disabilities, sexual orientation, veteran status, genetic information or any other class protected by federal, state and local laws. NOTE: Equitable participates in the E-Verify program. If reasonable accommodation is needed to participate in the job application or interview process or to perform the essential job functions of this position, please contact Human Resources at (212) 314-2211 or email us at TalentAcquisition@equitable.com.

Responsibilities

Manage the annual risk re-assessment of critical vendors and facilitate the vendor off-boarding process. Coordinate with risk stakeholders and business areas to ensure timely processing of risk reviews and accurate contract loading into management tools.