Vendor Management Specialist II at Foundation Finance Company, LLC

, , United States -

Full Time

Start Date

Immediate

Expiry Date

06 Feb, 26

Salary

90000.0

Posted On

08 Nov, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Vendor Management, Risk Assessment, Due Diligence, Contract Management, Compliance, Communication, Attention to Detail, Microsoft Office, Data Analysis, Performance Metrics, Documentation, Team Collaboration, Problem Solving, Time Management, Cybersecurity, Financial Evaluation

Industry

Financial Services

Description

Vendor Management Specialist II Duties: The Vendor Management Specialist II is responsible for the maintenance and development of the Company’s Vendor Management program, including but not limited to performing due diligence on prospective vendors, performing regular risk assessments of existing vendors, assisting in contract renewal efforts under the guidance of the Legal Department, and managing the vendor off-boarding process. This role is a key stakeholder for the Company’s Vendor Management Program and requires extensive written and verbal interaction with both internal and external relationship owners, providing support to other Compliance department functions as needed. Pay Range USD $80,000.00 - USD $90,000.00 /Yr. Essential Duties and Responsibilities Lead the ongoing development, implementation, and maintenance of the Vendor Management program, and maintain accurate and up-to-date records in the vendor management system. Conduct due diligence & risk assessments for new and incumbent vendors, including financial health, cybersecurity, regulatory, and operational risk evaluations, and identify risk gaps and escalating findings as appropriate. Coordinate the collection, validation, and analysis of vendor documentation (e.g., SOC reports, insurance certificates, business continuity plans, information security policies, etc.). Track vendor performance metrics and service-level agreements to ensure adherence to contract terms and assist the Legal Department with the contract renewal process. Support the performance review and renewal process for all vendors, with special attention paid to critical and high-risk vendors. Prepare management reports, dashboards, and audit documentation to demonstrate program effectiveness. Partner with internal stakeholders, including Legal, Compliance, IT, and Business Units, to support vendor-related initiatives. Assist in refining vendor risk management processes, templates, and tools for efficiency and consistency. Other duties as assigned by management. Must be able to come to work promptly and regularly. Must be able to take direction and work well with others. Must be able to work under the stress of deadlines. Must be able to concentrate and perform accurately. Must be able to react to change productively. Minimum Qualifications: Bachelor’s degree from an accredited 4-year college or university Minimum 4 years of experience performing vendor management activities, preferably in a financial service or a regulated industry. Certified Third Party Risk Professional (CTPRP) or Certified Vendor Management Professional (CVMP) preferred. Strong computer skills including Word, Excel, Internet, and email. Strong typing skills. Strong attention to detail. Knowledge of Microsoft Office (Word, Excel, PowerPoint, Outlook, and Internet Explorer). Professional phone presence and excellent verbal and written communication skills. About Foundation Finance: Foundation Finance Company (FFC) is one of the fastest-growing consumer finance companies in the U.S. We work with home improvement contractors nationwide to help them close more sales through the use of flexible financing plans. FFC's full-spectrum lending approach has driven billions in originations and helped many customers make needed improvements to their homes. We're making big investments in both infrastructure and employee talent to keep up with our growth, so the time is right to join our team! It's a fast-paced environment with room to advance. We offer a competitive salary, medical/dental/vision benefits, 401(k) with company match, a casual dress work environment and much, much, more. Office environment with significant time spent sitting, typing and talking on the telephone. Foundation Finance Company provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training. If you reside in the state of Colorado, please click on the following link to review our benefits: Foundation Finance Benefits These benefits are designed to support our employees in their professional growth, health, and overall well-being. Eligibility, coverage details, and enrollment processes will be provided during the onboarding process. At Foundation Finance Company, we are committed to fostering a positive work environment where employees can thrive both personally and professionally. Remote Work Disclaimer Foundation Finance Company LLC requires that remote employees must reside in one of the following states to be considered for any of our remote positions: AL, AR, AZ, CO, FL, GA, IL, IN, KY, LA, MD, MI, MN, MO, MS, NC, NJ, NV, NY, OH, OK, OR, SC, TN, TX, UT, VA, WA, and WI.

Responsibilities

The Vendor Management Specialist II is responsible for maintaining and developing the Vendor Management program, including due diligence on vendors and risk assessments. This role involves extensive interaction with internal and external stakeholders and supports compliance functions as needed.