Vendor Relationship Risk Specialist at PNC responsible for improving vendor performance and compliance. Involves onboarding, monitoring and coordinating with third party vendors in an inclusive work culture
Responsibilities
Support execution of onboarding and monitoring processes for third party vendors.
Coordinate with vendors and internal stakeholders to complete due diligence assessments, finding remediation, collection/recording of performance KPIs, and coordination of performance meetings.
Track vendor status, due diligence documentation, and timelines.
Communicate with vendors and internal partners to ensure timely completion of tasks.
Escalate potential issues or delays to senior team members.
Maintain high standards of documentation, process adherence, and data quality.
Identify and manage risks associated with a product or service with the goal of improving vendor performance and compliance with applicable regulations.
Interface with vendors and organizational staff to interpret needs and provide accurate specifications and risk mitigation solutions.
Lead the review of new and existing contract assignments for compliance with applicable regulations.
Consult with vendors to remediate risks identified in assessment process.
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