Manager, Vendor Risk Management

5 Hours ago • 3-5 Years • $140,000 PA - $160,000 PA
Risk Management

Job Description

Upgrade is seeking a Manager to evaluate and oversee business-critical vendors, ensuring their controls align with and address associated risks. This role involves conducting thorough due diligence and ongoing monitoring of third-party relationships, playing a key role in protecting Upgrade. The manager will collaborate effectively with internal stakeholders and external partners to gather documentation, facilitate expert reviews, and ensure timely resolution of vendor issues, maintaining accurate records of all reviews and monitoring plans.
Good To Have:
  • A natural curiosity and the confidence to ask insightful, clarifying questions.
Must Have:
  • Conduct risk-based reviews of critical vendors, evaluating policies, procedures, financial health, security, and operational capabilities, and performing testing.
  • Partner with internal business owners, Legal, Compliance, Product, and Information Security teams, as well as external vendors.
  • Prepare clear and concise summaries of vendor materials, including diligence reviews, monitoring activities, testing results, and public records research.
  • Assist with onboarding new vendors including performing risk assessments, diligence, and direct follow-up.
  • Identify, escalate, and monitor vendor issues to ensure timely resolution.
  • Ensure all vendor reviews and monitoring plans are accurately maintained and up-to-date.
  • 3-5 years of experience in vendor management, third-party risk management, or compliance.
  • Ability to take ownership of and navigate highly detailed and complex processes.
  • Demonstrated strong project management, time management, prioritization, critical thinking, and analytical abilities.
  • Excellent verbal and written communication skills, capable of conveying complex and sensitive issues clearly and persuasively.
  • Demonstrated experience navigating regulatory requirements and control frameworks (e.g., SOC, PCI, third-party audits) in financial services and/or fintech environments.
Perks:
  • Competitive salary and stock option plan
  • 100% paid coverage of medical, dental and vision insurance
  • Flexible PTO
  • Competitive 401(k) and RRSP program
  • Opportunities for professional growth and development
  • Paid parental leave
  • Health & wellness initiatives

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About the Role:

The company is seeking a Manager to evaluate and oversee our business-critical vendors, ensuring their controls align with, and properly address, the risks associated with their services. You'll play a key role in protecting the company by conducting thorough due diligence and ongoing monitoring of our third-party relationships. This role requires a strong collaborator who can work effectively with both internal stakeholders and external partners.

What You'll Do:

  • Conduct risk-based reviews of critical vendors, evaluating everything from policies and procedures to financial health, security programs, operational capabilities, and performing testing.
  • Partner with internal business owners, Legal, Compliance, Product, and Information Security teams, as well as external vendors, to gather all necessary documentation and facilitate expert reviews.
  • Prepare clear and concise summaries of vendor materials, including diligence reviews, monitoring activities, testing results, and public records research (e.g., regulatory actions, litigation, negative news, complaints).
  • Assist with onboarding new vendors including performing risk assessments, diligence, and direct follow-up with vendors
  • Identify, escalate, and monitor vendor issues to ensure timely resolution.
  • Ensure all vendor reviews and monitoring plans are accurately maintained and up-to-date.

What We Look For:

  • 3-5 years of experience in vendor management, third-party risk management, or compliance.
  • Ability to take ownership of and navigate highly detailed and complex processes.
  • Demonstrated strong project management, time management, prioritization, critical thinking, and analytical abilities.
  • Excellent verbal and written communication skills, capable of conveying complex and sensitive issues clearly and persuasively to both internal and external audiences.
  • A natural curiosity and the confidence to ask insightful, clarifying questions.
  • Demonstrated experience navigating regulatory requirements and control frameworks (e.g., SOC, PCI, third-party audits) in financial services and/or fintech environments.
  • Prior experience with Zip, Upguard, Ironclad, JIRA, Confluence, AI & LLMs.

What We Offer You:

  • Competitive salary and stock option plan
  • 100% paid coverage of medical, dental and vision insurance
  • Flexible PTO
  • Competitive 401(k) and RRSP program
  • Opportunities for professional growth and development
  • Paid parental leave
  • Health & wellness initiatives

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