Job Description

The Vendor Risk Coordinator is responsible for overseeing vendor onboarding and offboarding activities, ensuring compliance with regulatory standards, and supporting the organization’s overall risk management framework. This role involves coordinating audits, onboarding and offboarding of new vendors, monitoring vendor renewals, and collaborating with internal stakeholders to mitigate risks associated with third‑party relationships.

Primary Job Duties:

• Vendor Management * Collaborating with appropriate business units for the onboarding and offboarding of vendors

• Vendor Risk Assessments * Distribute and collect due diligence questionnaires. * Review vendor responses for compliance with security, financial, and regulatory requirements.

• Risk Monitoring & Reporting * Track vendor performance and risk metrics. * Prepare reports and dashboards for leadership on third-party risk exposure.

• Compliance & Policy Alignment * Ensure vendors adhere to internal policies and external regulations (e.g., SOX). * Support audits and regulatory reviews. * Execute tasks by becoming familiar with internal policies and procedures that support the department and company

• Coordination & Communication * Act as liaison between vendors and internal teams (IT, Legal, Procurement, Risk). * Facilitate remediation plans when risks are identified.

• Documentation & Recordkeeping

• Maintain accurate records of vendor assessments, contracts, and certifications.

• Create and publish appropriate reporting as necessary

Qualifications

Required Education and Experience:

• Bachelor’s degree in business, finance, or related field preferred
• 1-5 years experience in risk management, compliance, or vendor management
• Knowledge of regulatory compliance frameworks, SOX, etc)
• Excellent organizational, communication, and stakeholder management skills
• Proficiency with productivity software (Excel, PowerPoint, Venminder)
• Analytical mindset with attention to detail
• Ability to manage multiple assessments and deadlines simultaneously
• Experience with data quality management and compliance reporting
• Strong problem-solving skills

Additional Information

• Working in a growing and dynamic industry
• Full benefits: Medical, Dental, Vision, FSA/HSA, and wide array of voluntary products and discounts
• 401(k) with company match
• Paid time off
• This is an Exempt role
• Target base salary range is 48-52K, which is based on various factors including skills and work experience.
• LBF is an EEO/AA/Vet/Disabled Employer
• Please note that salaries that are estimated on various job sites may not reflect the actual compensation. Job sites, set the estimated salary, not Longbridge Financial.

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