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Senior Vendor Risk Management Jobs in Michigan (NOW HIRING)

Risk Manager I (US)

Southfield, MI · On-site

$91K - $136K/yr

The position is expected work with data vendors such as Credit bureaus to obtain and validate ... Performs detailed analysis and interprets information to make recommendations to Senior Management ...

The ability to translate an Enterprise Risk Framework's risk management concepts, practices, and processes so that they are easily understood and valued by associates and senior management. The ...

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Senior Vendor Risk Management information

What does a Senior Vendor Risk Management professional do?

A Senior Vendor Risk Management professional is responsible for overseeing an organization’s third-party vendors to identify, assess, and mitigate risks that could impact business operations, data security, or regulatory compliance. They develop and implement vendor risk assessment frameworks, conduct thorough due diligence, and collaborate with other departments to ensure vendors meet company standards and legal requirements. Additionally, they monitor ongoing vendor relationships, manage risk remediation efforts, and often report findings to senior leadership or regulatory bodies.

What are the key skills and qualifications needed to thrive as a Senior Vendor Risk Management professional, and why are they important?

To thrive as a Senior Vendor Risk Management professional, you need expertise in risk assessment, third-party due diligence, and a solid understanding of regulatory compliance, often supported by a bachelor's degree in business, finance, or a related field. Familiarity with risk management platforms, vendor management systems, and certifications like CISA or CRVPM is commonly expected. Strong analytical thinking, communication, and negotiation skills are crucial for building effective relationships and addressing vendor issues. These skills and qualifications are essential for mitigating risks, ensuring compliance, and safeguarding organizational interests in vendor relationships.

What are some common challenges faced by Senior Vendor Risk Management professionals, and how can they be addressed?

Senior Vendor Risk Management professionals often encounter challenges such as navigating complex regulatory requirements, managing relationships with a diverse range of vendors, and ensuring consistent due diligence across all third parties. Addressing these challenges typically involves staying updated on relevant regulations, implementing robust risk assessment frameworks, and fostering strong communication with both internal stakeholders and vendors. Building cross-functional collaboration with legal, compliance, and procurement teams is also crucial for effectively mitigating vendor-related risks.

What is the difference between Senior Vendor Risk Management vs Vendor Risk Analyst?

AspectSenior Vendor Risk ManagementVendor Risk Analyst
CertificationsCRISC, CISA, or similarCRISC, CISA, or similar
Work EnvironmentStrategic, leadership-focused, cross-departmentalOperational, data analysis, risk assessment
Employer & Industry UsageFinancial, healthcare, technology firmsFinancial, retail, technology sectors

Senior Vendor Risk Management roles typically involve strategic oversight and leadership in managing vendor risks, requiring advanced certifications and experience. Vendor Risk Analysts focus on data collection, risk assessment, and supporting vendor evaluations. While both roles require similar credentials, the senior role emphasizes strategy and management, whereas the analyst role is more operational and detail-oriented.

What are the most commonly searched types of Vendor Risk Management jobs in Michigan? The most popular types of Vendor Risk Management jobs in Michigan are:
What are popular job titles related to Senior Vendor Risk Management jobs in Michigan? For Senior Vendor Risk Management jobs in Michigan, the most frequently searched job titles are:
What job categories do people searching Senior Vendor Risk Management jobs in Michigan look for? The top searched job categories for Senior Vendor Risk Management jobs in Michigan are:
Remarketing Vendor Strategy & Oversight Manager

Remarketing Vendor Strategy & Oversight Manager

Stellantis Financial Services

Auburn Hills, MI • On-site

Other

Re-posted 14 days ago


Stellantis Financial Services rating

8.2

Company rating: 8.2 out of 10

Based on 7 frontline employees who took The Breakroom Quiz


Job description

StellantisFinancial Services (SFS) is the new captive finance company for one of the world's leading automakers and a mobility provider with iconic brands including Abarth, Alfa Romeo, Chrysler, Citron, Dodge, DS Automobiles, Fiat, Jeep, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys.

Our exciting growth provides opportunities to advance your career as we successfully lead products and services from a small to midsize company in just a few years. Join our world class team and culture and contribute to our core mission which is enhancing our customer's experience.

Position Summary:
The Remarketing Vendor Strategy & Oversight Manager is responsible for developing and executing vendor management strategies that optimize performance, compliance, and cost efficiency across the remarketing ecosystem. This role ensures that third-party vendors deliver consistent, high-quality services aligned with business objectives, regulatory requirements, and customer experience standards. The manager will serve as the primary liaison between internal stakeholders and external vendors, driving accountability and continuous improvement.


Essential Duties and Responsibilities:
Develop and implement a comprehensive vendor strategy for remarketing operations, including research, selection, onboarding, performance management, and risk mitigation.
Provide support for contract negotiations and renewals to ensure favorable terms.
Establish governance frameworks, KPIs, and SLAs to ensure vendor compliance and operational excellence.
Monitor vendor performance against KPIs and SLAs; identify opportunities for cost savings and efficiency improvements.
Lead vendor audits and implement corrective actions when necessary.
Manage vendor risk assessments and contingency planning.
Ensure vendors comply with regulatory requirements, company policies, and industry best practices.
Drive continuous improvement initiatives across vendor operations.
Partner with internal teams (Operations, Procurement, Legal, etc.) to align vendor strategies with overall business goals.
Provide insights and recommendations to leadership based on vendor performance data and market trends.


Qualifications and Competencies Required
Required Experience:
Minimum of 5 years in vendor management, procurement, or remarketing operations.
Minimum 3 years of leadership or managerial experience, including team oversight and performance management.
Proven experience in developing vendor strategies and managing large-scale vendor relationships.

Education:
Bachelors degree in Business, Supply Chain, Operations Management, or related field

Skills Required:
Strong negotiation, analytical, and problem-solving skills.
Excellent communication and stakeholder management abilities.
Proficiency in vendor management systems and data analytics tools.
Proficiency in Excel
Overtime required as needed.
Travel 010% as required.
Must have reliable transportation and live within a commutable distance to one of the following cities: Atlanta, GA; Dallas, TX; Detroit, MI.


Qualifications Preferred:
Experience in automotive remarketing or asset management.
Detail-oriented with a high level of accuracy.
Strong organizational skills and ability to manage multiple priorities.
Collaborative mindset with a proactive approach to problem-solving.
Familiarity with compliance and audit processes.


Physical Demands The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.


While performing the duties of this Job, the employee is regularly required to sit for long periods of time, use hands and arms to operate office equipment including but not limited to a keyboard, mouse and phone, will occasionally need to reach, stoop, stand or walk. The employee must be able to see (close vision), hear, speak, and communicate verbally. The employee may occasionally lift and/or move up to 10 pounds.


Work Environment The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate.


Work Schedule This position requires the ability to work various shifts to accommodate business needs. Typically, between the hours of 8AM-6PM Monday through Friday and on weekends as needed. Travel is required 10% of the time.

An applicant must be authorized to work in the United States to be eligible for this position. Stellantis Financial Services, Inc. will not sponsor applicants for work visas of any type for this position.


Stellantis Financial Services, Inc (SFS) is an equal opportunity employer and is committed to providing its employees an environment that is free of harassment, discrimination, and intimidation. It is the policy of SFS to comply with all applicable employment laws and regulations and to provide equal opportunity for all qualified persons and to not discriminate against any employee or applicant for employment because of race, color, religion, sex, age, national origin, disability, pregnancy, sexual orientation, veteran status, gender identity or expression, change of sex, and/or transgender status or any protected status. Candidates must possess authorization to work in the United States. This policy applies to recruitment and placement, promotion, training, transfer, retention, rate of pay and all other terms and conditions of employment. Employment and promotion decisions will be based solely on merit, ability, achievement, experience, conduct and other legitimate business reasons.

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