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Vendor Risk Assessment Jobs in Tennessee (NOW HIRING)

OwnsThird-Party Risk Management (TPRM) and vendor risk. Build andoperate the vendor intake, review, re-assessment, and offboarding process; set risk tiers; integrate with Procurement and Legal ...

Owns Third-Party Risk Management (TPRM) and vendor risk. Build and operate the vendor intake, review, re-assessment, and offboarding process; set risk tiers; integrate with Procurement and Legal ...

IT Vendor Manager

Memphis, TN · On-site

$101K - $134K/yr

... risk (e.g. market consolidation, vendor over-dependency, predatory vendors). * Manage and provide assistance of publisher or third-party software audits including collection, assessment, review ...

IT Vendor Manager

Memphis, TN · On-site

$101K - $134K/yr

... risk (e.g. market consolidation, vendor over-dependency, predatory vendors). * Manage and provide assistance of publisher or third-party software audits including collection, assessment, review ...

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Vendor Risk Assessment information

What is the difference between Vendor Risk Assessment vs Vendor Compliance Analyst?

AspectVendor Risk AssessmentVendor Compliance Analyst
Primary FocusEvaluating risks associated with vendors and third-party providersEnsuring vendors comply with policies, regulations, and contractual obligations
CertificationsCertifications like CISSP, CISA, or vendor risk management coursesCertifications such as CCEP, CISA, or compliance-specific credentials
Work EnvironmentRisk management teams, procurement, cybersecurity departmentsCompliance teams, legal, procurement, and audit departments
Industry UsageCommon in finance, healthcare, and IT sectorsPrevalent in regulated industries like finance, healthcare, and manufacturing

Vendor Risk Assessment focuses on identifying and mitigating risks posed by vendors, while Vendor Compliance Analysts ensure vendors adhere to policies and regulations. Both roles are essential for managing third-party relationships but differ in their primary objectives and activities.

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

To thrive in Vendor Risk Assessment, you need a solid understanding of risk management principles, third-party due diligence, and regulatory compliance, often supported by a degree in business, IT, or a related field. Familiarity with risk assessment tools, governance frameworks (like ISO 27001), and platforms such as GRC (Governance, Risk, and Compliance) systems is typically required. Strong analytical thinking, attention to detail, and effective communication skills help professionals assess vendor risks and collaborate across departments. These skills are crucial for identifying, mitigating, and communicating risks that could impact an organization’s operations, security, or reputation.

What are some common challenges faced in a Vendor Risk Assessment role, and how can I prepare to address them?

Professionals in Vendor Risk Assessment often encounter challenges such as managing large volumes of vendor data, ensuring compliance with evolving regulations, and effectively communicating risks to both internal stakeholders and vendors. To prepare for these challenges, it's important to develop strong organizational and analytical skills, stay informed about regulatory changes, and build effective communication strategies. Collaborating closely with procurement, legal, and IT teams is also essential for gathering accurate information and implementing risk mitigation measures.

What is a Vendor Risk Assessment?

A Vendor Risk Assessment is a process used by organizations to evaluate and manage the potential risks associated with outsourcing services or products to third-party vendors. The assessment typically examines areas such as data security, regulatory compliance, financial stability, and operational practices of the vendor. Its purpose is to identify potential vulnerabilities or threats that could impact the organization if the vendor fails to meet expectations or is compromised. Regular vendor risk assessments help ensure that third-party relationships do not expose the company to undue risk and that appropriate controls are in place.
What are popular job titles related to Vendor Risk Assessment jobs in Tennessee? For Vendor Risk Assessment jobs in Tennessee, the most frequently searched job titles are:
What job categories do people searching Vendor Risk Assessment jobs in Tennessee look for? The top searched job categories for Vendor Risk Assessment jobs in Tennessee are:
What cities in Tennessee are hiring for Vendor Risk Assessment jobs? Cities in Tennessee with the most Vendor Risk Assessment job openings:
Infographic showing various Vendor Risk Assessment job openings in Tennessee as of June 2026, with employment types broken down into 81% Full Time, 17% Part Time, and 2% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution.

Vendor Analyst

Alfa Insurance Corporate Careers

Brentwood, TN • On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 27 days ago


Job description

Company Overview

Alfa Insurance is an A-rated insurance carrier that offers an excellent array of auto, home, life, farm and business insurance products. Since its humble beginnings in 1946, Alfa and its affiliates now serve more than 1 million customers across 14 states.
Job Summary
As a Vendor Analyst, you will play a key role in optimizing the organizations procurement operations. The Vendor Analyst will perform indepth analysis of current processes involved in Corporate Procurement and other areas as assigned to help streamline operations with a focus on contract management, spend analysis, and vendor risk assessments. In this role, you will evaluate vendor performance, identify opportunities for cost savings and operational efficiencies, and support the development of procurement best practices.
Responsibilities
  • Review and determine course of action related to information provided by vendors and other departments within Alfa
  • Analyze spend data and support sourcing activities within Corporate Procurement.
  • Effectively communicate internally and externally to facilitate and support Corporate Procurement activities
  • Perform contract quality assurance reviews to ensure vendor agreements align with approved templates, negotiated terms, internal standards, and governance requirements
  • Validate contract data accuracy across systems (e.g., vendor records, contract repositories, risk tools, and procurement systems)
  • Analyze contract terms, deviations, renewal provisions, pricing structures, and risk indicators to identify trends, gaps, and improvement opportunities
  • Develop and maintain contract-related metrics, dashboards, and reporting (e.g., cycle time, deviation frequency, renewal exposure, compliance trends)
  • Partner with Corporate Procurement, Legal, Risk, and business stakeholders to remediate contract deficiencies and support continuous process improvement
  • Support contract lifecycle analytics, including renewals, expirations, amendments, and post-execution compliance monitoring
  • Document process changes as approved by the Sourcing Manager or Chief Procurement Officer
Qualifications

  • Bachelors degree required
  • 1 year working in a corporate environment
  • Excellent written and verbal communication skills.
  • Independent thinker and self-starter
  • Analytical, organizational, problem solving and decision-making skills
  • Technical (Microsoft Outlook, Word, Excel, PowerPoint, Access), experience with cloud-based systems support is preferred.
  • Technologically inclined as it pertains to learning to navigate and familiarity with new software
  • Excellent time management skills
  • Detail oriented
Benefits/Perks

  • Opportunity for annual performance bonus
  • Discounts on your auto insurance (underwriting approval required)
  • Benefits include: Health, dental, supplemental cancer, vision insurance and 401(k) plan
  • Paid Time Off Bank to include 3 days PTO available after first 80 hours worked for new hires
  • Short-term and long-term disability
  • Flexible Healthcare and Childcare spending accounts for tax savings
  • Opportunities for advancement
  • Continuous training and support throughout your career with Alfa
  • College tuition discounts at various colleges in Alabama
  • Fitness center
  • Onsite cafeteria