Vender Risk Analyst I

Company: Lendmark Financial Services, Inc.
Location: Covington
Posted on: November 21, 2022

Job Description:

At Lendmark Financial Services, we believe the success of our company is specifically attributable to the quality of our employees and their commitment to our customers. We value each customer and understand that people want to do business with people who care. That's one way we differ from our competitors. We are proud of what we as a team have accomplished. We will always strive for improvement, our motto since day one has been "Success is the only option."

Lendmark Financial Services offers a comprehensive benefits package for employees and dependents that includes medical, dental, vision benefits, paid time off, paid holidays, 401(k), life insurance, long-term disability, tuition assistance and an employee assistance program. We also offer optional benefits such as critical care, auto, home and pet insurance as well as other ancillary insurance options.

SUMMARY:

The Vendor Risk Analyst is responsible for monitoring the relationship between the Company and its vendors. This position will primarily be involved in implementing the on-boarding and initial due diligence, and risk assessments used to monitor the vendor's performance and activities.

MAJOR DUTIES/RESPONSIBILITIES:

* Review new vendor requests and assign risk review questionnaires.
* Conduct the on-boarding and off-boarding process for vendors profiles.
* Analyze and evaluate responses submitted for risk reviews and due diligence questionnaires.
* Ensures all required documentation is properly and accurately stored within the vendor risk management tool.
* Ensures the vendor is complying with consumer protection laws and regulations.
* Track and monitor expiration of documents.
* Performs research on vendors via the internet.
* Performs on-site quality assurance reviews.

BASIC QUALIFICATIONS:

* Bachelor's Degree or one - two years industry equivalent experience.
* One - two years financial industry (consumer finance, preferably) experience.
* Effective communication and organization skills.
* Ability to demonstrate an understanding of business processes.
* Ability to work with minimum supervision and strong work ethic.
* Ability to analyze data.
* Ability to communicate issues involved with testing verbally and in writing.
* Accurately input data.
* Working knowledge of:
* Windows operating system and Windows - based applications
* Browsers (Firefox, Chrome)
* Excel, Word

If you are interested in a fast paced, high growth, team oriented and great culture environment, you'll enjoy a career with us!

Keywords: Lendmark Financial Services, Inc., Covington , Vender Risk Analyst I, Professions , Covington, Kentucky