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Manager, Vendor Risk Management

Manager, Vendor Risk Management

HMSAHonolulu, HI
30+ days ago
Job type
  • Full-time
Job description

Job Summary

  • Hybrid Work Environment - Must reside in Hawaii

Pay Range : $81,931 - $135,801, position is eligible for an incentive bonus

Note : Individuals typically begin between the minimum to middle of the pay range

The Vendor Risk Management Manager is responsible for administering and managing the organization's Vendor Risk Management function, including but not limited to risk management of vendors, risk identification and evaluation, claims management, worker's compensation, safety program and safety training, and loss prevention and internal audit programs.

Minimum Qualifications

  • Bachelor's degree and 5 years of related work experience or equivalent combination of education and related work experience.
  • Three years of supervisory or management experience
  • Excellent oral and written communication skills.
  • Strong understanding of legal and contractual terms used in vendor contracts
  • Intermediate working knowledge of Microsoft Office applications. Including, but not limited to Word, Excel, Outlook, and PowerPoint.
  • Duties and Responsibilities

  • Develops and implements the risk management program in a manner that fulfils the mission and strategic goals of the organization. Complies with organizational policies, state and federal laws and accreditation standards related to corporate compliance, safety, security and risk management.
  • Develops and implements systems, policies and procedures for the identification, collection and analysis of risk related information.
  • Actively monitor contract renewals for vendors by partnering with contract owners to ensure timely signings and negotiations of contract terms are taking place.
  • Select, train, develop and organize staff including delegating responsibilities / tasks for team members to carry out. Provide feedback and coaching to include timely completion of performance reviews.
  • Educates all employee levels as to the vendor risk management program, and their responsibility in carrying out the vendor risk management program.
  • Leads, facilitates and advises departments in designing risk management programs related to vendors within their own departments.
  • Conducts unannounced financial audits of each Strategic Provider at least quarterly.
  • Works with Audit Committee of the Board to investigate reports of wrongdoing related to fraud, fiscal mismanagement or misappropriation of funds as related to vendor risk management.
  • Provides reports at least semi-annually to executive leadership and Audit Committee on matters relating to audit findings, and investigation and response to complaints of suspected wrongdoing as described in corporate compliance program.
  • Perform all other miscellaneous responsibilities and duties as assigned or directed.
  • LI-Hybrid

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