Vendor Management Analyst - Onsite

Exceed the expectations of our residential mortgage borrowers & business partners through superior service, simple processes, and effective communications.

We deliver on this mission by empowering our employees by encouraging and recognizing superior performance and innovative solutions, by promoting teamwork and divisional cooperation.

Primary Function

The Vendor Management Office (VMO) assists Newrez business units with onboarding new vendors, vendor oversight, contract management, and monitoring vendor performance.

The Vendor Management Analyst is responsible for assigning vendor risk tiers, collecting due diligence materials, and maintaining vendor company and contract details.

The Vendor Management Analyst is vital to the vendor contract management process coordinated by the VMO team.

Principal Duties :

• Receives vendor contract requests from the lines of business and organizes the data in department’s cloud-based contract management system.
• Assigns contract responsibilities and sets up workflows.
• Collects, reviews, and approves initial due diligence documents from new vendors.
• Requests updated vendor documents before expiration dates.
• Processes Non-Disclosure Agreements including Legal review and execution.
• Researches vendor acquisitions and mergers and is accountable for proper documentation and making appropriate updates.
• Explains and guides Lines of Business’ on VMO requirements.
• Tracks requests for proposals / requests for quotes performed by business units. Investigates legacy agreements and bringing into VMO processes.
• Prepares reports for internal customers and management.
• Manages vendors against regulatory exclusionary list.
• Assists VP Vendor Management as needed.
• Performs related duties as assigned by management.

Education and Experience

• Bachelor’s degree preferred or equivalent work experience.
• 2-4 years in Vendor Management / Oversight, Contract review and development, Mortgage Banking (originations / servicing), Financial services, and Operational or Vendor Risk.
• Advanced working knowledge of the Microsoft Office Suite, including : Word, Excel, PowerPoint, DocuSign, Visio, Adobe PRO and contract management applications.

Knowledge, Skills, and Abilities

• Strong interpersonal skills and ability to communicate effectively with business partners.
• Strong verbal and written communication skills.
• Proven track record of achieving high levels of customer satisfaction and meeting SLA’s.
• Ability to multi-task, effectively prioritize tasks and responsibilities, effective time management.
• Strong analytical skills : effective decision-making skills with the ability to appropriately exercise independent judgment.
• Strong quality orientation with an attention to detail and accuracy.
• Ability to work independently, as well as effectively function as a member of the Vendor Management Team.
• Accountability; strong work ethic.
• Integrity, ability to maintain and work with confidential information.

While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies / states that these are the only job responsibilities.

Management reserves the right to modify, add or remove duties and request other duties, as necessary.

By applying to this position candidate acknowledges that this is not a remote role and is required to be on-site.

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Company Perks :

• 15 Paid Time Off (PTO) days and 18 after 1st anniversary!
• 9 Paid Holidays
• Casual Workplace
• Employee Engagement Activities

Company Benefits :

• Medical (including Health Savings Account & Flexible Savings Account)
• Dental - RX Vision Life, Disability Insurance 401(k) Plan with company match! Employee Assistance Plan
• Performance-based Incentives
• Pet Insurance
• Advancement Opportunities

Newrez NOW :

• Our Corporate Social Responsibility program, Newrez NOW, empowers employees to become leaders in their communities through a robust program that includes volunteering, philanthropy, nonprofit grants, and more
• 1 Volunteer Time Off (VTO) day, company-paid volunteer day where all eligible employees may participate in a volunteer event with a nonprofit of their choice
• Employee Matching Gifts Program : We will match monetary employee donations to eligible non-profit organizations, dollar-for-dollar, up to $1,000 per employee
• Newrez Grants Program : Newrez hosts a giving portal where we provide employees an abundance of resources to search for an opportunity to donate their time or monetary contributions
30+ days ago