Vendor Risk Management Coordinator

Vendor Risk Management Coordinator

Responsible for supporting the Wellmark Vendor Management program by assisting with the vendor due diligence, developing and maintaining procedures, and developing relationships with internal and external stakeholders in support of assigned vendor relationships. Will coordinate and manage the vendor survey process; including drafting, compiling and analyzing responses. Provide assistance, support, and maintain the Procurement Services administrative system on behalf of the Vendor Management team, by troubleshooting issues, creating tickets, and providing training for department peers, internal stakeholders, and vendors.

Required : Associate's degree or direct and applicable work experience. Minimum of 1-year experience managing relationships; such as vendor management, account management and / or risk management. Strong collaboration and interpersonal skills with the ability to quickly build relationships focused on collaboration and trust. Must exhibit a risk management mindset, one focused on overall risk assessments with the ability to recommend risk mitigation strategies. Ability to solve problems, develop solutions and assist the business leaders in achieving their financial and performance goals and objectives. Demonstrated ability to develop and maintain high-performance relationships with internal and external stakeholders and customers. Possess excellent written and oral communication skills and be a self-starter. Must show an ability to effectively establish thriving working relationships with all stakeholders, both internally and externally. Demonstrated ability to influence without authority and communicate upward and across divisions. Ability to think strategically and pro-actively partners with the business to drive results. Must be self-motivated and have a sense of urgency, with the ability to see what needs to be done and take action to ensure successful and timely accomplishments of business needs. Proficient in Microsoft Office (Word, Excel, and Power Point).

Preferred : Bachelor's Degree in related field. Professional experience in insurance, financial services, banking, or another heavily regulated industry. Experience conducting initial and ongoing vendor due diligence, risk assessments, and recommending risk mitigation strategies in accordance with company policies and procedures. Proficient in Microsoft PowerBI.