Director, Vendor Risk Management and T&E

Job Description

The Director of Vendor Risk Management and T&E is responsible for overseeing third-party risk assessments and ensuring compliance with corporate travel and expense policies. This role supports enterprise risk mitigation by evaluating vendor relationships, monitoring contractual obligations, and ensuring adherence to regulatory standards. Additionally, the role manages the end-to-end travel and expense process, including policy enforcement, expense auditing, and system optimization to ensure cost efficiency and employee compliance.
 
Essential Functions
•    Maintain, develop and execute a holistic third-party risk strategy and roadmap aligned with regulatory standards and industry best practices.
•    Support regulatory & audit activities- prepare for and respond to regulatory examinations and internal audits; collaborate on risk appetite statements and regulatory reporting
•    Optimizes third-party risk management by enhancing governance frameworks, streamlining processes, and leveraging technology to improve efficiency Partners with SMEs and business lines to implement best practices, deliver training, monitor key risk indicators, support regulatory exams and audits, and lead deployment of the Governance Risk and Compliance platform for full lifecycle management
•    Develops dashboard presentations and reports and provide periodic updates to various Risk Committees on the status of the third-party risk management program
•    Provides appropriate guidance, advice and credible challenge to internal vendor relationship managers and vendors.
•    Identifies and communicates aggregated vendor risks to business lines throughout the organization.
•    Updates and documents due diligence tracking with real time status and escalates issues and concerns (e.g., oversight deficiencies, program concerns, and open risk items)
•    Oversee corporate travel programs, including booking platforms and preferred vendor relationships
•    Leads and contributes to developing the T&E program within the firm, creating a policy and training support to employees on travel and expense polices
 
Additional Essential Functions
•    Ensure compliance with Northwest’s policies and procedures, and Federal/State regulations
•    Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency
•    Work as part of a team
•    Work with on-site equipment
 
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
 
Education
Bachelor's Degree    Accounting, Business Finance, or related degree        
Juris Doctor Degree               
 
Work Experience
8 - 12 years    Banking, Legal, or Regulatory Experience             
 
Additional Knowledge, Skills and Abilities
Understanding of contracts  
Experience with regulators and regulatory matters    
Experience with Risk and Control Self- Assessments  
Experience with Operational Risk Programs  
Experience with Information Security and IT management  
Able to communicate effectively to senior leadership  
Experience with the oversight of Risk and Control Self-Assessment (RCSA) activities
Evaluating completeness of identified risks and controls, and assessment of adhering to program requirements  
Knowledge and experience with operational risk management framework  
 
 

Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.