Lead Supplier Risk Onboarding Facilitator
Discover. A brighter future.
With us, you’ll do meaningful work from Day 1. Our collaborative culture is built on three core behaviors: We Play to Win, We Get Better Every Day & We Succeed Together. And we mean it — we want you to grow and make a difference at one of the world's leading digital banking and payments companies. We value what makes you unique so that you have an opportunity to shine.
Come build your future, while being the reason millions of people find a brighter financial future with Discover.
Job Description
Responsible for executing the day-to-day third party risk management onboarding activities within the company which includes the review of all incoming requests, facilitator of risk review meetings, and coordination across Third Party Risk Management (TPRM) oversight, Advisory Attorney, and Risk SME teams to ensure the initial risk review is completed. Partners with Third Party Risk Management (TPRM) oversight team in ensuring that the onboarding activities align with the execution of the strategic direction of the third party risk management program and complies with TPRM policies and procedures. Responsible for facilitating requests through the entire supplier and engagement onboarding and modification process. Communicates with Business Partners to address all questions relating to Supplier onboarding. Responsible for the review and planning of incoming requests, gathering required documentation for set-up, drafting and negotiation of simple contract agreement types, and execution of purchasing transactions. Manages interactions with internal clients for supplier transactions for assigned categories.
Collaborate with sourcing to help mitigate service interruptions by focusing on adhering to the TPRM supplier onboarding program, contract content and execution, and expedite the Vendor management process for Processing Services so they can execute on their proce4sses to meet departmental goals/SLAs for our customers.
Maintain and manage the business recovery plan in order to prevent, mitigate and respond to business interruptions.
Responsibilities
- Manages and oversees vendor management activities, including vendor contracts, certificate of insurance, vendor scorecards, action plans, reporting, and internal updates to management.
- Assists with drafting vendor contracts. Negotiates contracts between the business unit, Corporate Transactions and the vendor.
- Communicates with leadership to ensure visibility into contract negotiations.
- Analyzes existing vendor agreements to ensure business activities are captured. Monitors insurance and liability limits.
- Develop schedule for contract renewals to ensure engagement managers have transparency into upcoming work for capacity planning.
- Plans business continuity activities and develops plans to ensure we can execute on our business continuity plan in the event there is a business interruption.
- Communicates and provides training to new/existing members related to Vendor Management and/or Business Continuity process changes.
Minimum Qualifications
At a minimum, here’s what we need from you:
- Bachelor’s Degree in Business
- 4+ years of Business, Vendor Management, Operations, or related
Preferred Qualifications
If we had our say, we’d also look for:
- Master’s Degree in Business
- 4+ years of Business, Vendor Management, Operations, or related
What are you waiting for? Apply today!
The same way we treat our employees is how we treat all applicants – with respect. Discover Financial Services is an equal opportunity employer (EEO is the law). We thrive on diversity & inclusion. You will be treated fairly throughout our recruiting process and without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status in consideration for a career at Discover.