National Accounts Manager Billing & Vendor Engagement

Vendor Manager
- Business Segment

Vendor Manager
- Business Segment.

At Regions, the Vendor Manager
- Business Segment role supports and administers vendor management for a designated area or division. Ensures enterprise-wide needs for due diligence, risk assessment and continuing vendor monitoring are being accomplished and works to assess, address and monitor business impacts of outsourced service relationships.

$ yearly

Full-time

• Acts a liaison for area/division in partnership with Corporate Procurement to manage vendor relationships associated with outsourced services
• Identifies, reports, and tracks vendor third party risk issues and implements remediation plans
• Ensures compliance with expectations for due diligence, risk assessment and continuing vendor monitoring are accomplished
• Oversees detailed reporting, documentation requirements and processes to ensure accuracy and completeness of vendor-submitted surveys, documents and deliverables
• Facilitates contracts renewals in partnership with Business Segment Managers to ensure that contractual service level agreements are in alignment with the needs of the business
• Oversees requests for new vendor relationships and the submittal of Third Party Questionnaires (TPQ), in order to effectively assess and address operational, reputational, customer and shareholder impact, information security and privacy risks, process/policies and procedures impact, staff impact, regulatory impact, and potential for financial loss
• Manages third-party contract review and execution for business line, in partnership with Corporate Procurement
• Facilitates the resolution of escalated vendor-related issues
• Reviews exit plans and Service Organization Controls (SOC) reports as part of the TPQ process
• Attends Working Group meetings for complex, critical or high-risk vendor relationships
• May manage a team or group depending on area/division
• Participates in and/or leads, as appropriate, the procurement process with vendors
• Manages the governance, procurement and contract-related aspects of the business segment vendors in order to support corporate procurement and vendor management objectives
• Communicates, educates and implements a common and consistent approach to vendor management within the business segment
• Makes recommendations as appropriate to correct deviations from established standards and objectives
• May lead the procurement process with vendors

This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.

• Bachelor's degree and five (5) years vendor management experience
• Or High School Diploma and nine (9) years vendor management experience

• Ability to manage multiple tasks and projects in a timely manner
• Excellent communication, negotiation, and influencing skills
• Exceptional organizational, analytical and follow-through skills
• Proven ability to build relationships
• Strong knowledge of banking and regulations impacting business unit relationships

Full time

Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.

Minimum:

$82,710.10 USD

Median:

$ USD

This job is not incentive eligible.

• Paid Vacation/Sick Time
• 401K with Company Match
• Medical, Dental and Vision Benefits
• Disability Benefits
• Health Savings Account
• Flexible Spending Account
• Life Insurance
• Employee Assistance Program

Riverchase Operations Center

Location:

Hoover, Alabama

Equal Opportunity Employer/including Disabled/Veterans