Vendor Risk Management Coordinator

Vendor Risk Management Coordinator – Wellmark Blue Cross and Blue Shield

Join us to apply for the Vendor Risk Management Coordinator role at Wellmark Blue Cross and Blue Shield
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We are a mutual insurance company owned by our policy holders across Iowa and South Dakota, and we’ve built our reputation on over 80 years’ worth of trust. We are not motivated by profits. We are motivated by the well‑being of our friends, family, and neighbors – our members. If you’re passionate about joining an organization working hard to put its members first, to provide best‑in‑class service, and that is committed to sustainability and innovation, consider applying today!

Learn more about our unique benefit offerings here.

Want to know more? You can learn about life at Wellmark here.

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.

• 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 PowerPoint).

• 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 Power
  
  BI.

• Coordinate with Procurement team members as well as other cross‑organizational resources to identify and implement process improvements and create program and system efficiencies. Maintain process maps and documentation associated with policies, business processes, and desk level procedures. Continuously review and scrutinize processes within Vendor Management and look for ways to better serve the business and our vendors. Partner with leaders and peers within Procurement Services along with internal stakeholders to share ideas and implement changes.
• Provide support to the Vendor Management team, internal, and external stakeholders by professionally, timely, and accurately responding to inquiries, and by facilitating the day‑to‑day follow‑up and management of ongoing vendor risk assessments and due diligence.
• Coordination and facilitation, as appropriate, of internal and external meetings in support of the Vendor Management program.
• Responsible for building,…