City National Corporation red lion , PA 17356
Posted 3 weeks ago
VENDOR MANAGEMENT CONTRACT ANALYST WHAT IS THE OPPORTUNITY? As an experienced, fully proficient professional with contract management experience, this role will primalrily be responsible for maintaining the vendor contract database and conducting quality assurance reviews on vendor risk management contracts and data reconciliations.
This position will work with the Manager of Vendor Risk Governance to build out the quality assurance contract function within the Vendor Management team. What you will do Support development of the 1st Line of Defense quality assurance/control program around contracts Manage and maintain an accurate vendor contract database by aligning to various vendor contracts (e.g. MSA, SOW, Change Order, ELA, etc….) Support development of the guidelines for quality assurance/control contract reporting across the 1LOD teams; develop reports to Mgmt on QA metrics, trends, root causes, and resolutions Analyze contract clauses, stipulations, obligations, and liabilities and compare to data within vendor management system of record to ensure accuracy Perform data entry and reconciliations according to procedures to ensure quality reporting and governance Review supplier contract terms and conditions and align with vendor management system of record to ensure accuracy Work across the vendor management team to drive remediation plans and increase quality upfront; Effectively monitor the tracking of issues to ensure timely resolution Maintain proper information/documentation and records related to the Bank's vendors for both internal and external audits using OCC and FFIEC guidelines as a reference.
Ensure that contract terms comply with legal requirements, policies and standards Maintain and update policies, procedures and best practices for vendor management contract review and remediation Maintain records for correspondence and documentation in relation to established contracts and those in progress. Communicate and present information to stakeholders about all contract-related matters Keeping informed of amendments to contract law Continuous evaluation of the contract database governance program for improvements, automation opportunities and efficiencies Champion and provide risk awareness to the enterprise Vendor Management purpose throughout the organization; train and advise internal CNB staff on the vendor management processes; specifically around contract records management Support resolution of vendor activities, inquiries, issues, incidents, service requests, and escalations, etc… Support an environment of continuous improvement. Support various adhoc projects supporting program enhancements, process improvements, and other functions Escalate issues to management as required; work to resolve issues as needed Perform other duties, as assigned Must-Have
*To be considered for this position you must meet at least these basic qualifications The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
Benefits and Perks At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues. Get an inside look at our Benefits and Perks. INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT City National Bank is an equal opportunity employer committed to diversity and inclusion.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by law.' ABOUT CITY NATIONAL We start with a basic premise: Business is personal. Since day one we've always gone further than the competition to help our clients, colleagues and community flourish.
City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues to drive phenomenal growth today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies. #LI-MA #CA-MA
City National Corporation