AltaOne Federal Credit UnionThird Party Vendor Manager/Contract Review Manager
Jan. 2022 - Jan. 2023Developed internal policies and procedures based on NCUA requirements to minimize regulatory risks and liability across the credit union.
Developed Onboarding procedures to utilize the current VM software to its maximum potential, maintain NCUA expectations, maintain compliance, and simplify vendor owner's current processes.
Developed procedures to manage vendor performance, implement and track service level agreements, and remediate any failing vendors on an as needed basis based on their vendor performance review score.
Developed and delivered training programs to enhance vendor risk awareness across the entire organization.
Conducted thorough due diligence on all vendors, evaluating financial stability, cybersecurity measures, and regulatory compliance.
Created and conducted comprehensive risk assessments for various banking operations including credit risk, operational risk, and compliance risk.
Reformatted and cleaned up current VM software to include up to date contracts/renewals, all up to date due diligence documents, and all vendors reclassified by a new initial risk assessment.
In charge of negotiating and reviewing all contracts and complex third-party vendor agreements with all vendors to achieve cost savings.