1+ months

Vendor Manager I- TESS Third Party Vendor Manager

Jacksonville, FL 32232
**Job Description:**



Manages performance, and mitigates risk for assigned vendors that may vary in risk and complexity. Maintains relationships with vendors and LOB or ECF as required. Measures vendor performance and other expectations as per the contract and enterprise requirements. Proactively manages the satisfaction of the business with the vendor. Responsible for the coordination and execution of Global Vendor Management Program (GVMP) deliverables. Coordinates and provides support to the Enterprise Vendor Manager as required.



We are a culture that:



+ _Is committed to building a workplace where every employee is welcomed and given the support and resources to perform their jobs successfully._

+ _Wants to be a great place for people to work and strive to create an environment where all employees have the opportunity to achieve their goals._

+ _Believes diversity makes us stronger so we can reflect, connect and meet the diverse needs of our clients and employees around the world._

+ _Provides continuous training and development opportunities to help employees achieve their career goals, whatever their background or experience._

+ _Is committed to advancing our tools, technology, and ways of working to better serve our clients and their evolving business needs._

+ _Believes in responsible growth and is dedicated to supporting our communities by connecting them to the lending, investing and giving they need to remain vibrant and vital._



LOB Job Description:



The TESS Third Party Manager is a senior member of the GBAM aligned Third Party Management team responsible for supporting services and products provided by Partners/Third Parties who are engaged for technology-enabled trade execution services, function trade processes, data management, client reporting and portfolio management functions within the Global Markets Space. This person will work closely with the Global Markets Front Office teams and their technology counterparts in onboarding and managing such Third Parties.



Manage a diversified portfolio of Critical and Non-Critical Third Parties that provide Services to the Global Markets portfolio supporting Electronic Trade Execution Services in accordance with the Trade Execution and Support Services Standard (TESS), the Enterprise Third Party Program and the Global Recovery and Resolution Planning program



Serve as a central liaison between Third Party Oversight, Front Office Business Units, Sourcing /Procurement, Legal, Global Information Security, Compliance , Business Continuity and Ops Risk teams and other key stakeholders to execute the Third Party Partner oversight program



Ensures vendor deliverables, Third Party processes and necessary documentation are completed and implemented consistently across the portfolio through the planning, due-diligence and contracting process



Build and maintain effective relationships with internal stakeholders and Third Parties to manage contracts, service level agreements, risks and metric management in alignment with expectations of the business and as laid down in the Standard



Educate and partner with Process Owners to conduct Initial risk assessments on Third Parties during the onboarding process and ongoing risk assessment through the duration of the Third Party relationship



Coordinate and partner with other Control Functions (Subject Matter Experts ) who assess Third Party risks and controls, as well as identify risks requiring remediation and documenting remediation plans for Third Party Oversight



Participate in relevant governance routines to report on Partner service levels, Third Party risk status, and TESS program management as needed to help LoB make business decisions such as external procurement strategy and rationalization of Third Parties to save costs



Improve communication between Technology and Front Office Business functions, working through Business Partners (Process Owners) and Technology Managers



Manage miscellaneous projects as needs arise (process improvements, internal audits, regulatory support)



Required Skills:



Third Party risk and relationship management skills



Experience within Global Markets business, ops and technology domain areas with knowledge of electronic trade execution services is a Must



7- 10 years of relevant IT and business/industry work experience



Experience managing the delivery of services in a matrixed environment with a diverse portfolio of Third Parties



Ability to work across multiple functional teams to set direction, build consensus and solve problems



Ability to work with individuals at all levels within organization



Able to learn quickly, including learning systems, and produce results



Able to lead projects to completion with minimal management oversight



Interested in contributing to the organization and who is achievement, goal and impact-oriented



High integrity, energy and strong interpersonal skills



Self-directed, detail oriented, organized, and exercises good judgment



Able to communicate in a clear, concise manner



Able to multi-task and work effectively across multiple organizational units



A self starter with ambition and drive and exhibits ability to proactively follow up and get results



Strong oral and written language skills



Process Re-engineering skills



Strong in Microsoft Office suite skills, particularly with Excel, PowerPoint; able to put together reports/decks, SharePoint, Access, and Visio



Knowledge of ARIBA is preferred



Supply Chain and Procurement management knowledge is an added advantage



**Posting Date** : 06/11/2019



**Location** :

Jacksonville, FL, BANK OF AMERICA OFFICE PARK, 9000 SOUTHSIDE BLVD BLDG 400,

Charlotte, NC, Gateway Center, 901 W Trade St,

- United States



**Travel** : Yes, 5% of the time



**Full / Part-time** : Full time



**Hours Per Week** : 40



**Shift** : 1st shift



**Assistance for Applicants with Disabilities**



Bank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please visit the Applicants with Disabilities page at http://careers.bankofamerica.com/us/applicants-with-disabilities .



**Diversity & Inclusion**



At Bank of America, our commitment to diversity and inclusion is helping us to create not only a great place to work, but also an environment where our employees, our customers and our communities around the world can reach their goals and connect with each other. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.



**Frequently Asked Questions**



Need to know how to apply online, view a list of your submitted job applications or reset your password? Visit our FAQ at http://careers.bankofamerica.com/us/faq section for answers to these questions and more.

Industry

  • Banking / Finance
Posted: 2019-06-13 Expires: 2019-09-28

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Welcome to Careers at Bank of America.


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Vendor Manager I- TESS Third Party Vendor Manager

Bank of America
Jacksonville, FL 32232

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