Director, Vendor Risk Management and T&E

Northwest Bank•Columbus, OH

13d

About The Position

The Director of Vendor Risk Management and T&E is responsible for overseeing third-party risk assessments and ensuring compliance with corporate travel and expense policies. This role supports enterprise risk mitigation by evaluating vendor relationships, monitoring contractual obligations, and ensuring adherence to regulatory standards. Additionally, the role manages the end-to-end travel and expense process, including policy enforcement, expense auditing, and system optimization to ensure cost efficiency and employee compliance.

Requirements

Bachelor's Degree
Accounting, Business Finance, or related degree
Juris Doctor Degree
8 - 12 years Banking, Legal, or Regulatory Experience
Understanding of contracts
Experience with regulators and regulatory matters
Experience with Risk and Control Self- Assessments
Experience with Operational Risk Programs
Experience with Information Security and IT management
Able to communicate effectively to senior leadership
Experience with the oversight of Risk and Control Self-Assessment (RCSA) activities
Evaluating completeness of identified risks and controls, and assessment of adhering to program requirements
Knowledge and experience with operational risk management framework

Responsibilities

Maintain, develop and execute a holistic third-party risk strategy and roadmap aligned with regulatory standards and industry best practices.
Support regulatory & audit activities- prepare for and respond to regulatory examinations and internal audits; collaborate on risk appetite statements and regulatory reporting
Optimizes third-party risk management by enhancing governance frameworks, streamlining processes, and leveraging technology to improve efficiency Partners with SMEs and business lines to implement best practices, deliver training, monitor key risk indicators, support regulatory exams and audits, and lead deployment of the Governance Risk and Compliance platform for full lifecycle management
Develops dashboard presentations and reports and provide periodic updates to various Risk Committees on the status of the third-party risk management program
Provides appropriate guidance, advice and credible challenge to internal vendor relationship managers and vendors.
Identifies and communicates aggregated vendor risks to business lines throughout the organization.
Updates and documents due diligence tracking with real time status and escalates issues and concerns (e.g., oversight deficiencies, program concerns, and open risk items)
Oversee corporate travel programs, including booking platforms and preferred vendor relationships
Leads and contributes to developing the T&E program within the firm, creating a policy and training support to employees on travel and expense polices
Ensure compliance with Northwest’s policies and procedures, and Federal/State regulations
Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency
Work as part of a team
Work with on-site equipment