Third Party Risk Coordinator

Onbe•Buffalo Grove, IL

1d•Hybrid

About The Position

Onbe is seeking a Third-Party Risk Coordinator who will support the day-to-day execution of the company’s vendor risk management program, serving as the primary point of contact for low-risk vendors and ensuring onboarding, due diligence, and ongoing oversight are completed in a timely, consistent, and audit-ready manner. This role coordinates the end-to-end vendor lifecycle, including document collection, purchase order alignment, and system record management/maintenance, while partnering closely with cross-functional teams to ensure compliance with established processes. The coordinator also assists with contract risk review, manages vendor communications, maintains accurate records in the TPRM platform, and prepares reporting on vendor activity and KPIs. The ideal candidate is detail-oriented, highly organized and comfortable managing multiple priorities in a fast-paced environment, with strong communication skills and a foundational understanding of vendor management, third-party risk, and procurement processes. This role is a hybrid role that will work onsite 2 days per week at our Buffalo Grove, IL office location. Occasional travel may be required as part of this role.

Requirements

2+ years in third party vendor risk management or similar role
Bachelor’s degree in business preferred or strong business acumen
Ability to develop and maintain positive vendor and business stakeholder relationships
Excellent verbal and written communication
Highly detailed oriented with excellent organization and time management skills
Ability to work in a fast-paced environment
Proficiency in using Microsoft Office Suite
Familiarity with relevant software and technology (e.g. Third Party Vendor Risk Management, Procure-to-Pay, Contract Life Cycle Management)

Responsibilities

Serve as the primary point of contact for Onbe’s third-party, low risk portfolio
Coordinate onboarding and vendor due diligence of new vendors, as needed
Management & oversight of existing low risk vendors
Partner with cross-functional departments (e.g. Finance, Procurement, Legal) enforcing Procure to Pay processes
Provide guidance and support related to Onbe’s Procure to Pay processes
Review & approve purchase order requests
Communicate with vendors regarding changes in orders and requirements for products or services, as needed
Assist with contract risk review partnering with procurement and legal to ensure contracts include appropriate third-party risk clauses
Update & maintain vendor records using Onbe’s Third-Party Vendor Risk Management platform
Prepare reports for senior management on KPIs and vendor spend, as needed
Support Third Party Vendor Risk Manager and Legal team, as needed
Other assigned duties/initiatives, as needed