Vendor Management Risk Analyst

IVARI•Toronto, ON

4d•CA$70,000 - CA$90,000•Hybrid

About The Position

The Vendor Management and Risk Analyst is a newly created vacancy that will support processes related to vendor intake, onboarding, and ongoing vendor management including Third-Party Risk Management (TPRM) within a regulated financial services environment. Working closely with Procurement and Risk Management teams, you will assist with collecting documentation, coordinating approvals, and confirming vendors meet internal policy and regulatory requirements over the lifecycle of the relationship. The Vendor Management and Risk Analyst will act as an operational liaison among internal and external stakeholders.

Requirements

3+ years or equivalent experience in vendor onboarding, third-party risk management, compliance operations, procurement, or administrative support
Postsecondary education in Business, Finance, Compliance, Risk Management, or a related field (or equivalent experience)
Familiarity with risk, compliance, or governance concepts required
Strong attention to detail and ability to follow documented procedures
Solid organizational and time‑management skills
Clear and professional written and verbal communication
Ability to manage multiple tasks in a deadline‑driven environment
Comfortable working with checklists, templates, and workflow tools
Proficiency in Microsoft Office (Excel, Word, Outlook)

Nice To Haves

Exposure to financial services or another regulated industry is an asset
Willingness to learn regulatory and third‑party risk requirements

Responsibilities

Receive, review, and process vendor intake requests, ensuring required documentation and risk assessment information is complete, accurate, and submitted within established timelines.
Support vendor onboarding and approval workflows by coordinating with internal stakeholders across Procurement, Risk, Compliance, Legal, IT, Information Security, Privacy, Finance, and contract owner groups.
Classify vendors using established vendor management risk criteria and third-party risk management frameworks, escalating exceptions, issues, or gaps as appropriate.
Assist with ongoing vendor monitoring activities, including periodic reviews, issue remediation tracking, audit requests, regulatory reviews, and related reporting requirements.
Maintain accurate and up-to-date vendor records in intake, third-party risk management, contract repository, and arrangement inventory systems.
Identify process inefficiencies, documentation gaps, and opportunities to improve vendor management and risk oversight processes.
Act as an operational liaison among Contract Owners, vendors, and cross-functional teams to support timely, responsive, and effective vendor lifecycle management.