Marqeta

Vendor Risk Manager

Marqeta

full-time

Posted on:

Origin:  • 🇺🇸 United States

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Salary

💰 $127,600 - $187,600 per year

Job Level

Mid-LevelSenior

About the role

  • Design, develop, implement, and refine Marqeta’s Vendor Risk Management (VRM) policy, standards, and procedures.
  • Evaluate the risks associated with Marqeta’s vendor relationships and implement and maintain an appropriate control environment to manage those risks
  • Facilitate the resolution of escalated vendor-related issues, including those relating to risk assessments, audits, and vendor onboarding and offboarding
  • Manage the Vendor side of Marqeta’s procure-to-pay system to ensure Vendor Risk Management procedures and requirements are represented in Marqeta’s overall Vendor Management operations
  • Partner with Risk Subject Matter Experts (SMEs) such as Privacy, Security, Legal, Risk Operations, Compliance, and others to ensure the company’s Vendor Risk Management program comprehensively addresses all relevant vendor-related risks
  • Partner with Compliance teammates to share learnings and identify opportunities to align approaches, where appropriate, to managing vendor- and customer-related risk
  • Establish a vendor monitoring process which focuses on Quarterly Business Reports (QBRs), SLA tracking, and ongoing risk monitoring for our most critical vendors
  • Be a critical partner in the vendor onboarding and offboarding process
  • Curate a vendor-related inventory and artifacts demonstrating adherence to established Vendor Risk Management processes
  • Establish and monitor metrics and reporting to identify vendor-related risks and manage the performance of the company’s Vendor Risk Management program
  • Stay abreast of and communicate market insights to drive both short and long-term Vendor Risk Management strategies.

Requirements

  • 5+ years of relevant Third-Party Risk Management experience, with a focus on Vendor Risk Management
  • Experience in regulatory or regulatory-adjacent industries/environments and an understanding of the regulatory requirements and expectations that govern and inform Vendor Risk Management in the Payments, FinTech, and/or Banking industries
  • Experience directly interfacing with external parties (e.g. banks, regulators)
  • Proven track record of designing, developing, implementing, and refining Vendor Risk Management programs
  • Proven ability to thrive in a fast-paced environment and handle a high volume of work
  • Able to operate without already defined or established processes, tools, or templates
  • Excellent interpersonal skills and communication skills
  • Able to influence and guide decisions across multiple cross functional teams
  • Proven project management skills with analytical and problem solving abilities to identify business drivers and develop and implement strategies