We are seeking an exceptional individual to support ongoing enhancements to the Vendor Risk Management program through data management, documentation, and engagement with the program framework, processes, and platforms. The VRMP Analyst will be responsible for executing goals related to process enhancement and vendor inventory enrichment projects primarily through day-to-day support tasks. These tasks will include managing vendor data and inventory and supporting the annual vendor due diligence questionnaire exercise. This role would include configuring ProcessUnity, sending the questionnaires, and tracking responses. The candidate will also look for opportunities to improve our operational processes.
AB has a long history of adhering to and promoting strong professional ethics and is committed to conducting our business according to the highest standards of honesty and fairness. Assessing and managing Vendor risk is key to delivering on these standards and AB considers topics such as our vendors’ policies and practices for data privacy, cybersecurity, business continuity, ESG, and financial health. The VRMP team provides support to business units and individual vendor relationship managers so they can complete these assessments and mitigate risks appropriately. We manage our vendor inventory in ProcessUnity, execute configuration in ProcessUnity per the process maturation and conduct vendor risk due diligence primarily through an annual due diligence questionnaire exercise. Planned process enhancements include creating intersystem (contract management, accounts payable, CMDB), cross-functional (Cybersecurity, Modern Slavery, Data Privacy, Business Continuity, Legal & Compliance, and others) linkages to create a comprehensive risk view of all third-party engagements.