Vendor Inventory Analyst McKinney, Texas US - Globe Life

Description

**Vendor Inventory Analyst**

McKinney, Texas, US Job number: 13775 **Job Description:**

The Vendor Inventory Analyst role will be embedded within the Procurement organization and support Globe Lifes Third Party Risk Management (TPRM) program. The role will guide third parties and internal business partners through the vendor due diligence process and act as a functioning bridge amongst vendors and internal teams. This individual will also collect required third party information and maintain it in a centrally accessible repository. This role is ideal for a detailed self-starter that is passionate about process improvement and can act as a subject matter expert in the area of vendor compliance.

**Required Skills**

Responsible for documenting and maintaining and accurate centralized repository of third party service providers.

Ensue that proper documentation for new and existing third party relationships is properly completed and retained. This includes, but is not limited to, risk assessment forms, contracts, insurance documentation, SSAE16s, financials, Attestations of PCI Compliance, etc.

Enter data into the vendor management software

Perform reconciliations between vendor payments database and Third Party Risk Management tool database

Maintain dashboards used for reporting, analyzing and ongoing monitoring of vendors; prepare monthly division vendor reports

Develop, implement, monitor and report key performance measures that demonstrate value of third party relationships

Create reporting materials detailing program activities, supplier metrics and issue remediation actions for various executive management committees on a monthly and quarterly basis

Serve as administrator for vendor management tool and assist with User Acceptance Testing (UAT) of new tools and systems

Obtain and maintain necessary training to keep current on the discipline of Third Party Risk Management

Accountable for identification and tracking of vendor issues and associated remediation plans including reporting and escalation activities

Define, measure and monitor progress of Vendor Risk Management activities (Issue Tracking, Risk Remediation Efforts, Key Performance Indicators (KPIs), Key Risk Indicators (KRIs))

Develop necessary standards, procedures and tools to define and support the Third Party Risk Management Program, workflows and processes.

Drive process improvements to continuously mature the Third-Party Risk Management program and framework.

Obtain and maintain necessary training to keep current on the discipline of Third Party Risk Management.

**Required Knowledge & Experience**

Bachelors degree in Business, Risk Management or any other quantitative based degree

1 - 3 years of vendor risk management experience

Knowledge of and experience in designing and operating third party risk management governance frameworks and processes to comply with regulatory requirements, guidance and oversight applicable to the financial services industry.

Detail oriented with strong analytical, problem solving and organization skills

Ability to generate ideas for and support continuous improvement in the department

Ability to independently manage and prioritize work; must be able to juggle multiple tasks, tight deadlines and changing priorities and will meet deliverables on time

Strong written and verbal communication skills

Proficient PC skills, specifically with business-oriented applications such as Microsoft Word, Excel and PowerPoint; ability to create pivot tables, charts and dashboards.

Knowledge and understanding of financial service, insurance or health care industry

**Posting Date:** 4/06/2021

**Location:** McKinney, Texas

Our Benefits **Savings and Investment Plan (401K) -** Eligible employees may begin participating in the plan on the first day of employment.

**Pension Plan -** Eligible employees who complete one year of service with the Company become participants in the Pension.* (Not available to Cleveland Employees)

**Medical -** Benefits are available to all eligible employees and qualified dependents the first of the month following 30 days of continuous service.

**Dental** and Vision -** Eligible employees and qualified dependents are able to enroll the first of the month following 30 days of continuous service.

**Flexible Spending Accounts (FSA) -** Our FSA has two components, Health Care and Dependent Care Accounts. These accounts allow employees to set aside a portion of their earnings on a pre-tax basis to cover out-of-pocket medical and dependent care expenses. Participation is elected on a calendar year basis and is available to all eligible employees the first of the month following the completion of 30 days of continuous service.

**Health Savings Accounts (HSA) -** A pre-tax Health Spending Account (HSA) is offered to those who enroll in the High Deductible Plan. It allows you to pay for many of the health care expenses not covered by your medical plan including deductibles and co-pays. Participation is elected on a calendar year basis and is available to all eligible employees the first of the month following the completion of 30 days of continuous service. Company contribution to HSA ($4500 family, $2500 single plans)

**Short-Term Disability -** Eligible employees may be entitled to salary continuance during periods of temporary disability. Benefits are based on employee status and years of service.*

**Group Life and Long-Term Disability** -** Eligible employees may elect life insurance and long-term disability coverage the first of the month following 30 days of continuous service.

**Vacation and Paid Holidays -** Employees are eligible for vacation upon the completion of six months of employment. In addition, the Company offers eight paid holidays.

**Education Assistance -** The Company supports employees who wish to continue their education to secure increased responsibility and growth within their professional careers. We offer a reimbursement program for expenses incurred through approved institutions of learning. In addition, Fellow, Life Management Institute (FLMI) and International Claim Association (ICA) program courses are offered after the completion of six months of services at no cost to the employee.

**Fitness Reimbursement -** Eligible employees are able to receive up to 100% reimbursement for monthly dues (employee only).

**Supplemental Plans** -** Cancer, Heart/Stroke, Accident.

*Please note, some benefits may vary by subsidiary. Please be sure to clarify with the Human Resources Department.

**Company paid benefit

Yes. Though our Talent Acquisition Team searches our database for qualified candidates, the only way to ensure that we know what position is of interest to you is if you apply for it directly.

You will receive an immediate response from our system. Someone from our Talent Acquisition Team will review your qualifications and skills. If you're a good fit, we'll contact you to conduct an initial interview by phone, followed by assessment testing and an in person interview(s).

It is our policy not to give contact information to external applicants. If, after you apply, it is determined that your skills and qualifications match our hiring needs, you will be contacted directly for an interview by someone on our Talent Acquisition Team.

If selected, we'll extend a conditional offer. Then, pending a successful background check and drug screen, we'll confirm a start date.