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Job Details

MANAGER, VENDOR RISK MANAGEMENT

  2025-07-18     HMSA     Honolulu,HI  
Description:

Job Summary

  • Hybrid Work Environment - Must reside in Hawaii

Pay Range : $81,931 - $135,801, position is eligible for an incentive bonus

Note : Individuals typically begin between the minimum to middle of the pay range

The Vendor Risk Management Manager is responsible for administering and managing the organization's Vendor Risk Management function, including but not limited to risk management of vendors, risk identification and evaluation, claims management, worker's compensation, safety program and safety training, and loss prevention and internal audit programs.

Minimum Qualifications

  • Bachelor's degree and 5 years of related work experience or an equivalent combination of education and related work experience.
  • Three years of supervisory or management experience
  • Excellent oral and written communication skills.
  • Strong understanding of legal and contractual terms used in vendor contracts
  • Intermediate working knowledge of Microsoft Office applications, including but not limited to Word, Excel, Outlook, and PowerPoint.

Duties and Responsibilities

  • Develops and implements the risk management program in a manner that fulfills the mission and strategic goals of the organization. Ensures compliance with organizational policies, state and federal laws, and accreditation standards related to corporate compliance, safety, security, and risk management.
  • Develops and implements systems, policies, and procedures for the identification, collection, and analysis of risk-related information.
  • Monitors contract renewals for vendors by partnering with contract owners to ensure timely signings and negotiations of contract terms.
  • Selects, trains, develops, and organizes staff, including delegating responsibilities/tasks to team members. Provides feedback and coaching, including timely performance reviews.
  • Educates all employee levels about the vendor risk management program and their responsibilities within it.
  • Leads, facilitates, and advises departments in designing risk management programs related to vendors within their own areas.
  • Conducts unannounced quarterly financial audits of each Strategic Provider.
  • Works with the Audit Committee of the Board to investigate reports of wrongdoing related to fraud, fiscal mismanagement, or misappropriation of funds concerning vendor risk management.
  • Provides semi-annual reports to executive leadership and the Audit Committee on audit findings and investigations related to suspected wrongdoing.
  • Performs other duties and responsibilities as assigned.

LI-Hybrid

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