Compliance and Vendor Risk Manager
Company: Disability Solutions
Location: Houston
Posted on: May 8, 2024
Job Description:
CenterPoint Energy and its predecessor companies have been in
business for more than 150 years. Our Vision: Our vision is to
become the most admired utility in the United States through the
execution of our long-term growth strategy. We have an unwavering
commitment to safely and reliably deliver electricity and natural
gas to millions of people. Our Commitment: CenterPoint Energy is
committed to creating an inclusive work environment where business
results are achieved through the skills, abilities and talents of
our diverse workforce. At CenterPoint Energy, individuals are
respected for their contributions toward our company objectives. We
strive for an inclusive work environment across all levels that is
reflective of the available workforce in the communities we serve.
Job Summary The Manager - Risk and Compliance Manager is
responsible for leading the vendor risk management program, vendor
contract compliance review program, and procurement quality control
activities. Manage and/or coordinate vendor risk management
activities with various risk SMEs to ensure vendor associated risks
align with enterprise risk tolerance and monitor risk mitigation
activities. Establish and maintain effective relationships with
internal and external stakeholders to ensure vendor risks are
appropriately evaluated and incorporated into vendor/supplier
decisions. These vendor risk responsibilities will encompass
relationship management, performance oversight, creating and
calibrating metrics for score carding, vendor risk analysis, and
providing consistent and focused feedback/reporting. Planning,
executing, measuring, and reporting vendor contract compliance
review results. Review program for opportunities to enhance program
coverage/scope. Manage contract/procurement quality assurance
program with the goal of ensuring contracts properly mitigate risk
in collaboration with Procurement Management team. Conduct vendor
risk training to internal stakeholders on a regular basis. The
ability to forge relationships, work cross functionally and drive
new initiatives will be essential. Essential Functions
- Develop an annual vendor risk coverage strategy, establish risk
coverage targets, and execute the risk program activities. Develop
a vendor selection methodology that ensures risk-based
coverage.
- Enhance, and oversee vendor risk management (VRM) program
strategies, procedures, and systems.
- Collaborate with Vendor Risk Owners and VRM Steering Committee
to enhance risk evaluation approach.
- Support and oversee completion of vendor risk assessments (VRA,
PVRA, and CRA); collaborating with risk SMEs to achieve program
results to manage, reduce, and mitigate vendor risks.
- Coordinate offboarding or oversee monitoring of vendor risk
mitigation activities.
- Reporting of VRM activities and outcomes to Stakeholders,
Senior management, and the Risk Oversight Committee (ROC) as
needed.
- Oversee and enhance the Vendor Contract Compliance program,
including but not limited to,
- Cost recovery process including proper accounting of
recoveries.
- Value leakage and remediation
- Track/communicate lessons learned to leverage in commercial
term enhancements.
- Oversee and enhance the procurement QC program, including but
not limited to,
- Contract Execution
- Contract Supporting Documentation
- Business Award Justification Form (BAJF)
- Procurement Risk Assessment (PRA)
- Adherence to Company policies and department procedures
- Lead the executive business review (EBR) initiative in
collaboration with Procurement Management
- Identification, evaluation, and implementation of vendor risk
management tools, processes, and systems
- Proactively stay abreast of industry news and trade
publications, including utility industry groups such as EEI, AGA
and SGA, to keep current on risk issues that could impact the
company, including but not limited to economic, political, supply
chain, and forced labor / human trafficking. Essential Functions
(cont.)
- Review historical vendor/supplier risk trends, research risk
drivers, and evaluate risk results for enterprise enhancements
e.g., contract language; insurance coverage; environmental, social,
and governance (ESG).
- Provide input to the various risk SMEs to ensure alignment with
business processes and objectives.
- Establish and track key performance metrics relating to vendor
risk, including tracking and internal reporting of findings and
mitigation plans.
- Planning and coordination activities for annual supply chain
team risk training; collaborating with risk SMEs on presentation
topics and leverage contract compliance review lessons
learned.
- Design, develop, and deliver training to internal stakeholders
on vendor risk requirements, red flag identification, and other
topics.
- Formulate and establish best practice policies, operating
procedures, and goals needed to achieve program results.
- Conduct various personnel actions including, but not limited
to, hiring, performance appraisals, promotions, and transfers of
management level personnel.
- Provide training, guidance, direction, and developmental
opportunities to team to support staff development.
- Ensure employees are aware of and comply with company,
government, and customer policies, procedures, and regulations
(OSHA, DOT, Homeland Security, etc.) including audits as
required.
- Support Emergency Operating Plan (EOP) through various
activities including but not limited to own assigned role and team
member roles.
- Monitor activities of work team to ensure safe practices are in
place and being followed at all times.
- Assist with special projects, benchmarking research, risk
assessments, supply chain and/or legal initiatives, and
administrative duties. Education Description
- Bachelor's degree or 10+ years of relevant business experience
required Experience
- Results-oriented, metrics-driven leader with a minimum of 7
years' experience. Previous experience in procurement, warehouse,
materials management, audit, finance, business process
re-engineering and/or compliance-based roles
- Analytics experience related to evaluation and optimization of
business processes.
- Experience in delivering enterprise and organizational cost
improvement / transformation strategies / business process
re-engineering.
- Knowledge of industry trends, prominent suppliers, industry
procurement strategies, SAP, Tableau, etc.
- Ability to prioritize, organize and multitask in a flexible,
fast-paced, and challenging environment.
- Prior team leading experience with ability to motivate and
support team members to meet objectives effectively.
- Have good problem-solving abilities, be results-oriented, with
excellent interpersonal and presentation skills enabling the
ability to work well within a multi-disciplinary team located in
multiple geographies and to collaborate with various stakeholders.
We want you to know Being a part of the CenterPoint Energy team is
more than a career alone. It's an opportunity to make a positive
impact. You will be an integral part of enabling everyday life and
the pursuit of possibilities for the customers we serve and the
communities we share. The vital services we provide are at the core
of making our world work, and by sharing your energy with us, we'll
create a better tomorrow together. Diversity, Equity and Inclusion
CenterPoint Energy is committed to creating an inclusive work
environment where business results are achieved through the skills,
abilities and talents of our diverse workforce. At CenterPoint
Energy, individuals are respected for their contributions toward
our company objectives. We strive for an inclusive work environment
across all levels that is reflective of the available workforce in
the communities we serve. What we bring to you
- Competitive pay
- Paid training
- Benefits eligibility begins on your first day
- Transit subsidies
- Flexible work schedule, paid holidays and paid time off
- Access to discounts at fitness clubs and an on-site wellness
center at our headquarters in Houston
- Professional growth and development programs including tuition
reimbursement
- 401(k) Savings Plan featuring a company match dollar-for-dollar
up to 6% and a company contribution of 3% regardless of your
contribution Job Type: Full Time Posting Start Date: 05/07/2024
Posting End Date: 05/17/2024 This contractor and subcontractor
shall abide by the requirements of 41 CFR ---- 60-1.4(a),
60-300.5(a), and 60-741.5(a). These regulations prohibit
discrimination against qualified individuals based on their status
as protected veterans or individuals with disabilities and prohibit
discrimination against all individuals based on their race, color,
religion, sex, sexual orientation, gender identity, or national
origin. Moreover, these regulations require that covered prime
contractors and subcontractors take affirmative action to employ
and advance in employment individuals without regard to race,
color, religion, sex, sexual orientation, gender identity, national
origin, protected veteran status or disability.
Keywords: Disability Solutions, Missouri City , Compliance and Vendor Risk Manager, Executive , Houston, Texas
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