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Mortgage Vendor Manager in Brooklyn, OH at Key Bank- Corporate

Date Posted: 5/13/2019

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Brooklyn, OH
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    5/13/2019

Job Description


Functional Job Title: Vendor Manager
Reports To: Mortgage National UW Officer
Line of Business: Mortgage Group

Primary Purpose:
Responsible for ongoing management of outside third-parties critical to the success of the Mortgage business, with the objective of mitigating the inherent risk to the bank while maximizing the business value of the third-party relationships.

Stay current with the relevant third party marketplace and competition to make recommendations for new and/or replacement vendors

Continually look for opportunities to improve third party processes and decrease expenses to the bank

Complete periodic third party scorecards, share with third parties and appropriate internal stakeholders, and use to drive optimal business value from third party relationships

Monitor third party Service Level Agreements (SLAs); creating and executing remediation plans as necessary

Identify non-performing third parties and implement improvement plans, up to and including termination of vendor and/or replacement

Ensure senior management is informed on all aspects of third party oversight including escalation of critical issues, vendor performance results, substantive changes in costs, and appropriate critical metrics

Manage and ensure proper execution of all Third Party Management risk & control tasks for Mortgage line-of-business (LOB)

Coordinate and conduct on-site visits to Enterprise Critical Vendors as required by bank Operational Risk Guidelines

New vendor investigation, due diligence, recommendation(In and onboarding

Required Skills and Competencies: The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Bachelor’s degree, equivalent education and related experience
Proven competence in strategy development, product and process innovation and change management Excellent communication skills, both written and verbal, in relating to internal and external clients
Strong organizational skills
Demonstrated proficiency in basic computer applications, such as Microsoft Office software products Ability to travel, occasionally overnight



FLSA STATUS:Exempt

KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to engaging a diverse workforce and sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

35404BR

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