Vendor Management Analyst, IT Vendor Management

6 days ago


Toronto, Ontario, Canada Questrade Financial Group Full time
Questrade Financial Group (QFG) of Companies is committed to helping Canadians become much more financially successful and secure. We are everything a traditional financial institution is not.

Our vision is to revolutionize financial services for the benefit of Canadians by providing the most innovative and cost efficient financial services online.

That's why we empower our employees to continuously grow their professional careers with QFG.

We believe in having a diverse, inclusive place to work and our flexible working arrangements brings that to life so you can unleash your creativity.

Our values are a part of our DNA, and we care deeply about our people helping us fulfill our mission and become an important part of our community.

We are always looking for like-minded professionals to join our team. Come grow with us.

What's it like working as a Vendor Management Analyst at Questrade?

  • IT vendor performance & risk management.
  • Execute IT vendor Due Diligence and Third Party Risk Assessments prior to and during the lifetime of the service relationship.
  • Maintain existing IT vendor relationships and leads day to day interactions for performance and risks, facilitating performance and risk.
  • Review meetings between IT vendors with internal stakeholders, and coordinating performance and risk issue resolution.
  • Monitor IT vendor performance and risk, complete vendor scorecards and materiality assessments and provide feedback, reports and/or dashboards on performance and risk of material IT vendors for operational review meetings.
  • Support the implementation, monitoring, tracking and reporting of Third Party Risk Management key metrics and indicators.
  • Identify and escalate issues of third party potential or actual risk.
  • Provide relevant performance and risk requirements input for new Vendor arrangements and agreements.
  • Support other Vendor Management Office staff in RFI/RFP processes including gathering internal requirements, coordinating demos, vetting IT vendors and participating in vendor selection reviews.
  • Assist with developing and execution of the Third Party Risk Management strategy and plan.
  • Identify opportunities to improve effectiveness and efficiency of the Third Party Risk Management Program.
  • Maintain a strong understanding of Questrade Financial Group service offering, the relationships and dependency with vendors for existing business models and data flows in the business.
  • Exhibits confidence and an extensive knowledge of emerging industry practices when solving business problems.
  • Pushes creative thinking beyond the boundaries of existing industry practices and client mindsets.
So are YOU our next Vendor Management Analyst? You are if

  • At least 2 years of information technology third party relationship, performance and risk management experience.
  • Strong understanding of Third Party performance and risk and the importance of key mitigating controls.
  • Knowledge of the vendor management lifecycle end to end including processes for service outsourcing, hardware and software licensing, purchasing or renewal, and performance monitoring.
  • Good familiarity with Google Workplace tools and MS Office suite.
  • Experience with the Canadian regulatory requirements, policies and procedures for third party risk management would be a significant asset.
  • Experience in data analysis and in particular PowerBI exposure would be an asset.
  • Strong interpersonal, communication and documentation skills.
  • Must have excellent oral and written skills; including superior report writing and presentation skills.
  • Expected to be familiar with project implementation methodologies and project management.
  • Familiarity with trading systems, online brokerage business models, digital banking and digital mortgage business models.
Need more details? Keep reading...

  • Takes ownership of tasks and drives them to completion.
  • Confident and comfortable speaking in small groups and presenting diverse or contradictory opinions to stakeholders.
  • Able to focus while under pressure and pay close attention to detail.
  • Capable to multitask and be flexible to take on varied responsibilities.
  • Good judgment for proactively and independently solving problems and making decisions.
  • Competently follows specific guidelines, criteria, protocols.
  • Develops plans to establish priorities, organize, and accomplish work.
  • Calm and patient under pressure.
  • Thrives in a changing, dynamic, high velocity environment.
  • Able to see the big picture while paying attention to the smaller details.
  • Able to work flexible hours when requested.
  • Develops constructive and cooperative working relationships with teammates.
  • Strong work ethic, positive energy and ability to energize others.
  • A serviceoriented mindset and a willingness to assist the team in any way to ensure success.
Sounds like you? Click below to apply #LI-DM1 #LI-Hybrid #LI-Remote

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