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    Manager, Vendor Governance - Toronto, Canada - OMERS

    OMERS
    OMERS Toronto, Canada

    2 weeks ago

    Default job background
    Full time
    Description

    Why join us?

    Are you looking to join a dynamic pension plan that embodies the strong values of its 500,000 members and is an industry leading global investor? If so, we would love to tell you our story.

    At OMERS we put our people first and are proud to embrace the diversity of thought and leadership that comes from having locations in Toronto, London, New York, Singapore, Sydney and other major cities across North America and Europe. Our culture is truly one of a kind. We get stuff done, and have fun doing it We take great pride in contributing to the communities where we live with an ever-constant eye to the global investment markets.

    The Manager, Vendor Governance is responsible for the newly-formalized Vendor Governance Program (Third Party Risk Management) within OMERS in collaboration with key stakeholders, including Business Process Owners, Sourcing, Finance, Data & Technology, Legal, Compliance, Privacy, Internal Audit and Risk. This individual will oversee the process end-to-end; contributing to due-diligence and risk assessment during onboarding, oversee requirements of vendor monitoring and support vendor offboarding. The successful candidate for this role will be part of a dynamic multi-discipline Procurement team focused on maximizing value from OMERS vendor portfolio while managing third-party risk.

    The Manager, Vendor Governance reports to the Director, Vendor Governance and Procurement Operations within OMERS Corporate Finance team, and will focus on safeguarding OMERS through design and implementation of strong third party risk management and monitoring practices.

    This role will be primarily responsible for:

  • Oversee the end-to-end Vendor Governance process to ensure high data quality, completeness of vendor risk profile, updated contract repository and abidance to the policy
  • Ownership of OMERS newly-formalized Vendor Monitoring Program in collaboration with the extended vendor risk management team
  • Development, implementation, and continuous improvement of a risk-based Vendor Onboarding and Monitoring activities in alignment with the overall OMERS Vendor Governance Program, policies, guidelines and Procedures.
  • Engaging with and supporting Business Process Owners in execution of their respective tasks within the Vendor Governance Program
  • Engaging with and supporting Business Process Owners in conducting attestation report (e.g. SOC 2) reviews for high risk vendors
  • Coaching, training and subject matter expertise for Business Process Owners on the Vendor Governance Program, including development of training and support materials and resources
  • Oversee the creation of Vendor risk memo for high risk vendors
  • Coordinating incident & exception identification, reporting, response and mitigation, including escalation and communication, and risk mitigation plans and strategies
  • Management reporting of the Vendor Governance Program progress and outcomes, key risk indicators and metrics, etc.
  • Coordinating with key cross-functional stakeholders, including Internal Audit, in reviews and evaluation of the Vendor Monitoring Program
  • Building strong partnerships and relationships with business partners and key vendor risk stakeholders including Finance, Data & Technology, Legal, Compliance, Privacy, Internal Audit and Risk
  • Developing strong relationships with third-party risk management peers

    • To succeed in this role, you have:

  • 3-5 years' experience in equivalent third-party risk management roles
  • Experience in reviewing and evaluating attestation reports (e.g. SOC report reviews) and follow up on exceptions and issues
  • Experience in complex, diverse, corporate business environments collaborating with cross-discipline teams
  • Experience in Vendor Management
  • Strong understanding of supply chain risk processes and controls
  • Post-secondary business degree or equivalent experience and qualifications
  • Excellent written and verbal communication skills

    • And you demonstrate:

  • A people-first focus with a desire to develop meaningful, trusting relationships across all levels
  • A teammate mentality coupled with servant leadership
  • A sense of urgency, optimism, and a desire to deliver excellence
  • A desire to drive debate, to speak candidly and to listen empathetically
  • Strong orientation towards strategy, change and results

    • Existing application environment:

  • Process Unity platform
  • Oracle Cloud ERP
  • Refinitiv WorldCheck-One
  • Contract Lifecycle Management system: Sirion

    • We believe that time together in the office is important for OMERS and Oxford, the strength of our employees, and the work we do for our pension members. Our flexible hybrid work guideline requires teams to come to the office a minimum of 3+ days per week.

    Our story:

    Founded in 1962, OMERS is one of Canada's largest defined benefit pension plans, with $128.6 CAD billion in net assets as of December 31, 2023. OMERS is a jointly-sponsored pension plan, with more than 1,000 participating employers ranging from large cities to local agencies, and over half a million active, deferred and retired members. OMERS members include union and non-union employees of municipalities, school boards, local boards, transit systems, electrical utilities, emergency services and children's aid societies across Ontario. Contributions to the Plan are funded equally by members and employers. OMERS teams work in Toronto, London, New York, Amsterdam, Luxembourg, Singapore, Sydney and other major cities across North America and Europe – serving members and employers and originating and managing a diversified portfolio of high-quality investments in public markets, private equity, infrastructure and real estate.

    OMERS is committed to having a workforce that reflects the communities in which we live and work. We are an equal opportunity employer committed to a barrier-free recruitment and selection process. At OMERS inclusion and diversity means belonging. How we create a sense of belonging is through our employees and our vast network of Employee Resource Groups. Whether you are passionate about gender, pride, or visible minorities, we have groups that are focused on making a difference in all of our lives.

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