Third Party Risk Coordinator

Onbe, a fast-growing FinTech, bringing innovation to a rapidly growing global marketplace, stands for “on behalf.” Because that’s exactly how we work: on behalf of our clients, as their comprehensive payments partner. We transform the way payments are imagined — as an opportunity for innovation, a source of insight to customers, and a way to connect with partners around the globe! Summary: Onbe is seeking a Third-Party Risk Coordinator who will support the day-to-day execution of the company’s vendor risk management program, serving as the primary point of contact for low-risk vendors and ensuring onboarding, due diligence, and ongoing oversight are completed in a timely, consistent, and audit-ready manner. This role coordinates the end-to-end vendor lifecycle, including document collection, purchase order alignment, and system record management/maintenance, while partnering closely with cross-functional teams to ensure compliance with established processes. The coordinator also assists with contract risk review, manages vendor communications, maintains accurate records in the TPRM platform, and prepares reporting on vendor activity and KPIs.The ideal candidate is detail-oriented, highly organized and comfortable managing multiple priorities in a fast-paced environment, with strong communication skills and a foundational understanding of vendor management, third-party risk, and procurement processes.

This role is a hybrid role that will work onsite 2 days per week at our Buffalo Grove, IL office location. Occasional travel may be required as part of this role.

Responsibilities

• Serve as the primary point of contact for Onbe’s third-party, low risk portfolio
• Coordinate onboarding and vendor due diligence of new vendors, as needed
• Management & oversight of existing low risk vendors
• Partner with cross-functional departments (e.g. Finance, Procurement, Legal) enforcing Procure to Pay processes
• Provide guidance and support related to Onbe’s Procure to Pay processes
• Review & approve purchase order requests
• Communicate with vendors regarding changes in orders and requirements for products or services, as needed
• Assist with contract risk review partnering with procurement and legal to ensure contracts include appropriate third-party risk clauses
• Update & maintain vendor records using Onbe’s Third-Party Vendor Risk Management platform
• Prepare reports for senior management on KPIs and vendor spend, as needed
• Support Third Party Vendor Risk Manager and Legal team, as needed
• Other assigned duties/initiatives, as needed

Qualifications

• 2+ years in third party vendor risk management or similar role
• Bachelor’s degree in business preferred or strong business acumen
• Ability to develop and maintain positive vendor and business stakeholder relationships
• Excellent verbal and written communication
• Highly detailed oriented with excellent organization and time management skills
• Ability to work in a fast-paced environment
• Proficiency in using Microsoft Office Suite
• Familiarity with relevant software and technology (e.g. Third Party Vendor Risk Management, Procure-to-Pay, Contract Life Cycle Management)

The base salary range for this position is between $62,460.00 to $68,250 with eligibility for an annual bonus. The actual base salary offered depends on a variety of factors, including but not limited to the qualifications of the individual applicant for the position, years of relevant experience, specific and unique skills, level of education attained, certifications or other professional licenses held, business needs, and market demand. Our competitive benefits includes medical, dental, vision, wellness, 401(k) matching, unlimited PTO, work from anywhere, generous parental leave, and more! Our job titles may span more than one career level. All candidates are encouraged to apply.