Vendor Management Analyst

Improve the lives of others while Caring. Connecting. Growing together. Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by diversity and inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health equity on a global scale. Join us to start Caring. Connecting. Growing together. Optum Bank is seeking a Vendor Management Analyst to join a highly visible and dynamic team. As a Vendor Management Analyst, you will play a pivotal role in overseeing vendor relationships, driving efficiency, and ensuring operational excellence across various vendor services. Key Focus Areas Regulatory Compliance: Develop and implement strategies to ensure vendors adhere to all regulatory requirements and industry best practices. Risk Management: Safeguard operational integrity by continuously monitoring vendor compliance and mitigating potential risks. Stakeholder Collaboration: Work closely with internal and external stakeholders, including compliance and legal teams, vendors, and other departments. Innovation and Customer Focus: Foster a forward‑thinking approach to regulatory governance, focusing on continuous improvement and cost‑effectiveness. This role also includes operational oversight and ongoing development, strengthening regulatory governance initiatives, and being accountable for implementing strategies to enhance vendor compliance. To succeed, you need to work well with all bank leaders and operational functions, within and outside Optum Bank. The ideal candidate is strategic, collaborative, determined, and detail‑oriented. This role focuses on risk interpretation and stakeholder communication; it does not involve hands‑on testing, coding, or technical control execution. You’ll enjoy the flexibility to work remotely from anywhere within the U.S. For all hires in the Minneapolis or Washington, D.C. area, you will be required to work in the office a minimum of four days per week. Primary Responsibilities Review and interpret third‑party contracts, service level agreements (SLAs), and assurance documentation (e.g., SOC~2, ISO 27001, HITRUST) to identify vendor risk considerations and compliance gaps from a business and regulatory perspective. Collaborate with internal stakeholders to assess vendor alignment with organizational policies and risk tolerance. Assist in developing and maintaining third‑party governance frameworks, policies, and procedures. Prepare regular reports on vendor risk status for senior leadership, risk committees, and auditors. Monitor overall vendor program performance against SLAs, KPIs, and risk mitigation plans. Partner with Procurement, Legal, IT, and other departments to ensure a holistic approach to third‑party risk management. Provide training to internal stakeholders on TPRM policies, tools, and best practices. Track regulatory developments and ensure vendors remain compliant with applicable laws and guidelines (e.g., FDIC, CFPB). Maintain a centralized repository of third‑party documentation, including risk assessments, contracts, SLAs, and third‑party records. Work with vendors and internal teams to remediate identified issues or risks. Required Qualifications 3+ years of vendor management experience within a financial organization. 2+ years of experience with internal and external audit compliance support (FDIC, FDICIA, GLBA, SOC). 2+ years of governance, risk & compliance (GRC) experience. 2+ years of experience with regulatory guidelines pertaining to the security of sensitive data (PII, PCI, PHI, etc.). 2+ years of experience with HIPAA, PCI, HITRUST, SOX. Preferred Qualifications Experience with creating presentations for executive audience with the ability to translate and communicate complex business, IT, and operational challenges into perspectives that are understandable, impactful, and actionable for leaders. Financial Services industry experience. Located in MN. Compensation & Benefits The salary for this role will range from $72,800 to $130,000 annually based on full‑time employment. In addition to salary, we offer a comprehensive benefits package, incentive and recognition programs, equity stock purchase plan, and 401(k) contribution (all benefits are subject to eligibility requirements). We comply with all minimum wage laws as applicable. Location & Remote Work All employees working remotely will be required to adhere to UnitedHealth Group’s Telecommuter Policy. Application Deadline: This will be posted for a minimum of 2 business days or until a sufficient candidate pool has been collected. Job posting may come down early due to volume of applicants. Equal Employment Opportunity Statement UnitedHealth Group is an Equal Employment Opportunity employer under applicable law and qualified applicants will receive consideration for employment without regard to race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations. UnitedHealth Group is a drug‑free workplace. Candidates are required to pass a drug test before beginning employment. UnitedHealth Group is committed to working with and providing reasonable accommodations to individuals with physical and mental disabilities. If you need special assistance or accommodation for any part of the application process, please call View phone number on click.appcast.io to be connected to Recruitment Services. Recruitment Services hours of operation are 7 a.m. to 7 p.m. CT, Monday through Friday. #J-18808-Ljbffr UnitedHealth-Grou