Director Of Third-Party Vendor Oversight
Mandarich Law Group, LLPChicago, IL
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Overview
Schedule
Full-time
Career level
Executive
Remote
On-site
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Job Description
Mandarich Law Group is one of the country's leading creditor's right law firm with offices in CA, NV, IL, MI, OH, GA and FL, is seeking a Director of Third-Party Vendor Oversight for our downtown Chicago office.
The Director of Third-Party Vendor Oversight is responsible for managing, monitoring, and ensuring compliance of the law firm’s external service providers for legal, financial, and reputational risks while ensuring vendors meet contractual, regulatory, and performance standards.
Key Responsibilities include:
- Establishing and maintaining a risk-based oversight program for process server relationships, separate from any performance and/or cost-based oversight programs
- Develop, define, measure, and test metrics related to process server activities
- Host monthly meetings, with agendas and meeting minutes to discuss vendor complaints, trends and other current issues
- Assist with new vendor selection & due diligence
- Regularly assess vendor performance against established metrics and standards, ensuring that all vendors meet quality and delivery expectations.
- Ensure that all vendor activities comply with company policies, industry regulations, and legal requirements, mitigating any potential risks associated with vendor relationships.
- Maintain accurate records of vendor contracts, performance evaluations, and communications, providing regular reports to management on vendor performance and issues.
- Assist executive leadership to negotiate and maintain service level agreements (SLAs) that include compliance obligations, reporting requirements, and termination clauses
- Track vendor performance, compliance with laws (e.g., Fair Debt Collection Practices Act, FDCPA), and adherence to contractual terms
- Conduct Annual Reviews to obtain and review updated documentation and certify compliance with firm and client requirements. Will include onsite assessments of a limited number of vendors.
- Manage vendor termination or project closure plans when necessary
- Conduct periodic compliance audits, risk assessments, and due diligence on vendors
Requirements
- Experience: Proven experience in vendor management, procurement, or supply chain management is preferred. Prior law firm, audit or compliance role preferred.
- Skills: Strong negotiation, analytical, and problem-solving skills, along with excellent communication and interpersonal abilities.
- Education: Bachelor’s degree or relevant experience
- Technical Proficiency: Proficiency in Microsoft Office Suite (Excel, PowerPoint, etc.).
Benefits
- Competitive Base Salary
- Medical, Dental, and Vision Coverage; 401K plan with company match
- Company paid Life Insurance
- Short and Long Term Disability
- PTO, Float holiday
- Paid Parental Leave
- Onsite gym
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FAQs About Director Of Third-Party Vendor Oversight Jobs at Mandarich Law Group, LLP
What is the work location for this position at Mandarich Law Group, LLP?
This job at Mandarich Law Group, LLP is located in Chicago, IL, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Mandarich Law Group, LLP?
Employer has not shared pay details for this role.
What employment applies to this position at Mandarich Law Group, LLP?
Mandarich Law Group, LLP lists this role as a Full-time position.
What experience level is required for this role at Mandarich Law Group, LLP?
Mandarich Law Group, LLP is looking for a candidate with "Executive" experience level.
What benefits are offered by Mandarich Law Group, LLP for this role?
Mandarich Law Group, LLP offers following benefits: Health Insurance, Dental Insurance, Vision Insurance, Disability Insurance, Life Insurance, Paid Vacation, Parental and Family Leave, 401k Matching/Retirement Savings, and Health & Wellness Programs for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at Mandarich Law Group, LLP?
You can apply for this role at Mandarich Law Group, LLP either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.