OverviewAbout Us
Founded in 1993, Bayview Asset Management is an investment management firm focused on investments in mortgage and consumer credit, including whole loans, asset-backed securities, mortgage servicing rights, and other credit-related assets.
Position Summary
The Senior Associate, Category & Third-Party Risk Management supports the full lifecycle of vendor engagement and oversight across Bayview and its affiliates. This role focuses on non-technology categories—including HR, professional services, and operations-related suppliers—and ensures effective vendor due diligence at onboarding and annually, facilitating contract reviews with Legal, and compliance with the company’s third-party risk framework. The Senior Associate partners closely with business stakeholders, Legal, and Risk teams to enable efficient onboarding, manage renewals, and drive continuous improvement in vendor governance.
Responsibilities:
Vendor Relationship & Stakeholder Management
- Collaborate with internal stakeholders to understand business needs, define sourcing strategies, and identify optimal vendors for non-IT spend categories.
- Facilitate early engagement with business units to ensure alignment with procurement and risk management processes.
- Serve as a point of contact for vendor-related inquiries, issue resolution, and ongoing performance monitoring.
Contract Support
- Partner with Legal and Risk partners to ensure appropriate contract terms, compliance language, and risk mitigation are in place.
- Manage all correspondence with vendors and stakeholders during the contract review process, ensuring timely execution and accurate documentation.
- Maintain up-to-date contract records in Bayview’s TPRM platform and coordinate renewals or expirations with relevant stakeholders.
Third-Party Risk & Due Diligence
- Conduct vendor risk assessments for new and existing non-IT vendors in partnership with Risk, Data Privacy, and Information Security teams.
- Manage onboarding and annual due diligence reviews, ensuring required documentation is complete and risks are appropriately escalated or mitigated.
Analytics & Reporting
- Track and report key third-party risk management (TPRM) metrics, including due diligence completion, and contract cycle times.
- Support category reporting and spend review to identify opportunities for supplier rationalization.
- Assist in developing dashboards or reporting through tools such as Excel or Power BI.
Required Qualifications:
- 3–5 years of experience in strategic sourcing, vendor management, procurement, or third-party risk, preferably in the financial services or mortgage servicing industry.
- Experience reviewing and interpreting vendor contracts and understanding key commercial, legal, and operational terms.
- Familiarity with third-party risk management practices, regulatory expectations, and vendor due diligence processes.
- Strong interpersonal skills to build relationships and provide high levels of service to internal stakeholders.
- Excellent organizational and analytical skills with attention to detail.
- Strong written and verbal communication skills.
Desired Qualifications
- Experience reviewing vendor contracts within non-IT categories (e.g., professional services, HR, or operational service providers).
- Knowledge of vendor governance frameworks and enterprise procurement systems.
- Exposure to vendor risk management programs in the financial services sector.
- Proficiency with Excel, Power BI, and other reporting or contract management tools.
- Self-starter who can manage multiple priorities in a fast-paced, collaborative environment.
Location:
- This role will be based either in New York or fully remote.
*Salary may vary based on work experience, market conditions, location, and qualifications/training.
Physical Demands and Work Environment
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to sit and use hands to handle, touch or feel objects, tools, or controls. The employee frequently is required to talk and hear. The noise level in the work environment is usually moderate. The employee is occasionally required to stand; walk; reach with hands and arms. The employee is rarely required to stoop, kneel, crouch, or crawl. The employee must regularly lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, color vision, and the ability to adjust focus.
EEOC
Bayview is an Equal Employment Opportunity employer. All aspects of consideration for employment and employment with the Company are governed on the basis of merit, competence and qualifications without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, or any other category protected by federal, state, or local law.
