Hi, I’m
Jennifer Arashnia
Summary
With a proven track record at First Tech Federal Credit Union, I excel in optimizing supplier selection and engaging management, showcasing adaptability and strategic decision-making. My expertise in third-party relationship and due diligence has significantly enhanced operational efficiency and compliance, affirming my status as a dynamic leader in procurement and risk management.
Overview
19
years of professional experience
Work History
USAA through The Millenium Group
Sourcing Procurement Manager and 3rd Party Relationship
04.2020 - Current
Job overview
- Administered a large-scale portfolio comprising more than 1000 contracts for Chief Legal Office.
- Executed task of processing RFXs and terminating contracts successfully.
- Coordinated and facilitated comprehensive Risk and Control Assessments.
- Administered comprehensive due diligence processes for pre-award and post-award stages.
- Coordinated efforts between leadership, internal legal advisors, and cross-functional specialists for enhanced third-party relationship management.
- Coordinated with stakeholders to establish consensus on key contractual elements and compliance requirements.
- Engaged with internal Quality Assurance Managers to address audit findings.
- Managed priorities to meet all deliverable deadlines promptly.
- Enabled thorough assessment of risk profiles via Inherent Risk Questionnaire process.
- Identified, monitored and led action plans to address risk and performance issues/findings following approved escalation processes for timely resolution and completion.
- Teamed up with business and compliance professionals to strengthen identified risk areas.
- Reviewed contract documentation accurately reflects products/services provided via assigned third-party relationships.
- Monitored third-party's ability to deliver against contractual requirements and service level agreements.
- Facilitated management routines and documented conversations between company partners and third-party relationships to gain alignment of approach to compliance with new or changing laws and regulations, strategic direction, etc.
- Served as a resource to peers and team members for raised issues.
- Performed aggregated risk reviews and scorecards across all the Third-Party Relationships with that Third Party at company.
First Tech Federal Credit Union
Senior Vendor Risk Program Manager
06.2013 - 04.2019
Job overview
- Served as primary liaison for TPRM program inquiries from regulators, examiners, and auditors.
- Addressed remediation efforts stemming from regulatory examinations.
- Applied expertise to manage compliance measures arising from Matters Requiring Attention directives.
- Crafted adaptable tools and policies that enhanced organization-wide understanding of third-party risk management.
- Utilized various frameworks such as SIG, COBIT, NIST, ITI, and ISO.
- Enhanced process efficiencies through extensive knowledge of the RSA Archer tool.
- Collaborated on creating comprehensive frameworks for TPRM solutions.
- Performed testing on updates, system upgrades, and data feeds to ensure functionality.
- Collaborated with Business Units consistently to address and streamline risk mitigation efforts.
- Enhanced risk management programs and tools through continuous evaluation of third-party control measures alongside functional teams.
- Evaluated compliance through assessment of SOC reports, BCP programs, audited financial statements, and SEC filings.
First Tech Federal Credit Union
Contracts Administrator
11.2010 - 05.2013
Job overview
- Negotiated redlined contracts for various business lines per company standards.
- Combined, evaluated, coordinated, classified, and ranked numerous third-party vendors during Merger & Acquisition event.
- Facilitated internal and external meetings to address third-party contract management processes.
First Tech Federal Credit Union
Enterprise Risk & Audit Administrator
11.2005 - 10.2010
Job overview
- Organized and managed scheduling for federal exams and audits.
- Collected user requirements and process details through interviews with key business stakeholders.
- Tracked progress and execution of action items stemming from audit findings and regulatory reviews.
- Prepared and delivered detailed briefs on ongoing open finding developments at Supervisory Committee assemblies.
- Managed activities concerning Regulatory Exams and associated requirements.
- Supported development and refinement of critical elements in pre-Merger Integration efforts.
Education
Saint Mary’s College of CaliforniaMoraga, CA
Bachelor of Arts from Business Administration
Skills
- Price negotiation
- Supplier Onboarding
- Optimized Supplier Selection
- Supplier Engagement Management
- Adaptability
- Policy improvements
- Proactive Self-Starter
- Prioritization and Time Management
- Account Relationship Development
- Regulatory Standards Knowledge
- Supplier Performance Oversight
- Efficiency Management
- Cost Structure Evaluation
- Strategic Decision Making
- Audience-Focused Communication
- Ethical Supply Chain Management
- Project management
- Relationship Building Expertise
- Consistent Professional Conduct
- Team Development
- Supplier Performance Review
- Strong Organizational Abilities
- Operational Efficiency
- Contractual Agreement Management
- Quality Assurance
- Third Party Relationship Management
- Third-Party Due Diligence
Groups
- ISACA-Information Systems Audit & Control Association
- SF Group-Shared Assessments
- PLI-Practicing Law Institute
- OCEG-Open Compliance and Ethics Group
- ST Mary’s Alumni
Software System Expertise
- Microsoft Office
- Apttus Salesforce CLM system
- Metric Stream
- PeopleSoft
- Enlighta
- DocuSign
- RSA Archer eGRC
- Venminder
Subject Matter Expertise
- Financial Services
- Vendor Management
- Supplier Management
- Third Party Relationship Management
- Regulatory Remediations
- Enterprise Risk Governance & Compliance
- Third-Party Risk/Supplier Risk
- Sourcing and Procurement
- Contract Management
- Project/Process Management
Affiliations
- Walking
- Breathing
- Gardening
- Cooking
- Reading
- Learning
Accomplishments
- Completed Texas Real Estate Course Hours for licensing
- Community Volunteer: Meals on Wheels, Neighborhood Watch
- Competed in 10Ks and half-marathons
- Social Media Contributor
Languages
English
Native/ Bilingual
Spanish
Elementary
Korean
Elementary
Farsi
Elementary
References
References available upon request.
Timeline
Sourcing Procurement Manager and 3rd Party Relationship
USAA through The Millenium Group
04.2020 - Current
Senior Vendor Risk Program Manager
First Tech Federal Credit Union
06.2013 - 04.2019
Contracts Administrator
First Tech Federal Credit Union
11.2010 - 05.2013
Enterprise Risk & Audit Administrator
First Tech Federal Credit Union
11.2005 - 10.2010
Saint Mary’s College of California
Bachelor of Arts from Business Administration
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