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Intern - Vendor Risk Assessment Coordinator (Summer)

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WEX

2mo ago

  • Internship
    Full-time
    Summer Internship
  • Logistics
    Business, Operations & Strategy
  • Portland
  • Quick Apply

AI generated summary

  • You should be a rising junior/senior/master's student with strong project management, communication, analytical, and interpersonal skills. Excel/Google Sheets knowledge is a plus; Procurement experience desired.
  • You will assess vendor risks, manage compliance backlog, enter vendor data, improve operations, review materials for gaps, lead projects, collaborate with teams, and monitor risk data.

Requirements

  • At a minimum, you should be a rising junior, senior, OR masters-level student, in a degree/certificate-seeking accredited program.
  • Strong project management skills, including planning and execution.
  • Strong written and verbal communication skills, including presenting information.
  • Strong quantitative, analytical and problem solving skills.
  • Strong interpersonal, leadership and communication skills.
  • Ability to work in a dynamic, collaborative environment.
  • Experience and working knowledge of Microsoft Excel and/or Google sheets is a plus.
  • Prior experience in Procurement is desired, but not required.

Responsibilities

  • Supporting the Vendor Management Team in assessing vendor risks.
  • Working to clear the backlog of US and international vendors and ensure they are in compliance with WEX’s regulatory requirements.
  • Data entry for vendor diligence analytics.
  • Driving operational improvements through specific project-based work.
  • Align with Business owners and Global Sourcing for new vendor selection.
  • Reviewing incoming materials for gaps and potential risks.
  • Actively lead internal projects around vendor management process improvements.
  • Work closely with multiple lines of the business and bring strategic visions to key initiatives.
  • Learn and operate within WEX’s P2P and Vendor Risk tools.
  • Monitor data for relevant risk changes with the tool and escalate as needed.

FAQs

What is the location of the internship?

The internship is flexible for a hybrid schedule from Portland, Maine.

What type of tasks will the intern be responsible for?

The intern will support the Vendor Management Team in assessing vendor risks, clear the backlog of vendors, conduct data entry for vendor diligence analytics, and drive operational improvements through project-based work, among other responsibilities.

What qualifications are required for the internship?

Candidates should be a rising junior, senior, or master's-level student in a degree/certificate-seeking accredited program.

Are there specific skills the intern should possess?

Yes, strong project management skills, communication skills (both written and verbal), quantitative and analytical skills, and interpersonal skills are important. Experience with Microsoft Excel and/or Google Sheets is a plus.

Is prior experience in Procurement required for this role?

No, prior experience in Procurement is desired but not required.

What is the pay range for the internship?

The pay range for the internship is $18.00 - $23.00 per hour.

What benefits does WEX offer for this internship?

WEX offers a comprehensive benefits package including health, dental and vision insurances, retirement savings plan, paid time off, health savings account, flexible spending accounts, life insurance, disability insurance, tuition reimbursement, and more.

Will the intern be involved in strategic initiatives?

Yes, the intern will work closely with multiple lines of the business and contribute to strategic initiatives related to vendor management.

How will the intern gain experience during the internship?

The internship provides hands-on, practical experiences while working alongside experienced teams, allowing interns to develop their skills and contribute to important business decisions.

What operational tools will the intern learn to use?

The intern will learn and operate within WEX's P2P (Procure-to-Pay) and Vendor Risk tools.

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WEX

Simplifying the business of running a business.

Technology
Industry
5001-10,000
Employees
1983
Founded Year

Mission & Purpose

WEX (NYSE: WEX) is the global commerce platform that simplifies the business of running a business. WEX has created a powerful ecosystem that offers seamlessly embedded, personalized solutions for its customers around the world. Through its rich data and specialized expertise in simplifying benefits, reimagining mobility and paying and getting paid, WEX aims to make it easy for companies to overcome complexity and reach their full potential. For more information, please visit www.wexinc.com.