Jessica Simonovis

Director, Vendor Risk Management @Western Union

Denver, CO, US

Successfully coordinate significant headwinds upon entering the role, building a dedicated and competent team to support high performance risk management operations\\\\n• Expertly navigate and manage high-stakes incidents on a daily basis, utilizing creativity and strategic foresight to prevent crises that could lead to substantial revenue loss, reputational risk, or regulatory sanctions.\\\\n• Demonstrated proficiency in handling simultaneous, complex issues, leveraging an ability to see the bigger picture to circumvent potential roadblocks and ensure smooth operations\\\\n• Engage transformation management to redefine and recreate the risk management department from the ground up, eliminating discrepancies and creating new tools/processes for accurate, and performant risk management functions.\\\\n• Champion enhancement programs for the risk management sector, setting forth executive strategy and data management implementations to transition from data collection to data management and actionability, driving compliance and improvements.\\\\n• Ideate and implement 3 new risk management silos to go from data collection to data actionability, creating a novel vendor scorecard system to swiftly and accurately evaluate vendors for compliance and risk issues.\\\\n• Spearhead recovery operations from a previous audit before assuming the role, leveraging the new scorecard system.\\\\n• Clear high-priority items in a short timeframe discovered in 2022, enabling and equipping a new, high-performing team to quickly act in a collaborative, cohesive, and decisive manner.\\\\n• Create and implement an automated system for collecting and assessing vendor information with an integrated API and 10 different survey options for risk assessment purposes, vastly improving efficiency and productivity across the organization.\\\\n• Develop enhanced risk assessment policies, KRIs, and strategies to ensure ongoing and improved organizational resilience, compliance, and risk mitigation across all departments and vendors.\\\\n \\\\n\\\\n \\\\n \\\\n\\\\n \\\\n