Third Party/Vendor Risk Management (VRM) Program

The Department of Housing and Urban Development (HUD) is conducting market research to identify parties with the resources to support the Third Party/Vendor Risk Management (VRM) Program. The program aims to provide oversight of Ginnie Mae vendors and related staff to ensure compliance with vendor contract requirements and applicable laws and regulations. The contractor will perform annual VRM assessments, provide service organization monitoring and risk mitigation, and offer Information Technology Governance support. The contractor should have expertise in areas such as Certified Public Accountant (CPA), Certified Information Systems Auditor (CISA), and Certified Internal Auditor (CIA). Key aspects of the job include: • Performing annual VRM assessments for Ginnie Mae's vendors • Providing service organization monitoring and risk mitigation • Offering Information Technology Governance support • Updating the VRM Framework • Conducting vendor assessments • Providing training services and special projects • Ensuring compliance with vendor contract requirements and applicable laws and regulations