1 week after mole shaved off, possibly infected? (Photo)

I had a mole removed from my hip one week ago. I keep it covered and make sure it doesn't dry out and scab. But I thought it would heal faster than it has been. It is still very sore and is a little red around the edges of the wound. It is also very itchy and has a small amount of pus colored drainage every time I remove the bandaid. Does it look infected? Is there something else I can or should do?