IT Vendor Manager/Third-Party Risk
Are you collaborative, resourceful and highly organized? Do you enjoy developing relationships with influential stakeholders? If yes, this could be your next opportunity!
Working with one of the top financial clients, this role calls for an IT Vendor Manager/Third-Party Risk who will be responsible for managing Third Party Business Arrangements throughout all stages of the Third Party Management Lifecycle (TPML). This role involves monitoring, analyzing, and reporting on vendor performance, ensuring compliance with relevant frameworks and policies, and mitigating risks associated with vendor relationships. The position requires a deep understanding of vendor management principles and the ability to lead complex projects while collaborating with various stakeholders. Successful candidate will be supporting high high-profile portfolio within the client, and will be expected to speak to 3-4 stakeholders on a regular basis about opening new vendor engagements. This role will rely on the ability to manage relationships and cultivate strong connections with the appropriate line of business, and walk them through the relevant client’s processes.
Responsibilities:
- Manage Third Party Business Arrangements through all stages of the TPML.
- Monitor, analyze, and report on vendor performance against SLAs, SLOs, and KPIs.
- Identify and escalate issues to mitigate risks associated with vendor relationships.
- Lead problem resolution for complex issues and provide subject matter expertise.
- Maintain strong relationships with internal stakeholders and ensure compliance with the client’s policies and standards.
- Conduct internal and external research projects and support the development of presentations to management.
- Collaborate with internal stakeholders to support business needs and manage transitions or terminations of vendors.
Desired Skill Set:
- 5 years of Vendor Management Experience
- 5 years of experience with Third-Party Management Lifecycle
- Excellent written & verbal communication skills
- Strong interpersonal & time management skills
Nice To Have:
- Banking Experience
- Prior risk assessment experience
- Project Management experience – ability to lead, plan, implement, and evaluate project activities
- Familiarity with procurement platforms such as Coupa and Ariba
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