Job Description

Candidate Profile Details:

• Degree/Certifications Required: university degree in a relevant discipline
• Years of experience: 5-7 years of experience
• Reason for request/why opened: backfilling a maternity leave
• % Interaction with Stakeholders: 60% of their time is corresponding with their assigned LOB
• Project Scope: N/A - BAU support for Procurement Tea
• Team Size: 10
• Personality Style/Team Culture: super friendly and helpful, close knit team
• Selling Points of Position: high profile portfolio, opportunity to work on a new initiative

Best Vs Average Candidate:

• Ideal candidate will have prior Client experience, and a background in technology and onboarding technology applications.
• Strong analytical skills and experience with data analysis methods and reporting techniques would be an asset
• How will performance be measured: feedback from lines of business

Summary Of Day To Day Responsibilities

• The Vendor Manager is 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 profile portfolio within Client securities, and will be expected to speak to 3-4 stakeholders on a regular basis about opening new vendor engagements.
• This role will rely on ability to manage relationships and cultivate strong connections with the appropriate line of business, and walk them through relevant Client processes.
• Successful candidate will be paired with a direct sourcing lead to help with engagements. Scope of work may include but is not limited to:

o Manage Third Party Business Arrangements through all stages of the TPML.
o Monitor, analyze, and report on vendor performance against SLAs, SLOs, and KPIs.
o Identify and escalate issues to mitigate risks associated with vendor relationships.
o Lead problem resolution for complex issues and provide subject matter expertise.
o Maintain strong relationships with internal stakeholders and ensure compliance with Client 's policies and standards.
o Conduct internal and external research projects and support the development of presentations to management.
o Collaborate with internal stakeholders to support business needs and manage transitions or terminations of vendors.
Must Have:

• 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 (strong asset)
• 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

Job Details
13531
Contract
14 months
Toronto
45.00 CAD
Recruiter
Arshdeep Kaur
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Skills Required