Sr. Vendor Manager – Banking – BeachHead

Title of the Job: Sr. Vendor Manager – Banking

Location: Toronto, ON

Job Description: 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 a Sr. Vendor Manager – Banking who will manage vendor relationships through all stages of the agreement lifecycle, in alignment with relevant client’s frameworks/methodologies, and with business and enterprise objectives. This person will provide leadership, direction and coaching to teams while partnering with business and executive stakeholders within a line of business. The successful candidate will manage vendor relationships to the business’s strategic goals and objectives, understanding and reconciling competing priorities and evolving business requirements while evaluating vendor performance and ensuring the prompt and thorough resolution or escalation of performance issues, understanding/managing risks associated with customer-facing/impacting vendors. The ideal candidate will possess excellent verbal and written communication skills with attention to detail and possess strong customer service and interpersonal skills with the ability to work independently.Responsibilities:

• Develop and maintain effective relationships with internal client partners and vendors to ensure business priorities requirements are clearly understood and met, and objectives are aligned
• Provide advice and guidance to business partners and VM teams as appropriate regarding VM best practices to optimize and secure value from third-party relationships
• Understand contractual terms and conditions, and their commercial implications to the business in order to effectively manage vendor agreements and relationships
• Represent the needs of the business and actively participate in contract negotiations and enterprise vendor management governance meetings
• Actively engages with SSG sourcing partner to share business, industry and vendor insights in support of strategic planning and contract negotiations
• May provide input into strategic planning, then implement strategic direction set by Business Leadership across all relevant business units, and lines of business in the case of enterprise vendors, including employment of agreed VM governance
• Apply organizational change management principles and practices to effectively manage stakeholder and vendor expectations, anticipating downstream impacts and planning accordingly to minimize disruption (e.g. during vendor transition; on-boarding/off-boarding) Engages business partners to ensure active participation on vendor governance and oversight, ensuring roles and responsibilities are clearly defined
• Apply sound judgment by understanding priorities, and dependencies and making pragmatic decisions in the context of enterprise and line of business objectives
• Develop and retain in-depth knowledge and expertise of marketplace and industry developments pertaining to vendor relationship, category, and business requirements

Desired Skill-Set:

• 10 years of Vendor management experience or market data specialist experience
• Experience with procurement
• Strong communication skills – verbal and written
• Excellent people management skills: conflict management and ability to deal with all sorts of personalities
• Excellent relationship management skills
• MS Office experience

Nice to Have:

• Procurement experience
• 10 years of Banking experience

BeachHead is an equal opportunity agency and employer. We advocate for you and welcome anyone regardless of race, color, religion, national origin, sex, physical or mental disability, or age.

Company Name: BeachHead

Salary:

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