Vendor Manager

Role Overview

• Manages and optimizes relationships with key vendors to ensure efficient and cost-effective procurement of goods and services
• Monitors vendor performance and enforces contract terms to ensure compliance and analyzes vendor costs to achieve cost savings and efficiency improvements.
• Collaborates with internal stakeholders to implement strategic planning and best practices in vendor and supplier relationship management and risk management.
• Prepares and presents reports on vendor performance, cost savings, and other key metrics to leadership
• Act as a liaison between internal teams—such as Credit Strategy, Fraud Operations, Compliance, Technology, and Legal—and external partners to ensure seamless solution integration and timely delivery of capabilities.

Requirements

• Bachelor's Degree Business Administration, Supply Chain Management, or related field plus 3 years of related work experience OR advanced degree with 1 year of related work experience OR combination of education and experience deemed equivalent.
• Master's/Advanced Degree Business Administration, Supply Chain Management, or related field (Preferred)
• 2-4 years
• Implementing strategic planning and best practices in procurement and risk management (Required)
• 4-7 years
• Managing and optimizing relationships with vendors in a corporate setting (Required)
• 4-7 years
• Analyzing vendor costs and managing budgets to achieve cost savings and efficiency improvements (Required)
• Vendor Management
• Expertise in managing and optimizing relationships with vendors to ensure efficient procurement and compliance with contract terms. (Required)
• Strategic Planning
• Ability to develop and implement strategic plans that align with organizational goals and optimize vendor relationships. (Required)
• Negotiation
• Strong negotiation skills to secure favorable terms and manage costs effectively in vendor contracts. (Required)
• Analytics
• Proficiency in analyzing vendor performance metrics and cost data to identify improvement opportunities. (Required)
• Risk Management
• Capability to assess and mitigate risks associated with vendor relationships and procurement processes. (Required)
• Reporting & Analysis
• Ability to prepare detailed reports on vendor performance, cost savings, and other key metrics for leadership review. (Required)
• Microsoft Excel
• Advanced skills in Microsoft Excel for data analysis, reporting, and financial modeling related to vendor management. (Required)
• Communication
• Excellent communication skills for effective collaboration with internal stakeholders and vendors. (Required)

Benefits

• Health insurance
• 401(k) matching
• Employee stock grants
• Employee stock purchase plan
• Paid time off
• Up to 12 paid holidays
• Paid parental and family leave
• Family building benefits
• Back-up care
• Enhanced family support
• Childcare subsidy
• Tuition assistance
• College coaching
• Short
• and long-term disability
• Voluntary AD&D coverage
• Voluntary accident coverage
• Voluntary life insurance
• Voluntary disability insurance
• Voluntary long-term care insurance
• Mobile service & home internet discounts
• Pet insurance
• Access to commuter and transit programs