Vendor Management Consultant -(Ariba or COUPA)

Are you collaborative, innovative, and enjoy visionary thinking? Are you a self-motivated individual who is hardworking with proven work history? Are you forward forward-thinking, creative individual who willingly takes ownership of complex and challenging initiatives? Then, Apply Now!

Working with one of the top financial clients, this role calls for a Vendor Management Consultant -(Ariba or COUPA) who will manage vendor relationships through all stages of the agreement lifecycle, in alignment with the relevant client’s frameworks/methodologies, and with business and enterprise objectives.

Responsibilities:

Provide leadership, direction and coaching to teams while partnering with business and executive stakeholders within a line of business.
Facilitate and/or support management of enterprise vendors as assigned. Generally reports to the Senior Manager.
Manages vendor relationships to the business’ strategic goals and objectives, understanding and reconciling competing priorities and evolving business requirements
Evaluates vendor performance and ensures the prompt and thorough resolution or escalation of performance issues, understanding/managing risks associated with customer-facing/impacting vendors
Develops and maintains effective relationships with internal client’s partners, and vendor(s) to ensure business priorities and requirements are clearly understood and met, and objectives are aligned
Provides advice and guidance to business partners and VM teams as appropriate regarding VM best practices to optimize and secure value from third-party relationships
Understands contractual terms and conditions, and their commercial implications to the business to effectively manage vendor agreement(s) and relationship(s)
Represents the needs of the business and/or the Bank and actively participates 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 the employment of agreed VM governance
Applies organizational change management principles and practices to effectively manage stakeholder and vendor expectations, anticipating downstream impacts and plans accordingly to minimize disruption (e.g. during vendor transition; on-boarding/off-boarding)
Engages business partners to ensure active participation in vendor governance and oversight, ensuring roles and responsibilities are clearly defined
Applies sound judgment by understanding priorities, dependencies and making pragmatic decisions in the context of enterprise and line of business objectives
Develops and retains in-depth knowledge and expertise of marketplace and industry developments pertaining to vendor relationships, category and business requirements
Desired Skill Set:

2 years of experience in Vendor Management
2 years of Vendor management experience, experience negotiating contracts (SOWs)
Exposure to Data Analysis
Strong MS Office (Outlook, Word, Excel, PowerPoint)
Nice To Have:

Experience with Coupa or Ariba
Previous banking experience in a similar role