Vendor Manager

• Degree/Certifications Required: • Post-Secondary Education
• Years of experience: 5-7 yrs
• Reason for request/why opened: New projects
• % Interaction with Stakeholders: 100%
• Project Scope: Drive sourcing strategies within the LOB / Value for the money / Supplier management
• Team Size: 7ppl
• Selling Points of Position: Working within a leading Fi organization
• Background : Sourcing manager exp Ideally in the FI experience with top tiers vendors . Exp with Ariba is very much preferred
• Soft skill : Executive presentation and communication

• Act as liaison with business / executives and provide sourcing expertise and recommendations to business partners to optimize Sourcing strategies to enable Client and business specific objectives and goals
• Manage category and strategic sourcing strategies and initiatives that support Client and business partner needs and objectives as well as help to mitigate risks to the organization
• Leads supplier negotiations to maximize total cost of ownership in a given category and work with business partners

• Adhere to enterprise frameworks or methodologies that relate to sourcing activities for our business area
• Ensure respective sourcing programs/policies/practices are well managed, meets business needs, complies with internal and external requirements, and aligns with business priorities
• Ensure business operations are in compliance with applicable internal and external requirements (e.g. financial controls, segregation of duties, transaction approvals and physical control of assets)
• Actively manage relationships within and across various business lines, corporate and/or control functions and ensure alignment with enterprise and/or regulatory requirements
• Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite

• Participate fully as a member of the team, support a positive work environment that promotes service to the business, quality, innovation and teamwork and ensure timely communication of issues/ points of interest
• Contribute to a fair, positive and equitable environment that supports a diverse workforce

• Highly seasoned professional role requiring substantial knowledge of Sourcing and procurement and/or knowledge of broader related areas
• Converts information to compelling business context and advice; influences and gains alignment across increasingly senior stakeholders
• Works autonomously as the lead and guides others within area of expertise
• Integrates knowledge of the enterprise sub-function’s or business line’s overarching strategy in developing solutions across multiple functions or operations
• Interprets internal/external business challenges and the industry environment, recommends course of action and best practices to improve products, processes or services

• Advance Negotiation Skills: Proficient in negotiating complex contracts and terms for IT solutions
• Excellent relationship management and presentation skills
• Experience managing senior executive relationships
• Strategic Sourcing: Developing and implementing sourcing strategies aligned with business goals
• Supplier Development: Working closely with suppliers to improve quality, costs, and delivery performance
• Risk Management: Identifying and mitigating risks related to sourcing and supply chain disruptions
• Contract Negotiation and Management: Managing complex contracts, including terms, conditions, and performance metrics

• Ariba SAP & Coupa risk

ProViso Consulting