Principal Vendor Management - Financial Firm

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Principal, Vendor Management - Financial Firm

Coming out of a financial firm is a huge plus

They need a strong negotiator

The key to this role is that they have heavy professional services, vendor management, dealing with companies like AWS, Cognizant, IBM

Secondary responsibility will be hardware and software management, but they need to be heavy in both

Minimum 10 years experience

They need to have the personality to drive service level issues if the vendors are not delivering

Overseeing finance, making sure they are not being overcharged

Must come from large enterprise environments

Days in the office preferably: m, t, w

SALARY: $150k - $182k plus 25% bonus

LOCATION: Chicago, IL

Hybrid 3 days onsite

Looking for a Principal Vendor Management candiate overseeing and managing relationship with assigned vendors. 8 years experience in vendor management, strategic sourcing, proven ability to plan and lead vender governance meetings. You will have an understanding of contractual commercial and operational working with relationships with global service providers specific to technology professional services contingent labor venders and systems integrations

This role performs vendor management for a variety of vendor types, including all facets of VM including relationship, contract and performance governance, risk performance, and financial management, in accordance with the defined VMO vendor strategy for a variety of vendor types to ensure VMO is driving results.

Qualifications:

8+ yrs. experience in vendor management, strategic sourcing, or related field with significant exposure to strategic and professional services vendors.

Demonstrated experience creating value from collaborative relationship management with strategic partners.

Proven ability to plan and lead vendor governance meetings.

Excellent problem-solving and conflict resolution skills in vendor and internal customer relationship environments. Ability to drive results.

Understanding of contractual, commercial, and operational working relationships with global service providers, specific to technology, professional services, contingent labor vendors and system integrators.

Excellent verbal and written communication skills and stakeholder management skills with the ability to influence at all organizational levels.

Proficiency in analyzing data, assessing vendor performance, and identifying cost-saving opportunities is crucial.

Strong ability to identify, track, resolve and report issues with vendors and stakeholders.

Ability to work independently, balancing multiple priorities while maintaining attention to detail.

Technical Skills:

Proficiency in MS Office, SharePoint, Vendor Governance tools such as Sirion, ERP tools such as Oracle Fusion, and Contract Lifecycle Management tools such as iCertis.

Education and/or Experience:

Bachelor s Degree equivalent required; Supply Chain Management or Project Management preferred. (Master s preferred)

Certificates or Licenses:

Certification in project management, procurement, or supplier management such as SRM, COP, PMP, CPSM, CSMP, CSCP, or CPSD..