IT Vendor Management Specialist

vendor management, contract management, risk management, performance management
Contract W2, Contract Independent, Contract Corp-To-Corp, 12 Months
Depends on Experience
Work from home not available Travel not required

Job Description

  1. Third Party Risk Management:

 

  • Assist in the planning, design and implementation of a Vendor Performance Management program including the policy, framework and procedures
  • Contributes and executes overall strategy and vision of the Vendor Management Unit (VMU)
  • Oversees the third-party on-boarding process, including risk assessment and due diligence through partnerships with Legal, business unit and security to ensure all requirements are met.
  • Oversees the day-to-day risk mitigation, monitoring, and reporting as it relates to third party relationships
  • Considered subject matter expert in associated risk and risk management methodology
  • Review vendor risk assessment outputs to ensure risk has been appropriately assessed
  • Delivers reporting from the third-party risk management platform and team presentations to stakeholders, including to senior management and oversight committees, including reporting on critical and high-risk relationships/products.
  • Aid in design, creation and delivery of program training to internal business unit stakeholders
  • Ensure departmental documents and activities are performed in compliance with applicable laws, regulatory standards and company policies and procedures
  • Participate in team’s preparation and involvement in regulatory examinations
  • Assist with the creation of policies and procedure for the Vendor Management Unit
  • Develop and maintain Vendor Scorecards
  • Analyze external supplier data to drive recommendations 
  • Challenges and provides process improvement strategies on existing procedures and processes across the team and risk organization to achieve efficiencies.
  • Basic understanding of SOC reports, Business Continuity Planning, Inherent Risk and Entity Level Controls

 

  1. IT Contract Management:

 

Contract Administration

  • In coordination with Procurement (OPCG and DIT) and legal, provide the following duties: reviewing and red-lining contracts, providing recommendations on business risks to contract owners, coordinating the appropriate additional reviews from departments such as Security, depending on contract type, and ensuring compliance with Federal/State Policies and Standard Operating Procedures.
  • Perform pre-contract support, including vendor pre-qualification (RFI and IFB, RFP, and RFQ)
  • Review and assist negotiating contracts (includes NDAs, master agreements, amendments, statements of work, etc.) in all areas of complexity and risk, with minimal supervision
  • Interface with Business Owners to ensure contract negotiation objectives align with key stakeholder expectations and provide project status and analysis throughout the negotiation and contract development phases
  • Evaluate vendor documents to determine acceptability based on business unit needs and Federal/State standards
  • Resolve contractual and interpretive differences between vendors and business units
  • Develop and promote strategic partnerships with vendors
  • Provide financial analysis support for financial negotiations of contracts
  • Develop goals and metrics for measuring and managing supplier performance
  • Mitigate vendor risk and create third party contingency plans

 

Performance Management

 

As IT Vendor Management subject matter expert, drives performance standards utilizing creative problem solving to find win-win solutions to challenges.

Creates, modifies, and extracts reports and dashboards to communicate key metrics to contracting personnel and leadership team.

  • Create and Implement a performance management and risk management process
  • Build the methodology to measure and improve vendor performance
  • Build and lead strategic road maps and capacity forecasts
  • Reduce OpEx and optimize CapEx spend
  • Create vendor partnerships to drive innovation and optimize vendor performance
  • Build out analytics and reporting capabilities 

 

 

Posted By

Sri Murthy

1900 Lafayette St, Suite # 220 Santa Clara, CA, 95050

Dice Id : 10289500
Position Id : 6296587
Originally Posted : 3 months ago
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