What are the responsibilities and job description for the Strategic Vendor Management Lead position at Axiom Bank, N.A.?
About the Role
Axiom Bank, N.A. is seeking a highly skilled Strategic Vendor Management Lead to join our team.
Job Summary:
The Strategic Vendor Management Lead will be responsible for developing and implementing effective vendor management policies, procedures, and strategies to mitigate risks associated with third-party vendors.
Key Responsibilities:
- Vendor Selection and Contract Negotiation: Facilitate the selection and negotiation of vendors, ensuring that contracts are fair, reasonable, and compliant with regulatory requirements.
- Risk Assessment and Mitigation: Continuously monitor vendor risk, develop SLAs with contract owners, and ensure that vendors meet performance levels and due diligence requirements.
- Database Management: Maintain a comprehensive database of pertinent risk information related to third-party vendors, providing regular reporting to senior leadership and stakeholders.
- Enterprise-Wide Needs: Ensure that enterprise-wide needs for due diligence, risk assessment, and continuing vendor monitoring are met.
- Troubleshooting: Troubleshoot all vendor problems and present solutions to management as required.
Requirements:
- Experience: Minimum 7 years of experience in vendor management, preferably in a financial services institution.
- Education: High School diploma or equivalent required; Bachelor's Degree in Business or related discipline preferred.
- Skills: Strong problem-solving skills, ability to work flexible schedules, strong attention to detail, strong customer service orientation, demonstrated negotiation skills.
Working Conditions:
This position may be performed in a regular office work environment or remote. The position requires some physical activity in the maintenance of facilities and corporate office. Able to lift over 10 lbs. The incumbent will be expected to be able to work Monday through Friday; occasional evening and weekend work may be required. Flexibility with work location and hours may be granted if circumstances permit.
Salary Range: $90,000 - $120,000 per year, depending on experience.
Salary : $90,000 - $120,000