Vendor Management Specialist

This role will support the Firm’s vendor management process by ensuring compliance with policies, facilitating onboarding and offboarding, and maintaining vendor database. The ideal candidate will bring a strong foundational understanding of vendor management and procurement to work independently and provide insights, while collaborating with the manager and internal stakeholders.

Key Responsibilities

• Serve as a single point of contact for all vendor-related queries, helping internal teams navigate the vendor management process.
• Assist in developing, implementing, and maintaining vendor management policies, procedures, and standards.
• Facilitate vendor onboarding process, ensuring proper approvals, documentation, and reviews.
• Ensure vendor compliance with internal policies and relevant regulations, conducting regular audits and maintaining accurate records.
• Collect, analyze, and interpret vendor data to identify trends, areas for improvement, and cost-saving opportunities.
• Assist in the selection and / or implementation of a global vendor management system.
• Maintain and update vendor databases and reporting tools to ensure data accuracy and accessibility.
• Collaborate with internal stakeholders, to support vendor relationships and risk assessments, including; the senior team member overseeing vendor management, IT Security TPRM onboarding and Legal on contractual matters.
• Conduct regular vendor risk assessments and provide feedback for mitigation strategies.
• Assist in identifying process improvements and contribute to the development of best practices in vendor management.
• Responsible for developing additional vendor-related processes and procedures including but not limited to offboarding, continuity plan and implementation checklist for post-onboarding

Qualifications

Compensation : $120-135K base plus discretionary bonus

This role is onsite in Manhattan 4 days / week (Fridays remote).

Salary : $120,000 - $135,000