What are the responsibilities and job description for the Vendor Relations Director position at First Tech Credit Union?
DescriptionThe Director of Vendor Relations is responsible for building and maintaining strong partnerships with vendors, driving strategic initiatives, optimizing vendor performance, and ensuring that vendor relationships are mutually beneficial and aligned with our business objectives. Here's what you can expect from the job and what you need to be successful : Job Duties : Provide oversight and direction of one or more department(s) and ensure that procedures and practices are in alignment with credit union objectivesMonitor and support vendor performance by directing the strategy for examining relevant performance and cost metrics for a portfolio of complex vendors to compare against appropriate benchmarksDevelop and implement effective monitoring, tracking and reporting processes, applying management strategies to assess and improve vendor performancePrepare and lead business review meetings for critical vendors and their business line client for the purpose of promoting performance improvement and innovationDevelop and maintain vendor onboarding initiatives to ensure alignment with organizational performance standards and expectationsAnalyze market trends and vendor offerings to make informed recommendations for vendor managementDevelop and implement vendor performance management policies and procedures to streamline operation and improve efficiencyIn partnership with business unit leadership, oversee complex issue and dispute resolution with vendors, acting as the primary point of contact for problem resolutionEnsure all vendor activities comply with company policies, industry regulations, and ethical standardsEssential Skills : Minimum Education : Bachelor’s degree in Business Administration or related field, or equivalent professional experience in lieu of a degreeMinimum 7 years’ experience in vendor management inclusive of one year in a leadership capacityProven people management and development skills, adept at providing frequent and valuable performance feedback to develop and build employeesAble to communicate effectively while tailoring the message to different audiences including senior leadership, technical teams, and member support teams Ability to deliver effective stakeholder presentations to both peer and executive level audiencesStrong ability to structure and organize work to achieve specific deliverables in an environment characterized by tight deadlines with competing and frequently changing prioritiesStrong collaborative skills with the ability to effectively interact with senior and executive leadership, vendors, and internal partnersDemonstrated ability to quickly evaluate complex issues and formulate multiple logical and objective resolutionsDemonstrated skill in negotiating and persuading with all levels of staff to arrive jointly at decisions, conclusions or solutionsAbility to leverage key performance metrics and data to provide insights and make strategic business recommendationsAble to demonstrate a strategic understanding of business needs and translates company goals into individual objectives to drive resultsWorking knowledge of Microsoft Office SuiteLocation : Hillsboro Corporate Office– Hillsboro, OR 97124Target Compensation in Hillsboro, OR : $145,000 to $175,000 annual bonusBenefits options include : Traditional medical, dental, and vision coverage401K matching up to 5% per pay periodAccrue up to 17 days of Paid Time Off your first year of employment11 paid federal holidaysSpecial employee pricing on lending products such as mortgage, auto, and personal loans (eligibility for special employee pricing is subject to standard account requirements and underwriting criteria) What makes First Tech different? Click here to learn more! First Tech is not currently offering Visa sponsorship for this position #FT123 #LI-MG1
Salary : $145,000 - $175,000