What are the responsibilities and job description for the Director, Vendor Management position at Medica?
Description
The Director position will envision, staff, and oversee the vendor management function at Medica, This position is responsible for developing and executing Medica's Vendor Management strategies to optimize vendor performance, ensure effective risk management and compliance, and drive value in vendor relationships. This role will involve close collaboration across the Enterprise Sourcing & Vendor Management Team, along with various departments, including IT, finance, and operations, to ensure alignment with business objectives and enhance vendor management processes.
Key Accountabilities
- Vendor Management Governance
Develop, educate, and ensure adherence to Medica's Vendor Management policies, standards, and practices via oversight of Medica's federated vendor managers
Owns and maintains oversight for key contracted third party vendor relationships, understanding interlinkages, synergies, and strategy for service delivery, performance and contract management
Works collaboratively with Legal, Security and other stakeholders in the vendor review, negotiation and approval process
Monitor contractual service level agreements to ensure that vendors meet ongoing business needs; addresses performance issues with vendors and arranges for resolution and restitution.
Lead and manage the vendor management team, providing guidance, mentorship, and performance management.
Minimum Qualifications
Skills and Abilities
This position is an Office role, which requires an employee to work from the Minnetonka, MN office on average, 2 times per week.
The full salary range for this position is $127,800 - $219,000. Annual salary range placement will depend on a variety of factors including, but not limited to, education, work experience, applicable certifications and / or licensure, the position's scope and responsibility, internal pay equity and external market salary data. In addition to base compensation, this position may be eligible for incentive plan compensation in addition to base salary. Medica offers a generous total rewards package that includes competitive medical, dental, vision, PTO, Holidays, paid volunteer time off, 401K contributions, caregiver services and many other benefits to support our employees.
The compensation and benefits information is provided as of the date of this posting. Medica's compensation and benefits are subject to change at any time, with or without notice, subject to applicable law.
Medica's commitment to diversity, equity and inclusion (DEI) includes unifying our workforce through learning and development, recruitment and retention. We consistently communicate the importance of DEI, celebrate achievements, and seek out community partnerships and diverse suppliers that are representative of everyone in our community. We are developing sustainable programs and investing time, talent and resources to ensure that we are living our values. We are an Equal Opportunity / Affirmative Action employer, where all qualified candidates receive consideration for employment indiscriminate of race, religion, ethnicity, national origin, citizenship, gender, gender identity, sexual orientation, age, veteran status, disability, genetic information, or any other protected characteristic.
Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
Salary : $127,800 - $219,000
