What are the responsibilities and job description for the Vendor Manager position at Wedbush Securities?
Job Description
Wedbush Securities is one of the nation's largest full-service investment banking and brokerage firms. We provide innovative financial solutions through our Private Client Services, Capital Markets, and Clearing & Execution divisions. We have an immediate opening for a Vendor Manager in our Los Angeles office. The ideal candidate must be dependable, organized, and possess strong time management and communication skills.
Responsibilities include, but are not limited to :
- Establish, manage and maintain good relations with vendors to ensure quality standards and deliverables are met
- Create and maintain vendor management policies, maintain vendor management files
- Review all proposals, execute and renew vendor contracts, manage vendor negotiations
- Calculate, review and approve allocations
- Oversee budgets and invoice payment processing
- Implement cost analysis to ensure accurate calculations
- Oversee risk management to ensure vendor compliance with company, FINRA and SEC standards
- Research, source, analyze, and onboard vendors
- Set and monitor performance standards for existing and future vendors
- Develop strategies to improve service quality of vendors
- Perform standard and custom reporting, as well as monthly, quarterly and annual reporting
- Support Purchasing department with ordering of supplies and allocations
- Perform other tasks and duties as assigned
Experience and Skills
Job Benefits
What Wedbush Offers You
As part of the overall compensation package, Wedbush Securities (WS) offers an array of diverse benefits to our Colleagues.
Applications will be accepted until the position is filled. Decisions regarding compensation are determined on a case-by-case basis and are dependent on a variety of factors including but not limited to location; skill sets; experience and training; licensure and certifications; and other business and organizational needs. A reasonable estimate of the current hiring range is $85,000 to $110,000.
At Wedbush, we recognize that a diverse and inclusive workforce drives innovation, results in higher Colleague satisfaction, fosters superior client service, and adds meaningful value for stakeholders. WS aims to foster a culture of inclusion where all Colleagues are valued for their unique contributions to the firm and provided equal opportunities to succeed.
Wedbush uses E-Verify, an Internet-based system, to confirm the eligibility of all newly hired employees to work in the United States. Learn more about E-Verify, including your rights and responsibilities here https : / / www.e-verify.gov / employees / e-verify-overview
Salary : $85,000 - $110,000