Demo

Vendor Manager

Wedbush Securities
Los Angeles, CA Full Time
POSTED ON 2/16/2025
AVAILABLE BEFORE 5/13/2025

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

  • Bachelors degree from an accredited university
  • 7 years of experience in vendor management, supply chain management, or related field
  • Financial or securities industry experience preferred
  • Excellent organizational and project management skills, including the ability to handle multiple projects and prioritize many concurrent tasks
  • Strong verbal and written communication skills
  • Proficient in Microsoft office with intermediate understanding of Microsoft Excel and Word
  • Highly meticulous, detail oriented and accurate
  • Strong analytical and accounting skills and knowledge
  • Excellent customer service 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.

  • Comprehensive medical, dental, and vision coverage with multiple health plan options
  • Health Savings Account (HSA) with company-sponsored contributions
  • Flexible Spending Accounts (FSA) traditional and dependent care
  • Pre-Tax Commuter Benefits
  • 401(k) Plan : competitive discretionary company matching and profit-sharing contributions
  • Tuition reimbursement ($5,250 max per year)
  • Paid Vacation, Sick Time, Holidays, Volunteer Time Off
  • Paid Leave : Parental Bonding, Jury Duty, Military, Disability, etc.
  • FINRA and Professional License Sponsorship
  • Charitable Donation Matching Contributions
  • Travel & Employee Assistance and Employee Discount Programs
  • Discretionary compensation based on the colleague's and the firm's performance
  • 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

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