Vendor Relationship Job Description
Vendor relationship
provides exceptional customer service skills, with the ability to present to customer audiences; ability to professionally interface with customers effectively and instill confidence.
Vendor Relationship Duties & Responsibilities
To write an effective vendor relationship job description, begin by listing detailed duties, responsibilities and expectations. We have included vendor relationship job description templates that you can modify and use.
Sample responsibilities for this position include:
Review vendor’s policies, procedures and reporting to ensure compliance with required standards
Conduct compliance monitoring and testing to evidence oversight and ensure adherence to policies and procedures
Implement and execute the finance vendor management program that includes evaluation, selection, transition and monitoring of vendors in consultation with VMO Director
Identify, analyze, and recommend finance vendor solutions that support TBS strategic objectives
Partner with TBS and divisional leadership to develop effective finance vendor relationships that ensure high performance and competitive pricing
Execute governance between TBS and finance vendors
Assist with negotiating contract provisions for initial agreements and ongoing amendments
Conduct onsite business reviews as necessary to validate the effectiveness of the vendor’s control environment
Manage all business action plans and TPRM remediation plans to ensure timely and successful resolution
Monitor and report any complaints related to the vendor’s performance
Vendor Relationship Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Vendor Relationship
List any licenses or certifications required by the position: ITIL, CPSM, CPM, CRVPM, FIA, LEAN, PMP
Education for Vendor Relationship
Typically a job would require a certain level of education.
Employers hiring for the vendor relationship job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Business, Education, Management, Business/Administration, Finance, Computer Science, Performance, Guidance, Military, MBA
Skills for Vendor Relationship
Desired skills for vendor relationship include:
Tools
Policies
Ability to create
Ability to help an organization adapt to applicable federal
Ability to leverage that information in creating customized customer solutions
Ability to quantify
Anticipating
Approaches
Business process improvement tools and techniques and ability to understand
Company-specific regulations
Desired experience for vendor relationship includes:
Strong financial analysis capabilities
Develop appropriate remediation strategies for identified risks and incidents
Observe vendor processes, controls, compliance, and security to ensure adherence to Bank
Administer vendor questionnaires, verify associated vendor documentation, indentify and track
Advanced PC skills, specifically with Word, and Excel spreadsheets, downloading, importing and exporting files
Act as a consultant, providing advice, business expertise and recommendations on business and/or market infrastructure management practices
Vendor Relationship Examples
1
Vendor Relationship Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of vendor relationship. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for vendor relationship
- Oversight and taking action on Vendors during the processes of On-boarding,
- Performance Oversight/Reporting/Testing/Auditing/Communication/Compliance and Termination
- Ensure third party relationship records are accurate and complete (maintain all documentation)
- Ensure third party complies with laws, regulations, and company requirements
- Subject relationships to due diligence and risk assessment (report results to management)
- Ensure relationships are governed by written contracts (tailored to identified risks)
- Ensure resolution/mitigation of identified risks
- Comply with TPRM BL Ongoing Management Requirements
- Report adverse events and other relationship changes to Corporate TPRM (resolve where applicable)
- Notify third party of significant and relevant company operational issues
Qualifications for vendor relationship
- Tracks fulfillment of all contract deliverables
- Ensure third party regularly tests and executes remediation of findings
- Assist and implement remediation from regulatory changes
- Respond to all matters identified by internal/external reviews, audits, and exams
- Recommend termination of relationships that fail expectations
- Facilitate the Third Party Meetings and maintain record of Third Party Scorecards, Complaints, Adverse Items, Reporting,
2
Vendor Relationship Job Description
Job Description Example
Our innovative and growing company is hiring for a vendor relationship. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for vendor relationship
- Quality Assessment & Evaluation, and Change Management Processes.
- Performs routine clerical or job data entry functions within mortgage operations or servicing departments
- Maintaining awareness of industry developments and best practises
- Work collaboratively with business stakeholders and IT functional heads to drive value and synergy across the Infrastructure vendor portfolio
- Develop and implement a negotiation strategy with Infrastructure vendors during contract set up and renewals
- Lead relationship governance forums and support Head of VM in managing strategic level vendor forums
- Support Legal in the drafting of appropriate schedules and contract exhibits for larger vendor engagements
- Ensure Infrastructure vendor performance is monitored through periodic reviews of key metrics and opportunities are identified for performance improvement
- Identify and document key risks and issues related to Infrastructure vendor relationships and recommend appropriate mitigation
- Liaise closely with the Head of IT Vendor Management and CIO to ensure vendors are selected in alignment with strategic objectives and continually review the IT Infrastructure vendor portfolio
Qualifications for vendor relationship
- Develop and/or enhance key vendor performance scorecards
- Bachelor Degree in a scientific discipline or health care field or equivalent combined education and experience
- Strong communicator who engages colleagues, business partners, external stakeholders, and employees
- Organizational awareness – knowing how to engage the organization to get things done, deal with complex change, and enhance the RESL brand
- A minimum of three years’ related experience with contract administration
- Strong financial analysis and planning skills
3
Vendor Relationship Job Description
Job Description Example
Our innovative and growing company is hiring for a vendor relationship. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for vendor relationship
- Leverage the merger of the regional business and IT teams to rationalize and optimize the Infrastructure vendor portfolio to achieve cost savings and consistency in services provided
- Perform strategic review of maintenance and support contracts and coordinate decision making in a timely manner
- Work collaboratively with business stakeholders and IT functional heads to drive value and synergy across the Application and PS vendor portfolio
- Develop and implement a negotiation strategy with Application and PS vendor during contract set up and renewals
- Ensure Application and PS vendor performance is monitored through periodic reviews of key metrics and opportunities are identified for performance improvement
- Identify and document key risks and issues related to Application and PS vendor relationships and recommend appropriate mitigation
- Liaise closely with the Head of IT Vendor Management and CIO to ensure vendors are selected in alignment with strategic objectives and continually review the IT Application vendor portfolio
- Leverage the merger of the regional business and IT teams to rationalize and optimize the Application and PS vendor portfolio to achieve cost savings and consistency in services provided
- Gather, analyze, and summarize IT vendor pend data
- Schedule and participate in meetings with IT vendors and stakeholders
Qualifications for vendor relationship
- Prepare Vendor Profiles
- Support IT’s evaluation and implementation of new technology solutions and business relationships
- 4+ years experience in third party outsourcing function, to include acquisition planning, developing statement of work, risk analysis, contract consultation, and supplier management or equivalent management experience
- Leadership/business management experience
- Expert in Technology commodities
- Expert experience in complex procurement and procurement management experience is highly desired
4
Vendor Relationship Job Description
Job Description Example
Our company is growing rapidly and is looking for a vendor relationship. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for vendor relationship
- Drive and support the overall growth of the business by scaling tools, processes and services to make them operate cross-border at European level, with a particular focus on Vendor negotiations
- MUST HAVE Premium Audit Experience
- Researches, analyzes, evaluates and reports on the performance of Premium Audit vendors to ensure delivery is in line with contractual obligations and performance metrics
- Manage outward communication to vendors to facilitate understanding and awareness of organizational strategic direction, changes and challenges
- Manage the interaction between vendors and internal customers to provide adequate visibility of initiatives and programs
- Liaise with procurement partners to review, report on and revise contractual agreements as necessary
- Develop vendor playbooks which outline their roles, responsibilities and service levels expected
- And recommends new vendor relationships when needed
- Understand all vendor deliverables and service level agreements for all critical suppliers within the Telecom and Hardware categories
- Establish vendor relationships through which oversight and performance review meetings will take place
Qualifications for vendor relationship
- Strong business analytics skills including financial (TCO, ROI, time value of money), analytics, reporting
- Well-organized and ability to manage and maintain SharePoint site with deliverables and artifacts
- Working knowledge of Test Lifecycle , Software and Project Management life cycles
- Should be proficient in Microsoft Excel (Macros, Pivot Tables, Visual Basic , Vlookup ) and preferably Microsoft Access
- A demonstrated ability to effectively work hands-on with cross – functional teams
- Post-secondary degree in Finance, Economics or related field
5
Vendor Relationship Job Description
Job Description Example
Our company is growing rapidly and is looking for a vendor relationship. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for vendor relationship
- Establish stakeholder relationships within the GTO organization based on demonstrated expertise within the Telecom and Hardware categories and the ability to bring value to the business
- Operate the vendor management system including the assessment of vendor performance and adherence to contractual deliverables
- Participate in the strategic sourcing process as a trusted advisor to the procurement organization and the business owners
- For assigned vendor relationships, understand all vendor contract deliverables and service level commitments
- Establish stakeholder relationships within the GTO organization based on demonstrated expertise within the software category
- Support the director of the software category as required
- Actively influence the strategic sourcing process as a trusted advisor to the procurement organization and the business owners
- High-level management of the CIO's strategic direction across the EIT organization and Association on vendor relationships
- Responsible for key management interface with both internal and external stakeholders, contract management, and monitoring vendor performance
- Subject Matter Expert (SME) on vendor compliance deliverables and service level agreements
Qualifications for vendor relationship
- Requires a bachelor's degree and 0-2 years of experience in related area
- Ability to thrive in a challenging work environment
- Skills in Microsoft Office (Word, Excel, PowerPoint)
- Must have strong oral and written communications skills, and be able to work effectively and build relationships with others
- Must have good organization and planning skills, and be able to demonstrate effective project coordination, facilitation, and implementation based on past work or school experiences
- Must possess deductive reasoning skills and be able to analyze and synthesize information for problem solving