Vendor Manager - Third-Party Management

Job summary

Oversee third-party business arrangements throughout the Third-Party Management Lifecycle, monitoring vendor performance against SLAs, SLOs, and KPIs while identifying and escalating risks. Resolve complex issues, maintain stakeholder relationships, ensure compliance with bank policies, support research and management presentations, and coordinate vendor transitions or terminations.

Job details

Vendor Manager - Third-Party Management: On behalf of our Banking client, Procom is searching for a Vendor Manager - Third-Party Management for a 9-month role. This position is a hybrid position with 4 days onsite at our client’s Toronto office. Vendor Manager - Third-Party Management - Job Description: The Vendor Manager will oversee Third Party Business Arrangements throughout all stages of the Third Party Management Lifecycle. This role involves ensuring compliance, mitigating risks, and managing vendor performance. The successful candidate will collaborate with stakeholders and support high-profile portfolios within Securities. Vendor Manager - Third-Party Management - Responsibilities: • Manage Third Party Business Arrangements through all stages of the TPML. • Monitor, analyze, and report on vendor performance against SLAs, SLOs, and KPIs. • Identify and escalate issues to mitigate risks associated with vendor relationships. • Lead problem resolution for complex issues and provide subject matter expertise. • Maintain strong relationships with internal stakeholders and ensure compliance with the bank's policies and standards. • Conduct internal and external research projects and support the development of presentations to management. • Collaborate with internal stakeholders to support business needs and manage transitions or terminations of vendors. Vendor Manager - Third-Party Management - Mandatory Skills: • 5+ years of Vendor Management experience • 5+ years of experience with Third-Party Management Lifecycle • Excellent communication skills (written and verbal) • Strong interpersonal and time management skills • Strong sense of urgency and adaptive to changes • Team player Vendor Manager - Third-Party Management – Nice-to-Have Skills: • Banking Experience (strong asset) • Prior risk assessment experience • Project Management experience – ability to lead, plan, implement, and evaluate project activities • Familiarity with procurement platforms such as Coupa and Ariba • CSP or PMP certification Vendor Manager - Third-Party Management – Assignment Length: This is a 9-month contract position with the possibility of extension or conversion based on business needs and performance. Vendor Manager - Third-Party Management - Start Date: ASAP. Vendor Manager - Third-Party Management - Assignment Location: Toronto, Ontario, Canada. This is a hybrid role requiring 4 days onsite and 1 day work from home.

What you’ll do

Oversee third-party business arrangements throughout the Third-Party Management Lifecycle, monitoring vendor performance against SLAs, SLOs, and KPIs while identifying and escalating risks. Resolve complex issues, maintain stakeholder relationships, ensure compliance with bank policies, support research and management presentations, and coordinate vendor transitions or terminations.

Requirements

Candidates must have at least five years of vendor management experience and five years of experience with the Third-Party Management Lifecycle, along with strong communication, interpersonal, and time-management skills. Banking experience, risk assessment, project management, familiarity with Coupa or Ariba, and CSP or PMP certification are preferred.

Listed skills

• Stakeholder Management · Preferred
• Communication · Preferred
• interpersonal skills · Preferred
• Time management · Preferred
• Project management · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Vendor Management
• Third-Party Management Lifecycle
• Vendor Performance Management
• SLA, SLO, And KPI Monitoring
• Risk Mitigation
• Problem Resolution
• Stakeholder Management
• Regulatory And Policy Compliance
• Research
• Management Presentations
• Vendor Transitions And Terminations
• Communication
• Interpersonal Skills
• Time Management
• Project Management
• Risk Assessment

Job areas

• Management & Leadership
• Finance & Accounting
• Consulting

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