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Vice President, Vendor Management
Job in
Hillsboro, Washington County, Oregon, 97104, USA
Listed on 2025-12-21
Listing for:
First Technology Federal Credit Union
Full Time
position Listed on 2025-12-21
Job specializations:
-
Management
Operations Manager, IT Project Manager -
IT/Tech
IT Project Manager
Job Description & How to Apply Below
The Vice President of Vendor Management will lead the enterprise-wide strategy and centralized execution for overseeing the full vendor life‑cycle—from sourcing, contract negotiation to on‑boarding, performance management, renewal, and off‑boarding. This role is central to driving a unified vendor management model that enhances operational efficiency, reduces risk, controls costs, and aligns with organizational goals. The VP will foster a builder mindset, creating scalable processes, systems, and governance frameworks while promoting cross‑functional collaboration to embed vendor management as a strategic driver of growth.
Job Duties- Serve as the executive sponsor for vendor strategy, ensuring alignment with enterprise goals, transformation initiatives, and merger integration milestones.
- Architect and implement a centralized Vendor Management Office (VMO), integrating procurement, sourcing, on‑boarding/off‑boarding, performance monitoring, and contract administration.
- Align vendor strategy with digital modernization and operational restructuring efforts.
- Lead change management to embed vendor management practices across departments and ensure adoption of centralized processes.
- Champion a builder mindset by designing scalable processes, systems, and playbooks for enterprise‑wide vendor management.
- Oversee a high‑performing team responsible for the full vendor life cycle: selection, on‑boarding, performance monitoring, renewal, renegotiation, and off‑boarding.
- Establish and maintain sound vendor management monitoring and oversight (e.g., vendor scorecards, KPIs, and dashboards) to track performance, compliance, and value delivery.
- Collaborate with Legal, Risk, and Compliance teams to ensure vendor activities meet regulatory, privacy, and internal control standards.
- Monitor risk triggers (e.g., license true‑ups, audit clauses) and proactively mitigate exposure.
- Ensure timely and compliant execution of all contracts, coordinating with internal stakeholders for reviews and approvals.
- Lead efforts to consolidate vendors and repaper contracts to reduce redundancy and improve leverage.
- Own the vendor management budget and report on cost savings, ROI, and value realization.
- Drive strategic sourcing, cost optimization, and supplier innovation.
- Support RFP/RFI/RFQ processes and vendor negotiations in alignment with organizational standards and budgets.
- Develop strategic partnerships with key vendors to foster innovation and long‑term value creation.
- Oversee the selection and implementation of vendor management systems (e.g., VMS, CLM platforms) to automate workflows and enhance visibility.
- Ensure system integration with IT, finance, and legal platforms for seamless life‑cycle management.
- Promote continuous improvement through technology, automation, and data analytics.
- Provide regular updates to executive leadership and the board on vendor performance, risk exposure, cost efficiency, and strategic value.
- Develop executive dashboards and reporting frameworks to support enterprise decision‑making.
- Lead vendor due diligence and integration planning for mergers, acquisitions, and divestitures.
- 10+ years in vendor management, procurement, strategic sourcing, or supply chain leadership.
- Proven success in building and scaling centralized vendor management functions across complex organizations.
- Demonstrated leadership in enterprise‑wide transformation, including mergers, acquisitions, and integration.
- Strong understanding of contract law, third‑party risk, procurement best practices, and regulatory compliance.
- Experience in vendor spend analysis, performance metrics, and strategic planning.
- Demonstrated ability to make sound, data‑driven decisions balancing strategic priorities with operational realities.
- Familiarity with vendor management systems (e.g., VMS, CLM) and integration with finance, legal, and procurement platforms.
- Experience leveraging automation, analytics, and dashboards for vendor performance and reporting.
- Exceptional communication skills and ability to influence cross‑functional teams and executive leadership.
- Proven track record of navigating complex stakeholder relationships, resolving conflicts, and…
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