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Vendor Management Consultant

BCforward Arden, DE (Onsite) Contractor
$51.52 - $54.84/Hour
Vendor Management Consultant

BCforward is currently seeking a highly motivated Vendor Management Consultant for an opportunity in Wilmington, DE (Hybrid)!

Position Title: Vendor Management Consultant

Location: Wilmington, DE, (Hybrid)

Anticipated Start Date: Tentative Start Date

Please note this is the target date and is subject to change. BCforward will send official notice ahead of a confirmed start date.

Expected Duration: 6 months contract to hire.

Job Type: Contract to hire, [Hybrid/On-Site]

Pay Range: [$51.52] to [$54.84]

Please note that actual compensation may vary within this range due to factors such as location, experience, and job responsibilities, and does not encompass additional non-standard compensation (e.g., benefits, paid time off, per diem, etc.).

Job Description:

Title: Vendor Management Consultant

Location: Wilmington, DE (Hybrid)

Duration: 6 months contract to hire

Responsibilities: The ideal candidate for this role will have strong interpersonal, organizational, written, verbal and facilitation skills. They must be comfortable interacting with multiple teams and senior management on a regular basis, have proven analytical and strategic thinking skills, along with a high degree of comfort with business and technology language.

* Manage large number of supplier engagements ranging from simple one-time software license purchases to complex, multi-year vendor hosted managed services agreements requiring subscription-based licenses and proprietary professional services

* Facilitate the executive approval processes

* In partnership with Sourcing manage Contract Lifecycle across the technology space.

* Interact regularly with partners and vendors to ensure service quality, system response and other obligations are met with responsibility for third-party risk oversight including maintenance of procedures and enforcement of policies and contractual agreements.

* Effectively manage vendor KPIs inclusive of Financial, Risk, Relationship, and Performance

* Build a strong partnership with the internal partners and demonstrate subject matter expertise in supplier engagement related matters

* Ensure compliance with all defined policies and procedures and meet all reporting and documentation standards

* Enforce governance models for vendors and facilitate all relevant governance reporting and activities

* Responsible for overseeing vendor financial management processes to support vendor billing , invoice payment and tacking of costs

* Mediate and resolve escalated problems, contractual disputes with vendors and business stakeholders

* Serve as subject-matter for all phases of the supplier engagement lifecycle

* Partner and influence clients to ensure legal, risk, compliance and/or controls requirements are satisfied

* Produce executive level communications about programs inclusive of status, risks, issues, and delivery roadmap

* Assist product teams to analyze and prioritize work while level-setting expectations for delivery to stakeholders

Qualifications:

* BS/BA degree (preferred) or equivalent experience

* 3+ years of demonstrated experience in vendor, partner, or relationship management (mandatory)

* Experience with third party risk oversight (preferred)

* Strong competencies in use of MS Office packages (e.g., Excel, PowerPoint) (mandatory)

* Strong at Multi-Tasking and time management discipline (preferred)

* Working with clients and Project management experience. (mandatory)

* Strong understanding of banking and departmental procedures, functions, and activities

Ideal Candidates Would Be Able to Do the Following:

* Demonstrate excellent relationship management, organizational and time management skills, and the ability to partner with internal stakeholders and external vendors to prioritize and deliver initiatives

* Ability to obsess about the overall customer experience and provide a world class vendor management service.

* Exemplary negotiation skills with attention to scope, cost management and contractual language.

* Ability to communicate and drive the strategic direction of the firm, delivering technology solutions that meet internal and external needs.

* Be a strong decision-maker and problem-solver with attention to detail and excellent logical thinking skills to understand and analyze business processes, identify risks, and propose solutions

* Be results-oriented, resourceful, and a go-getter who adapts quickly to changing environments and needs and proactively bring ideas to the table to drive efficiencies and engagement

* Promote a strong controls environment, adhere to risk/control, procedure, and process expectations, while appropriately delivering what's best for the customer

* Be a team player with strong collaboration skills, passionate about moving the business forward and supporting our teams and partners as needed.

Benefits:

BCforward offers all eligible employees a comprehensive benefits package including, but not limited to major medical, HSA, dental, vision, employer-provided group life, voluntary life insurance, short-term disability, long-term disability, and 401k.

About BCforward:

Founded in 1998 on the idea that industry leaders needed a professional service, and workforce management expert, to fuel the development and execution of core business and technology strategies, BCforward is a Black-owned firm providing unique solutions supporting value capture and digital product delivery needs for organizations around the world. Headquartered in Indianapolis, IN with an Offshore Development Center in Hyderabad, India, BCforward's 6,000 consultants support more than 225 clients globally.

BCforward champions the power of human potential to help companies transform, accelerate, and scale. Guided by our core values of People-Centric, Optimism, Excellence, Diversity, and Accountability, our professionals have helped our clients achieve their strategic goals for more than 25 years. Our strong culture and clear values have enabled BCforward to become a market leader and best in class place to work.

BCforward is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against based on disability.

To learn more about how BCforward collects and uses personal information as part of the recruiting process, view our Privacy Notice and CCPA Addendum. As part of the recruitment process, we may ask for you to disclose and provide us with various categories of personal information, including identifiers, professional information, commercial information, education information, and other related information. BCforward will only use this information to complete the recruitment process.

This posting is not an offer of employment. All applicants applying for positions in the United States must be legally authorized to work in the United States. The submission of intentionally false or fraudulent information in response to this posting may render the applicant ineligible for the position. Any subsequent offer of employment will be considered employment at-will regardless of the anticipated assignment duration.

Interested candidates please send resume in Word format Please reference job code 228879 when responding to this ad.


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Salary Details

This salary was provided in the Job Posting.
$51.52-$54.84
Hourly Salary

Job Snapshot

Employee Type

Contractor

Location

Arden, DE (Onsite)

Job Type

Banking

Experience

Not Specified

Date Posted

09/09/2024

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