Director of Vendor Management

Indiana Public Retirement System • Indianapolis, IN

3d • $124,883 - $152,982 • Hybrid

About The Position

INPRS is seeking a strategic Director of Vendor Management to lead an enterprise vendor governance program that drives performance, compliance, transparency, and risk mitigation across third‑party relationships. This role sets agency-wide standards, manages vendor lifecycle practices, and delivers executive‑level reporting.

Requirements

• Bachelor’s degree required
• 10+ years in vendor management, contract management, sourcing, ITSM, or third‑party risk
• 5+ years in team/program leadership
• Demonstrated success maturing vendor governance or risk programs.
• Expertise in supplier governance, contract structures, SLAs, renewals, and exits.
• Skilled in building frameworks, executive communication, benchmarking, and risk remediation.
• Strategic thinker with strong change‑leadership, relationship management, and data‑driven decision‑making abilities.
• Familiarity with NIST, ISO 27001, SOC reporting, ITIL, and related standards.
• Must be a resident of Indiana and live within close proximity from Indianapolis.
• Not eligible for H-1B or any other kind of temporary or permanent sponsorship for work authorization.

Nice To Haves

• Advanced degree preferred.

Responsibilities

• Build and enhance vendor management policies, lifecycle processes, and performance standards.
• Oversee onboarding, due diligence, performance measurement, risk/issue management, renewals, and vendor exits.
• Define SLAs and performance metrics; manage scorecards and review cycles.
• Lead benchmarking and cost/value optimization initiatives.
• Manage third‑party risk, documentation review, risk monitoring, and remediation coordination.
• Provide executive reporting on vendor risk posture, compliance status, and performance trends.
• Ensure alignment with NIST, ISO 27001, SOC, and ITIL frameworks.
• Partner with IT, Procurement, Legal, Security, Finance, and business units.
• Advise leadership on vendor strategy, improvement opportunities, and innovation.
• Lead a small team, fostering accountability, transparency, and continuous improvement.

Benefits

• Competitive compensation
• Flexible Schedule
• Healthcare coverage (medical / dental / vision)
• Health savings account with employer contribution
• Prescription coverage
• Employer funded retirement plan (pension plan)
• Deferred compensation plan (employer and/or employee contribution plan)
• Flexible spending account
• Work/life balance (37.5 hours weekly)
• 12 paid holidays; 14 during election year
• Paid leave (personal, sick, vacation)
• Tuition reimbursement
• Professional credential reimbursement
• Group life insurance
• Employer-paid downtown parking

What This Job Offers

• Job Type: Full-time
• Career Level: Director