Senior, Vendor Governance Analyst (Hybrid: Madison, WI/Waverly, IA)

TruStage•Madison, WI

22h•Hybrid

About The Position

This role provides the analytics, reporting, and operational support needed to manage strategic vendor relationships effectively. The Senior, Vendor Governance Analyst tracks vendor performance, financial commitments, and governance actions to improve transparency, support leadership decisions, and help ensure vendors deliver against expected outcomes. This position supports the Strategic Vendor Governance office by providing performance analytics, insights, and operational support across strategic vendor relationships. This role focuses on tracking vendor performance, identifying trends and risks, and ensuring governance processes are consistently executed. The Analyst plays a critical role in enabling data driven governance and supporting leadership decision making related to vendor performance, financial outcomes, and risk. This role provides exposure to enterprise vendor strategy, executive forums and commercial decision-making.

Requirements

Bachelor’s degree in Business, Finance, Supply Chain, Analytics, or related field required
5+ years of experience in procurement, vendor management, operations, finance, or analytics with demonstrated ability to manage complex analyses
Strong data analysis and reporting skills; experience with Excel, Power BI, or similar tools required
Strategic thinking and executive presence.
Vendor performance and relationship management.
Financial analysis and value realization.
Risk identification and escalation management.
Change management.

Nice To Haves

Experience working with outsourced service providers or complex third-party relationships preferred
Experience with contract lifecycle management (CLM), vendor risk management tools, and ERP/reporting platforms preferred

Responsibilities

Collect, validate, and analyze vendor performance data (CSLs, SLAs, KPIs, vendor scorecards)
Monitor trends, identify risks or deterioration in performance, and escalate issues accordingly
Maintain standardized dashboards and scorecards for leadership and executive reviews at the vendor and enterprise level
Independently analyzes vendor performance and risk indicators, surfacing insights and recommendations to governance leadership
Identify emerging performance, financial, and operational risk indicators and proactively escalate potential issues
Support governance cadence including QBRs, monthly/quarterly reviews, and formal issue management reviews
Prepare executive ready materials summarizing vendor performance, risks, action plans, and financial impacts
Track vendor commitments, remediation actions, and follow through on agreed outcomes
Assist in tracking contract performance, savings, credits, penalties, and benefits realization
Support renewal and renegotiation efforts by compiling historical performance and commercial insights
Maintain accurate documentation of governance decisions and artifacts
Serve as a day-to-day point of coordination for governance data requests and reporting for key strategic vendor relationships and enterprise-wide program data
Partner with Procurement, IT, Finance, and Risk to ensure accurate and timely information flow
Support compliance with governance standards and documented processes
Facilitate effective communication and collaboration between internal teams and external suppliers