Vendor Management Administrator

Vanguard • Malvern, PA

1d • Hybrid

About The Position

At Vanguard, we don't just have a mission—we're on a mission. To work for the long-term financial wellbeing of our clients. To lead through product and services that transform our clients' lives. To learn and develop our skills as individuals and as a team. From Malvern to Melbourne, our mission drives us forward and inspires us to be our best. Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience. Vanguard, one of the world's largest investment management companies, serves individual investors, institutions, employer-sponsored retirement plans, and financial professionals. We have a diverse and talented crew with a culture that promotes teamwork, along with an unwavering focus on serving our clients' best interests. This website uses "cookies" to distinguish you from other users. A cookie is a small file of letters and numbers placed on your computer or device. This helps us to provide you with a good experience when you browse our website and also allows us to improve our site and services. The cookies are stored locally on your computer or mobile device. To accept cookies you can continue browsing as normal. Or you can go to our Privacy Policy to read more information and learn how to change your preferences.

Requirements

• Three years related work experience.
• Undergraduate degree or equivalent combination of training and experience.
• Stakeholder management experience is required
• Project management experience is required

Nice To Haves

• Supply chain or procurement experience is helpful

Responsibilities

• Establishes and maintains vendor relationships, helps negotiate favorable pricing in partnership with ESM, reports on vendor performance, reviews SOC reports, oversees vendor risk, manages incidents, and helps offboard if needed.
• Leads the management of vendor relationships of moderate to high scope and complexity.
• Maintains active and positive relationships with designated points of contact with key vendors in order to discuss, resolve, or escalate risk and performance related issues.
• Leads the monitoring of post contract performance of the vendor based on performance across major risk domains and make change recommendations.
• Develops and maintains strong internal and external relationships in order to manage cross-departmental and cross-divisional projects (such as 3rd Party Risk Governance, Data Defense escalations, 3SOC Collaboration, Client RFPs, TPRM Hub and Spoke collaboration) and coordinates the resolution of operational problems and issues for assigned critical vendors.
• Participates in special projects and performs other duties as assigned.
• A good candidate for this role is not afraid of challenging the status quo, willing to build subject matter knowledge, and is driven to deliver an end-to-end solution to the problems encountered by the team.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees