It Vendor Management Office (Vmo) Leader

The IT Vendor Management Office Leader will play a crucial role in optimizing vendor relationships, ensuring compliance, and driving cost-effective solutions. This individual will be responsible for establishing and managing the Vendor Management Office, developing strategies for vendor selection, and overseeing the entire vendor lifecycle.

Responsibilities

• VMO Establishment and Strategy:
  • Establish and lead the IT Vendor Management Office.
  • Develop and implement a comprehensive Vendor Management strategy aligned with organizational goals.
  • Design and enforce policies, procedures, and best practices for vendor selection, onboarding, and performance evaluation.
• Vendor Selection and Evaluation:
  • Collaborate with business units to identify IT vendor needs.
  • Conduct thorough vendor assessments to ensure compatibility with organizational requirements.
  • Lead negotiations for contracts, pricing, and service level agreements (SLAs).
• Relationship Management:
  • Cultivate strong relationships with key vendors to enhance collaboration and communication.
  • Monitor vendor performance against SLAs and implement improvement plans as needed.
  • Address and resolve issues with vendors in a timely and effective manner.
• Risk Management and Compliance:
  • Assess and mitigate risks associated with vendor relationships.
  • Ensure vendors comply with contractual obligations and relevant regulatory requirements.
  • Monitor changes in the vendor landscape and proactively address potential risks.
• Financial Management:
  • Collaborate with finance teams to track and manage vendor-related expenses.
  • Identify opportunities for cost savings and optimization in vendor contracts.
• Reporting and Analysis:
  • Develop and maintain comprehensive reports on vendor performance and compliance.
  • Provide regular updates to leadership on the status of vendor relationships and key metrics.

• 10 years' working in a publicly traded company, with familiarity to financial and IT controls
• 8 years of Vendor Management, contract negotiations, IT Budgeting
• 3 years of IT Management experience
• 5 or more years of information systems or relevant business experience in the IT Administration, Finance, and/or Vendor Management
• Previous work in Engineering, Procurement & Construction (EPC)
• Bachelor's degree in a relevant field; advanced degree or certification in Vendor Management is a plus.
• Proven experience in IT Vendor Management, procurement, or a related field.
• Strong negotiation and contract management skills.
• Excellent communication and interpersonal skills.
• Familiarity with IT systems and technologies.
• Analytical mindset with the ability to assess and mitigate risks.