ESSENTIAL RESPONSIBILITIES

• Work closely with Business Units to ensure vendor contracts are structured with the appropriate risk provisions and mechanisms to ensure the suppliers' performance is meeting the Bank's business objectives within the agreed costs and schedules. Expected to incorporate improved supplier service, savings, and to minimize contractual risks.
• Develop negotiation strategy and lead negotiation of complex supplier contracts.
• Maintain and continue to develop the Vendor Management Policy and Procedures.
• Establish and maintain a strong working relationship with the Executive team, lines of business and suppliers to optimize negotiations.
• Maintain a strong working knowledge of contract management guidelines related to supplier contracts and customize legal contract language within those guidelines to address specific business issues.
• Work with Management on non-standard contract terms and conditions to ensure contract provisions meet bank objectives.
• Provide authoritative guidance to internal business teams on Bank goals and objectives relating to contract activity.
• Provide a liaison/coordination role between suppliers and lines of business as needed, in the areas of contract negotiation.
• Provide supplier contract review services and coordination of contract dispositions related to mergers and acquisitions.
• Research, evaluate, and recommend contract management process improvements including vendor/contract management applications.
• Continually analyze and evaluate each program or vendor for improvement opportunities and work with appropriate parties to implement them.
• Assist the independent third-party internal audit firms to complete their audits including gathering information for various audits as directed by the Director of Internal Audit.
• Coordinate with the independent third-party internal audit firm for the timely issuance of audit reports.
• Assist the Director of Internal Audit to develop new or revised internal audit policies, methods and procedures.
• Complete other duties as assigned.

ADDITIONAL RESPONSIBILITIES OR DETAILS

ESSENTIAL SKILLS, EDUCATION AND EXPERIENCE

• Accounting degree required
• Experience of 3-5 years in accounting or audit or equivalent work experience required
• Previous work experience as a Vendor Manager or in the department ideal
• Excellent time management and organizational skills
• Strong analytical and negotiation skills
• Good research skills
• Basic computer skills
• Ability to multitask
• Good communication and interpersonal skills
• Having an eye for detail
• Quick decision making and problem-solving skills
• Ability to offer improved customer service

WORK CONDITIONS

• The working conditions are almost exclusively inside the Bank.

This description is not intended to be construed as an exhaustive list of all functions, responsibilities, skills and abilities. Additional functions and requirements may be assigned by supervisors as deemed appropriate. This document does not represent an expressed or implied contract of employment, nor does it alter your at-will employment, and the Company reserves the right to change this job description and/or assign tasks for the employee to perform, as the Company may deem appropriate.