Vendor Manager

Hello and thank you for considering a career with U.S. Bank Corp! We are actively seeking a motivated and experienced Vendor Manager to join our dynamic team. As a leading financial institution, we are dedicated to providing exceptional service and innovative solutions to our customers. In this role, you will play a vital role in managing our relationships with external vendors, ensuring they align with our business objectives and adhere to strict compliance standards. The ideal candidate will have a strong background in vendor management, excellent communication and negotiation skills, and a deep understanding of the financial industry. If you are looking for a challenging and rewarding opportunity to make a significant impact in the banking world, we encourage you to apply!

1. Develop and maintain relationships with external vendors to ensure alignment with business objectives and service level agreements.
2. Negotiate contract terms and conditions with vendors to secure favorable pricing and terms.
3. Monitor vendor performance and conduct regular vendor reviews to ensure compliance with agreed upon standards.
4. Oversee the onboarding process for new vendors, including due diligence and risk assessments.
5. Develop and implement vendor management policies, procedures, and best practices to ensure compliance with regulatory requirements.
6. Work closely with internal stakeholders to identify and address vendor-related issues or concerns.
7. Collaborate with cross-functional teams to identify and implement cost-saving and efficiency opportunities.
8. Conduct regular vendor audits to ensure adherence to contractual agreements and regulatory requirements.
9. Maintain accurate and up-to-date records of vendor contracts, performance, and compliance.
10. Stay current on industry trends and developments related to vendor management and make recommendations for process improvements.
11. Communicate regularly with vendors to provide updates on performance, address any issues, and ensure alignment with business goals.
12. Participate in vendor selection processes, including evaluating proposals and conducting vendor due diligence.
13. Manage vendor relationships and serve as the primary point of contact for all vendor-related inquiries.
14. Collaborate with legal and compliance teams to review and approve vendor contracts and agreements.
15. Serve as a subject matter expert on vendor management best practices and provide guidance and support to other team members.

According to JobzMall, the average salary range for a Vendor Manager in New York, NY, USA is between $76,000 and $121,000 per year. This range is based on data from various salary reports and job listings. Factors such as experience, skills, industry, and company size can also affect the salary for this position.

U.S. Bancorp is an American bank holding company based in Minneapolis, Minnesota, and incorporated in Delaware. It is the parent company of U.S. Bank National Association, which is the 7th largest bank in the United States.