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Third Party Vendor Management Project Manager
2 months ago
The Vendor Management PM’s focus will be experience with Third Party Vendors, understanding urgency & timelines when working with various business units within the enterprise. This role will work very closely with Procurement managing contract terms and providing guidance. The ideal candidate will have experience managing large third-party vendors and have the ability to communicate to all levels in the organization. Will manage arrangements throughout the Third Party Management Lifecycle, including:
- Onboarding & Sourcing – Collaborate with internal stakeholders in identifying and onboarding a new or existing Third Parties
- Oversight Management
- Contract Management – Understand and maintain knowledge of Business Arrangement terms and scope changes that will be actively managed throughout the term. If the Business Arrangement involves licenses or other assets, create and maintain governance processes to ensure effective asset management
- Relationship Management – Build strong partnerships with Third Parties and internal stakeholders to better understand their strategic direction and help manage issues that may arise
- Performance Management – Monitor, analyze and report a Third Party's performance through the delivery of services against Service Level Agreements (SLAs), Service Level Objectives (SLOs), Key Performance Indicators (KPIs)
- Financial Management – Understand the financial terms of a Business Arrangement and monitor a Third Party's financial health to mitigate risk related to costs and services
- Risk Management – Identify issues and monitor trends with a Third Party in a responsive manner, to reduce risk in alignment with the Third Party Risk Management Policies and related Standards
- Offboarding – Collaborate with internal stakeholders to support business needs by delivering a transition or termination of a Third Party
This is a contract-to-hire position that will be hybrid/onsite 2 days per week in downtown Toronto.
