Vendor Manager

4 months ago

Waterloo, Canada Ontario Teachers Insurance Plan (OTIP) Full time

Company Description
**Who We Are**

With every job, there’s always the question of “why”. Why join a company? Why be part of their mission? Here, the why is easy. It’s because at some point, we’ve all needed someone there for us.

At the OTIP Group of Companies (OGC), we believe that something special happens when employees feel valued for the work they do, supported as the people they are, and included in the very fabric of the organization: they bring their best to work every day. And that's why we mean it when we say we put our people at the centre of everything we do. Join us as we grow our way into a future that reimagines what it means to deliver meaningful benefits support and service.

**Job Description**:
**What You’ll Do**:
Reporting to the Vice President in the Enterprise Solutions Office, you will help further develop our Vendor Management Practice. The goal of our practice is to create a superior level of engagement and partnership with vendors which provides strategic as well as immediate value and benefit.

The core parts of your role will be to:
**Practice Management**
- Consult on Vendor assessments, introductions and the engagement/selection of Vendors through RFP, RFQ, RFI type processes.
- Guide and coach stakeholders through the Vendor risk identification and assessment process.
- Support stakeholders through Vendor contract negotiations and execution.
- Manage and report on Vendor cost/reward and gain/sharing propositions and identifies opportunities to maximize reward against cost and performance.

**Relationship Management**
- Establish strong relationships with strategic Vendors and leverages OGC’s position to obtain meaningful preferential outcomes.
- Develop and maintain relationships and effectively communicate with OGC and external stakeholders, often at senior leadership and executive levels.

**Strategic Planning**
- Facilitate and inform the development of the OGC Vendor strategy with the Leadership/Executive team and other key cross-functional stakeholders.
- Ensure documentation and execution of the strategy.
- Facilitate Vendor strategic meetings, road mapping, and solution option sessions with leaders and SMEs to understand and align on future paths with Vendors and build/maintain relationships.

**Qualifications**:
**Let’s Talk About You**:

- Extensive experience managing Vendors with a diversity of size and type, including software development, SAAS and technology hardware.
- Proven experience in financial services, insurance, or related industries.
- Experience with cost benefit analysis, business case construction and presentation, Executive communication, and approval facilitation.
- Strong facilitation skills with the ability to plan and facilitate workshops, brainstorming and planning sessions, including process reviews.
- Proven success in building effective relationships with internal teams, all levels of management and with external partners and providers.

Additional Information
**Some of the Perks We Offer**:
We offer best-in-class pension and benefits, total reward programs and comprehensive mental wellness supports to set you up for every success in and outside of work. Here are just some of the reasons you’ll love working here:

- Rewarding salary and bonuses that truly value your dedication
- Industry-leading group benefits with 100% premium coverage (excluding LTD) that start on your first day
- Defined benefit pension plan for a financially confident retirement
- 100% coverage of approved continuing education and licensing fees
- Flexible work-from-home and hybrid options
- Unlock your potential with opportunities for advancement
- OTIP and its group of companies strive to create an accessible and inclusive work environment where everyone is treated with respect and dignity. Upon individual request, we will endeavor to remove any barrier to the recruitment and selection processes and provide accommodations for persons with disabilities._
- As a business, we protect what matters most to our members. As an employer, we value what matters most in our workplace. Together, this includes fostering a diverse, equitable and inclusive environment for all. We are committed to learning and evolving so we can continue to celebrate what makes us special. You are who you are, and our differences are what make us unique._

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