Vendor Management Analyst Job Description
Vendor management analyst
provides consumer data, e.g., identity and banking history, to member financial institutions in response to consumer’s application for banking services in accordance with rules and regulations, on behalf of ChexSystems, a Consumer Reporting Agency (CRA).
Vendor Management Analyst Duties & Responsibilities
To write an effective vendor management analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included vendor management analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Facilitate the development and deliver continuous improvements in the quality, cost, delivery and support of services
Create, track, catalog and reconcile purchase requests for Vendor Management license and maintenance purchases
Guides cost analysis process by establishing and enforcing policies and procedures
Implement and support vendor governance framework, best practices and tools across all of the GSO Vendors
Coordinate, orchestrate and deliver governance meetings at the Operational & Strategic levels
Develop and manage relationships with various internal and external stakeholders such as GSO Service Delivery & CSI Organizations, Sourcing and Vendor Management (SVM), Global Sourcing Solutions Desk (GSSD), various locations site management team and Vendor partner delivery organizations
Deliver the Migration Planning Process (MPP) process and manage the service transition to vendor partners if and when required
Acts as the point of accountability for escalation and facilitate resolution of relationship issues and, if all other avenues of vendor management fail, operational problems
Support and maintenance of “iVM – Integrated Vendor Management” – A SharePoint based vendor management tool developed within GSO
A position work approach
Vendor Management Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Vendor Management Analyst
List any licenses or certifications required by the position: CISM, CISSP, ITIL, SSAE, ISACA, FRS, PMP, HFMA, SOC1, IAITAM
Education for Vendor Management Analyst
Typically a job would require a certain level of education.
Employers hiring for the vendor management analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Business, Finance, Education, Business/Administration, Management, Computer Science, Accounting, Information Technology, Economics, Public Health
Skills for Vendor Management Analyst
Desired skills for vendor management analyst include:
Consumer and Commercial Regulations
Services
Contract negotiations and service agreements
Excel
Experience with legal contracts
Regulations
Advanced software packages used in analytics
Banking and consumer regulations/laws
Business to level set the issues and escalate as appropriate to the senior management team
Financial services and general banking
Desired experience for vendor management analyst includes:
Reliable and responsive
Assist the business with the procurement process
Contributes to the maturity of the Vendor Management team
Prepare and maintain monthly performance scorecards for each vendor
Track, reconcile and validate vendor performance metrics and errors
Coordinate, minute and document monthly vendor performance feedback
Vendor Management Analyst Examples
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Vendor Management Analyst Job Description
Job Description Example
Our company is hiring for a vendor management analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for vendor management analyst
- Provide support to internal (Contract Managers, Auditors, Business Leaders, ) and external (Suppliers) users of the CLM tool, act as first line support
- Support the full strategic sourcing cycle, including vendor and risk identification / selection, price negotiation and contracting
- Maintain spend, vendor and contract management databases
- Generate management level reporting and tracking
- Develop detailed demand and supply market profiles, and performs market research for individual commodities depending on business needs
- Support supplier evaluation and oversight processes, including eRFX events, score-carding, tiering, risk management and performance improvement for vendors
- Critical Engineering
- Physical Guarding
- Fleet/Transport
- Real estate projects
Qualifications for vendor management analyst
- Minimum 4 years of working experiences in Vendor Management or Sourcing Management
- 2+ years of experience in customer support role
- Experience utilizing Contract Lifecycle tools, preferably SAP/Ariba CLM
- Ability to facilitate and lead meetings/briefings
- Quick learner willing to become an SAP CLM tool subject-matter-expert
- MS Office tools expert
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Vendor Management Analyst Job Description
Job Description Example
Our company is hiring for a vendor management analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for vendor management analyst
- Participate in targeted audits to ensure vendor compliance with legal requirements, firm and industry standards and contractual provisions
- Assist with performance analysis, and produce reports and dashboards/scorecards with key vendor / resource metrics
- Track SLA reporting and assess vendor performance against SLAs
- Assist with developing process improvement recommendations and help to manage end to end implementation
- Assist with vendor management training materials and facilitate sessions as needed
- Assist with governance meeting preparation, tracking status, and enhancing associated reporting
- Assist with invoice validation
- Track and report on service requests to vendors
- Maintain policy and procedure manuals
- IT asset management point of contact (hardware, software, maintenance and warrantees)
Qualifications for vendor management analyst
- Strong negotiation and facilitation skills, ability to see the big picture and generate / adopt new ideas
- Ability to successfully handle multiple priorities and maintain effectiveness when experiencing major change in work tasks or work environment
- Assist the Quality Management team to ensure that requirements documentation can be easily translated into test plans, and ensure that the proper testing plans have been completed
- 5+ years of professional experience in a large-scale Software Licensing and Inventory Management environment with an emphasis on Software Asset Management
- Demonstrated understanding of license metrics for IBM, Microsoft, EMC, BMC, Symantec, SAP BO, Oracle, VMware, Citrix, & CA
- A working knowledge of Information Technology Infrastructure Library (ITIL), and IT Asset Management (ITAM), Configuration Management and industry best practices for the management of hardware and software assets
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Vendor Management Analyst Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of vendor management analyst. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for vendor management analyst
- Assist the VSMO team in supporting IT and company objectives
- Assist the VSMO team with ongoing strategic sourcing initiatives
- Assist the VSMO team to administer customer satisfaction surveys
- Develop professional relationships with key suppliers and participate in related activities
- Interact with key departments such as legal, tax, audit, PMO and internal business clients, and well as IT managers and directors
- You will be responsible for supporting various implementation activities with regard to rolling out the Service Governance offering
- You will support the Service Governance Engagement Managers (SGEMs) in providing operational governance
- You will be responsible for leading various implementation activities with regard to rolling out the Service Governance offering
- Analysis of vendor management reports with the ability to identify trends and synthesize data into information consumable by senior stakeholders
- Engagement with broader SVM stakeholders to complete and periodically review vendor strategy templates and vendor profiles for Key Vendors
Qualifications for vendor management analyst
- Experience configuring CLM products to meet adhoc business need
- Able to use a range of methods and analytical techniques to elicit and validate detailed requirements with stakeholders to gain their approval and to distinguish between different types of requirements
- Previous IT vendor experience
- Primary contacts are with IT managers and directors, and the PMO
- Prior experience and knowledge of market data vendors such as FactSet, Bloomberg, MSCI and Standard & Poor’s
- Knowledge of the Financial Information Tracking System™ (FITS™) a Plus
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Vendor Management Analyst Job Description
Job Description Example
Our company is growing rapidly and is looking for a vendor management analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for vendor management analyst
- Maintenance of vendor management process
- Status reporting for completion of steps in VMO process
- Maintenance of VMO SharePoint site including, regularly updating Masterfile, tracker, dashboards
- Perform regular analysis of vendor data and report on this data as necessary
- Ad hoc support for the broader TPRM Office in reporting and data analysis
- Provide vendor performance data analytics to support ongoing contract governance/management for key managed service contracts
- Support vendor invoice validation processes
- Manage invoice payment processes
- Deliver vendor performance & SLA reporting to enable partnership and on-going efficiencies in both current environment and future state
- Build data modeling and analysis to support cost optimization for large contracts
Qualifications for vendor management analyst
- Motivated, enthusiastic, self-starter willing to take-on tasks with minimal supervision and deliver results
- Knowledge of market data administration preferred
- Ability to deliver positive results within the established timeframes while managing multiple priorities
- Ability to establish and maintain positive working relationships with field personnel and outside business associates in the course of performing assigned duties
- Ability to negotiate with external vendors to achieve desired results
- Ability to work independently as well collaboratively with the border team
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Vendor Management Analyst Job Description
Job Description Example
Our company is growing rapidly and is looking for a vendor management analyst. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for vendor management analyst
- Work with finance teams to provide financial information for the annual budget
- Assists with the Medicaid Eligibility vendor reconciliation, as requested
- Manages the onboarding and termination process for vendors
- Works the acknowledgement and close and return reports monthly
- Handles all calls, emails, eRequests and correspondence from collection agencies
- Responds to requests which include research payments, contractual, approving arrangements, audits
- Works Estate pool by reviewing accounts for insurance and assigning to agency as needed
- Reviews other pools for previously identified deceased patients and takes required action up to and including placing account to Bad Debt
- Works the Designee portion of the Bad Debt Prelist as defined in the Bad Debt Prelist policy
- Works the agency acknowledgement and close and returns pools or through reports (if applicable)
Qualifications for vendor management analyst
- Act as a subject matter expert in all organizational supplier governance, risk and management requirements
- Facilitate awareness of the supplier risk and performance management requirements throughout the supplier lifecycle and required tools, templates, and methodologies
- Strong aptitude towards process development and documentation
- Experience with the eProcurement technology space
- Ability to work in a high profile, fast paced and changing work team environment
- Process Orientation – Ability to learn and contribute to new processes