Vendor Management Specialist
4 weeks ago
Blockchain is at the forefront of innovation in the digital asset space, providing a comprehensive software platform that revolutionizes financial systems. Our mission is to foster an open and equitable financial future through cutting-edge technology.
The role of the Outsourcing Manager is pivotal, requiring a proactive approach to vendor management throughout the entire lifecycle. This includes responsibilities in Procurement, Outsourcing, and Third Party Risk Management, as well as overseeing critical vendor relationships. A successful candidate will enhance existing protocols, deliver training, and ensure robust monitoring of vendor interactions. This position is essential in defining the future of our vendor management function.
Key Responsibilities:
- Develop and implement a vendor management strategy that enhances operational efficiency and mitigates risks for business partners.
- Stay informed about regulatory developments in our operating markets and recommend necessary adjustments to internal protocols.
- Provide strategic oversight and guidance for all functions and personnel within the sourcing and contracting organization.
- Define, maintain, and administer our third-party vendor management risk framework, driving continuous improvements in line with regulatory requirements.
- Monitor outsourcing risk mitigation efforts and generate relevant reports for management review.
- Support the formulation and enhancement of Sourcing, Procurement, Outsourcing, and Vendor Management policies and procedures.
- Ensure the maintenance of centralized contract management processes on a global scale.
- Assess contingency plans and exit strategies as defined by the department, actively monitoring for any necessary actions.
- Collaborate with department leadership to establish key performance indicators (KPIs) and key risk indicators (KRIs) for effective reporting.
- Regularly evaluate departmental performance against established KPIs.
Qualifications for Success:
Educational Background:
- Bachelor’s degree in Business, Information Technology, Information Security, Economics, or Finance.
- In-depth knowledge of outsourcing, third-party risk, and regulatory frameworks such as MaRisk and EBA Outsourcing.
- Minimum of three years of professional experience in sourcing or procurement.
- Familiarity with Netsuite and JIRA is advantageous.
Essential Skills:
- Exceptional communication abilities, with a knack for problem-solving in dynamic environments.
- Proficient in presenting findings clearly to stakeholders across various functions.
- Confidence in enhancing existing processes.
- Fluent in English, with the capability to collaborate effectively across time zones.
- Experience managing significant contracts within regulated settings.
- Knowledge of both ITO and BPO contracts, with a strong grasp of risk management in outsourcing.
- Proven track record in establishing processes and controls to ensure a standardized approach to outsourcing and third-party management aligned with organizational risk strategies.
Compensation and Benefits:
- Competitive salary commensurate with experience, along with meaningful equity in a leading industry firm.
- Opportunity to significantly contribute and advance your career within a rapidly growing global technology company.
- Unlimited vacation policy, promoting a healthy work-life balance.
- Performance-based cash bonuses.
- Company-provided Apple equipment.
- Flexible remote working options and appealing office locations.
Pay Transparency Notice: The target annual salary for this position may range significantly based on qualifications and experience. Additional benefits include medical and dental coverage, retirement plans, paid parental leave, and flexible paid time off. Note that benefits are subject to eligibility criteria.
Commitment to Diversity: Blockchain is dedicated to fostering a diverse and inclusive workplace and is proud to be an equal opportunity employer, prohibiting discrimination based on various characteristics as protected by law.
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