Vendor Manager

4 days ago

London, Greater London, United Kingdom American International Group Full time

Join us as a Vendor Manager within our Global Legal, Compliance and Regulatory team to take your career to the next level with a global market leader.

Make your mark in Global Legal, Compliance and Regulatory (GLCR)

Our Global Legal, Compliance and Regulatory (GLCR) team provides first class advice to colleagues and functions across the organization – ensuring AIG navigates an ever-changing landscape that spans state, federal, and international lines. The team has a multi-dimensional impact, from helping avoid legal exposure to collaborating with other functions to develop cutting-edge new products.

How you will create an impact

The Vendor Manager will be responsible for ensuring effective law firm and legal vendor engagement for the GLCR department, focusing on the UK, EMEA & APAC regions. This newly created global role will be a key component of our legal vendor management and financial monitoring structure and will play a pivotal role in establishing financial and vendor performance key performance indicators.

Some of the key responsibilities include:

  • Collaborate with key stakeholders on law firm/legal vendor engagement and onboarding for GLCR-managed matters, ensuring that AIG has the appropriate roster of law firms and legal vendors.
  • Ensure effective collaboration and communication with law firms/legal vendors throughout the lifecycle of legal matters and monitors the quality and progress of legal work undertaken by vendors.
  • Provide insights and recommendations to improve vendor performance and value.
  • Maintains detailed records of vendor engagements and performance, providing reports and analysis to department leadership and other stakeholders.
  • Collaborate with leadership to manage the financial affairs of GLCR, including budgeting, forecasting, financial reporting, allocations, and accruals.
  • Communicate with law firms and legal vendors on expense/invoice submission.
  • Participate in financial analysis and forecasting activities to support strategic planning and decision-making and assist in law firm/legal vendor management.
  • Contribute to compliance with financial and vendor management policies and regulations.
  • Enable successful completion of law firm annual budgeting and quarterly forecasting process.
  • Execute firm engagements, security and control assessments, and other firm and vendor administration-related deliverables; manages law firm and legal vendor contacts, such as billing and relationship partner communication.
  • Manage conflicts and waivers for all legal vendors of AIG, working closely with legal teams and vendors to resolve issues in a timely and professional manner.
  • Ensure accurate data in connection with firm eBilling and matter management records in outside counsel management system.

What you'll need to succeed

  • BA degree or equivalent.
  • Legal vendor management experience in the legal, financial services or insurance industry.
  • Law firm relationship management experience.
  • Strong relationship building skills; experience working with attorneys and other business executives is a plus.
  • Knowledge of legal procedures preferred.
  • Quantitative analysis abilities.
  • Experience in legal forecasting and budgeting is preferred.
  • Strong attention to detail, and commitment to accuracy and on-time delivery.
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