This company in the banking industry provides financial solutions to Canadian businesses. The Business Banking VMO supports a dozen LOBs, including Merchant Solutions, Auto Finance, and Commercial Banking. This role is a thought leadership position focused on driving the business forward and ensuring compliance with TPRM policies. The successful candidate will be accountable for managing vendor performance, risk, and contract renewals.
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Position: Vendor Manager
Shift: Monday to Friday, Core Business Hours
Location: Toronto, Ontario (In-office 2 days a week)
Advantages
Work within a leading financial institution. Opportunity for 18-month contract with potential for extension or conversion.
Responsibilities
• Facilitate phases of the Third-Party Risk Management Lifecycle and ensure compliance.
• Conduct Third Party Inherent Risk Assessments.
• Monitor vendor performance and risk via reporting/dashboards.
• Manage risk and issue escalation.
• Manage contract renewals and negotiations.
• Develop SLA’s, standards, and compliance monitoring plans.
• Review audit documentation (CSAE3416, SOC I/II) and remediate gaps.
• Oversee invoice processing.
• Monitor vendor spend and identify cost-saving opportunities.
• Utilize vendor management tools (ESP, ECM, Hiperos).
• Ensure compliance with Internal and External Audits.
• Build relationships with internal and external partners.
• Provide coaching and guidance to colleagues.
• Administer change management and performance management.
Qualifications
• 5+ years of vendor management experience in the Banking industry is preferred.
• Strong understanding of contractual terms and conditions.
• Excellent communication, presentation, and negotiation skills.
• Excellent documentation skills.
• Strong project management, organizational, and time management skills.
• Ability to work well under pressure and within tight timelines.
• Demonstrated influencing, negotiation, analytical, and presentation skills.
• Demonstrated stakeholder/relationship management skills.
• Strong control environment mindset.
• Ability to navigate a complex compliance framework.
• Undergraduate degree required.
Summary
If you are a highly professional vendor manager with experience in the banking industry and a strong understanding of regulatory compliance, we encourage you to apply. This is an excellent opportunity to contribute to a leading financial institution.
Randstad Canada is committed to fostering a workforce reflective of all peoples of Canada. As a result, we are committed to developing and implementing strategies to increase the equity, diversity and inclusion within the workplace by examining our internal policies, practices, and systems throughout the entire lifecycle of our workforce, including its recruitment, retention and advancement for all employees. In addition to our deep commitment to respecting human rights, we are dedicated to positive actions to affect change to ensure everyone has full participation in the workforce free from any barriers, systemic or otherwise, especially equity-seeking groups who are usually underrepresented in Canada's workforce, including those who identify as women or non-binary/gender non-conforming; Indigenous or Aboriginal Peoples; persons with disabilities (visible or invisible) and; members of visible minorities, racialized groups and the LGBTQ2+ community.
Randstad Canada is committed to creating and maintaining an inclusive and accessible workplace for all its candidates and employees by supporting their accessibility and accommodation needs throughout the employment lifecycle. We ask that all job applications please identify any accommodation requirements by sending an email to accessibility@randstad.ca to ensure their ability to fully participate in the interview process.
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This company in the banking industry provides financial solutions to Canadian businesses. The Business Banking VMO supports a dozen LOBs, including Merchant Solutions, Auto Finance, and Commercial Banking. This role is a thought leadership position focused on driving the business forward and ensuring compliance with TPRM policies. The successful candidate will be accountable for managing vendor performance, risk, and contract renewals.
Position: Vendor Manager
Shift: Monday to Friday, Core Business Hours
Location: Toronto, Ontario (In-office 2 days a week)
Advantages
Work within a leading financial institution. Opportunity for 18-month contract with potential for extension or conversion.
Responsibilities
• Facilitate phases of the Third-Party Risk Management Lifecycle and ensure compliance.
• Conduct Third Party Inherent Risk Assessments.
• Monitor vendor performance and risk via reporting/dashboards.
• Manage risk and issue escalation.
• Manage contract renewals and negotiations.
• Develop SLA’s, standards, and compliance monitoring plans.
• Review audit documentation (CSAE3416, SOC I/II) and remediate gaps.
...
• Oversee invoice processing.
• Monitor vendor spend and identify cost-saving opportunities.
• Utilize vendor management tools (ESP, ECM, Hiperos).
• Ensure compliance with Internal and External Audits.
• Build relationships with internal and external partners.
• Provide coaching and guidance to colleagues.
• Administer change management and performance management.
Qualifications
• 5+ years of vendor management experience in the Banking industry is preferred.
• Strong understanding of contractual terms and conditions.
• Excellent communication, presentation, and negotiation skills.
• Excellent documentation skills.
• Strong project management, organizational, and time management skills.
• Ability to work well under pressure and within tight timelines.
• Demonstrated influencing, negotiation, analytical, and presentation skills.
• Demonstrated stakeholder/relationship management skills.
• Strong control environment mindset.
• Ability to navigate a complex compliance framework.
• Undergraduate degree required.
Summary
If you are a highly professional vendor manager with experience in the banking industry and a strong understanding of regulatory compliance, we encourage you to apply. This is an excellent opportunity to contribute to a leading financial institution.
Randstad Canada is committed to fostering a workforce reflective of all peoples of Canada. As a result, we are committed to developing and implementing strategies to increase the equity, diversity and inclusion within the workplace by examining our internal policies, practices, and systems throughout the entire lifecycle of our workforce, including its recruitment, retention and advancement for all employees. In addition to our deep commitment to respecting human rights, we are dedicated to positive actions to affect change to ensure everyone has full participation in the workforce free from any barriers, systemic or otherwise, especially equity-seeking groups who are usually underrepresented in Canada's workforce, including those who identify as women or non-binary/gender non-conforming; Indigenous or Aboriginal Peoples; persons with disabilities (visible or invisible) and; members of visible minorities, racialized groups and the LGBTQ2+ community.
Randstad Canada is committed to creating and maintaining an inclusive and accessible workplace for all its candidates and employees by supporting their accessibility and accommodation needs throughout the employment lifecycle. We ask that all job applications please identify any accommodation requirements by sending an email to accessibility@randstad.ca to ensure their ability to fully participate in the interview process.
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