Momentum Financial Services Group

IT Vendor Management

Momentum Financial Services Group$140K — $155K *
Information Technology
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 8+ years of experience in vendor management and contract oversight
  • Solid understanding of IT vendor governance and performance metrics
  • Proficient in financial management and cost optimization strategies
  • Experience with cross-functional collaboration across finance and IT
  • Bachelor's degree in a relevant field; advanced certifications preferred

Responsibilities

  • Manage overall governance and performance of IT vendor relationships
  • Develop and oversee a comprehensive inventory of contracts and agreements
  • Lead initiatives for cost optimization and financial governance
  • Collaborate with various departments on strategic sourcing and compliance
  • Prepare insightful executive reports and analyses for decision-making

Benefits

  • Opportunity to influence critical technology decisions
  • Work in a cross-functional team environment
  • Lead initiatives that enhance cost efficiency and governance
  • Access to advanced training and certification opportunities
  • Engagement in strategic discussions with leadership
Full Job Description
The Job: IT Vendor Management

What You'll Do The IT Vendor Management supports the governance, oversight, optimization, and financial management of IT vendor relationships, contracts, licensing agreements, service commitments, and vendor performance across the IT portfolio to improve transparency, reduce cost, strengthen risk oversight, and support leadership decision-making.

What You'll Bring to the Table

IT Vendor Governance & Relationship Management Manage end-to-end governance, oversight, and optimization of IT vendor relationships, contracts, service agreements, and vendor commitments across the IT portfolio. Define and implement vendor governance processes, service review cadences, performance metrics, and reporting mechanisms to monitor service delivery, compliance, risk, and value realization.

Contract Inventory, Lifecycle Management & Renewals Develop and maintain a comprehensive inventory of IT supplier contracts, licensing agreements, statements of work, renewal schedules, key commercial terms, vendor obligations, and financial commitments. Maintain proactive oversight of contract renewals by establishing alerts, tracking timelines, and identifying risks.

Cost Optimization, FinOps & Financial Governance Lead IT contract reviews, cost optimization initiatives, consolidation opportunities, and renegotiation activities to maximize value and reduce unnecessary spend. Establish and mature an IT cost management and FinOps governance framework, including financial forecasting, budgeting support, cost allocation, service consumption tracking, and optimization recommendations.

Cross-Functional Sourcing, Risk & Compliance Support Collaborate with Finance, Procurement, IT leadership, business stakeholders, and other partners to support strategic sourcing initiatives and ensure alignment with organizational standards and best practices. Validate supplier risk and security requirements, support vendor risk oversight, and help rationalize supplier fragmentation and cost exposure.

Executive Reporting, Insights & Work Products Prepare executive reports, analyses, recommendations, templates, process documentation, operating procedures, and other work products to support vendor governance, vendor risk, cost optimization, and leadership decision-making. Provide actionable insights and recommendations on vendor performance, financial commitments, risks, and optimization opportunities.

Experience 8+ Years of experience managing vendor contracts, licensing agreements, service commitments, renewal tracking, performance reporting, and cost optimization activities.

Ready to lead the optimization of vendor partnerships, driving cost efficiency, strengthening governance, and influencing strategic technology decisions through data-driven vendor

Education

Required

Bachelor's degree in Business, Finance, Information Technology, Supply Chain, Procurement, Contract Management, or a related field; equivalent experience may be considered.

Preferred

Advanced coursework or certification in vendor management, procurement, finance, technology management, or IT governance.

management, we'd love to hear from you.

Please note: The salary range for this position is between C$ 140,000 to C$ 155,000.

About Momentum Financial Services Group

Momentum Financial Services Group Careers

There has never been a better time to join the global team at Momentum Financial Services Group—the leading force in innovative financial solutions.

Work You’ll Do

Join Momentum Financial Services Group's market-leading team to assist some of the most prestigious companies in mastering their financial strategies and operations. Transform financial management and industry standards with the brightest minds at Momentum Financial Services Group. This is where technology, industry expertise, and digital innovation converge. Lead from a unique position in the marketplace, harnessing the power of technology to drive financial innovation and leadership. Work with a global team of business and financial advisors to help clients navigate through complex financial landscapes. Collaborate with a dedicated group of professionals, fostering an environment where innovation and leadership thrive.

Introducing the Momentum Financial Services Group Professional Pathways

The team is building a market-leading pathway to help professionals master their career growth with comprehensive training and development opportunities.

Do Innovative Work

Be part of the largest group of financial experts, where professional growth and innovation meet at the intersection of technology and financial services.

Drive Innovative Solutions

Deliver targeted financial solutions through a depth and breadth of consulting experience and innovation that’s second to none.

Be Part of a Great Team

Engage with a wide-ranging technology stack and harness the capabilities of a team known for its global scale and solution development.

Future-Proof Your Career

Advance your career with limitless opportunities supported by unmatched training, development, and certification support.

Explore

Discover how Momentum Financial Services Group leads clients like Global Retail Corp towards transformative financial management solutions, enabling predictive analytics and data-driven decision-making.

The Momentum Financial Services Group Difference

The combined service capabilities, global scale, and joint solution development help clients overcome challenges and lead transformation in their industries. Clients worldwide turn to Momentum Financial Services Group for new strategies and solutions to drive innovation and growth.

Stay Connected

Join the Team

Search open positions that match your skills and interests. Momentum Financial Services Group looks for passionate, curious, creative, and solution-driven team players. SEARCH MOMENTUM FINANCIAL JOBS

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Learn more about Momentum Financial Services Group
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1,001 employees
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