UL

Senior Manager, IT Strategic Vendor Management

UL • $150K — $180K *
Northbrook, IL 60062In-Person
Information Technology
Less than 5 years of experience
1 month ago
Job Overview by Ladders

Qualifications

  • 5+ years of experience in vendor management or procurement roles
  • Strong negotiation skills and experience managing supplier contracts
  • Ability to develop and implement performance metrics and KPIs
  • Experience in stakeholder engagement and relationship management
  • Knowledge of regulatory compliance related to vendor services
  • Familiarity with IT strategy alignment and industry best practices
  • Proven leadership capabilities in managing teams and driving results.

Responsibilities

  • Evolve vendor management strategy and framework
  • Evaluate and align potential vendors with IT goals
  • Negotiate supplier agreements with IT stakeholders
  • Build relationships with internal teams to identify their vendor needs
  • Oversee strategic vendor contract renewals and negotiations
  • Implement vendor performance metrics and hold performance reviews
  • Address vendor performance issues and enforce compliance.

Benefits

  • Health benefits including medical, dental, and vision
  • Annual bonus potential of 5% of base salary
  • Retirement savings plan (401K)
  • Paid time off including vacation and holidays
  • Wellness benefits covering mental and financial health.
Full Job Description
Job Description

  • Evolve the design and execution of the vendor management strategy framework to evaluate partnerships and provide regular updates on upcoming renewals, opportunities for optimization and overall vendor performance.
  • Evaluate potential vendors and service providers and ensure alignment with IT strategy and goals.
  • Partner with IT stakeholders and Sourcing to manage and negotiate supplier agreements.
  • Build and manage relationships with internal stakeholders to understand their needs and ensure vendor services meet those needs.
  • Oversee and manage strategic and large vendor contract renewals and support negotiation extensions or terminations as needed.
  • Implement and coordinate a vendor engagement model with strategic vendor and internal stakeholders to ensure vendor performance and alignment with IT strategy
  • Establish and implement vendor performance metrics and KPIs, and create and publish IT metrics to ensure quality, timely and consistent delivery and progress against strategy.
  • Organize and conduct regular performance reviews and audits to ensure vendors meet or exceed expectations.
  • Address and resolve vendor performance risks and issues and implement corrective actions.
  • Ensure vendors comply with regulatory requirements and company policies.
  • Develop and maintain a vendor risk management framework.
  • Manage, in conjunction with asset management resources, the tracking of software/hardware assets and consumption of on-premises and cloud-based entitlements.
  • Establish and/or approve internal and external policies, standards and processes for vendor interaction.
  • Support the vendor selection process, including RFPs, RFIs, and vendor assessments in partnership with IT stakeholders and UL Solutions' Sourcing organization.
  • Stay current with industry trends and best practices in vendor management.
  • Identify opportunities for process improvements and implement changes to enhance vendor management practices.
  • Lead initiatives to optimize vendor performance and value.
  • Lead, mentor and foster a collaborative global team to deliver vendor management services and meet organizational objectives.
  • Manage performance of direct reports by developing accountabilities, establishing performance objectives, providing career counseling, feedback and guidance and ensuring that all policies are understood and adhered to.
  • Read and follow the Underwriters Laboratories Code of Conduct, and follow all physical and digital security practices.
  • Performs other duties as directed.


Qualifications

What we offer:
  • Total Rewards: We understand compensation is an important factor as you consider the next step in your career. The estimated salary range for this position is $150,000-$180,000 and is based on multiple factors, including job-related knowledge/skills, experience, geographical location, as well as other factors. This position is eligible for annual bonus compensation with a target payout of 5% of the base salary. This position also provides health benefits such as medical, dental and vision; wellness benefits such as mental and financial health; and retirement savings (401K) commensurate with the standard rewards offered in each individual location or country. We also provide full-time employees with paid time off including vacation (15 days), holiday including floating holidays (12 days) and sick time off (72 hours).


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About UL

UL is a global safety certification company headquartered in Northbrook, Illinois. It was founded in 1894 and has been providing safety testing, inspection, and certification services for over 125 years. UL operates in over 100 countries and has more than 14,000 employees worldwide. The company's mission is to promote safe living and working environments by advancing safety science. UL's services cover a wide range of industries, including consumer products, industrial equipment, building materials, and more.
Learn more about UL
Size
14,700 employees
Industry
Aerospace & Defense
Founded
1900
* Ladders Estimates

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