Senior Vendor Performance Manager

Highmark

$90K — $110K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Business, Finance/Accounting, Health Care Management, Economics or related field, or 6 years of relevant work experience in lieu of a degree.
  • 5 years in Vendor Management, Vendor Operations, Financial Reporting or Budget Management.
  • Preferred: 5 years in the Health Care industry; 1 year in Project Management.
  • Critical thinking skills and ability to provide recommendations on issues.
  • Strong organizational and time management skills, ability to multitask.

Responsibilities

  • Oversee external vendors and ensure quality of their work meets contract expectations.
  • Manage operational issues, responding to high-priority vendor requests and ensuring SLA adherence.
  • Champion operational needs in vendor governance processes and escalate as necessary.
  • Coach and develop peers and vendor staff, managing performance and productivity.
  • Monitor vendor contracts and ensure compliance with key terms and requirements.
  • Ensure invoice accuracy and compliance with contractual standards in budget functions.
  • Assist in developing vendor strategies and operational models for business interactions.

Benefits

  • Hybrid work model: on-site three days a week.
  • Opportunity for professional growth and development.
  • Engagement in high-priority projects with significant impact.
  • Exposure to and collaboration with client relationship teams and strategic partners.
  • A supportive work environment fostering critical thinking and problem-solving skills.
Full Job Description

JOB SUMMARY

This job will assume responsibility of operational support with vendor relationships, working directly with the vendor client relationship role and to ensure day-to-day oversight and management in meeting performance expectations outlined in the service level agreement (SLA), contract and governance document. 

This is a hybrid based role in Pittsburgh, PA - onsite 3 days a week. T, W, TH.

ESSENTIAL RESPONSIBILITIES

  • Oversee the work of external vendors and take responsibility for their work quality. Plan, manage and oversee all operational support of vendor relationships, working directly with the client relationship team and vendor to ensure performance is meeting our expectation outlined in the contract as well future contract negotiation planning and implementation for new business needs.
  • Manage operational issues for day-to-day activities, respond to high priority, complex and/or escalated vendor requests and ensure vendors adhere to all operations service level agreement metrics. Makes recommendations for business process improvements with a thorough understanding of technical problems and solutions as they relate to the business needs.
  • Represent, engage and champion operational needs within the governance process and structure as outlined in the vendor contract to ensure efficient and effective relationship management of the services provided. Escalation to lead when necessary.
  • Perform responsibilities to include, but are not limited to: coaching and development of peers and vendor staff, vendor performance management and productivity.
  • Awareness and oversite of contracts applicable to team's vendors, ensuring partnership with procurement on contract development and renewal, and financial reimbursement. Ensure documentation of vendor compliance with key contract terms / requirements. 
  • Responsibility for invoice accuracy, payment, and compliance with contractual terms and that desired services were performed for vendors within their team.Responsibility for budget function including ensuring that purchase orders created are in compliance with Accounts Payable guidelines, data entered into the Highmark budget system consistent with senior management direction, awareness/communication of monthly actual versus budget reports to leadership.
  • Assist in the creation of vendor strategy specific to the functional area and operationalize the approach. Lead the creation and modification of the operating model by which the company and the vendor(s) interact.
  • Other responsibilities as required.

REQUIRED EDUCATION

Minimum

  • Bachelor's Degree in Business, Finance/Accounting, Health Care Management, Economics or related field

Substitution

  • 6 years of relevant work experience in lieu of a Bachelor's Degree

Preferred

  • None

EXPERIENCE:

Required

  • 5 years in Vendor Management, Vendor Operations, Financial Reporting ORBudget Management

Preferred

  • 5 years in the Health Care industry
  • 1 year in Project Management

LICENSES OR CERTIFICATIONS

Required

  • None

Preferred

  • None

SKILLS

  • Critical Thinking Skills
  • Flexibility and enthusiasm for learning
  • Good communication skills
  • Ability to quickly assess situations, identify and provide recommendations on issues
  • Experience in and ability to thrive in a matrixed organization
  • Experience with budget management
  • Ability and comfort interacting and presenting to leaders
  • Strong organizational and time management skills with the ability to multitask and reprioritize
  • Computer Literacy (Microsoft Office Suite)
  • Process Development and Oversite

LANGUAGE REQUIREMENT:

None

TRAVEL REQUIREMENT:

0% - 25%

PHYSICAL, MENTAL DEMANDS and WORKING CONDITIONS

Position Type

Office-Based

Teaches / trains others regularly

Frequently

Travel regularly from the office to various work sites or from site-to-site

Rarely

Works primarily out-of-the office selling products/services (sales employees)

Never

Physical work site required

No

Lifting: up to 10 pounds

Constantly

Lifting: 10 to 25 pounds

Occasionally

Lifting: 25 to 50 pounds

Occasionally

Disclaimer: The job description has been designed to indicate the general nature and essential duties and responsibilities of work performed by employees within this job title. It may not contain a comprehensive inventory of all duties, responsibilities, and qualifications required of employees to do this job.

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