Vendor Manager

The Institutes

$80K — $110K *
Business Services
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3-5+ years in vendor management, third-party risk, IT governance, compliance, or risk analysis.
  • Proficiency in LLM technology and tools for complex research and analysis.
  • Experience reviewing vendor contracts and managing renewals.
  • Familiarity with third-party risk assessments and security questionnaires.
  • Strong analytical skills with effective documentation capabilities.
  • Experience managing SaaS inventories or technology portfolios. This includes proficiency in Excel and vendor management platforms.

Responsibilities

  • Maintain a contract repository and track renewal dates.
  • Coordinate renewals with Legal and Procurement departments.
  • Evaluate and maintain vendor tier classifications and risk profiles.
  • Conduct AI-focused vendor risk assessments for data handling and model usage.
  • Review AI-related clauses in vendor contracts for compliance and risk management.
  • Maintain an enterprise SaaS inventory and a technology portfolio map to optimize resources.
  • Develop executive-level dashboards for vendor risk and AI posture reporting.

Benefits

  • 401(k) plan with company contribution up to 16%.
  • Generous time off that includes vacation, personal, sick days, and holidays.
  • Paid maternity and parental leave.
  • Tuition reimbursement for continued education.
  • Comprehensive medical, dental, vision, and prescription coverage.
  • On-site benefits include free daily lunch, fitness center, and scenic walking path.
Full Job Description
Vendor ManagerThe Vendor Manager role is responsible for advancing the organization's vendor governance program into a strategic, risk-driven function focused on AI, data exposure, and technology portfolio optimization.

This role evolves beyond operational vendor tracking to provide analytical oversight of third-party risk, AI model exposure, SaaS rationalization strategy, and contractual data governance. The Analyst partners cross-functionally with Security, Legal, Procurement, IT, Application Development, and Compliance to evaluate vendor AI posture, assess model risk exposure, and ensure responsible technology adoption across the enterprise.

This position plays a critical role in strengthening the organization's Third-Party Risk Management (TPRM) and AI governance frameworks, driving informed decision-making through risk analytics, vendor scoring, and portfolio optimization.

What You'll Do:

Vendor Governance & Lifecycle Management
  • Maintain contract repository and track renewal dates
  • Coordinate renewals with Legal and Procurement
  • Maintain vendor tier classifications and risk profiles
  • Track remediation items and follow up with vendors.
  • Review and distribute security questionnaires.
  • Collect and analyze SOC reports, cyber insurance documentation, and compliance artifacts.
  • Identify and execute Continuous improvement opportunities for the customer experience
  • Proactively do research on the vendors spaces to track trends, risks and current events. Raise risks as needed.

AI & Third-Party Risk Analysis
  • Conduct AI-focused vendor risk assessments, including model usage, training data sources, and data retention practices.
  • Evaluate vendor AI posture and develop AI risk scoring methodology.
  • Assess AI model risk exposure, including bias, explainability, and regulatory considerations.
  • Partner with Security to detect and mitigate Shadow AI usage across the organization.
  • Track vendor data exposure risk and data-sharing pathways.
  • Coordinate OneTrust integrations and AI governance workflows.

Contract & Data Governance Oversight
  • Review and evaluate AI/data-related clauses in contracts, including:
    • Data ownership
    • Data residency
    • Model training rights
    • Sub processor disclosures
    • AI indemnification and liability language
  • Partner with Legal to strengthen AI and data protection contractual standards.
  • Support AI/data usage contractual reviews during vendor onboarding and renewals.

Technology Portfolio & SaaS Rationalization
  • Maintain enterprise SaaS inventory and technology portfolio map.
  • Analyze license utilization and identify consolidation opportunities.
  • Develop SaaS rationalization strategy to reduce redundant platforms.
  • Assess overlapping AI tool capabilities and risk duplication.
  • Provide cost-risk optimization recommendations to leadership.

Analytics & Strategic Reporting
  • Develop vendor risk dashboards and AI posture reporting.
  • Create executive-level reporting on:
    • AI vendor exposure
    • Data risk trends
    • Model risk concentration
    • SaaS redundancy and cost optimization


What We're Looking For:

Required
  • 3-5+ years of experience in vendor management, third-party risk, IT governance, compliance, or risk analysis.
  • Proficiency in LLM technology and utilization of such tools to manage the complexities of the research and analysis are critical to the success of the role.
  • Effective hands-on usage of LLM technology-based tools to help achieve department Ends
  • Experience reviewing vendor contracts and tracking renewals.
  • Exposure to third-party risk assessments and security questionnaire processes.
  • Strong analytical and documentation skills.
  • Highly curious, and a desire for continuous improvement of the customer experience and risk management processes.
  • Experience managing SaaS inventories or technology portfolios.
  • Proficiency in Excel and vendor management platforms.

Preferred
  • Experience supporting SOC 2, ISO 27001, or similar audits.
  • Familiarity with OneTrust or TPRM platforms.
  • Exposure to AI governance, data risk management, or emerging technology risk.
  • Understanding of AI model risk principles (bias, explainability, regulatory impact).

Ability to be on-site 5 days a week is a must. The need for extended hours may be required to support meetings/events.

Required Competencies
  • Analytical and risk-based decision-making
  • Strategic thinking
  • Strong organization skills
  • AI and data governance awareness
  • Strong cross-functional collaboration
  • Process optimization mindset
  • Executive-ready reporting skills
  • Strive to reflect our five cultural values in all efforts: Put the Customer First, Do What You Say, Work Together, Be Innovative and Do the Right Thing.

The Best Part? The Benefits!

To enforce the importance of work-life balance, employees enjoy excellent benefits, including:
  • 401(k) plan with company contribution up to 16%
  • Generous time off package that includes paid vacation, personal, sick, and holidays
  • Paid maternity and parental leave
  • Tuition reimbursement
  • Medical, dental, vision, and prescription coverage
  • On our Malvern campus: Free lunch every day when working on campus, onsite fitness center, and a beautiful 1.25-mile walking path!

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