Vendor Management Associate Resume Sample
Work Experience
- Real Estate Projects (Design & Construction services)
- Business Services (document storage, copiers, mailroom, etc)
- Critical Engineering (critical equipment acquisition and maintenance)
- Security Services (physical guarding, equipment maintenance)
- Travel Services (including car service)
- Consumable & other Admin services
- Directly manage key client and supplier relationships in multiple locations throughout the US, Asia and Europe
- Manage, mentor and coach Analysts within the team to make sure that knowledge is appropriately shared and team objectives are met
- Compose detailed statements of work
- Proactively identify, prioritize and manage the pipeline of Corporate Services strategic sourcing projects for the Sourcing and Vendor Management team, including appropriate management level reporting and tracking
- Support and manage competitive bid processes, including RFP’s, RFI’s, RFQ’s
- Strong written and verbal communications required. Ability to communicate across all levels of the organization
- Responsible for understanding Service Level Agreement requirements and for managing vendors to those requirements
- Responsible for partnering with Sourcing/Procurement, Legal, Operations, and other Lines of Business departments to develop or update contracts
- Operates within ‘Managed Service’ environment (contract and specific curriculum/programme requirements)
- Work with the client’s Learning & Development departments and learners to ensure requests are fulfilled satisfactorily
- Facilitate due diligence process for multiple MFS Divisions, ensuring timely initiation and completion of due diligence review
- Maintain a schedule for the implementation of due diligence on MFS vendors. Work with Enterprise Risk Management to ensure the schedule maintained is a full and complete list of firms and due diligence is scheduled appropriately. Maintains awareness of changes to MFS Vendor Management policy requirements
- Interacts with own department as well as others to facilitate resolution of questions and concerns relating to vendor management
- Assess third party control reports (e.g. SOC1, SOC2, SSAE16) when provided. Provide assessment of the report ensuring scope is adequate and no gaps in the control environment as tested
- Post all required documentation within MCM and maintain all vendor information the MFSC Vendor Management Team is responsible for in MCM ensuring all vendor attributes are accurately identified and entered into MCM
- Reviews and analyzes reports and operational documentation for accuracy and compliance with MFS policies and procedures
- Ensures timely updates and/posting of results and reports to relevant systems
- Prepares daily, weekly, monthly and ad hoc reports to satisfy departmental objectives
Education
Professional Skills
- 1) Develops and maintains effective relationships with Relationship Managers, Performance Managers, Contract Managers and Compliance Managers for assigned vendors to provide support necessary for on-going management and oversight for assigned Tactical vendors
- 2) Assists in establishing and monitoring Vendor Scorecards (quantitative and qualitative measures of performance against selected SLAs and metrics) to monitor and manage vendor performance based on a defined set of criteria for assigned Tactical vendors
- Strong organizational skills with the expectation of managing multiple tasks simultaneously
- Very good written and verbal communication skills (interaction with the client, team work)
- Prior experience in the asset management or financial industry
- Strong understanding of procurement methods and procedures including buying, quality and service assurance, contracts, commodity markets and pricing trends
- Experience with corporate finance, accounting and legal
How to write Vendor Management Associate Resume
Vendor Management Associate role is responsible for software, finance, training, database, procurement, purchasing, security, telecommunications, reporting, research.
To write great resume for vendor management associate job, your resume must include:
- Your contact information
- Work experience
- Education
- Skill listing
Contact Information For Vendor Management Associate Resume
The section contact information is important in your vendor management associate resume. The recruiter has to be able to contact you ASAP if they like to offer you the job. This is why you need to provide your:
- First and last name
- Telephone number
Work Experience in Your Vendor Management Associate Resume
The section work experience is an essential part of your vendor management associate resume. It’s the one thing the recruiter really cares about and pays the most attention to.
This section, however, is not just a list of your previous vendor management associate responsibilities. It's meant to present you as a wholesome candidate by showcasing your relevant accomplishments and should be tailored specifically to the particular vendor management associate position you're applying to.
The work experience section should be the detailed summary of your latest 3 or 4 positions.
Representative Vendor Management Associate resume experience can include:
- Provides feedback to Manager regarding current and potential issues affecting the process and identifies and facilitates implementation of workflow improvements
- Enjoys and excels at negotiating business terms and pricing
- Market data knowledge and understanding of various vendors e.g. Bloomberg, Reuters, IDC, Standard & Poor’s, etc
- Analytical and complex issue solving, eager to learn new professional SW and tools
- Manage projects encompassing multiple departments and individuals
- Create and analyze reports focusing on multi-year trends
Education on a Vendor Management Associate Resume
Make sure to make education a priority on your vendor management associate resume. If you’ve been working for a few years and have a few solid positions to show, put your education after your vendor management associate experience. For example, if you have a Ph.D in Neuroscience and a Master's in the same sphere, just list your Ph.D. Besides the doctorate, Master’s degrees go next, followed by Bachelor’s and finally, Associate’s degree.
Additional details to include:
- School you graduated from
- Major/ minor
- Year of graduation
- Location of school
These are the four additional pieces of information you should mention when listing your education on your resume.
Professional Skills in Vendor Management Associate Resume
When listing skills on your vendor management associate resume, remember always to be honest about your level of ability. Include the Skills section after experience.
Present the most important skills in your resume, there's a list of typical vendor management associate skills:
- Demonstrates a big picture understanding of the business, its interrelationships and priorities
- Asset pricing, reference data or fund accounting experience
- Demonstrated ability to positively interact with other departments, units, managers and colleagues to achieve specific business results
- Experience in customer service
- Five years of experience in vendor management, procurement or finance
- Working knowledge of vendor management disciplines, definitions, systems and processes
List of Typical Skills For a Vendor Management Associate Resume
Skills For Vendor Management Associate, Office Based Resume
- Solid understanding of a wide array of IT contract forms (i.e. MSA, SLA, SOW, etc.) including; SaaS, Cloud, Software License, Hardware
- Make repetitive movements, including, but not limited to, using a 10-key or calculator, bending, or squatting
- Lift and carry up to 50 pounds in a physical environment. Ability to stand for periods of time up to and exceeding 60 minutes
- Good understanding of other related operations i.e. fund administration, custody, financial reporting, performance measurement, clearance and collateral management, etc.
- Negotiation skills – as evidenced by successfully shaping the decision-making process in situations where there are competing objectives. Successful candidates have solid negotiation experience and are comfortable representing BlackRock’s interests in interactions with vendors and other counter parties
- Able to summarize facts, variables, alternatives, and potential outcomes to assist decisions-making
- Participates in planning change efforts
Skills For Sourcing & Vendor Management, Associate Resume
- Communicates clearly verbally and in writing
- Build and create relationships with internal clients to understand their contracting needs
- Analytic mindset, with the ability to present information in a clear, creative, and persuasive manner, in written and verbal contexts
- Demonstrated ability to monitor and analyze vendor performance data both in real time and on a cumulative basis, and make appropriate recommendations to ensure success
- Travel time required approximately 10% of the time
Skills For Operations Risk & Control Vendor Management Associate Resume
- Other European modern language would be advantage
- Advanced level of MS Office (Excel)
- Highly self-motivated and an ability to work proactively with various business groups
- A self-starter and able to manage day to day activities and drive towards long term goals autonomously
- Work with and develop relationships with various individuals at all levels of the company
- Familiarity with SAP, SharePoint and various contract management systems
Skills For Cib Vendor Management Associate Resume
- Prior experience developing and issuing RFPs, MSA’s & SOWs, Engagement Letters on a regional or global basis, ideally related to the professional services category
- Negotiation skills – as evidenced by successfully shaping the decision-making process in situations where there are competing objectives. Successful candidates have solid negotiation experience and are comfortable representing BlackRock’s interests in interactions with vendors and other third parties
- Contribute to building a culture within SVM that is focused on developing purposeful and sustainable relationships with internal clients whilst at the same time being capable of constructively challenging and influencing clients to ensure the firm’s best interests are met
- Extensive use of telephone and other communications requiring accurate perception of speech
- 3) Provides on-going Vendor Scorecard reporting and analysis to Relationship Managers and Performance Managers to facilitate their ability to adequately monitor, review and act on vendors’ operational performance for assigned Tactical vendors
- 4) Arranges business reviews and other meetings between Blue Cross and vendor personnel, including scheduling, documentation, distribution and storage of meeting outcomes, next steps and accountabilities for resolution
- 5) Develops and maintains spreadsheets, databases, and other systems for reporting and project tracking to meet Vendor Management policy and business requirements
- 6) Coordinates the development, maintenance, implementation and reporting of Vendor Management activities across a range of vendors and business units (scorecards, business reviews, accountability matrices, vendor due diligence data, and reporting, etc.)
Skills For Vendor Management Associate Resume
- 7) Collaborates with stakeholders across the business to ensure effective involvement and that project and process timelines are met, and carried out in conformance with Blue Cross policies and procedures
- Self-directed- demonstrated ability to handle multiple tasks with competing priorities
- 8) Develops and updates process documentation, templates, and databases for Vendor Management procedures and frameworks
- 9) Gathers, sorts, organizes and analyzes data to make recommendations and create reports, explaining the findings and distributes of monthly reporting in a timely and accurate manner. Also suggests technical or process improvements to data resources or standard reports
- Demonstrates strong project management capabilities and excellent verbal and written communication skills
- Able to engage and influence others (people skills)
Skills For Vendor Management Associate, Office Based Resume
- Demonstrates a willingness to examine own position and accept input from others
- High level of proficiency with Microsoft tools (Access, Word, Excel, PowerPoint)
- Work with a wide variety of people and organization levels
- Aggregate performance data/information and monitor progress against key objectives
- Market data vendor knowledge, i.e. Bloomberg, Reuters, etc
- PC usage up to 75% of the time
Skills For Sourcing & Vendor Management, Associate Resume
- Develops an awareness of customs, values, and work practices of others
- Speak fluent Spanish is desired
- Achieve results both independently and as part of a team
- Build and manage global vendor portfolio; contracts, contacts, spend, renewals, inventory and performance related to software licensing, hardware, telecommunications and other services
- Collect, analyze and track firm-wide software license information by vendor (i.e. owned vs. deployed) in centralized repository to mitigate risks and enforce compliance
Skills For Operations Risk & Control Vendor Management Associate Resume
- Support the implementation of internal processes and policies with adequate controls around contract and vendor management to mitigate risks around vendor life-cycle; vetting (RFx), onboarding, monitoring, audits, renewal and/or termination
- Partner with IT Teams and Legal to negotiate business terms with IT vendors and partners (large and small), to minimize risk and maximize price efficiencies
- Partners and coordinates with various departments to set and maintain overall vendor management strategy with particular focus on moving vendor relationships to a global model
- Research current business vendor relationships and provides recommendations to department leads such as renegotiating contracts, consolidating common activities and eliminating unneeded goods or services
- Assists in identifying, evaluating and developing new potential vendor suppliers
- Monitors and measures vendor performance against contracted terms and condition and provides and implements vendor performance improvement plans when needed
- Manages full vendor life cycle from the Request for Proposal process through contract life cycle
Skills For Cib Vendor Management Associate Resume
- Drives the global strategy to evolve the program to meet regional vendor management needs outside of the US and works with current local vendor managers to integrate current efforts
- Assists and guides the global procurement team in expanding the Global Vendor Management Program activities
- Manages the internal database of vendor information including profile, services, spend and other notable contract information
- Coordinates the efforts of the global vendor risk committee to evaluate critical vendors on a risk and performance basis
- Conducts on-site vendor reviews as targeted through the vendor risk committee
- Expands and coordinates global efforts to address vendor management requirements due to local and regional regulations (i.e. GDPR in the UK and MAS in Singapore)
- Monitors and reports key metrics for vendor performance, risk levels and external industry factors
- Researches market and industry trends in regards to Janus Henderson’s business services provided by vendors to provide best practice strategies for continued performance management