Supplier Relationship Manager/Technology Vendor Manager - 75254

apartmentS.i. Systèmes placeToronto calendar_month 
Supplier Relationship Manager/Technology Vendor Manager - 75254 Duration: 12 months Location: Hybrid - Downtown Toronto (1 day/week) Skills: 8+ years of relevant experience in vendor management (SW licenses, vendor hosted services, professional services) Knowledge of the supplier management life cycle and risk management.

Past experience working in a technology related project delivery capacity such as business analysis, project management or an operational support function is an asset Possess general knowledge of technology infrastructure and business application software specific to Commercial Banking is an asset Client management expertise capable of building strong working relationships within a Technology team and other corporate functional areas University degree/college diploma preferably in business or technology related field of study.

Responsibilities: Develops, promotes, maintains and manages an assigned business/group vendor management program for the completion of contracts and partnerships with Technology suppliers/service providers. Responsible for the negotiation of third-party agreements with specific focus on technology related products and services; coordinates with legal, procurement and other stakeholders as required Builds effective relationships with internal/external stakeholders and ensures alignment between stakeholders; includes developing an understanding of technology's needs and expectations Influences and negotiates to achieve objectives; seeks opportunity to minimize costs Conducts analysis to inform recommendations; effectively communicate to all managerial levels Responsible for onboarding new vendors, including management of the risk assessments, providing sound judgement in the assessment process, acting as a subject matter expert for our technology managers Ensures compliance with the Bank's enterprise third party risk management policy Understands the Bank's risk appetite as it relates to outsourcing and supplier risk Provides on-going vendor management support to address quality and legal issues Acts as the lead in any vendor dispute that involves legal resolution Provides effective reporting to the CIOs and LTOs that will aid in the overall management of their contracts/vendors.

Reviews draft contracts for risks and key terms, negotiating contractual language with suppliers Modifies, renews, terminates contracts as required. Responsible for financial forecasts for licensed applications; including validation of actual costs In conjunction with Project Managers and Senior Technology Officers, validates that funding is in place; understands financial treatments and provide guidance to managers in completing their forecasts Works with peers in overall financial management and risk management Broader work or accountabilities may be assigned as needed.

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