Vendor Manager III

The Vendor Manager is responsible for managing Third Party Business Arrangements throughout all stages of the Third Party Management Lifecycle (TPML). This role involves monitoring, analyzing, and reporting on vendor performance, ensuring compliance with relevant frameworks and policies, and mitigating risks associated with vendor relationships. The position requires a deep understanding of vendor management principles and the ability to lead complex projects while collaborating with various stakeholders. Successful candidate will be supporting high profile portfolio within company securities, and will be expected to speak to 3-4 stakeholders on a regular basis about opening new vendor engagements.

This role will rely on ability to manage relationships and cultivate strong connections with the appropriate line of business, and walk them through relevant processes. Successful candidate will be paired with a direct sourcing lead to help with engagements.

Job title: Vendor Manager III
Location: Toronto, ON (Hybrid: 4 days onsite, 1 day remote)
Contract Duration: 6 months
Work Schedule: Monday – Friday, Core Business Hours (37.5 hours/week)
Pay Rate $49.18

Advantages
High Extension Potential: While initially funded for 6 months due to project cycles, there is a very strong likelihood of extension to a 12+ month term.
High-Impact Exposure: Direct, daily interaction with senior executives and key decision-makers across a top-tier corporate environment.
Collaborative Culture: Join a supportive, highly respected team environment that values autonomy, growth, and professional development.
Competitive Compensation

Responsibilities
Scope of work may include but is not limited to:
Manage Third Party Business Arrangements through all stages of the TPML.
Monitor, analyze, and report on vendor performance against SLAs, SLOs, and KPIs.
Identify and escalate issues to mitigate risks associated with vendor relationships.
Lead problem resolution for complex issues and provide subject matter expertise.
Maintain strong relationships with internal stakeholders and ensure compliance with policies and standards.
Conduct internal and external research projects and support the development of presentations to management.
Collaborate with internal stakeholders to support business needs and manage transitions or terminations of vendors.

Qualifications
MUST-HAVE Hard Skills:
1.) 5+ years of Vendor Management experience
2.) 5+ years of experience with Third-Party Management Lifecycle

SOFT SKILLS:
1.) Excellent communication skills (written and verbal)
2.) Strong interpersonal and time management skills
3.) Strong sense of urgency and adaptive to changes
4.) Team player

NICE-TO-HAVE
1.) Banking Experience (strong asset)
2.) Prior risk assessment experience
3.) Project Management experience – ability to lead, plan, implement, and evaluate project activities
4.) Familiarity with procurement platforms such as Coupa and Ariba
5.) CSP or PMP certification

Summary
If you are interested in the Vendor Manager III position please apply online today!

Randstad Canada is committed to fostering a workforce reflective of all peoples of Canada. As a result, we are committed to developing and implementing strategies to increase the equity, diversity and inclusion within the workplace by examining our internal policies, practices, and systems throughout the entire lifecycle of our workforce, including its recruitment, retention and advancement for all employees. In addition to our deep commitment to respecting human rights, we are dedicated to positive actions to affect change to ensure everyone has full participation in the workforce free from any barriers, systemic or otherwise, especially equity-seeking groups who are usually underrepresented in Canada's workforce, including those who identify as women or non-binary/gender non-conforming; Indigenous or Aboriginal Peoples; persons with disabilities (visible or invisible) and; members of visible minorities, racialized groups and the LGBTQ2+ community.

Randstad Canada is committed to creating and maintaining an inclusive and accessible workplace for all its candidates and employees by supporting their accessibility and accommodation needs throughout the employment lifecycle. We ask that all job applications please identify any accommodation requirements by sending an email to [email protected] to ensure their ability to fully participate in the interview process.

This posting is for existing and upcoming vacancies.