Senior Vendor Manager

The Senior Vendor Manager is responsible for overseeing the procurement and management of vendor services for the organization. This role requires strong negotiation skills, keen attention to detail, and the ability to build and maintain strong vendor relationships. The Vendor Manager will work closely with various departments to ensure that vendor services meet the organization's needs and quality standards.

How You Will Contribute

- Vendor Selection: Identify and select vendors that provide high-quality services at competitive rates.

- Contract Negotiation: Negotiate contracts and agreements with vendors to secure favorable terms and conditions.

- Performance Monitoring: Monitor and evaluate vendor performance to ensure compliance with contractual obligations and organizational standards.

- Relationship Management: Build and maintain strong relationships with vendors to foster collaboration and long-term partnerships.

- Issue Resolution: Address and resolve any issues or disputes that arise with vendors in a timely and effective manner.

- Spend Management: Manage spend related to vendor services and ensure cost-effective procurement.

- Risk Management: Identify and mitigate risks associated with vendor services and agreements.

- Compliance: Ensure all vendor activities comply with legal and regulatory requirements.

- Reporting: Provide regular reports on vendor performance, costs, savings, renewals, and other relevant metrics to senior management.

- Best Practices: Develops policies and procedures based on expertise to establish best practices for the vendor management function.

What You Will Bring

- Minimum of 5 years of experience in vendor management, procurement, or a similar role.

- SaaS and IT procurement expertise - s trong experience sourcing and managing software and technology vendors, including SaaS contract structures, licensing models, and negotiations with IT/software suppliers.

- Strong negotiation and communication skills.

- Excellent analytical and problem-solving abilities.

- Proficiency in vendor management software and tools.

- Proven experience developing and calculating metrics to monitor vendor management progress.

- Demonstrated expertise in data analytics to identify actionable steps for advancing the vendor management function.

- Proven experience in developing and implementing best practices for vendor management.

- Ability to manage multiple projects and vendors simultaneously.

- Detail-oriented with a strong focus on quality and compliance.

- Ability to effectively lead and develop a team in a Principle-Based Management (PBM) environment.

- Enthusiastic about contributing to Stand Together's vision and principled approach (https://standtogether.org/our-vision-and-principles) to problem-solving, and committed to stewarding our culture (https://standtogether.org/careers/our-culture), which champions values including transformation and innovation, entrepreneurialism, humility, and respect.

Stand Out Candidates Will Bring

- Certifications: Professional certifications such as Certified Professional in Supply Management (CPSM) or Certified Purchasing Manager (CPM) are preferred.

What We Offer

- Competitive benefits: (https://standtogether.org/careers/benefits) Enjoy a 6% 401(k) match with immediate vesting, flexible time off, comprehensive health and dental plans, plus wellness and mental health support through Peloton and Talkspace.

- A meaningful career: Join a passionate community of over 1,300 employees dedicated to improving lives and driving innovative solutions to complex social challenges.

- Commitment to growth: Thrive in a non-hierarchical environment that empowers employees to discover, develop, and apply their unique talents.

- Competitive compensation: We reward the value you create with competitive salaries and bonus opportunities, so you can share in the success you help drive.

Our Values: Working for an organization within the Stand Together philanthropic community is different from many other places. The culture is deeply rooted in Principle Based Management® (PBM®), a framework guided by the principles that drive human progress, such as dignity, openness, and bottom-up empowerment. PBM® empowers employees to be entrepreneurial, to innovate, and to continually drive transformation.   
 
We believe diversity fuels creativity, broadens knowledge, and helps drive success.  That is why we’re proud to be an Equal Opportunity Employer and strive to treat all employees and applicants with honesty, dignity, and respect.

For this role, the anticipated base salary range is $130,000–$140,000 per year. This role may also be eligible for additional bonus compensation designed to align total compensation with an employee’s overall contribution to the organization.
Our Principles-Based Management™ (PBM) compensation philosophy is grounded in an individualized approach that rewards the long-term value each person creates for the organization. Compensation decisions are informed by a variety of factors, including relevant experience, capabilities, demonstrated skills, role responsibilities, and expected contribution. Consistent with this approach, base salary may vary within or outside of the anticipated range based on these considerations.