Associate, Vendor Management

Associate, Vendor Management

Country: United States of America

Your Journey Starts Here:

Santander is a global leader and innovator in the financial services industry. We believe that our employees are our greatest asset. Our focus is on fostering an enriching journey that empowers you to explore diverse career opportunities while nurturing your personal growth. We are committed to creating an environment where continuous learning and development are prioritized, enabling you to thrive both professionally and personally. Here, you will find ample opportunities to connect and collaborate with talented colleagues from around the world, sharing insights and driving innovation together. Join us at Santander, where you are supported by a culture of engagement and a commitment to your success.

An exciting journey awaits, if you are interested in exploring the possibilities We Want to Talk to You!

The Difference You Make:

As an Associate, Vendor Manager, you will play a crucial role in managing and nurturing relationships with our vendors to optimize performance and drive business growth. This role requires strong organization skills and excellent leadership skills.  You will be responsible for conducting business reviews, review vendors performance and ensure compliance with our Third-Party Risk Management (TPRM) standards. Additionally, you will participate and contract negotiations, review Business continuity plans, SOC audits and certificates of insurance. 

• Coordinate and perform business reviews, review exit strategies, conduct Inherent Risk Assessments, while ensuring adherence to TPRM Standards.

• Serve as the primary point of contact for vendors, maintaining open lines of communication and addressing any concerns or issues promptly.

• Manage the onboarding process for new vendors, including setting timelines, coordinating necessary documentation, and facilitating introductory meetings.

• Request and review certificates of insurance from vendors to ensure compliance with contractual requirements.

• Oversee the timely upload and review of vendor reports, ensuring accuracy and completeness of data.

• Collaborate cross-functionally with internal teams, including procurement, legal, and finance, to streamline processes and resolve any vendor-related issues.

• Monitor vendor performance metrics and provide regular updates to internal stakeholders, identifying areas for improvement and implementing corrective actions when necessary.

• Build and maintaining strong partnerships with the various business line owners you will support

What You Bring:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Bachelor’s degree in business administration, supply chain management, or equivalent work experience.

• 5+ years of experience in vendor management, partner relations, or a similar role within the Auto Finance or similar industry.

• Proven track record of successfully managing vendor relationships and driving results.

• Strong understanding of TPRM standards and best practices.

• Excellent communication and negotiation skills, with the ability to build rapport and influence stakeholders at all levels.

• Highly organized with exceptional attention to detail and the ability to manage multiple priorities in a fast-paced environment.

• Willingness to travel periodically to vendor locations, approximately every 2-3 months, for 4 days each time.

• Proficiency in Microsoft Office Suite and experience with vendor management software is preferred.

Certifications:

• No Certifications listed for this job.

It Would Be Nice For You To Have:

• Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.

• Experience in Microsoft Office products.

What Else You Need To Know:

The base pay range for this position is posted below and represents the annualized salary range. For hourly positions (non-exempt), the annual range is based on a 40-hour work week. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.

Base Pay Range

Minimum:

$73,125.00 USD

Maximum:

$115,000.00 USD