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AVP, Supplier Manager

4 months ago

Chicago, United States ABN AMRO Clearing USA LLC Full time

Winner of Built In’s 2024 Best Places to Work


About ABN AMRO Clearing USA LLC


ABN AMRO Clearing USA LLC (AAC-USA) is a subsidiary of ABN AMRO Clearing Bank N.V. We are a global clearing firm that provides an integrated suite of financial services to professional trading participants in the global financial market.


The core service offering consists of clearing, execution, stock borrowing and lending, settlement. AAC-USA has a Global Reach through direct and indirect clearing memberships to over 90 of the world’s leading exchanges. Our international network provides comprehensive market access to exchange-listed instruments such as stocks, futures, and options. ABN AMRO Clearing USA LLC-Member FINRA, NFA, FIA and SIPC.


Team Overview


The Global Supplier Management team is part of the Center of Excellence (CoE) IT Control and Service Management department within the IT organization. The team has representation across Europe (Amsterdam), Asia-Pacific (Sydney), and North America (Chicago) where the role will be based.

Due to the organization's global nature, this team operates within a matrix leadership structure. As a result, this position will functionally report into the Head of Global Supplier Management based in Amsterdam and a local manager based in the Chicago office.


Job Overview


The Supplier Manager coordinates with various local and global stakeholders across the organization, checking whether suppliers work according to the bank's standards and Third Party Risk Management framework. Connecting all the dots based on overview and knowledge, playing an important role in solving problems, and improving processes across departments. The primary scope will be on the local USA IT and business contracts, secondary scope on global contracts.

This is a hybrid position, that will require generally a minimum of three days per week onsite at the Chicago office location in the financial district of the loop. Potential for travel based on business need.


Job Responsibilities


  • Contract management - keep the contract portfolio in order, in terms of files and data
  • Advise and assist contract owners in managing their contract information, data and other experiences with suppliers
  • Monitor Third Party Risk Management controls and initiate improvement actions
  • Work on internal & external audits for continuous improvement actions
  • Participate in contract negotiations together with Global Procurement team, aimed at contractual improvements and lowering costs
  • Network and manage stakeholders like product owners, grid owners, and CoE leads etc.
  • Identify process improvement opportunities, as part of broader automation and simplification goals
  • Ensure all software licensing is current by tracking and planning with suppliers, product owners and support teams
  • Support across the CoE IT Control and IT Service Management Teams (list teams) when needed


Job Requirements


  • 5+ years’ experience working within supplier or vendor management, specifically within a Third-Party Risk Management framework
  • Bachelor’s degree
  • Able to collaborate with diverse teams and staff of all levels
  • Detail oriented and deadline focused
  • Strong verbal and written communication skills with ability to communicate effectively with all levels of an organization
  • Able to work independently and represent the department
  • Ability to support global working hours when needed
  • Ability to work a hybrid schedule with generally a min of 3 days in office


Nice to Have


  • Experience working in a highly regulated and/or financial industry
  • Experience working an Agile IT environment
  • Knowledge or Certification in Information Technology Infrastructure Library (ITIL) processes and frameworks


Perks and Benefits


As a global leader in financial services, we rely on our employees to deliver their best work for our clients. We invest in our employees by offering a host of benefits and perks.


  • Flexible hybrid work schedules (generally a minimum of three days per week onsite) with a one-time stipend to help improve hybrid working capabilities
  • Generous paid time off, sick days, market-based holiday schedule, sabbatical leave, parental/bonding leave plan and volunteer day off
  • Competitive health benefit offerings, including choice of medical plans through BCBS-IL, dental plan, vision and flexible spending accounts
  • Complimentary annual membership to One Medical, a dedicated EAP and a benefits concierge service
  • Employer paid benefits such as term life, AD&D and disability insurance
  • Robust 401(k) Plan with a generous match and vesting schedule
  • Annual learning stipend and tuition assistance program to help employees pursue additional education
  • Company-issued laptops and a role dependent mobile stipend
  • Corporate Divvy memberships and pre-tax commuter benefits
  • Monthly wellness subsidy available to be used towards wellness and fitness activities
  • Regular, open communication including monthly Town Hall meetings with the Management Team
  • A matrixed, culture-based organization with collaborative teams that promote diversity, equity and inclusion
  • Free coffee & tea, fresh fruit and snacks, “bagel Wednesday” and monthly treats to celebrate workiversaries and birthdays
  • Employee-led committees to bring awareness and inclusive activities to our employees
  • Modern open office with a large kitchen/meeting gathering area – including foosball and ping pong tables
  • Private, well-equipped Mother’s room
  • Office is conveniently located in the Chicago Loop Financial District – close to CTA and Metra
  • Well-maintained building (an architectural “masterpiece”) and a part of Chicago history – with a robust business center, gym, restaurants, café, game room and a shared rooftop terrace with green space


This information is intended as a summary of potential benefits only. Eligibility for the plans and programs listed here depends on the nature of employment, length of service and other factors. Actual coverage is governed by supporting summary plan descriptions and related policies.

ABN AMRO Clearing USA (AAC-USA) is proud to be an equal opportunity employer. AAC-USA celebrates diversity and does not discriminate on the basis of actual or perceived race, creed, color, religion, alienage or national origin, ancestry, citizenship status, age, disability or handicap, sex, marital status, veteran status, sexual orientation, status as a victim of domestic violence, sex offenses or stalking, genetic predisposition or carrier status, gender identity or expression, or any other characteristic protected by applicable federal, state or local laws. We cultivate a culture of inclusion for all employees that respects individual strengths, views and experiences. We believe that our differences enable us to be a better and stronger team – one that makes better decisions and delivers better business results. AAC-USA participates in the E-Verify program in the US.