IT Procurement Specialist

4 weeks ago

Cincinnati, Ohio, United States Core Specialty Full time

We are seeking a highly skilled IT Procurement & Vendor Management Specialist with a strong background in IT services, software license management, service level agreements (SLAs), regulatory compliance, and third-party contracting.

The ideal candidate will hold a JD degree, with a legal focus on IT and regulatory technology agreements and will be responsible for ensuring our organization's IT vendor partnerships meet all compliance, governance, and contractual obligations.


Key Responsibilities:

Vendor Management & Compliance:
Oversee and manage vendor relationships, focusing on ensuring compliance with software licensing agreements, SLAs, and regulatory requirements.
Conduct regular vendor risk assessments to evaluate ongoing compliance with contractual and regulatory standards.
Ensure vendors meet regulatory obligations related to IT operations (SOC I/SOC II, HIPAA, etc.).
Maintain a vendor management system to track compliance with legal, financial, and security obligations.
Conduct Quarterly Business Reviews (QBRs) with all major vendors and internal stakeholders.

Software Licensing & SLA Management:
Monitor and manage all software licensing agreements to ensure compliance with legal and contractual terms.
Negotiate software licensing terms and renewals to align with business needs and compliance requirements.
Track and review SLAs to ensure vendors are delivering services in alignment with agreed performance standards and compliance obligations.
Develop reports on vendor performance and SLA compliance, presenting findings to senior leadership.
Manage all software licensing company-wide and conduct regular reconciliations of all licenses.

Contract Negotiation & Regulatory Oversight:


Serve as the legal expert on IT vendor contracts, collaborating with internal stakeholders and external vendors to ensure terms comply with company policies and regulations.


Draft, review, and revise IT contracts, software licensing agreements, and service level agreements to meet business and legal requirements.


Ensure that all IT vendor contracts and agreements adhere to relevant regulatory frameworks, including SOX, GDPR, CCPA, HIPAA, and others.


Monitor changes in regulatory environments and ensure timely updates to vendor contracts.


Manage all renewals and contract amendments throughout the lifecycle of each vendor relationship.


Regulatory Technology & Compliance:
Manage and ensure compliance with regulatory technology solutions and platforms used for vendor management and compliance tracking.
Implement tools to automate the monitoring and reporting of vendor compliance with licensing, security, and SLA terms.


Collaborate with IT, legal, and risk management teams to ensure vendor management processes comply with internal and external audit requirements.


Reporting & Auditing:
Develop comprehensive reports and dashboards on vendor compliance, software licensing status, and SLA adherence.
Participate in audits and ensure proper documentation of vendor agreements and regulatory compliance efforts.
Provide regular updates to legal and IT leadership on the status of vendor compliance efforts and key performance indicators.

Requirements:
Juris Doctor required from an accredited law school with a specialization in IT, compliance, or regulatory law.
Must be licensed to practice law in Pennsylvania or New Jersey.
5+ years of experience in IT vendor management, compliance, and software licensing.
Expertise in negotiating software licensing agreements, SLAs, and managing regulatory technology platforms.
Experience with third-party risk management, compliance software, and automation tools for monitoring IT contracts.
Experience working in a highly regulated industry (e.g., finance, insurance, healthcare) is a plus.
Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa for this position.
At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement. We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program

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