Strategic Vendor Relationship Manager

7 days ago


Milwaukee, Wisconsin, United States Northwestern Mutual Careers Full time
About the Role

We are seeking an experienced Strategic Vendor Relationship Manager to join our team at Northwestern Mutual Careers. As a key member of our sourcing and procurement function, you will be responsible for developing and managing strategic business plans for critical/high risk and strategic vendor relationships.

The ideal candidate will have a minimum of 8 years of experience in a sourcing and procurement function in the financial services industry, with expertise in negotiating financial technology, data contracts, and research contracts. You will also possess excellent influencing skills, able to develop strong relationships with varying levels of management and individual contributors from various business units.

Key Responsibilities
  • Develop strategy, vendor goals, and execution plans for critical/high risk and strategic vendor relationships in partnership with senior leadership and other key stakeholders.
  • Negotiate Master Services Agreements (MSAs), Enterprise Licensing Agreements, Data Subscription Agreements, Statements of Work, and NDA's in partnership with the Business, Legal, Risk, Compliance, and Tech teams.
  • Manage holistic enterprise vendor relationship management program with support from business unit relationship owners.
  • Provide coaching to executive relationship owners and their teams on leveraging strategic vendor relationships to achieve long-term objectives.
  • Serve as direct point of contact for business partners throughout the full strategic sourcing process.
Requirements
  • Minimum 8 years of experience in sourcing and procurement function in financial services industry.
  • Expertise in negotiating financial technology, data contracts, and research contracts.
  • Excellent influencing skills, able to develop strong relationships with varying levels of management and individual contributors.
Benefits
  • Flexible work schedules.
  • Comprehensive benefits package.
  • Employee resource groups.
Compensation

Salary Range: $90,930.00 - $168,870.00. Compensation decisions are dependent on the facts and circumstances of each case, including the scope, complexity, and cost of labor in the market. Please note that positions in certain locations, such as California, may provide an increase on the standard pay structure based on location.



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