Qureos Mentor

First Tech Federal Credit Union

<div>Description 
 
The Vice President of Vendor Management will lead the enterprise-wide strategy and centralized execution for overseeing the full vendor life-cycle - from sourcing, contract negotiation to on-boarding, performance management, renewal, and off-boarding. This role is central to driving a unified vendor management model that enhances operational efficiency, reduces risk, controls costs, and aligns with organizational goals. The VP will foster a builder mindset, creating scalable processes, systems, and governance frameworks while promoting cross-functional collaboration to embed vendor management as a strategic driver of growth. 
Here's what you can expect from the job and what you need to be successful: 
Job Duties 
<ul><li>
Serve as the executive sponsor for vendor strategy, ensuring alignment with enterprise goals, transformation initiatives, and merger integration milestones.</li><li>
Architect and implement a centralized Vendor Management Office (VMO), integrating procurement, sourcing, on-boarding/off-boarding, performance monitoring, and contract administration.</li><li>
Align vendor strategy with digital modernization and operational restructuring efforts.</li><li>
Lead change management to embed vendor management practices across departments and ensure adoption of centralized processes.</li><li>
Champion a builder mindset by designing scalable processes, systems, and playbooks for enterprise-wide vendor management.</li><li>
Oversee a high-performing team responsible for the full vendor life cycle: selection, on-boarding, performance monitoring, renewal, renegotiation, and off-boarding.</li><li>
Establish and maintain sound vendor management monitoring and oversight (e.g., vendor scorecards, KPIs, and dashboards) to track performance, compliance, and value delivery.</li><li>
Collaborate with Legal, Risk, and Compliance teams to ensure vendor activities meet regulatory, privacy, and internal control standards.</li><li>
Monitor risk triggers (e.g., license true-ups, audit clauses) and proactively mitigate exposure.</li><li>
Ensure timely and compliant execution of all contracts, coordinating with internal stakeholders for reviews and approvals.</li><li>
Lead efforts to consolidate vendors and repaper contracts to reduce redundancy and improve leverage.</li><li>
Own the vendor management budget and report on cost savings, ROI, and value realization.</li><li>
Drive strategic sourcing, cost optimization, and supplier innovation.</li><li>
Support RFP/RFI/RFQ processes and vendor negotiations in alignment with organizational standards and budgets.</li><li>
Develop strategic partnerships with key vendors to foster innovation and long-term value creation.</li><li>
Oversee the selection and implementation of vendor management systems (e.g., VMS, CLM platforms) to automate workflows and enhance visibility.</li><li>
Ensure system integration with IT, finance, and legal platforms for seamless life-cycle management.</li><li>
Promote continuous improvement through technology, automation, and data analytics.</li><li>
Provide regular updates to executive leadership and the board on vendor performance, risk exposure, cost efficiency, and strategic value.</li><li>
Develop executive dashboards and reporting frameworks to support enterprise decision-making.</li><li>
Lead vendor due diligence and integration planning for mergers, acquisitions, and divestitures</li></ul> 

Essential Skills 
<ul><li>
10+ years in vendor management, procurement, strategic sourcing, or supply chain leadership.</li><li>
Proven success in building and scaling centralized vendor management functions across complex organizations.</li><li>
Demonstrated leadership in enterprise-wide transformation, including mergers, acquisitions, and integration.</li><li>
Strong understanding of contract law, third-party risk, procurement best practices, and regulatory compliance.</li><li>
Experience in vendor spend analysis, performance metrics, and strategic planning.</li><li>
Demonstrated ability to make sound, data-driven decisions balancing strategic priorities with operational realities.</li><li>
Familiarity with vendor management systems (e.g., VMS, CLM) and integration with finance, legal, and procurement platforms.</li><li>
Experience leveraging automation, analytics, and dashboards for vendor performance and reporting.</li><li>
Exceptional communication skills and ability to influence cross-functional teams and executive leadership.</li><li>
Proven track record of navigating complex stakeholder relationships, resolving conflicts, and fostering alignment.</li><li>
Knowledge of data privacy, audit requirements, and compliance frameworks.</li><li>
Experience in financial services or other regulated industries preferred.</li><li>
Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook/Teams).</li><li>
Relevant certifications preferred: CSCP, CPSM, CTPRP, PROSCI.</li><li>
Juris Doctor (JD) preferred but not required.</li><li>
Minimum Education: Bachelor&rsquo;s degree (advanced degrees preferred) related to Vendor Management or related field or 4 additional years of relevant experience in lieu of a degree.</li><li>
Required Experience: 10+ years of progressive leadership experience in vendor management or related field including 10 years as a people leader.</li></ul> 

Location: Hillsboro, OR 97124 | (HYBRID) 
Target Compensation in Hillsboro, OR: $230k - $270k annually + annual bonus 
Benefits options include:<ul><li>
Traditional medical, dental, and vision coverage</li><li>
401K matching up to 5% per pay period</li><li>
11 paid federal holidays</li><li>
Special employee pricing on lending products such as mortgage, auto, and personal loans (eligibility for special employee pricing is subject to standard account requirements and underwriting criteria)</li></ul> 

What makes First Tech different? Click here to learn more! 
First Tech is not currently offering Visa transfer/ sponsorship for this position
 
#LI-KW1</div>

Vice President, Vendor Management

Join First Tech Federal Credit Union and explore 1   exciting career opportunities. They're hiring for various roles with options for remote or on-site work. Apply today and become part of their innovative team.

First Tech Federal Credit Union

ABOUT_COMPANY

Vice President, Vendor Management