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Strategic Vendor Relationship Manager
1 month ago
About the Role:
We are seeking a skilled Strategic Vendor Relationship Manager to join our team at TD International Services Ltd. in Singapore. As a key member of our Vendor Management team, you will be responsible for managing Third-Party Business Arrangements through all stages of the Third-Party Management Lifecycle (TPML), ensuring alignment with relevant frameworks, policies, and standards.
Key Responsibilities:
- Vendor Management: Own the management of Third-Party Business Arrangements, initiating intake via a Sourcing Request and following the Third-Party Risk Assessment process.
- Risk Mitigation: Monitor a Third Party's financial health to mitigate risk related to costs and services, while maintaining strong relationships with internal stakeholders.
- Compliance: Ensure integrity in dealing with Third Parties, complying with TD's Expense Policy, Enterprise Procurement Policy, Vendor Management Policy, and Code of Conduct and Ethics.
- Continuous Improvement: Focus on continuous improvements to facilitate entering into Third-Party Business Arrangements and promote effective delivery.
- Stakeholder Management: Consistently exercise discretion in managing correspondence, information, and confidentiality, escalating issues where appropriate.
Requirements:
- Experience: Undergraduate degree with minimum 7+ years of related experience in Vendor Management, Business Arrangements, Third-Party Management Lifecycle framework/principles, systems, products/services, product research, assessment & reporting, competitive intelligence, negotiation tactics, and/or regulatory requirements.
- Knowledge: Advanced knowledge of current and emerging competitor and market trends, Risk Management environment, standards, and regulations, budgetary management principles/practices/procedures, and ability to negotiate, influence, collaborate, and effectively communicate to build relationships.
What We Offer:
- Competitive Salary: $120,000 - $150,000 per annum, depending on experience.
- Benefits Package: Comprehensive benefits package, including medical insurance, retirement plan, and paid time off.
- Growth Opportunities: Opportunities for professional growth and development within the company.