Strategic Vendor Relationship Manager
4 weeks ago
We are seeking an experienced Strategic Vendor Relationship Manager to join our team at TD International Services Ltd. in Singapore.
Job Description:- This role is responsible for managing Third Party Business Arrangements through all stages of the Third Party Management Lifecycle (TPML), aligning with relevant frameworks, policies and standards.
- The successful candidate will have substantial knowledge and expertise in Vendor Management, Business Arrangements, and Third-Party Management Lifecycle framework/principles.
- Manage Third Party Business Arrangements through all stages of TPML, ensuring alignment with relevant frameworks, policies, and standards.
- Initiate intake via a Sourcing Request and follow the Third-Party Risk Assessment process.
- Set up and onboard Third Parties post-contract execution, including implementation of governance structure and interaction models between key stakeholders.
- Understand financial terms of Business Arrangements and monitor Third Party's financial health to mitigate risk related to costs and services.
- Collaborate with internal stakeholders to support business needs by delivering transition or termination of Third Party.
- Maintain strong relationships with internal stakeholders.
- Ensure integrity in dealing with Third Parties, complying with Expense Policy, Enterprise Procurement Policy, Vendor Management Policy, and Code of Conduct and Ethics.
- Undergraduate degree with minimum 7+ years of related experience.
- Advanced knowledge of 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 of current and emerging competitor and market trends.
- Knowledge of Risk Management environment, standards, and regulations.
- Knowledge of budgetary management principles/practices/procedures.
In this role, you can expect a competitive salary range of SGD $120,000 - SGD $180,000 per annum, commensurate with experience.
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