Associate Principal, Vendor Management

Associate Principal, Vendor Management

This position is not eligible for visa sponsorship.

What You'll Do :

Associate Principal, Vendor Management role is accountable supporting the Vendor Management Office and is overall accountable for performing vendor management (VM) of vendors in their respective portfolio, including all facets of VM including relationship, risk, performance, contract, and financial management, in accordance with the defined VMO vendor strategy. The Associate Principal, Vendor Management is principally responsible for vendor relationship management, contract and performance governance, financial governance, and administering the organization's vendor risk management program for vendors within their portfolio and tracking deliverables and obligations for assigned vendors and driving results.

Primary Duties and Responsibilities :

To perform this job successfully, an individual must be able to perform each primary duty satisfactorily.

• Perform and oversee the execution of all vendor management activities.
• Ensure vendor partners meet or exceed their defined service agreements, obligations, and other key performance indicators and relationship objectives such that The OCC maximizes the value of its vendor contracts.
• Develop and maintain, in collaboration with VMO shared services team, positive operational relationships with vendor through consistent VM, regular interaction, and communication to provide for monitoring of The OCC and vendor deliverables and obligations. Leads governance meetings with Vendors in their respective portfolio.
• Ensure vendor partner service offerings continue to meet evolving business needs and priorities.
• Collaborate with all levels within The OCC to help navigate the vendor management life cycle. Supports, facilitates, or conducts RFP's. Participates in assigned projects for the VMO team.
• Oversees management of vendor relationship and risk management processes for vendors in their portfolio to drive delivery of high-quality vendor management (VM) services outcomes.
• Collaborates with other VMO team members to promote continual improvement of VM policies, standards and procedures, and providing advice and sharing knowledge and best practices with respect to the vendor relationship, risk, compliance, financial, and performance management functions.
• Support, analyze, and assist in software, internal, and financial audit requests related to vendor and contract management.
• Support, analyze, and assist in the preparation and review of the organization's annual operating budget and strategic planning process.
• Create effective relationships with key vendors and contract stakeholders, and leaders to provide for monitoring of The OCC and vendor deliverables and obligations.
• Ensure vendor service offerings continue to meet evolving business needs and priorities. Ensure a tracker is maintained for any issues and dependencies.
• Develop and maintain positive strategic and operational relationships with vendors are established and maintained through consistent VM, regular interaction and communication.
• Initiate CSAT surveys for a population of vendors, share and maintain results.
• Ensure vendor partners meet or exceed their defined service agreements, obligations, and other key performance indicators and relationship objectives such that The OCC maximizes the value of its vendor contracts.

Supervisory Responsibilities :

None

Qualifications :

The requirements listed are representative of the knowledge, skill, and / or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the primary functions.

Technical Skills :

Education and / or Experience :

Certificates or Licenses :

About Us :

The Options Clearing Corporation (OCC) is the world's largest equity derivatives clearing organization. Founded in 1973, OCC is dedicated to promoting stability and market integrity by delivering clearing and settlement services for options, futures and securities lending transactions. As a Systemically Important Financial Market Utility (SIFMU), OCC operates under the jurisdiction of the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the Board of Governors of the Federal Reserve System. OCC has more than 100 clearing members and provides central counterparty (CCP) clearing and settlement services to 19 exchanges and trading platforms. More information about OCC is available at www.theocc.com.

Benefits :

Salary Range :

$98,000.00 - $127,500.00

Incentive Range : 8% to 15%

This position is eligible for an annual discretionary incentive compensation award, for which the target range is listed above (see Incentive Range). The amount of such award, if any, will be based on various factors, including without limitation, both individual and company performance.

Step 1 When you find a position you're interested in, click the 'Apply' button. Please complete the application and attach your resume.

Step 2 You will receive an email notification to confirm that we've received your application.

Step 3 If you are called in for an interview, a representative from OCC will contact you to set up a date, time, and location.

OCC is an Equal Opportunity Employer