Vice President - Vendor Program Management
Are you a seasoned leader with a passion for driving successful vendor partnerships? Are you looking for an exciting new opportunity to shape and enhance a global organization's vendor program? Look no further! Morgan Stanley is seeking a dynamic and experienced Vice President of Vendor Program Management to join our team. In this role, you will have the opportunity to lead a team of program managers and work closely with cross-functional stakeholders to drive strategic initiatives and ensure a robust, efficient, and compliant vendor program. If you have a proven track record of building and managing high-performing vendor programs, along with excellent communication and stakeholder management skills, we want to hear from you. Join us and make a significant impact on the success of our organization.
- Develop and implement a comprehensive vendor program strategy that aligns with the organization's goals and objectives.
- Lead a team of program managers and provide guidance, mentorship, and support to drive their success.
- Collaborate with cross-functional stakeholders, including procurement, legal, and finance, to ensure the vendor program meets the needs of the organization.
- Establish and maintain strong relationships with key vendors and effectively manage vendor performance and contracts.
- Continuously monitor industry trends and best practices to identify opportunities for program enhancements and cost savings.
- Develop and maintain a robust governance framework to ensure compliance with regulatory requirements and internal policies.
- Drive process improvements and automation to increase efficiency and streamline vendor management processes.
- Communicate regularly with senior leadership to provide updates and insights on the performance and impact of the vendor program.
- Act as a subject matter expert on vendor management and provide training and guidance to internal stakeholders.
- Foster a culture of collaboration, accountability, and continuous improvement within the vendor program team.
Extensive Experience In Vendor Management: The Ideal Candidate Should Have At Least 10 Years Of Experience In Vendor Management, Preferably In The Financial Services Industry. This Includes Managing Vendor Relationships, Negotiating Contracts, And Monitoring Vendor Performance.
Strong Leadership Skills: As A Vice President, The Candidate Will Be Responsible For Leading A Team Of Vendor Program Managers And Other Staff. Therefore, Strong Leadership Skills Are Essential, Including The Ability To Motivate And Effectively Manage A Team.
Strategic Thinking And Problem-Solving Skills: The Candidate Should Have A Track Record Of Developing And Implementing Strategic Vendor Management Plans That Align With The Overall Business Objectives Of The Company. They Should Also Have Strong Problem-Solving Skills To Effectively Address Any Issues That May Arise With Vendors.
Excellent Communication And Interpersonal Skills: The Candidate Should Possess Excellent Communication Skills, Both Written And Verbal, As Well As Strong Interpersonal Skills. They Will Be Required To Interact With A Wide Range Of Stakeholders, Including Internal Teams, Vendors, And Senior Management.
In-Depth Knowledge Of Regulatory And Compliance Requirements: As A Financial Services Company, Morgan Stanley Is Subject To Various Regulatory And Compliance Requirements. The Ideal Candidate Should Have A Thorough Understanding Of These Requirements And Ensure That All Vendor Management Activities Are In Compliance With Them.
Process Improvement
Strategic Planning
Vendor Management
Budget management
Contract Negotiations
Relationship Building
Team Leadership
Risk assessment
Program development
Performance evaluation
Project
Procurement Expertise
Communication
Conflict Resolution
Emotional Intelligence
Leadership
Time management
creativity
Teamwork
Active Listening
Adaptability
Problem-Solving
According to JobzMall, the average salary range for a Vice President - Vendor Program Management in New York, NY, USA is between $200,000 and $300,000 per year. This figure can vary depending on factors such as the size and industry of the company, the VP's level of experience, and their specific responsibilities within the vendor program management role. Some VPs may also receive additional compensation such as bonuses, stock options, and benefits.
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Morgan Stanley provides investment banking products and services to its clients and customers including corporations, governments, financial institutions, and individuals. It operates through the following business segments: Institutional Securities, Wealth Management, and Investment Management. The Institutional Services segment provides financial advisory, capital-raising services, and related financing services on behalf of institutional investors.
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