Welcome to U.S. Bank Corp, where we believe in building strong relationships with our vendors to provide the best services to our customers. As the Vendor Manager, you will play a vital role in developing and maintaining partnerships with our vendors to ensure high-quality products and services. You will be responsible for managing vendor contracts, performance, and compliance to help us achieve our business goals. We are looking for a detail-oriented and results-driven individual with a strong understanding of vendor management and excellent communication skills. If you are passionate about creating mutually beneficial partnerships and driving success, we would love to have you on our team!
- Develop and maintain strong relationships with vendors to ensure the delivery of high-quality products and services to our customers.
- Collaborate with cross-functional teams to identify and select vendors that align with our business goals and objectives.
- Negotiate and manage vendor contracts, ensuring all terms and conditions are met and any necessary revisions are made.
- Monitor and evaluate vendor performance to ensure compliance with agreed-upon service levels and standards.
- Proactively identify and address any issues or concerns with vendors to maintain a positive working relationship.
- Conduct regular vendor performance reviews and communicate feedback to vendors, providing recommendations for improvement.
- Maintain accurate and up-to-date records of vendor contracts, agreements, and performance metrics.
- Identify potential cost savings opportunities through vendor management and contract negotiations.
- Stay informed about industry trends and best practices in vendor management to continuously improve processes and procedures.
- Ensure vendor compliance with all regulatory requirements and internal policies.
- Communicate any changes or updates to vendor management policies and procedures to relevant stakeholders.
- Act as the main point of contact for vendor-related inquiries and issues, and provide timely and effective resolutions.
- Collaborate with internal teams to ensure that all vendor-related processes and procedures are consistent and aligned with company goals.
- Provide regular updates and reports on vendor performance and compliance to senior management.
- Foster a culture of open communication and collaboration with vendors to promote mutually beneficial partnerships.
Bachelor's Degree In Business Administration, Finance, Or A Related Field.
Minimum Of 3-5 Years Experience In Vendor Management Or Procurement In The Financial Services Industry.
Strong Understanding Of Vendor Management Best Practices And Regulatory Requirements.
Excellent Negotiation And Contract Management Skills.
Ability To Collaborate And Build Relationships With Internal Stakeholders And External Vendors.
Strategic Planning
Contract Management
Project Management
Data Analysis
Communication
Negotiation
Budget management
Compliance
Risk assessment
performance tracking
Relationship-Building
Vendor Selection
Communication
Conflict Resolution
Leadership
Time management
creativity
Teamwork
Adaptability
Problem-Solving
Empathy
Decision-making
According to JobzMall, the average salary range for a Vendor Manager in Milwaukee, WI, USA is between $55,000 and $90,000 per year. This may vary depending on the specific company, industry, and level of experience of the individual. Additionally, bonuses, benefits, and other compensation may also be included in the overall salary package.
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U.S. Bancorp is an American bank holding company based in Minneapolis, Minnesota, and incorporated in Delaware. It is the parent company of U.S. Bank National Association, which is the 7th largest bank in the United States.

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