Overview

This is a remote role that may only be hired in the following location(s):AL, AR, CT, DE, IA, ID, IN, KS, KY, LA, ME, MS, MT, NC, NE, NM, NV, OH, OK, OR, PA, RI, SC, SD, UT, VA, VT, WV

This position sources, procures, and provides business support for cost-effective products and services from vendors for the Bank's internal clients. Delivers outstanding client service while fostering collaborative relationships. Provides innovative, timely, and accurate solutions aligned to the Bank's risk appetite. Conducts sourcing events (RFx) for products and services to meet the requirements of Bank business initiatives. Structures and negotiates terms and pricing for various services, software, hardware, staffing, consulting and outsourcing agreements required to support business needs and deliver cost savings Works collaboratively with the Third Party Risk Management (TPRM) team to ensure contract terms align with risk management standards and regulatory expectations.

• Business Support - Develops a strong understanding of existing vendor contracts and services in support of each assigned business owner, establishing the role of trusted advisor.
• Vendor Sourcing - Oversees sourcing events (RFx) conducted in support of business initiatives in order to contract for new products and services.
• Contract Structuring and Negotiation - Structures and negotiates vendor contracts to align with Third Party Risk Management (TPRM) standards and regulatory expectations.
• Relationships - Collaborates with TPRM on new products and services to address inherent risk in contract structuring and negotiation.
• Price Negotiations - Delivers cost savings, price reductions, and cost avoidance opportunities for new and renewed contracts.