The Senior Supplier Management Specialist serves as a subject matter expert in managing complex, enterprise-wide strategic supplier relationships and facilitates joint strategic planning, enables supplier innovation, and mitigates performance risk. This role drives maximum value and impact from the relationship, helping to enable business strategies to give clients the best chance at investment success.
The Senior Supplier Management Specialist:
- Performs strategic performance monitoring and reviews of key suppliers by interpreting and communicating contract requirements and scorecards to senior stakeholders verbally and in written executive communication.
- Negotiates multi-party performance improvements and enables innovation, collaborating with senior stakeholders and the supplier to develop remediation plans. Leverages the full enterprise relationship to identify and drive opportunities for impactful improvements.
- Resolves escalations and involves stakeholders as needed. Interfaces with other procurement teams, business leaders and legal & risk partners to develop and enable solutions to urgent, high exposure risk events.
- Facilitates strategic supplier relationship management activities for key relationships including conducting joint strategic planning and fostering supplier enabled innovation with the outcome goal of enabling business OKRs through suppliers.
- Helps create and promote supplier performance management standards at Vanguard including development and training. Collaborates to evolve technology requirements (e.g., ServiceNow, Oracle) to support supplier performance management.
- Collaborates across Vanguard to solution new ways of working to continuously improve the supplier strategic relationship management and performance management offering.
- Participates in special projects and performs other duties as assigned (e.g., opportunities to gain experience in supplier diversity and sustainability initiatives, etc.).
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- Strong executive presence, group facilitation & presentation skills. Collaborative negotiation skills & a solutioning, continuous improvement mindset.
- Demonstrated ability to successfully develop strong working relationships with senior management and key decision-making personnel in the client organization.
- Technology enhancement / product ownership experience leveraged in continuous enhancement of solutions to support business processes.
- Five years related work experience. Undergraduate degree or equivalent combination of training and experience.
Sponsorship
Vanguard is not offering visa sponsorship for this position.
About Vanguard
We are Vanguard. Together, we're changing the way the world invests.
For us, investing doesn't just end in value. It starts with values. Because when you invest with courage, when you invest with clarity, and when you invest with care, you can get so much more in return. We invest with purpose - and that's how we've become a global market leader. Here, we grow by doing the right thing for the people we serve. And so can you.
We want to make success accessible to everyone. This is our opportunity. Let's make it count.
Inclusion Statement
Vanguard's continued commitment to diversity and inclusion is firmly rooted in our culture. Every decision we make to best serve our clients, crew (internally employees are referred to as crew), and communities is guided by one simple statement: "Do the right thing."
We believe that a critical aspect of doing the right thing requires building diverse, inclusive, and highly effective teams of individuals who are as unique as the clients they serve. We empower our crew to contribute their distinct strengths to achieving Vanguard's core purpose through our values.
When all crew members feel valued and included, our ability to collaborate and innovate is amplified, and we are united in delivering on Vanguard's core purpose.
Our core purpose: To take a stand for all investors, to treat them fairly, and to give them the best chance for investment success.
How We Work
Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.