VP, Vendor Management at Freedom Mortgage – Moorestown, New Jersey

Freedom Mortgage
Moorestown, New Jersey, United States of America
Risk Management
Full time
Hybrid

Summary:

The Vice President, Vendor Management will provide leadership and guidance in support of vendor management related activities across the company and its affiliates. Will directly oversee the work of the entire Vendor Management team. Vendor Management responsibilities include, but are not limited to contract management, monitoring vendor performance, ensuring vendor compliance with regulatory entities, statutory requirements, investor and insurance guidelines, and vendor adherence to contractual terms. Will be expected to manage the personnel reporting to them and push their personnel for continuous development in support of the business areas they manage. Will be expected to assist in departmental process improvements and initiatives for the enhancement of Vendor Management overall. The VP will meet regularly with the vendor management team as well as business partners to help identify opportunities, make recommendations and help execute changes for increased efficiencies with vendor spend.

Essential Job Duties and Responsibilities:

• Overall program design and improvement ensuring compliance with regulatory requirements and mitigation of risk.

• Consolidation of vendor management related process across affiliated companies to drive efficiency and best practices.

• Strategic and analytical support for the business channels.

• Review and oversight of vendor agreements, vendor due diligence, and vendor-related issues for the vendors.

• Implement process improvements and assist in vendor strategy across the organization.

• Production of vendor-related reporting to senior and/or executive management.

• Work closely with business leaders to align a strategic vendor network.

• Responds to audits and interviews from regulators, as needed.

• Ensure appropriate technical considerations are addressed in contracts, SLA’s and acceptance criteria are captured. Lead in the development of standards alongside Legal and IT and assist the department in the implementation of the standards and the consistent maintenance.

• Present to executive leadership team, as needed.

• Lead vendor management teams at company and its affiliates.

• Comply with all company policies and procedures.

• Maintain regular and punctual attendance.

Other Job Duties and Responsibilities:

Performs other related duties as assigned.

Supervisory Responsibilities:

This position has direct reports. Manages staff and carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.

Qualifications:

To perform this job successfully, an individual must be able to perform each essential function satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

• Exceptional attention to detail, communication and presentation skills required

Education and/or Experience:

• Bachelors Degree from a Four (4) year College or University

• 15+ years related experience, with vendor management

Certificates, Licenses, Registrations:

None Required

Work Complexity:

Problems and issues faced are frequently complex and multi-dimensional, requiring broad-based consideration of variables that impact areas outside of immediate responsibility. Extensively analyzes problems to seek understanding of the underlying issue and root cause of the problem.

Work Environment:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Work is normally performed in a typical interior office work environment which does not subject the employee to any hazardous or unpleasant elements. The noise level in the work environment is usually moderate.

Physical Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is frequently required to sit and talk or hear. The employee is occasionally required to stand; walk; use hands to finger, handle, or feel; and reach with hands and arms. The employee must occasionally lift and/or move up to 25 pounds.

Equal Employment Opportunity:

The company is committed to providing equal employment opportunities to all employees and applicants without regard to race, ethnicity, color, sex, marital status, sexual orientation, gender identity or expression, pregnancy, religion, national origin, age (40 and over), disability, military status, genetic information, or any other basis protected by applicable federal, state, or local laws.

Americans with Disabilities Act:

Applicants as well as employees who are or become disabled must be able to satisfactorily perform the essential job functions of the position either with or without reasonable accommodation. Applicants as well as employees are encouraged to meet with Human Resources as the organization shall review reasonable accommodations on a case-by-case basis in accordance with applicable law.

Job Responsibilities:

The statements reflect the general duties and responsibilities considered necessary to perform the essential functions of the job and should not be considered as an all-inclusive list of all the work requirements of the position. The company may change the specific job duties with or without prior notice based on the needs of the organization.