Senior Specialist - Vendor Relationship Management

Job Description

You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world. Job Description: Global Vendor Relationship Manager The Opportunity Global Procurement & Payment (GPP) function at Sun Life is establishing a Global Vendor Relationship team as a result of continuously forming strategic relationship with key vendors and monitoring the risks related to vendors. This is to ensure the compliant to regulatory requirements on key vendors’ management and strengthen Sun Life’s strategic partnership with key vendors. This role is to manage IT categories’ key vendors across Sun Life while supporting the expansion of team’s capacity and capabilities to cover key vendors in other categories, such as Medical Operations, Business Operations, HR, etc. This role reports to Director of Transformation, Global Procurement & Payment. What you will do: Vendor Performance: Monitor, evaluate, and report on the performance of vendors against contractual KPIs and Service Level Agreements (SLAs). This also includes meeting with Vendors on new services (and joining the dots across organization) , terminations, SLA interruptions, etc. and mapping out action plans Risk & Compliance: Identify and mitigate operational risks associated with third-party providers, ensuring compliance with policies. Relationship Management: Act as a key liaison between internal teams and external vendors to foster collaborative partnerships. Alongside this role involves collaborating with GPP Category & Sourcing and taking the lead on the governance, legal, etc. pieces Contractual Oversight: Manage and track vendor contracts, ensuring accuracy in the database and compliance with agreed terms. Process Improvement: Identify opportunities to optimize vendor services, enhance efficiency, and reduce costs by leveraging including but not limited to data, stakeholder feedback and external sources. Stakeholder Management- Understand business needs and act as a liaison to ensure a strong client experience and business performance. In addition to business develop and maintain strong relationships with key stakeholders ( legal, ORO, finance, etc.). What you will need to succeed: Relevant Industry Experience: A background in IT Software, IT infrastructure, Finance/Insurance Operations is preferred. Supplier & Stakeholder Relationship Management: Exceptional interpersonal skills to build and maintain trust-based relationships with both our vendors and internal stakeholders, fostering collaboration,

Required Skills