Broadgate are excited to be partnering with a Regional Bank with a footprint across the US for the appointment of a VP Strategy Execution Lead Vendor Management Office
Job Responsibilities
• Strategy Implementation: Lead the execution of the vendor management strategy, ensuring alignment with organizational goals and compliance with regulatory requirements.
• Tool Selection and Management: Research, evaluate, and select tools across the vendor management space that best meet business needs; oversee the implementation and integration of these tools into existing processes.
• Roadmap Development: Contribute to an actionable roadmap for the VMO that outlines key milestones, deliverables, and performance indicators to measure success.
• Project Leadership: Manage technology implementation projects through all phases, including requirements gathering, testing, training, and deployment, ensuring timely and successful delivery. • Team Leadership: Mentor and manage a team within the VMO, promoting a culture of excellence, accountability, and continuous improvement.
• Business Case Development: Create and present comprehensive business cases for new initiatives, demonstrating value to stakeholders and securing necessary approvals.
• Change Management: Develop and implement change management strategies to facilitate smooth transitions for new processes, tools, and practices across the organization.
• Risk Assessment: Oversee the evaluation of third-party vendors, ensuring thorough risk assessments are conducted and mitigation strategies are implemented.
• Stakeholder Engagement: Collaborate effectively with cross-functional teams and senior management to ensure stakeholder buy-in and alignment with vendor management practices.
Qualifications:
• Bachelor’s degree in Business, Finance, Risk Management, or a related field; MBA or advanced degree preferred.
• 10+ years of experience in vendor management and/or third-party risk management, with a strong background in the financial services sector.
• Extensive experience managing and executing technology implementations, including requirements gathering, testing, training, and deployment.
• 7+ years of management experience, with a track record of developing and managing high-performing teams.
• Knowledge of relevant regulatory requirements and best practices related to vendor and third-party risk management.
• Industry certifications in cybersecurity and third-party risk management (e.g., CRISC, CISM, CISA, or similar).
• Strong analytical and problem-solving skills, with the ability to build compelling business cases
