Senior Vendor Management Specialist - Risk, Diversity & Compliance

OpenText; Waterloo; On-site; CAD 45,000 - 53,000; Full time

Job summary

A leading company in information management is seeking a Senior Vendor Management Specialist focused on Risk, Diversity, and Compliance. This role involves enhancing supplier governance, monitoring risk indicators, and ensuring compliance with regulations. The ideal candidate will have extensive experience in vendor management and a strong educational background.

Qualifications

• 5+ years of experience in vendor management or procurement.
• Strong understanding of third-party risk management frameworks.
• Proficiency in data analysis and reporting tools.

Responsibilities

• Develop and enhance programs for third-party risk management.
• Ensure compliance with supply chain regulations.
• Monitor supplier risk indicators.

Skills

Vendor Management

Risk Management

Compliance

Data Analysis

Negotiation

Stakeholder Management

Education

Bachelor’s degree in Supply Chain Management

Bachelor’s degree in Business Administration

Job description

Senior Vendor Management Specialist - Risk, Diversity & Compliance

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Opentext - The Information Company

OpenText is a global leader in information management, where innovation, creativity, and collaboration are the key components of our corporate culture. As a member of our team, you will have the opportunity to partner with the most highly regarded companies in the world, tackle complex issues, and contribute to projects that shape the future of digital transformation.

At OpenText, AI is at the heart of everything we do—powering innovation, transforming work, and empowering digital knowledge workers. We're hiring talent that AI can't replace to help us shape the future of information management. Join us.

Opentext - The Information Company

OpenText is a global leader in information management, where innovation, creativity, and collaboration are the key components of our corporate culture. As a member of our team, you will have the opportunity to partner with the most highly regarded companies in the world, tackle complex issues, and contribute to projects that shape the future of digital transformation.

At OpenText, AI is at the heart of everything we do—powering innovation, transforming work, and empowering digital knowledge workers. We're hiring talent that AI can't replace to help us shape the future of information management. Join us.

YOUR IMPACT

OpenText’s global Source to Procure (S2P) team is seeking a proactive and detail-oriented Sr. Vendor Management Specialist – Risk, Diversity & Compliance to strengthen our supplier governance framework. In this role, you will be instrumental in advancing our supplier risk management practices and ensuring compliance with evolving supplier diversity and regulatory requirements. You will work cross-functionally with internal stakeholders, suppliers, and customers, contributing to OpenText’s commitment to responsible procurement while building your expertise in third-party risk, compliance, and diversity initiatives.

What The Role Offers

• Develop, implement and enhance programs, standards, and tools to monitor, measure, analyze, and report on third party risk.
• Lead and continuously improve the global supplier risk management framework, ensuring alignment with regulatory standards and internal policies.
• Monitor supplier risk indicators, including financial health, geopolitical exposure, and operational vulnerabilities.
• Assist internal teams with mitigating controls in their business units, as well as monitoring their action plans to address mitigation.
• Identify trends in key risk indicators and monitor action plans to address.
• Enhance processes for the review of supplier risk incidents, root cause identification, control and documentation.
• Support the implementation, adoption, and compliance to company-wide supplier risk policies and processes.
• Continue to research, recommend, and implement best practices in third party risk management

Supplier Diversity & Inclusion

• Manage and enhance global supplier diversity programs, ensuring accurate data collection and reporting.
• Report diversity spend to select customers and provide insights to leadership.
• Promote inclusive sourcing practices and engage with diverse supplier networks.

Compliance & Regulatory Oversight

• Ensure compliance with applicable supply chain regulations, standards, and corporate policies.
• Stay informed of legal and regulatory developments impacting procurement and third-party risk.
• Support regulatory reporting and audits related to procurement and vendor management.
• Build and maintain strategic relationships with key suppliers to ensure performance, transparency, and alignment with OpenText’s values.
• Facilitate communication between suppliers and internal stakeholders to resolve risk-related issues and drive continuous improvement.

Data & Reporting

• Maintain accurate supplier records and risk documentation.
• Prepare and present reports on supplier risk, diversity metrics, and compliance status to senior leadership.
• Leverage data analytics to identify trends, inform decision-making, and drive strategic initiatives.

Required

WHAT YOU NEED TO SUCCEED

• Bachelor’s degree in Supply Chain Management, Business Administration, or a related field.
• 5+ years of experience in vendor management, procurement, or supply chain risk management.
• Strong understanding of third-party risk management frameworks and regulatory compliance.
• Proven ability to develop and implement supplier risk mitigation strategies.
• Experience working with diverse supplier networks and promoting inclusive sourcing.
• Excellent communication, and negotiation skills including excellent stakeholder relationship management and influencing skills with the ability to effectively and constructively challenges stakeholders to drive appropriate risk management outcomes.
• Proficiency in data analysis and reporting tools.
• Strong organizational and analytical problem solving skills.
• Familiarity with procurement platforms and supplier management systems.

Preferred

• Specialized training or certification in Third-Party Risk Management, Compliance, or Procurement (e.g., CTPRP, CRM, CPP).
• Experience in a global or highly regulated environment.
• Knowledge of industry-specific supply chain regulations and ESG standards.

OpenText's efforts to build an inclusive work environment go beyond simply complying with applicable laws. Our Employment Equity and Diversity Policy provides direction on maintaining a working environment that is inclusive of everyone, regardless of culture, national origin, race, color, gender, gender identification, sexual orientation, family status, age, veteran status, disability, religion, or other basis protected by applicable laws.

If you need assistance and / or a reasonable accommodation due to a disability during the application or recruiting process, please contact us at [emailprotected] . Our proactive approach fosters collaboration, innovation, and personal growth, enriching OpenText's vibrant workplace.

Seniority level

Seniority level

Mid-Senior level

Employment type

Employment type

Full-time

Job function

Job function

Management and Manufacturing

Software Development

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Senior Vendor Management Specialist - Risk, Diversity & Compliance • Waterloo, Region of Waterloo, Canada