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Specialist, Enterprise Vendor Management

Fairstone

Toronto

On-site

CAD 80,000 - 100,000

Full time

30+ days ago

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Job summary

An established industry player is seeking a Specialist in Enterprise Vendor Management to oversee contract creation and vendor negotiations. This role involves advising internal customers on contract management, maintaining key performance reports, and ensuring compliance with regulations. The ideal candidate will have a strong background in contract management, excellent communication skills, and the ability to build positive relationships with vendors. Join a dynamic team that values diversity and is recognized as one of Montreal's Top Employers for 2025, where your contributions will make a significant impact.

Qualifications

  • 7+ years of relevant experience in contract management, preferably in banking.
  • Strong communication skills and ability to manage multiple tasks.

Responsibilities

  • Review and assess vendor contracts, ensuring compliance and effectiveness.
  • Negotiate and execute contracts while maintaining vendor relationships.

Skills

Verbal Communication
Written Communication
Time Management
Attention to Detail
Relationship Building

Education

Bachelor degree in Business
Degree in Procurement or Logistics

Tools

MS Office

Job description

The Specialist, Enterprise Vendor Management is responsible for the creation of contracts by preparing, analyzing, and negotiating with vendors. They will provide internal customers with advisory assistance in contract management. In addition, the incumbent will create and maintain various reports (key performance indicators, dashboards, etc.).

RESPONSIBILITIES

  • Vendor B10 contract review and assessment.
  • Vendor onboarding and due diligence activities.
  • Review and recommend changes to contracts ranging in size and complexity.
  • Create, analyze, negotiate, and execute an array of contracts for various transactions.
  • Build and maintain relationships with vendors, clients, and other business connections.
  • Maintain contract-related documents and correspondence.
  • Present contract information to relevant parties, such as stakeholders, including the Executive team.
  • Troubleshoot contract-related problems, such as breach of contract.
  • Keep track of contracts and extend, renew, or close them out.
  • Stay informed about changes to relevant rules and regulations.
  • Manage the negotiations of contract documents including specifications, general and special conditions and exhibits with support from legal, Information Technology, Information Security, and any other department, as necessary, and ensure that agreements are signed in a timely manner.
  • Maintain contract management master data.
  • Other related duties as needed.

PROFESSIONAL REQUIREMENTS

  • Bachelor degree in Business or Procurement or Logistics (DEP) or equivalent.
  • Seven (7) years of relevant experience (banking industry experience).
  • Excellent written and verbal communication skills.
  • Ability to handle considerable volume under tight deadlines.
  • Effective time management skills and ability to multi-task.
  • Attention to details.
  • Ability to develop positive relationships with peers and vendors.
  • Familiarity with IT products and services (an asset).
  • Excellent knowledge of computer software such as MS Office.

This role is now vacant.

WE ARE PROUD TO BE: Montreal's Top Employers 2025 by Canada’s Top 100 Employers!

If you have a preferred language for communication, please kindly inform us whether you prefer French or English on your application.

Fairstone is an equal opportunity employer. Accordingly, we will make reasonable accommodations to respond to the needs of people with disabilities. Individuals who view themselves as Aboriginals, members of visible minorities, and disabled are encouraged to apply in confidence.

Time Type: Full time Job Type: Permanent

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