Strategic Vendor Management - Co-op

Sun Life Financial; Wellesley (MA); On-site; USD 28,000 - 34,000; Full time

Benefits offered by this job

401(k) plan with employer-paid match

Flexible work environment

Job summary

SLC Management, a growing global asset management firm and Sun Life subsidiary, offers a co-op in the Strategic Vendor Management team in Wellesley, MA. You will assist in developing relationships with strategic vendors, interface with investment and operations teams, and gain exposure to vendor management and investment operations.

We look for students in business, finance, economics, or accounting who are eager to learn, possess Excel/SharePoint/Salesforce familiarity, strong communication,

Qualifications

• Currently enrolled in an accredited college or university during the co-op.
• Undergraduate or graduate student in business, finance, economics, or accounting.
• Eligible to legally work in the United States and able to work full-time (40 hours/week) during co-op.

Responsibilities

• Assist SVM team in developing and maintaining collaborative relationships with strategic vendors and key investment and operations teams.
• Interface with investment management and various corporate and project teams globally to drive positive outcomes.
• Collaboratively build out and maintain SVM’s Salesforce system.
• Identify, develop, and implement new process improvements for key SVM functions, including reporting, SharePoint, contract renewals, and user outreach programs.
• Support process improvement efforts across SVM and the broader SLC Management teams to achieve key goals, primarily related to cost savings and overall vendor management.
• Develop performance scorecards, vendor tracking reports, and relationship summary overviews for key strategic providers.
• Assist in evaluation of vendor systems and participate in industry events/research, when applicable.
• Accountable for centralizing, documenting, and maintaining strategic provider artefacts and market intelligence.

Skills

Interest in investments

Excel

SharePoint

Salesforce

Data analysis

Communication skills

Organizational skills

Education

Undergraduate or graduate student in business/finance/economics/accounting

Tools

Excel

SharePoint

Salesforce

Job description

SLC Management is a growing global asset management firm providing innovative and diversified investment solutions to institutional investors. We are breaking new ground with a full spectrum of solutions for a growing institutional client base of more than 1400 organizations. Our history of organic and strategic growth reflects this commitment with over CA$387/US$286 billion in assets under management (AUM). As a subsidiary of Sun Life, we are aligned with one of the world’s leading financial services companies, and benefit from the stability and strength of that relationship. Our intern and new graduate programs offer a chance to explore careers within SLC Management. We are a performance-driven organization with a deliberate focus on fostering a development-focused, inclusive culture revolving around our Core Values of being client obsessed, valuing each other, acting with speed and having an owner’s mindset. As part of our team, you play a role in fulfilling our purpose and making a difference. We offer a rewarding work environment that is filled with opportunity for growth where you will be empowered to meet the challenges of a highly competitive landscape. Visit our website to learn more and for the most up to date AUM information. SLC Management offers a mix of in-office and virtual work where our employees are empowered to do their best. Generally, employees are expected to work three or more days in-office each week with flexibility depending on their business, client and team needs.

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.

What’s it like to work at Sun Life?

You’ll find it dynamic and highly professional; collaborative and supportive. We encourage career mobility. Sun Life is also a socially responsible employer, supporting the communities in which we live and work, with a globally recognized commitment to the environment and sustainability. This co-op will be hybrid, and students must be located near our U.S. office – Wellesley, MA

The Role

The Strategic Vendor Management (SVM) team manages SLC Management’s key strategic vendor partnerships across the investment and operations teams. Strategic providers include Bloomberg, S&P, Moody’s, ICE, and others. We are seeking a dedicated and proactive individual to join our SVM team. The successful candidate will assist in developing and maintaining collaborative relationships with strategic vendors and key investment and operations teams. This internship will provide an opportunity to develop financial and analytical skills and gain exposure to Vendor Management and Investment Operations. While the job role primarily supports the SVM team, you will have the opportunity to interface and learn from financial professionals in other areas across SLC.

Responsibilities will include, but are not limited to:

• Assist SVM team in developing and maintaining collaborative relationships with strategic vendors and key investment and operations teams.
• Interfacing with investment management and various corporate and project teams globally to drive positive outcomes.
• Collaboratively build out and maintain SVM’s Salesforce system.
• Identify, develop, and implement new process improvements for key SVM functions, including reporting, SharePoint, contract renewals, and user outreach programs.
• Support process improvement efforts across SVM and the broader SLC Management teams to achieve key goals, primarily related to cost savings and overall vendor management.
• Develop performance scorecards, vendor tracking reports, and relationship summary overviews for key strategic providers.
• Assist in evaluation of vendor systems and participate in industry events/research, when applicable.
• Accountable for centralizing, documenting, and maintaining strategic provider artefacts and market intelligence.
• Understand and document business processes and support other functions as needs and priorities shift.
• Other duties as assigned

Core skill sets needed for this role:

• A strong interest in investments, finance, and the trading/market data systems used.
• Familiarity with Microsoft Excel, SharePoint, Salesforce, and data analysis tools.
• Strong interpersonal and communication skills.
• Positive attitude and ability to collaborate and work effectively with various teams and stakeholders.
• Strong organizational skills and attention to detail.
• Demonstrate ownership for outcomes, incorporates lessons and learning into future actions.

The Candidate

To be eligible for a co-op at Sun Life, you must meet the following requirements:

Currently enrolled in an accredited college or university during the time of the co‑op

Must be an undergraduate or graduate student in business, finance, economics, or accounting.

Eligible to legally work in the United States

Ability to work full‑time (40 hours/week) during co‑op session

Why SLC Management?

• Excellent benefits and wellness programs to support the three pillars of your well‑being – mental, physical and financial – including generous vacation and sick time, market‑leading paid family, parental and adoption leave, a partially‑paid sabbatical program, medical plans, company paid life and AD&D insurance as well as disability programs and more
• Retirement and Stock Purchase programs to help build and enhance your future financial security including a 401(k) plan with an employer‑paid match as well as an employer‑funded retirement account
• A flexible work environment with a friendly, caring, collaborative and inclusive culture focused on career growth development
• #WeWinAsATeam
• The opportunity to move along a variety of career paths with amazing networking potential

Award winning workplace culture - Great Place to Work® Certified in Canada and the U.S., “Best Places to Work in Money Management” by Pension & Investments, “Top 10” employer by the Boston Globe's “Top Places to Work” two years running

SLC Management is a regulated business, and this means that there are certain financial reporting and trading preclearance requirements for all employees. Successful candidates will be required to declare personal investment accounts and securities investments as well as seek preclearance on future transactions including those of household members.

We are committed to pay transparency and equity. The base salary range for this role is competitive and we strive to ensure that compensation is fair and equitable. Your actual base salary will be determined by your unique skills, qualifications, experience, education, and geographic location. In addition to base salary, this position is eligible for a discretionary annual incentive award based on individual and overall business performance along with a broad range of competitive benefits.

We are committed to fostering an inclusive environment where all employees feel they belong, are supported and empowered to thrive.

We are dedicated to building teams with varied experiences, backgrounds perspectives and ideas that benefit our colleagues, clients, and the communities where we operate.

We encourage applications from qualified individuals from all backgrounds.

We will make reasonable accommodations to known physical or mental limitations.

Persons with disabilities who need accommodation in the application process or those needing job postings in an alternative format may e-mail a request to [e-mail].

We do not require or administer lie detector tests as a condition of employment or continued employment.

For applicants residing in California, please read our employee California Privacy Policy and Notice.

We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted.

Shine together At Sun Life, you can be your most brilliant self. Our supportive, flexible, and inclusive work environment is one where you – and your career – can thrive. Whatever your aspirations, collaborative leaders and colleagues are ready to help you learn, grow, and succeed. Make life brighter We’re a global company with a passion for people. Our purpose is to help Clients achieve lifetime financial security and live healthier lives. As a team of 30,000 across 26 countries, our impact is far‑reaching, and locally relevant There’s power in numbers. As part of Sun Life’s growing team, you have an impact on people in your community and around the world.

Join us. Together, we can make the future brighter. Join a top employer for a brighter future. Visit Sun Life Careers