Vendor Management Service Lead

Market Data Management Solutions; New York (NY); Hybrid; USD 75,000 - 120,000; Full time

Benefits offered by this job

Medical, dental, vision insurance

401(k) with company match

Vacation and sick days

401(k) with company match

Vacation and sick days

Job summary

A consulting firm is seeking a Vendor Management Service Lead to oversee vendor management services with responsibilities including project leadership, supervising analysts, and ensuring high standards in vendor onboarding and performance oversight. The ideal candidate has a Bachelor’s degree and 4+ years’ experience in vendor management, alongside strong organizational and negotiation skills. This is a full-time remote position based in the US with a competitive salary range and benefits package.

Qualifications

• 4+ years of vendor management, procurement, or contract management experience.
• Demonstrated experience leading projects or small teams.
• Highly organized with the ability to manage multiple client demands.

Responsibilities

• Lead and coordinate vendor management projects across different clients.
• Supervise and mentor analysts supporting vendor management activities.
• Serve as the primary escalation point for vendor issues.

Skills

Vendor management

Project leadership

Negotiation

Communication

Organization

Organizational skills

Education

Bachelor’s degree in Business, Finance, Procurement, or related field

Tools

Advanced Excel

Vendor management systems

Job description

We are seeking a Vendor Management Service Lead to oversee the delivery of vendor management services across multiple clients. This role sits at the intersection of project leadership and service ownership, ensuring high standards in vendor onboarding, contract lifecycle management, invoice reconciliation, and performance oversight. You’ll supervise analysts, lead key initiatives, and act as an escalation point to ensure clients receive exceptional service.

Key Responsibilities:

• Lead and coordinate vendor management projects across different clients.
• Supervise and mentor analysts supporting vendor management activities.
• Oversee vendor onboarding, contract renewals, and cost reconciliations.
• Serve as the primary escalation point for vendor issues, disputes, or process breakdowns.
• Partner with Relationship Managers to ensure services align with client needs and expectations.
• Establish best practices, documentation, and standardized processes for vendor management.
• Contribute to vendor negotiations and strategic vendor relationship initiatives.

Qualifications:

• Bachelor’s degree in Business, Finance, Procurement, or related field.
• 4+ years of vendor management, procurement, or contract management experience.
• Demonstrated experience leading projects or small teams.
• Strong communication and negotiation skills.
• Highly organized with the ability to manage multiple client demands at once.
• Advanced Excel; familiarity with vendor management or procurement systems a plus.

This role is ideal for someone who thrives in a consulting environment and enjoys leading vendor initiatives across industries. You’ll have the chance to shape how vendor management is delivered, mentor analysts, and build scalable practices that impact multiple clients.

Other Duties:

Duties, responsibilities and activities may change at any time based on business needs.

This position operates in a professional home office environment. This role routinely involves standard office equipment such as computers and phones.

Compensation:

This is a mid-level role with a good faith salary compensation between $75,000.00 – $120,000.00 annually. Actual compensation is guided by various factors including but not limited to skill set, level of experience, and specific location. In addition, we offer a competitive benefits package including medical, dental, vision, 401(k) with a company match along with vacation and sick days.

Type of Position and Expected Hours of Work:

This is a full-time position with normal Monday through Friday business hours. Occasional evening and weekend work may be required.

Location:

Remote within the US, ideally New York Metropolitan area

EEO Statement:

Market Data Management Solutions (MDMS) provides equal employment opportunities to all employees and all qualified applicants for employment will receive consideration for employment without regard to race, color, religion, age, sex, national origin, sexual orientation, gender identity or expression, disability status, protected veteran status, or any other characteristic protected by federal, state, or local laws.