Vendor Manager (Fixed Income)

Raymond James Financial, Inc.; Saint Petersburg (FL); On-site; USD 90,000 - 135,000; Full time

Job summary

Raymond James Financial, Inc. in Saint Petersburg, FL, is seeking an experienced Vendor Management professional to manage a broad portfolio of contracts and SLAs, lead negotiations, and oversee performance to protect business value.

You will partner with business units, monitor budgets, mitigate risks, and drive cost optimization while ensuring timely delivery across multiple initiatives in a dynamic environment.

Qualifications

• Budgeting, forecasting, and cost-control knowledge.
• Understanding of financial markets and products.
• Awareness of contract law and compliance.

Responsibilities

• Manage a portfolio of vendor contracts and SLAs, including negotiation, execution, and ongoing oversight.
• Lead complex contract negotiations, including pricing, terms, and performance standards.
• Monitor vendor performance to ensure service delivery meets contractual obligations and business expectations; address issues and drive remediation.
• Identify, assess, and manage vendor-related risks; escalate as needed.
• Partner with business stakeholders to understand needs, prioritize initiatives, and deliver solutions on time.
• Manage departmental budgets related to vendor spend, including forecasting, tracking, and cost optimization opportunities.
• Coordinate end-to-end vendor lifecycle from selection and onboarding through payment and ongoing management.
• Develop and deliver clear communications and reporting for stakeholders at varying levels.

Skills

Contract negotiation

Vendor management

Analytical thinking

Problem solving

Time management

Written communication

Verbal communication

Stakeholder alignment

Cross-functional collaboration

Meeting facilitation

Multitasking

Risk management

Budget awareness

Job description

Essential Duties and Responsibilities

• Manage a portfolio of vendor contracts and service-level agreements (SLAs), including negotiation, execution, and ongoing oversight

• Lead complex contract negotiations, including pricing, terms, and performance standards, ensuring alignment to business needs and risk considerations

• Monitor vendor performance, ensuring service delivery meets contractual obligations and business expectations; proactively address issues and drive remediation

• Identify, assess, and manage vendor-related risks, escalating concerns as appropriate

• Partner closely with business stakeholders to understand evolving needs, prioritize initiatives, and deliver solutions on time

• Manage departmental budgets related to vendor spend, including forecasting, tracking, and cost optimization opportunities

• Coordinate the end-to-end vendor lifecycle, from vendor selection and onboarding through payment and ongoing management

• Develop and deliver clear, tailored communications and reporting for stakeholders across varying levels of the organization

• Manage multiple projects simultaneously in a dynamic environment with shifting priorities

• Meet with suitable vendors to assess their products, inquire about their services, negotiate pricing, and communicate any product or service-related concerns.

• Conduct research on available vendors to determine which vendors offer the best pricing and product quality.

Knowledge of

• Financial acumen, including budgeting, forecasting, and cost control

• Financial markets and products

• Contract law

Skill in

• Strong contract negotiation skills with experience managing high-volume vendor relationships

• Proven experience administering and monitoring vendor services against contractual agreements Strong analytical and problem-solving skills with attention to detail

• Excellent organizational and time management skills;

• Effective written and verbal communication skills, with the ability to tailor messaging to different audiences

• Ability to:

• Balance commercial objectives with risk management considerations influence and build consensus across stakeholders with differing priorities

• Deliver on tight deadlines

• Balance conflicting resource and priority demands

• Partner with other functional areas to accomplish objectives

• Facilitate meetings, ensuring that all viewpoints, ideas and problems are addressed.

• Incorporate needs, wants and goals from different business unit perspectives into operational processes

• Work independently as well as collaboratively within a team environment

• The ability to multitask effectively

• Evaluate products and services to continually drive quality of customer experience