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Technology Vendor Performance & Optimization MD
Company | Citigroup |
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Location | New York, NY, USA |
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Salary | $250000 – $500000 |
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Type | Full-Time |
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Degrees | Bachelor’s |
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Experience Level | Expert or higher |
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Requirements
- Bachelor’s degree in computer science, Information Technology, Business Administration, or a related field.
- 15+ years of proven experience in technology vendor management or a similar role.
- Strong understanding of IT service management principles (ITIL framework preferred).
- Excellent communication, interpersonal, and stakeholder management skills.
- Strong analytical, problem-solving, and decision-making abilities.
- Ability to work independently and as part of a team in a fast-paced environment.
Responsibilities
- Primary interface for all technology vendor relations
- Monitor and evaluate vendor performance against established Service Level Agreements (SLAs) and Key Performance Indicators (KPIs).
- Develop and implement performance improvement plans when necessary.
- Identifying and managing performance decline or emerging risk issues
- Conduct regular business reviews with vendors to discuss performance, address concerns, and foster strong relationships.
- Partner with Sourcing team to ensure holistic oversight for all Technology vendor activities
- Identify and pursue cost optimization opportunities without compromising service quality.
- Manage / coordinate all BAO activities across technology
- Own all aspects of the third-party relationship and is responsible for identifying, managing, and monitoring all third-party risks throughout the relationship and staying in compliance with TPM requirements.
- Must understand the risks and ensure appropriate mitigating controls are established
- Ensure that vendor solutions align with the organization’s technology strategy and business objectives.
- Stay abreast of industry trends and emerging technologies.
- Establish and maintain a governance framework for technology vendor management.
- Facilitate effective communication and collaboration between vendors and internal stakeholders.
Preferred Qualifications
- Relevant industry certifications (e.g., ITIL, CISM, CISSP).
- Experience with vendor management software and tools.