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Vendor Management Technology Lead
Company | Lazard |
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Location | New York, NY, USA |
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Salary | $150000 – $225000 |
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Type | Full-Time |
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Degrees | |
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Experience Level | Senior, Expert or higher |
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Requirements
- 8 or more years of experience managing key vendor and 3rd party relationships within a global technology organization or the financial services sector in support of product development and/or IT services is a big plus.
- Direct experience implementing a Vendor Management program.
- Demonstrated experience managing large-scale, complex vendor relationships and contracts – and a data-driven approach to performance/accountability.
- High EQ to successfully build relationships and successfully navigate change.
- Ability to influence with and without authority to establish shared accountability to drive results across multidisciplinary teams and stakeholders.
- Savvy approach to contract execution and negotiation, with emphasis on minimizing risk and cost without compromising quality.
- Exceptional cross-functional leadership abilities, with emphasis on zooming in and out to break down silos and maximize collective impact and efficiency.
- In-depth knowledge of how IT organizations work and hands on experience delivering integrated solutions from soup to nuts.
- Excellent analytical, problem-solving, and decision-making abilities using ITIL framework.
Responsibilities
- Develop and implement a vendor management strategy aligned with organizational goals and technology needs by establishing relationships with key partners.
- Conduct regular performance reviews, define and track vendor KPIs and benchmarks to evaluate performance.
- Collaborate with legal and procurement teams to identify and mitigate risks in vendor relationships, including regulatory, security, and operational compliance.
- Partner with internal teams (IT, finance, legal, operations) to align vendor services and act as the primary escalation point for vendor-related issues.
- Analyze industry trends and emerging technologies to guide strategic decisions while managing vendor budgets, forecasting, and identifying cost-saving opportunities.
- Leverage performance data to continuously evaluate vendor relationships.
Preferred Qualifications
- Certification in vendor management (e.g., Certified Professional in Supplier Diversity (CPSD), Certified Technology Procurement Executive (CTPE)) is a plus.