LHH · 1 month ago
Vendor Relations Specialist
Philadelphia, PA
Full-time
Onsite
Mid Level
$104K/yr - $120K/yr
3+ years expLHH Recruitment Solutions is seeking a Vendor Management Associate for a leading asset manager dedicated to helping individuals and institutions design better portfolios. The role involves supporting vendor oversight through contract management, risk assessments, and coordination with business units and external partners.
Human Resources
Responsibilities
Assist in onboarding, renewals and offboarding vendors in alignment with firmwide policies and procedures
Support the development and maintenance of the vendor database, ensuring accurate and up-to-date information is kept on SharePoint
Track contract terms, renewal timelines and SLAs
Partner with business units to gather vendor documentation, assess risks, and monitor compliance with regulatory and internal controls
Partner with Finance and Accounting team to help the vendor budget process, including tracking spending, highlighting variances, and preparing summary reports if required
Coordinate with Legal, Compliance, and Third-Party Risk teams, vendor lifecycle activities
Support process improvements and automation initiatives within the vendor management function
Support the evaluation and potential implementation of a Vendor Management System (VMS) including: Gathering business requirements across stakeholders
Researching and comparing VMS solutions
Supporting vendor demos, evaluations, and selection
Assisting in project management and rollout if a solution is selected
Assist in the development and implementation of the operational risk framework, policies, and procedures
Monitor and analyze operational risk events, incidents, and near misses; ensure timely reporting and root cause analysis
Maintain the operational risk event database and track remediation efforts
Qualification
Required
Bachelor's degree in business, Finance, Risk Management, or related field
3–5 years of experience in vendor management, procurement, risk, finance, or project coordination
Strong organizational and time management skills
Excellent communication and interpersonal skills
Proficiency in Microsoft Excel, PowerPoint, SharePoint and other productivity tools
A self-starter with a collaborative mindset and a strong attention to detail
Preferred
Experience using PowerBI is a plus
Experience with vendor or contract management systems is a plus
Benefits
Medical
Dental
Vision
Life insurance
Short-term disability
Additional voluntary benefits
EAP program
Commuter benefits
401K plan
Company
LHH
At LHH, we believe work should be meaningful, fulfilling, and connected.
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Dave Hilbig
President & CEO, OCM-LHH Utah, Wyoming
Ted Diven, MBA
CEO - OCM / Lee Hecht Harrison (ID, MT, NV)
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