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First Tech Federal Credit Union · 17 hours ago

Vice President, Vendor Management

Hillsboro, OR

Full-time

Hybrid

Senior Level, Lead/Staff

$230K/yr - $270K/yr

10+ years exp

First Tech Federal Credit Union is seeking a Vice President of Vendor Management to lead the enterprise-wide strategy for overseeing the full vendor life-cycle. The role focuses on enhancing operational efficiency and aligning vendor management with organizational goals through strategic processes and cross-functional collaboration.

BankingFinance

No H1B

Responsibilities

Serve as the executive sponsor for vendor strategy, ensuring alignment with enterprise goals, transformation initiatives, and merger integration milestones

Architect and implement a centralized Vendor Management Office (VMO), integrating procurement, sourcing, on-boarding/off-boarding, performance monitoring, and contract administration

Align vendor strategy with digital modernization and operational restructuring efforts

Lead change management to embed vendor management practices across departments and ensure adoption of centralized processes

Champion a builder mindset by designing scalable processes, systems, and playbooks for enterprise-wide vendor management

Oversee a high-performing team responsible for the full vendor life cycle: selection, on-boarding, performance monitoring, renewal, renegotiation, and off-boarding

Establish and maintain sound vendor management monitoring and oversight (e.g., vendor scorecards, KPIs, and dashboards) to track performance, compliance, and value delivery

Collaborate with Legal, Risk, and Compliance teams to ensure vendor activities meet regulatory, privacy, and internal control standards

Monitor risk triggers (e.g., license true-ups, audit clauses) and proactively mitigate exposure

Ensure timely and compliant execution of all contracts, coordinating with internal stakeholders for reviews and approvals

Lead efforts to consolidate vendors and repaper contracts to reduce redundancy and improve leverage

Own the vendor management budget and report on cost savings, ROI, and value realization

Drive strategic sourcing, cost optimization, and supplier innovation

Support RFP/RFI/RFQ processes and vendor negotiations in alignment with organizational standards and budgets

Develop strategic partnerships with key vendors to foster innovation and long-term value creation

Oversee the selection and implementation of vendor management systems (e.g., VMS, CLM platforms) to automate workflows and enhance visibility

Ensure system integration with IT, finance, and legal platforms for seamless life-cycle management

Promote continuous improvement through technology, automation, and data analytics

Provide regular updates to executive leadership and the board on vendor performance, risk exposure, cost efficiency, and strategic value

Develop executive dashboards and reporting frameworks to support enterprise decision-making

Lead vendor due diligence and integration planning for mergers, acquisitions, and divestitures

Qualification

Vendor managementStrategic sourcingContract negotiationPerformance managementData analyticsRisk managementRegulatory complianceVendor management systemsStakeholder managementFinancial services experienceMicrosoft Office SuiteRelevant certificationsJuris Doctor (JD)LeadershipCommunication skills

Required

10+ years in vendor management, procurement, strategic sourcing, or supply chain leadership

Proven success in building and scaling centralized vendor management functions across complex organizations

Demonstrated leadership in enterprise-wide transformation, including mergers, acquisitions, and integration

Strong understanding of contract law, third-party risk, procurement best practices, and regulatory compliance

Experience in vendor spend analysis, performance metrics, and strategic planning

Demonstrated ability to make sound, data-driven decisions balancing strategic priorities with operational realities

Familiarity with vendor management systems (e.g., VMS, CLM) and integration with finance, legal, and procurement platforms

Experience leveraging automation, analytics, and dashboards for vendor performance and reporting

Exceptional communication skills and ability to influence cross-functional teams and executive leadership

Proven track record of navigating complex stakeholder relationships, resolving conflicts, and fostering alignment

Knowledge of data privacy, audit requirements, and compliance frameworks

Minimum Education: Bachelor's degree (advanced degrees preferred) related to Vendor Management or related field or 4 additional years of relevant experience in lieu of a degree

Required Experience: 10+ years of progressive leadership experience in vendor management or related field including 10 years as a people leader

Preferred

Experience in financial services or other regulated industries preferred

Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook/Teams)

Relevant certifications preferred: CSCP, CPSM, CTPRP, PROSCI

Juris Doctor (JD) preferred but not required

Benefits

Traditional medical, dental, and vision coverage

401K matching up to 5% per pay period

11 paid federal holidays

Special employee pricing on lending products such as mortgage, auto, and personal loans (eligibility for special employee pricing is subject to standard account requirements and underwriting criteria)