Sourcing and Vendor Manager
BHG FinancialAre you ready to join a growing team that puts a premium on productivity and has an award-winning culture centered around transforming talented employees into effective business leaders? Then BHG Financial is the place for you. In 2001, we started with an idea, an opportunity, and $25,000. Back then, our focus was strictly on serving those in the medical industry. With healthcare in our heritage, we soon expanded to serve high-earning professionals in many other industries, providing all with leading-edge financial solutions, including our extensive network of community banks. Today, BHG Financial has firmly established its legacy as a leader in the financial services space. Founded on the philosophy of a better way to borrow, we are dedicated to helping accomplished professionals, small businesses, and institutions build upon their success through innovative financial solutions, a hassle-free process, and personalized concierge service. Our relentless commitment to the success of our customers is part of what has made BHG Financial thrive. We take a 360-degree view of our customers to tailor the best solutions for their financial aspirations. Today's professionals have multiple sources of income, not just their paycheck. Therefore, it is essential to factor those in when making responsible lending decisions. Our continued focus on data, analytics, and proprietary modeling has enabled faster funding for our customers. From business to personal loans to relationships with community banks, the country’s top professionals and business owners rely on us for our exceptional financial solutions and concierge service to continue their success and legacy. Who You Are You are a motivated Sourcing professional who is passionate about Vendor Management. You excel at vendor evaluations, negotiations, performance, and risk management, and have experience being part of a successful Sourcing & Vendor Management Office. You are a self-starter that has the ability to interact with senior leaders to developers and thrive in a fast-paced environment where you can help mature a Sourcing & Vendor Management Function. What You'll Do Maintain relationships between vendors and internal resources, including senior executives Maintain a Sourcing & Vendor framework in alignment with business stakeholders Facilitate contract renewals, extensions, and change orders as needed by business stakeholders Work alongside colleagues to assist with development of Statements of Work (SOWs) and to understand any current Requests for Information (RFIs), Requests for Quotations (RFQs), and Requests for Proposal (RFPs) in the pipeline Establish contract management objectives, procedures, templates, and workflow processes for vendor contracts and deliverable schedules. Maintain a contract management database that contains all executed contracts, as well as contracts that are under development but are not yet active. Moreover, track obligations, deliverables and contract change notes. Manage and control access to documents as appropriate Work with legal representatives to develop and insert appropriate legal protections in contracts, as warranted Work with all teams (security, compliance and tax, HR, accounts payable [AP], and so on) to ensure that vendors are performing in accordance with existing requirements and regulatory obligations Follow a knowledge base of negotiating strategies, best practices, and negotiation personnel and teams. Make improvements to processes, procedures, workflow, and organizational structures for contract management Administer commercial and financial arrangements with vendors to include billing, invoicing, performance incentives and remedies, and internal chargebacks, where appropriate Work with vendors and key stakeholders to establish clear contract change control processes Other duties as assigned What You'll Need Minimum of 5-10 years' experience negotiating and managing contract life cycles, with an emphasis on technology or IT service…