FOLIOfn, Inc.

  • Senior Vendor Management Analyst

    Job Locations US-VA-McLean
    Posted Date 1 month ago(4/24/2018 10:16 AM)
    Job ID
    # of Openings
  • Overview


    Folio Investing is seeking a bright, energetic and focused Senior Vendor Management Analyst to join our Finance team.  We are a fast paced financial services firm looking to add to our staff to assist with negotiating new agreements and contract renewals as well as managing all aspects of the contracting lifecycle.  Successful candidate will help develop and manage a vendor procurement and oversight program, and monitor adherence throughout the organization.


    • Negotiate new agreements and renewals as well as managing the end to end contract process
    • Develops and manages a vendor procurement and oversight program, and monitors adherence throughout the organization
    • Assists in defining and developing vendor management methods, governance standards, processes and metrics for monitoring vendor performance against defined SLAs
    • Creates and promotes standardization in the organization’s materials used with vendors – including contract terms specific to SLAs
    • Leads the development and implementation of governance documents and trains personnel on their responsibilities relative to vendor management
    • Establishes the procedures necessary to support vendor management, risk evaluation, and the use of corrective action plans when required to mitigate vendor compliance/performance failures
    • Develops ongoing status reports regarding the actions, outcomes, and closure of any corrective action plans imposed upon poorly performing vendors
    • Provides support to contract managers for their successful operational relationship management, problem resolution, and service excellence
    • Creates end-to-end alignment between vendor performance/service delivery and organization goals
    • Identifies and evaluates opportunities for supply chain improvements with vendors to reduce costs
    • Establishes score-carding programs with selected vendors for use during re-procurement, contract renewal decisions, and to support innovative quality performance programs



    • BS/BA degree in Business Administration, Finance, Accounting, Information Systems, or other related area of concentration or 3-5 years (or more) of relevant professional experience
    • Prior vendor management, compliance, risk management or audit experience
    • Excellent written and verbal communications skills
    • Ability to manage multiple deliverables of significant scope and impact within sensitive timeframes, and prioritize work flow
    • Ability to work with different levels of personnel and demonstrated success in building relationships cross-functionally (e.g., across Operations, Finance, Information Technology, Legal/Compliance, Marketing, Customer Service and/or Human Resources)
    • Understanding of internal controls and relevant vendor compliance frameworks
    • Knowledge of reporting procedures and record keeping best practices
    • Experience with metrics to monitor business satisfaction with vendors and to reevaluate business needs
    • Strong computer skills (Excel, Word, PowerPoint)
    • Ability to work well under pressure in a fast paced, high growth environment
    • Commitment to continued education through professional educational workshops


    Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
    Share on your newsfeed