Senior Vendor Manager (2 openings)

Senior Vendor Manager

The Federal Home Loan Bank of Boston is a leading provider of wholesale funding for housing and community finance in New England serving more than 420 financial institutions across the region. The Bank is committed to making New England a better place to live and do business, and our employees are integral to our success. We seek other professionals excited to share their knowledge, talent, and passion for our mission to join our team. We offer opportunities for career development, robust benefits, and a work-life balance.

Position Summary : We have two newly created Senior Vendor Manager roles at the Bank. Each of these roles will provide focused / dedicated support. One will support Human Resources and their vendors. One will support Bank Technology teams and their vendors. The Senior Vendor Manager focused on Human Resources vendors will report to the Director of Vendor Management and support a specified Bank functional area and the vendor management team with cross-coverage, for full vendor lifecycle management.

This position plays an integral role in sourcing potential vendors and supporting the evaluation of existing vendors for and with the department business subject matter experts. As a Senior Vendor Manager this individual will, in collaboration with other business subject matter experts, negotiate contractual business terms, train vendor managers, and manage the bank's most critical vendors. Strong collaboration, communication and negotiation skills with recent contracting and vendor management experience are required. The ideal candidate will demonstrate experience with HR-relevant vendors. A strong attention to detail is essential to ensure compliance with documentation in the bank's systems of record for contracting and vendor management. Experience working in a regulated industry and some experience training others are strongly preferred.

This role will have a hybrid work schedule in our Boston office in accordance with the Bank's Hybrid Work Program. Flexibility in schedule will be required to support team members when necessary. More time will be expected in the office to support onboarding initially, up to 90 days. Anticipated Pay Range : $80,500 - $132,250.

Specific Responsibilities :

• Support of vendor selection and onboarding of new vendors
• Manage the vendor relationship and lifecycle
• Risk and Audit Compliance

Education : Bachelor's degree in business or related field or 5 years of relevant work experience with vendor management or a related field of expertise.

Background : 3+ years of proven track record of managing vendors to contracted terms is required, ideally with some experience working in a regulated industry.

Experience with HR-relevant or Information Technology / Information Security vendors is strongly preferred given the team structure and how Vendor Managers will support specific Bank functions.

Skills : Strong communication, interpersonal, and relationship management skills. Detailed-orientated, with excellent problem solving, emotional maturity, and decision-making ability. Demonstrated proficiency in vendor management software and tools. Developed skills in data analytics and evaluations. Ability to manage multiple priorities, oversee a diverse portfolio of vendors relevant to the Bank's business with varied status from standard to critical. Ability to address challenges in vendor relations and quality with vendors.

As an Equal Opportunity Employer, we strongly encourage applicants from every ethnicity, color, religion, gender, age, national origin, disability, veteran or parental status and sexual orientation.