Job Description:
- Serve as the Category Manager for third party management execution, accountable for supporting team members in building third party relationships, managing risks, negotiating contracts, and improving effectiveness
- Ensure comprehensive oversight of all suppliers and services within assigned categories
- Collaborate closely with cross-functional teams including enterprise, customer, legal to support business customer outcomes
- Develop and implement strategic plans that align with business intent and market trends; leveraging broad market data, insights and competitor information to support informed decision making
- Manage team deliverables to the established policies, standards, procedures, and processes related to third party management
- Participate in key management forums and contribute to continuous improvement and/or best practices.
- Build strong relationships with both internal stakeholders and third parties to ensure that business objectives are met
- Leverage industry knowledge and seasoned negotiation and influencing skills to support pricing and third-party service level commitments outcomes
- Manage multiple priorities with various stakeholders with an acute appreciation for deadlines impacting speed to market for products and services
- Be an effective change manager through the provision of clear plans and fulfillment activities
- Develops plans or strategies to drive innovation with the objective of creating efficiency
- Motivate and develop direct reports for maximum productivity and up-skilling
Required Skills & Experience
- Bachelor’s degree in business management, and/or designated third party management certification
- At least 5 years of experience in third party management within the financial industry to include process and risk management
- At least 5 years experience working in a cross-functional environment, ensuring business and stakeholder expectations are effectively managed
- Strong market knowledge within different sourcing and supplier management categories relevant to the credit card business to include deep negotiation, communication, contract and influencing skills with the ability to optimize on pricing structures.
- Strong organizational and prioritization skills
- Banking or Financial Experience
- OSFI - B10 experience
Nice to Have Skills & Experience
- Experience working with Credit Cards or a Line of Business supporting Credit cards
- Experience with Google Suite
- Experience with AWS or Tysys