Full Time

IT Vendor Management Analyst

Block
$55,000 - $85,000* / year (about $26–$41 an hour)

Job Description

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Job Description: IT Vendor Management Analyst at Block



Overview

The IT Vendor Management Analyst at Block will be pivotal in managing the relationships with our technology vendors, ensuring alignment with organizational goals, and maximizing the value derived from vendor contracts. This role involves analyzing vendor performance, overseeing contract compliance, and collaborating with cross-functional teams to support strategic planning and execution of vendor initiatives. The ideal candidate will have a strong understanding of IT procurement processes and vendor management frameworks, coupled with exceptional analytical and interpersonal skills to foster productive partnerships with our technology providers.



Job Responsibilities

  • Manage and monitor vendor performance metrics to ensure adherence to contractual obligations and service level agreements.
  • Conduct regular assessments of vendor relationships and performance, identifying areas for improvement.
  • Collaborate with internal stakeholders to define vendor requirements and facilitate effective procurement strategies.
  • Perform risk assessments related to vendor operations and propose mitigation strategies.
  • Prepare reports and presentations on vendor performance for senior management review.
  • Negotiate contract terms and conditions with vendors to ensure competitive pricing and service quality.
  • Facilitate vendor onboarding and offboarding processes, ensuring compliance with company policies.
  • Maintain up-to-date documentation of vendor contracts, performance records, and compliance audits.


Qualifications

  • Bachelor's degree in Information Technology, Business Management, or a related field.
  • Minimum of 3 years of experience in vendor management, procurement, or IT operations.
  • Strong knowledge of vendor management principles and best practices.
  • Proficient in contract negotiation and management.
  • Exceptional analytical and problem-solving abilities.
  • Strong communication and interpersonal skills to manage stakeholder relationships.
  • Demonstrated ability to work collaboratively in a team-oriented environment.
  • Familiarity with procurement software and vendor management systems.


Technologies & Tools

The IT Vendor Management Analyst position will utilize various technologies and tools including vendor management software, contract management systems, project management applications, data analysis tools, and communication platforms. Familiarity with procurement software such as Coupa or Ariba, as well as Microsoft Office Suite (Excel, PowerPoint, Word), is essential for the effective execution of daily responsibilities.



Ideal Candidates

Ideal candidates for the IT Vendor Management Analyst role will demonstrate strong analytical thinking, detail-oriented mindset, and possess excellent negotiation skills. They should exhibit a proactive approach to problem-solving and possess keen organizational abilities to manage multiple vendor accounts efficiently. An inclination towards collaboration, adaptability to dynamic environments, and the ability to communicate effectively across various organizational levels will greatly contribute to success in this position.




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