Remote, WA, USA
7 days ago
Vendor Relationship Manager

As the nation's largest community credit union, we begin every day focused on delivering superior financial products and services for our 1.3 million members and more than $30 billion in managed assets. Our work has an economic impact as we support our members' financial goals. We are unapologetic about being devoted to our members and the communities we serve. Our business is guided by our people helping people philosophy – which includes our team members. 

BECU has been in business for more than 85 years, driven by unwavering core values and a dedication to improving the communities we serve. While we have a rich history, the future of our company, accelerated by business and technology transformation, is even brighter. There's never been a better time to work for BECU.

To learn more visit becu.org/careers.

PAY RANGE

The Target Pay Range for this position is $110,900.00-$135,600.00 annually. The full Pay Range is $86,100.00 - $160,300.00 annually. At BECU, compensation decisions are determined using factors such as relevant job-related skills, experience, and education or training. Should an offer for employment be made, we will consider individual qualifications. In addition to your salary, compensation incentives are available for the hired applicant. Incentives are performance based and targets vary by role.

BENEFITS

Employees and their eligible family members have access to a wide array of employee benefits, such as medical, dental, vision and life insurance coverage.  Employees have access to disability and AD&D insurance.  We also offer health care and dependent care flexible spending accounts, as well as health savings accounts, to eligible employees.  Employees are able to enroll in our company’s 401k plan and employer-funded retirement plan.  Newly hired employees accrue 6.16 hours of paid time off (PTO) on a per pay period basis based on hours worked (up to a maximum of 160 PTO hours per year) and receive ten paid holidays throughout the calendar year. Additional details regarding BECU Benefits can be found here.

IMPACT YOU'LL MAKE:

As the Vendor Relationship Manager at BECU, you will be instrumental in shaping and advancing our Vendor Relationship Management (VRM) program. Your role will have a direct impact on creating enterprise-wide governance, best practices, and tools to enhance the management of vendor relationships and performance. You will lead efforts to optimize BECU’s vendor portfolio, reduce friction, and ensure alignment with enterprise objectives—all while supporting the Credit Union’s regulatory requirements and Supplier Diversity program. Your influence will guide business units and leaders across BECU as they manage vendor relationships effectively and strategically.

Work location: Remote work within TX, GA, WA, AZ, SC, OR and ID.

WHAT YOU'LL DO:

Shape VRM Strategy: Develop a strategic approach for impactful vendor relationship and performance management, tailored to BECU’s regulatory and operational landscape.Drive Vendor Segmentation: Create segmentation strategies based on vendor alignment and criticality to BECU’s business needs, ensuring the appropriate relationship investment.Develop Best Practices: Establish templates, training guides, checklists, and process flows that enable efficient and effective vendor performance monitoring.Support Governance Development: Play a key role in the creation and oversight of governance structures that align with BECU’s Vendor Management Policies and evolving VRM strategy.Provide Expert Guidance: Offer ongoing advice to business leaders and executives on managing relationships with BECU’s strategic and core suppliers, becoming a trusted advisor.Function as an Escalation Point: Step in when necessary to support business owners with resolving issues in supplier relationships.Support Supplier Diversity Goals: Incorporate BECU’s DEI goals into the VRM strategy, ensuring that diverse third-party relationships are supported and enhanced.Collaborate with Cross-Functional Teams: Work closely with Strategic Sourcing, Third Party Risk, and Contracting teams to align on segmentation, category management, and risk strategies.Optimize Vendor Strategies: Use analytics and market research to optimize BECU’s vendor portfolio, reduce spend, and support enterprise initiatives through strategic vendor management.Educate and Influence Stakeholders: Drive compliance with VRM governance by educating and guiding business stakeholders across the organization.

This isn’t just about managing vendor contracts; it's about being the driving force behind a strategic, enterprise-wide supplier relationship management program that empowers BECU’s mission and goals.

WHAT YOU’LL GAIN:

Strategic Impact: Influence the development and execution of vendor management strategies that directly impact BECU’s growth and success.Cross-Departmental Collaboration: Work closely with teams across the organization, including Strategic Sourcing, Third Party Risk, and Contracting, to drive alignment on vendor strategies.Career Growth: Enhance your leadership and program management skills while contributing to a key strategic function at BECU.Diverse Vendor Engagement: Play a crucial role in supporting BECU’s Supplier Diversity initiatives, helping to ensure that diverse vendors are included and supported.Professional Influence: Serve as a trusted advisor to business leaders, influencing how vendor relationships are managed throughout the organization.

QUALIFICATIONS:

Minimum Qualifications:

Bachelor’s degree or equivalent experience required. Degree in business-related field preferred.Minimum 5 years of experience in vendor risk management, strategic sourcing, third-party risk assessment, account management, or other relevant experience.

Desired Qualifications:

Experience with financial institutions and regulatory environments.Understanding of vendor agreements, including MSAs, SOWs, and SLAs required.Experience in developing category strategies, negotiation, and supplier relationship management (SRM/VRM).Program management experience.Demonstrated analytical skills and the ability to transform data into clear and relevant information required.Demonstrated ability to manage conflict and negotiations effectively required.Demonstrated experience leading the application of best practice vendor relationship management skills.

JOIN THE JOURNEY:

Ready to make a strategic impact at BECU? Eager to contribute to a forward-thinking team where your expertise does not just manage relationships but drives innovation and growth? This is more than just a vendor management role—it’s your opportunity to shape the future of BECU by optimizing our vendor relationships and ensuring alignment with our strategic goals.

Apply now, bring your expertise, and join us in delivering excellence at BECU. Your journey of influence and strategic contribution starts here.

#BECU #VendorManagement #StrategicImpact #SupplierRelationship #SRM

EEO Statement:


BECU is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, veteran status, disability, sexual orientation, gender identity, or any other protected status.

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