Vendor Manager

A universe of opportunities. Open to you.

Payoneer’s mission is to empower anyone, anywhere to participate and succeed in the global economy. If our mission connects with your values, if you revel in solving complex challenges, and if you want to continuously advance your career, come realize your potential at Payoneer!

Life at Payoneer is a global community, where you’ll work with colleagues all over the world, in a hybrid or remote work frame. As an equal opportunity employer, the only things that matter to us are your skills, your drive and your desire to have a positive impact on others.

Check out our values

The Vendor Manager will be responsible for overseeing all aspects of vendor relationships and ensure service excellence, including but not limited to optimize costs, reduces potential risks, and ensures high-quality service deliverability – all while managing relationships with dozens of vendors and suppliers. This individual will play a critical role in ensuring that our vendors meet our quality standards, deliver on time, and adhere to contractual obligations.

What’s the job?

• Contract Management: Managing the workflows for the entire contract lifecycle
• Creating and executing vendor contracts to maximize the operational and financial outcomes of the partnership, all while reducing financial risk.
• Performance Management: Monitoring and evaluating vendor performance. Set clear metrics & KPIs for service providers and clear standards for product suppliers.
• Relationship Management: Cultivate strong relationships with vendors through regular communication and collaboration. Serve as the primary point of contact for vendor inquiries and escalations.
• Risk Management: Identify and mitigate risks associated with vendor relationships or compliance concerns.
• Continuous Improvement: Proactively identify opportunities to optimize vendor relationships, streamline processes, and drive cost savings without compromising quality or service.
• Compliance: Ensure that vendors comply with all relevant regulations, industry standards, and company policies, such as data security, ethical sourcing.
• Documentation: Maintain accurate records of vendor contracts, correspondence, and performance evaluations. Generate reports and analytics to track vendor performance and identify trends.
• Cross-functional Collaboration: Collaborate with internal stakeholders, including procurement, legal, finance, and operations teams, to support vendor-related initiatives and projects.
  
  

• 3+ years of proven experience in vendor management, procurement or related roles
• Experience in negotiating contracts, managing vendor relationships, and evaluating supplier performance.
• Excellent communication and interpersonal skills to effectively interact with vendors, internal stakeholders, and colleagues.
• Analytical abilities to assess vendor performance, analyze contracts, and make data-driven decisions.
• Ability to oversee multiple processes effectively, in a fast-paced environment while meeting tight deadlines.
• Problem-solving skills to address issues that may arise with vendors.
• Knowledge of relevant regulations and compliance standards related to vendor management – An advantage.
• Familiarity and experience with vendor management systems – An advantage
• FinOps (Financial Operations) management skills and knowledge – An advantage.