Assistant Vice President, Vendor Manager, Global Wholesale Banking Technology & Operations

Company:
Contact Singapore
Location:
Singapore, SG | United States, US
Job Type:
Full Time
Posted:
12/15/2012

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Job Description

Bank of America is one of the world's largest financial institutions, serving individual consumers, small and middle market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk-management products and services.

The company provides unmatched convenience in the United States, serving more than 59 million consumer and small business relationships with more than 6,100 retail banking offices, nearly 18,700 ATMs and award-winning online banking with nearly 29 million active users. Following the acquisition of Merrill Lynch on January 1, 2009, Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes serving corporations, governments, institutions and individuals around the world.

Bank of America offers industry-leading support to more than 4 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients in more than 150 countries. Bank of America Corporation stock is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.

Responsibilities
  • Responsible for ensuring the bank receives the value we require for vendors we do business with.
  • This position interacts with internal bank Process Owners and the Vendor to enforce compliance with contractual terms; monitor performance; raise, manage, and/or mitigate risks; and develop a relationship that is beneficial to both the bank and the vendor.
  • Associate will be aligned to within region vendors supporting the business.
  • Vendor Manager will be responsible for managing the end to end vendor management process, ensuring the business adheres to the Standard Operating Requirements (SOR).


Requirements
Required Skills
  • Risk identification and management experience
  • Results oriented, implementing practices and processses that drive accountability; willingness to re-examine and adjust where necessary
  • Proven project management and facilitation ability - able to naviate and resolve complex issues
  • Able to manage a complex portfolio with multiple projects and deliver quality on-time work
  • Excellent written and oral communication skills with proven ability in leading conference meetings, influence decisions, and drive outcomes
  • Strong positive interpersonal skills
  • Proficient with MS Office Programs
  • Ability to operate independently in a nebulous environment
  • Able to quickly adapt and accept change
Desired Skills
  • Vendor Management or Sourcing experience
  • Familiarity with VMP requirements and deliverables
  • Treasury / Credit knowledge
  • Project Management Skills/Certification
  • Six Sigma Certification
  • Ability to build and forge strong relationships with Sr. Business Leaders across a matrixed environment
  • Can clearly advise and make recommendations to help LOB/GCF make vendor related decisions
  • Proven ability to manage contract compliance, interpret contract terms and conditions, and resolve contract issues
  • Proactively identifies the appropriate metrics to ensure vendor is operating efficiently and effectively, with minimal risks
  • Proven ability to performance manage vendors and drive continuous vendor improvement (inclusive of day-to-day performance management, QA and QC, analyzing performance and utilizing Six Sigma tools to reduce cost or risk or increase the value of the outsourced product or service)
  • Strong relationship management skills; proactively building, maintaining, and using key relationships to build trust/credibility and promote objectives
  • Proven ability to assume a leadership role in resolving issues and acting as an arbiter / mediator between the vendor, LOB/GCF and Bank when issues arise.




Company Description


Contact Singapore is an alliance of the Singapore Economic Development Board and Ministry of Manpower. It aims to attract global talent to work, invest and live in Singapore. With offices in Asia, Europe and North America, Contact Singapore is the one-stop centre for those who wish to pursue a rewarding career in Singapore, as well as individuals and entrepreneurs who are keen to invest in or initiate new business activities here. Contact Singapore actively links Singapore-based employers with global talent and provides updates on career opportunities and industry developments in Singapore. We work with public and private sector partners to facilitate the interests of potential individual investors in Singapore.
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