Job Description
About Guaranteed Rate:
Guaranteed Rate is the 2nd-largest retail mortgage lender in the U.S. By offering industry-leading tools, low-rate mortgages, and unparalleled customer service, we’ve become the Home Purchase Experts®. At Guaranteed Rate, we think big – pushing beyond what most people believe is possible. We strive to work with the best of the best, building business with the best referral partners and hiring the best employees – allowing us to deliver world-class customer service. Our goal is to make sure every customer has a great experience. Headquartered in Chicago with 5,000+ employees in 300+ offices across the U.S. and licensed in all 50 states, we’ve helped thousands of homeowners with more than $37 billion in home purchase loans and refinances in just the past year alone.
About this Role:
A Vendor Manager is responsible for coordinating activities involved in onboarding and proactively managing vendors in support of businesses needs and organizational goals. The Vendor Manager works directly with business owners, internal business partners, and Vendors within their assigned portfolio to ensure they are managed in accordance with Guaranteed Rate's regulatory and compliance requirements.
Pay Range: $90,000-$105,000
Essential Duties and Responsibilities:
Advise internal business partners on vendor selection
Assess vendor capabilities and alignment with organizational needs
Partner with Legal to negotiate contracts, terms, and pricing agreements
Coordinate the onboarding process activities for new vendors
Review and maintain contracts with vendors, ensuring they meet business, legal, and regulatory requirements
Use vendor performance data to identify areas for improvement, inform negotiations and provide feedback to vendors
Renegotiate contracts as necessary to address changing business needs or market conditions
Serve as the primary point of contact for vendors, fostering positive and collaborative relationships
Address vendor concerns or issues promptly and effectively
Monitor vendor costs and expenses to ensure they align with budgetary constraints
Qualifications:
Bachelor’s Degree preferred
2-5 years Vendor management experience in financial services or regulated industry preferred
Vendor management or supply chain training
Compliance training
Applicable work experience
Written and verbal communication skills
Microsoft Word, Excel, PowerPoint, and other Vendor Management software
Guaranteed Rate is an Equal Opportunity Employer that welcomes and encourages all applicants to apply regardless of age, race, sex, religion, color, national origin, disability, veteran status, sexual orientation, gender identity and/or expression, marital or parental status, ancestry, citizenship status, pregnancy or other reason protected by law.
Applications are being accepted on an ongoing basis.
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