IT Procurement & Vendor Management Specialist
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We are seeking a highly skilled IT Procurement & Vendor Management Specialist with a strong background in IT services, software license management, service level agreements (SLAs), regulatory compliance, and third party contracting.
The ideal candidate will hold an JD degree, with a legal focus on IT and regulatory technology agreements and will be responsible for ensuring our organization’s IT vendor partnerships meet all compliance, governance, and contractual obligations.
Key Accountabilities/Deliverables:
Vendor Management & Compliance:
* Oversee and manage vendor relationships, focusing on ensuring compliance with software licensing agreements, SLAs, and regulatory requirements.
* Conduct regular vendor risk assessments to evaluate ongoing compliance with contractual and regulatory standards.
* Ensure vendors meet regulatory obligations related to IT operations (SOC I/SOC II, HIPAA, etc.).
* Maintain a vendor management system to track compliance with legal, financial, and security obligations.
* Conduct Quarterly Business Reviews (QBRs) with all major vendors and internal stakeholders.
Software Licensing & SLA Management:
* Monitor and manage all software licensing agreements to ensure compliance with legal and contractual terms.
* Negotiate software licensing terms and renewals to align with business needs and compliance requirements.
* Track and review SLAs to ensure vendors are delivering services in alignment with agreed performance standards and compliance obligations.
* Develop reports on vendor performance and SLA compliance, presenting findings to senior leadership.
* Manage all software licensing company-wide and conduct regular reconciliations of all licenses.
Contract Negotiation & Regulatory Oversight:
* Serve as the legal expert on IT vendor contracts, collaborating with internal stakeholders and external vendors to ensure terms comply with company policies and regulations.
* Draft, review, and revise IT contracts, software licensing agreements, and service level agreements to meet business and legal requirements.
* Ensure that all IT vendor contracts and agreements adhere to relevant regulatory frameworks, including SOX, GDPR, CCPA, HIPAA, and others.
* Monitor changes in regulatory environments and ensure timely updates to vendor contracts.
* Manage all renewals and contract amendments throughout the lifecycle of each vendor relationship.
Regulatory Technology & Compliance:
* Manage and ensure compliance with regulatory technology solutions and platforms used for vendor management and compliance tracking.
* Implement tools to automate the monitoring and reporting of vendor compliance with licensing, security, and SLA terms.
* Collaborate with IT, legal, and risk management teams to ensure vendor management processes comply with internal and external audit requirements.
Reporting & Auditing:
* Develop comprehensive re...
- Rate: Not Specified
- Location: Cincinnati, US-OH
- Type: Permanent
- Industry: Finance
- Recruiter: Core Specialty Insurance Services, Inc.
- Contact: Not Specified
- Email: to view click here
- Reference: JR100926
- Posted: 2024-10-08 08:09:44 -
- View all Jobs from Core Specialty Insurance Services, Inc.
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