SWBC · 15 hours ago
VP Contract & Supplier Management Programs
SWBC is seeking a talented individual to be responsible for the strategy, planning, execution, and oversight of the SWBC Contract & Supplier Management Programs that include Procurement and Third-Party Risk. The role involves establishing relationships with internal business customers and overseeing the selection of service providers, ensuring compliance and efficient supply chain management.
BankingFinanceFinancial ServicesInsurance
Responsibilities
Oversees, directs, and manages the activities of the C&SM programs and teams to accomplish organization and department strategy and objectives
Promotes the coordination of C&SM processes for review and approval of project, supplier contracts and purchase requisition
Execute continuous improvement projects to support Strategic Sourcing, Contract Management, and Supplier Risk Management in line with business objectives and goals
Develop systems policies and procedures for the operation of procurement, Third-Party risk and supplier management Program activities
Implement harmonized standards across the organization to enable efficiencies, effective controls and Company-wide spend management/reporting
Serves as system administrator for the C&SM program systems and oversee the supplier & contract repository
Develops and supports users within the C&SM Programs policies and program training, procedural or system issues
Management of C&SM staff skills and competency development in (and across) sourcing, contracting, transactional purchasing, supplier management and miscellaneous internal department support activities
Creating a talent management process in coordination with HR to ensure that the right resources are in place
Develops and maintains relevant analytics and metrics across relevant procurement categories. Produces regular procurement status reports, key performance indicators (KPIs), procurement risk register, and business continuity plan to sustain the technology procurement process
Architect and oversee budget management & planning for categories under management
Development of benchmarks and scorecards to be used for continuous improvement
Building a Center of Excellence (CoE) to help transform Procurement and TPRM
Management and also support broader transformation of the value chain and the enterprise
Maintains and improves individual skill set by seeking out training in response to emerging procurement trends and strategies within the field; suggests tangible improvements to corporate operations where beneficial; and strategizes on continuous improvement of review processes and workflows
Drives the selection and management of procurement systems
Improves and owns the supplier contract and supplier set-up process in partnership with IT and Finance, where appropriate, to deliver solutions, enhancements, and process automation
Reviews non-contracted purchases to identify opportunities for standardization, contracting and cost reduction
Manages contract disputes to resolve issues with the best possible outcome for the Company
Develops the building and maintenance of a Preferred Suppliers program and supplier database to influence the business and channel spend appropriately
Develops and nurtures strong collaborative relationships with key internal stakeholders on the Events teams to strategically influence the business and manage spending
Serves as a Sourcing/Contract SME to key stakeholders by identifying their critical business requirements and providing appropriate recommendations and services to meet/exceed their needs and expectations
Analyzes spend data, internal requirements, and external supply markets to develop strategic sourcing strategies and plans aligned with the business goals
Problem Solving & Strategy Advice: Provide problem-solving and innovative ideas to support internal customers. Identify value-generating opportunities (e.g., savings, efficiencies, or revenue growth)
Manages, coordinates, and supports special projects as needed
Understands the Legal process and prepare sourcing documents, contracts, statements of work and related procurement documents, as well as act as guide for key stakeholders
Collaboration: Partner with internal risk groups to ensure third party relationships are compliant with all relevant policies and procedures
Design & oversee the enterprise-wide needs for due diligence, risk assessment and on-going supplier monitoring are being accomplished
Risk Management: Monitor and ensure successful delivery against third party contractual obligations
Process Management: Accountable for policy requirements for all managed third-party relationships. Plan and lead periodic reviews and assessments of supplier relationships
Performs the supplier & performance management function in collaboration with the business
Oversees reviews of critical supplier relationships on an annual basis to ensure adequate contracts and processes are in place to meet regulatory requirements and facilitate as needed with appropriate business units
Champion and execute updates to existing reporting and technology framework to reduce risk and enhance efficiency
Maintains knowledge of financial services regulations and effectively responds and interacts with regulators
Partners with Treasury for card payments and the Accounts Payable department to maintain effective closing and reporting procedures
Performs all other duties as assigned
Qualification
Required
Bachelor's degree in Business Management, Procurement, Contract Law, Information Technology, or related field of study from an accredited four-year college or university required
Minimum of ten (10) years of experience with procurement life cycle management in the technology industry and detailed knowledge of technology subscription models, cloud services, and outsourcing is required
Six to eight (6-8) years of experience supporting risk and/or compliance-related activities in a financial services operating environment or other relevant industry
Negotiation experience at the highest levels within a Supplier and ideally formal negotiation training
Knowledge of leading practices in procurement, strategic sourcing and end-to-end supply management processes including competitive bidding, contract management, supplier performance management and life cycle costing processes
Knowledge of Third-Party Risk Management (TPRM) oversight and governance practices
Hold or be able to obtain the Certified Technology Procurement Specialist (CTPS) certification within 6 months and Certified Professional in Supply Management® (CPSM®) within 12 months
Experience in drafting, analyzing and redlining proposals, contract terms, agreements, statements of work, pricing sheets and related legal documents, especially as it relates to technology contracts
Demonstrated experience interpreting and working with technology-based contract terms and related documents such as public cloud services, end user license, maintenance, subscription, term of use, and other agreements
Strong decision-making and problem-solving skills, excellent oral and written communication skills combined with the ability to maintain effective relationships internally and externally with a strong customer service orientation
Ability to manage relationships with upper management, internal legal counsel, compliance, business stakeholders, and suppliers as well as assisting to resolve competing interests between these parties
Ability to manage multiple priorities, meet deadlines and work under pressure, while maintaining attention to detail and accuracy
Seasoned analytical and technical writing skills with a demonstrated ability to research, analyze, and synthesize data and information into concise, easily understood written documents
Experience across a broad range of goods and services to ensure accuracy in cost containment, contract terms for information technology: hardware, software, software development, professional services, security, cloud services and renewals
Excellent multitasker, not afraid to be at the epicenter of the purchasing process and handle simultaneous requests that vary from basic procurement to complex negotiations
Demonstrated project management skills with ability to lead multiple, highly visible initiatives
Self-starter and can work independently; have a constant bias towards action. Seeks opportunities to improve processes and better relationships. Must be passionate about making an impact through relationship building and collaboration
Highly data-driven and detail oriented, using industry practices, comparable pricing, sizing deals, and producing metric reporting
Able to travel
Preferred
Master's degree preferred
Certified Technology Procurement Executive (CTPE) is preferred and beneficial
Benefits
Competitive overall compensation package
Work/Life balance
Employee engagement activities and recognition awards
Years of Service awards
Career enhancement and growth opportunities
Leadership Academy and Mentor Program
Continuing education and career certifications
Variety of healthcare coverage options
Traditional and Roth 401(k) retirement plans
Lucrative Wellness Program
Company
SWBC
SWBC is a provider of insurance, mortgage, and investment services to financial institutions, businesses, and individuals.
H1B Sponsorship
SWBC has a track record of offering H1B sponsorships. Please note that this does not
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2025 (22)
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2023 (9)
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2020 (11)
Funding
Current Stage
Late StageRecent News
2025-09-12
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2025-08-13
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2025-07-24
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