Full-Time

Senior Consultant

Procurement & Vendor Management

Posted on 11/2/2024

TransUnion

TransUnion

5,001-10,000 employees

Fintech
Financial Services

Senior

Burlington, ON, Canada

Hybrid position requiring in-person attendance for a minimum of two days a week.

Category
Procurement & Sourcing
Operations & Logistics
Required Skills
PowerPoint/Keynote/Slides
Requirements
  • 7 + years of experience in Supplier/Vendor Management, Procurement, and third-party risk management (“TPRM”) in a regulated industry, such as financial services.
  • Strong experience in monitoring, managing, and improving vendor performance in a Federally and/or provincially regulated environment.
  • Ability to identify vendor risks and develop solutions to remediate issues that inhibit service delivery.
  • Experience in supporting the creation of exit strategies to enable a smooth transition to a new vendor should the situation require it.
  • Experience of facilitating large scale multinational client audits of our TPRM and Vendor Management controls.
  • Strong experience in commercial contracts, procurement methodologies, purchase to pay, controls, and negotiations in the Canada region.
  • Excellent interpersonal and communication skills with the ability to interact with credibility at all levels of the organization, stakeholders and with suppliers as needed.
  • Ability to work in cross-functional and multi-geographical teams.
  • Ability to independently and set up standards and procurement processes.
  • Ability to manage multiple projects and tasks simultaneously by planning and prioritizing effectively.
  • Microsoft Office i.e., SharePoint, Word, Excel, and PowerPoint.
  • Understanding of key regulation pertaining to financial services i.e., OSFI, provincial regulators.
Responsibilities
  • Oversee the local procurement of all categories of business services for Canada i.e. IT, Professional Services, Facilities, Marketing, HR, etc., including the vetting of new vendors against TU Canada requirements, reviewing contractual requirements to ensure minimum TU standard are met and understanding, coordinating and managing all post-contract execution and compliance.
  • Lead negotiations of contracts, through a range of processes ensuring business requirements are met and risk management strategies in place.
  • Enhance vendor performance through the facilitation of vendor review meetings and the tracking of subsequent improvement plans.
  • Feeding valuable intel and insights into global category plans/strategies
  • Escalate vendor risks, findings, and issues proactively to TPRM, creating remediation plans and monitoring them.
  • Ensure Vendor Inventory and all vendor records are accurate and up to date.
  • Undertake market analysis to identify new opportunities to drive value.
  • Produce insightful reporting / MI for stakeholders and governance meetings through the maintenance of vendor performance scorecards.
  • Administer exit strategy process and documentation and manage all related change management and communication for internal and external stakeholders and committees.

Company Stage

IPO

Total Funding

$3.9M

Headquarters

Chicago, Illinois

Founded

1968

Simplify Jobs

Simplify's Take

What believers are saying

  • Investment in Bud positions TransUnion to enhance financial inclusion and brand reputation.
  • Hiring Bill Shields as CISO bolsters TransUnion's cybersecurity measures and client trust.
  • Partnership with Truework expands TransUnion's service offerings, competing directly with Equifax.

What critics are saying

  • Increased competition from ID5 could impact TransUnion's market share in digital advertising.
  • Investment in SatSure exposes TransUnion to risks in the volatile agricultural finance sector.
  • Regulatory scrutiny may challenge TransUnion's investment in Bud for financial inclusion.

What makes TransUnion unique

  • TransUnion's investment in SatSure enhances its capabilities in agricultural finance.
  • The strategic partnership with Truework strengthens TransUnion's position in verification services.
  • Acquisition of Neustar's assets broadens TransUnion's data set and technological capabilities.

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