Senior Program Manager, Supplier Management

The Senior Program Manager, Supplier Management is responsible for overseeing supplier relationships and supplier-related processes for the enterprise. This includes evaluating and managing supplier risk, overseeing onboarding and offboarding activities, and maintaining and enforcing policies and procedures to ensure the company’s supply chain is efficient, reliable, and compliant with internal standards and regulatory requirements. This role will collaborate with various departments to address risk mitigation strategies appropriately and manage vendor relationships.

Essential Job Functions:

• Develops, implements, and oversees FINRA’s full-cycle supplier management processes, practices, and standards to measure supplier/contract performance, ensure compliance with requirements, and manage resource utilization for the enterprise.
• Oversees the supplier onboarding and offboarding processes, to include:
• For onboarding, ensuring all new suppliers meet company standards and regulatory requirements. Coordinates with procurement, legal, technology, and compliance teams to ensure all necessary information is obtained and verified. Implements and manages a supplier onboarding checklist and process workflow. Ensures effective and efficient communication with suppliers and business constituents throughout the onboarding process.
• For offboarding, ensuring a smooth transition and minimal disruption to the business operations. Ensures all necessary documentation and compliance checks are completed before terminating supplier relationships. Works with relevant departments to transfer or close out any outstanding supplier obligations.
• Builds strong partnerships with key business stakeholders, compliance teams, and suppliers of a full range of goods and services from equipment to software and cloud services, to ensure long-term collaboration and mutual success. Ensures that all relevant supplier data from various business stakeholders is centralized and easily accessible. Serves as the primary point of contact for supplier-related inquiries and issues, cultivating a positive working relationship with suppliers.
• Develops and implements effective and efficient supplier management policies and procedures to align with industry best practices, company needs, and regulatory requirements. Ensures all supplier management activities comply with internal policies and external regulations. Provides training and guidance to internal teams on supplier management procedures.
• Identifies, assesses, and mitigates risks associated with suppliers, monitors supplier performance and compliance with company standards, conducts regular risk assessments and audits of key suppliers, and collaborates with cross-functional teams to address supplier-related issues and risks.
• Develops supplier performance metrics and reporting tools, utilizing data to identify trends, issues, and enhancement opportunities. Presents findings and recommendations to senior leadership on supplier performance, risks, and opportunities and advises business leadership on procurement strategy based on analysis.

Other Responsibilities:

• Other duties as assigned.

Education/Experience Requirements:

• Bachelor’s degree in a business management area of study, or equivalent combination of education and relevant work experience.
• Minimum of eight (8) years of experience in procurement, vendor management, and strategic sourcing. PMP certification, a plus.
• Excellent analytical skills.
• Strong interpersonal and communication skills.
• Demonstrated ability to work with internal and external constituents, managing progress and achieving goals Ability to manage multiple competing projects and priorities.
• Flexible, adaptable, and innovative in a changing environment.

Working Conditions:

• Hybrid office conditions; some onsite work and travel required.

Salary Information:

For work that is performed in CA, CO, HI, MN, VT, IL, Jersey City, NJ, NY, NY, MD, Washington DC, and WA the chart below outlines the proposed salary range for the corresponding location. In addition to location, actual compensation is based on various factors, including but not limited to, the candidate’s skill set, level of experience, education, and internal peer compensation comparisons.

• CA: Minimum Salary $124,300, Maximum Salary $235,500
• CO/HI/MN/VT*: Minimum Salary $108,200, Maximum Salary $196,200
• IL*: Minimum Salary $119,200, Maximum Salary $215,900
• Jersey City, NJ/NY, NY: Minimum Salary $129,800, Maximum Salary $235,500
• MD/Washington, DC: Minimum Salary $124,300, Maximum Salary $225,700
• WA: Minimum Salary $108,200, Maximum Salary $225,700

Candidates can expect salary offers that range from the minimum to the mid-point of the salary range. FINRA provides full pay ranges so that the candidate can consider their growth potential while at FINRA.

Application Process:

To be considered for this position, please submit an application. Applications are accepted on an ongoing basis.

The information provided above has been designed to indicate the general nature and level of work of the position. It is not a comprehensive inventory of all duties, responsibilities and qualifications required.

FINRA is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to age, citizenship status, color, disability, marital status, national origin, race, religion, sex, sexual orientation, gender identity, veteran status or any other classification protected by federal state or local laws as appropriate, or upon the protected status of the person’s relatives, friends or associates.