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Lead, Vendor Relationship Management (Rewards, Recognition and Well-being)

Company: Deloitte
Location: Greenville
Posted on: June 20, 2022

Job Description:

Lead, Vendor Relationship Management (Rewards, Recognition and Well-being)

In this role, you will support the activities and projects associated with our US and US-India Rewards, Recognition and Well-being (RRWB) Vendor Management Program. This program centralizes the management of RRWB vendors to reduce risk, optimize spend, improve efficiency, and enhance the quality of vendor relationships and their respective products and/or services. You will support RRWB vendor contracting, evaluations, performance monitoring, reporting, relationship management, and related inquiries. Additionally, you will support special projects to address continuously evolving business needs, including vendor implementations, strategic initiatives, and process improvement. You will work closely with stakeholders and colleagues across various areas of the firm, and report to the Manager, Business Program Management (RRWB Vendor Management).

Work you'll do

  • Lead vendor relationship management activities across all areas of RRWB which includes compensation, health & welfare benefits, voluntary benefits, retirement benefits, recognition, leaves, mental health, and well-being vendors
  • Partner with internal stakeholders (Centers of Excellence, Procurement, Office of General Counsel, Risk, IT, Client Services Leaders) to fulfill incoming requests and develop, deploy, and maintain program processes and tools
  • Interact with vendors to develop and foster mutually beneficial relationships and ensure favorable agreement execution
  • Lead RFI, RFP, and contract (re)negotiation activities in partnership with Procurement, ensuring all activities follow appropriate compliance standards
  • Maintain RRWB vendor contract inventories, Third Party Risk Management system renewals, and vendor contract repository documentation
  • Maintain market insights on vendor management leading practices, competitive pricing, and performance standards
  • Partner with and advise stakeholders (Specialists thru Partners/Principals/Managing Directors) on appropriate use of vendors and identification of appropriate target vendors for their respective needs
  • Review and analyze reports to monitor the efficiency of each program, assess performance against KPIs, highlight concerns/successes, and identify opportunities for cost reductions and/or service enhancements on a continuous basis
  • Assess RRWB administrative process documentation and recommend improvements to CoE leaders
  • Support special projects to address continuously evolving business needs, including vendor implementation planning, targeted compliance reviews, and Environmental, Social, and Governance (ESG) initiatives
    The individual selected for this role must have the ability to work independently and lead efforts on a variety of projects in a high volume, fast paced, and sometimes nebulous environment.

    The team

    The Rewards, Recognition and Well-being (RRWB) Talent team guides the firm's mission of providing a distinctively Deloitte experience through comprehensive rewards that empower professionals to thrive mentally, physically, and financially - and live their purpose. The RRWB team listens to our leaders, our people, and the market to identify the best ways to pay, recognize, provide benefits, support well-being, and embolden strong psychological health and performance to deliver a valued talent experience.

    Qualifications
    Required:
    • Bachelor's Degree or equivalent
    • Minimum of 5 years of experience working in operations or vendor management supporting Rewards, Recognition and Well-being programs (as defined above) or related experience
    • Knowledge of drafting and/or negotiating vendor contracts including business terms, statements of work, fee schedules, and service level agreements
    • Familiarity with Rewards, Recognition and Well-being programs (e.g., compensation, health & welfare benefits, voluntary benefits, retirement benefits, recognition, leaves, mental health, and well-being)
    • Experience researching, identifying, and evaluating vendors
    • Strong knowledge of Excel (pivot tables, etc.), Access (or other database tools), PowerPoint, Microsoft Project, Visio, SharePoint, Microsoft Teams e-room and other knowledge management sites
    • Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future
      Preferred:
      • Excellent organizational and planning skills
      • Demonstrated strong communication, written, and interpersonal skills and the ability to interface with a variety of levels including senior leaders both inside and outside of Deloitte
      • Ability to handle client relationships (internally and externally)
      • Strong listening, analytical, and decision-making skills necessary to resolve vendor issues
      • Proven ability to fulfill requests and meet or exceed stakeholder expectations
        For individuals assigned and/or hired to work in Colorado and Nevada, Deloitte is required by law to include a reasonable estimate of the compensation range for this role. The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $71,425-$131,545.

        You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.

        EA_TALENT_ExpHire

Keywords: Deloitte, Greenville , Lead, Vendor Relationship Management (Rewards, Recognition and Well-being), Executive , Greenville, North Carolina

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