Senior Manager, IT Strategic Vendor Management

Posted Yesterday
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Northbrook, IL, USA
Hybrid
150K-180K Annually
Senior level
Automotive • Professional Services • Software • Consulting • Energy • Chemical • Renewable Energy
Our mission is to make the world a safer, more secure and sustainable place.
The Role
Lead and evolve IT vendor management strategy, oversee strategic contract negotiations and renewals, implement vendor performance metrics and risk framework, manage software/hardware asset tracking and cloud entitlements, run RFP/RFI and vendor assessments, ensure regulatory and policy compliance, drive process improvements, and lead a global vendor management team including performance management of direct reports.
Summary Generated by Built In
JOB DESCRIPTION
  • Evolve the design and execution of the vendor management strategy framework to evaluate partnerships and provide regular updates on upcoming renewals, opportunities for optimization and overall vendor performance.
  • Evaluate potential vendors and service providers and ensure alignment with IT strategy and goals.
  • Partner with IT stakeholders and Sourcing to manage and negotiate supplier agreements.
  • Build and manage relationships with internal stakeholders to understand their needs and ensure vendor services meet those needs.
  • Oversee and manage strategic and large vendor contract renewals and support negotiation extensions or terminations as needed.
  • Implement and coordinate a vendor engagement model with strategic vendor and internal stakeholders to ensure vendor performance and alignment with IT strategy
  • Establish and implement vendor performance metrics and KPIs, and create and publish IT metrics to ensure quality, timely and consistent delivery and progress against strategy.
  • Organize and conduct regular performance reviews and audits to ensure vendors meet or exceed expectations.
  • Address and resolve vendor performance risks and issues and implement corrective actions.
  • Ensure vendors comply with regulatory requirements and company policies.
  • Develop and maintain a vendor risk management framework.
  • Manage, in conjunction with asset management resources, the tracking of software/hardware assets and consumption of on-premises and cloud-based entitlements.
  • Establish and/or approve internal and external policies, standards and processes for vendor interaction.
  • Support the vendor selection process, including RFPs, RFIs, and vendor assessments in partnership with IT stakeholders and UL Solutions' Sourcing organization.
  • Stay current with industry trends and best practices in vendor management.
  • Identify opportunities for process improvements and implement changes to enhance vendor management practices.
  • Lead initiatives to optimize vendor performance and value.
  • Lead, mentor and foster a collaborative global team to deliver vendor management services and meet organizational objectives.
  • Manage performance of direct reports by developing accountabilities, establishing performance objectives, providing career counseling, feedback and guidance and ensuring that all policies are understood and adhered to.
  • Read and follow the Underwriters Laboratories Code of Conduct, and follow all physical and digital security practices.
  • Performs other duties as directed.

QUALIFICATIONS
What we offer:
  • Total Rewards: We understand compensation is an important factor as you consider the next step in your career. The estimated salary range for this position is $150,000-$180,000 and is based on multiple factors, including job-related knowledge/skills, experience, geographical location, as well as other factors. This position is eligible for annual bonus compensation with a target payout of 5% of the base salary. This position also provides health benefits such as medical, dental and vision; wellness benefits such as mental and financial health; and retirement savings (401K) commensurate with the standard rewards offered in each individual location or country. We also provide full-time employees with paid time off including vacation (15 days), holiday including floating holidays (12 days) and sick time off (72 hours).

What you'll experience working for ULS
UL Solutions has been pioneering change since 1894 and we're still leading the way. From day one, we've blazed a trail protecting the planet and everyone on it. Our teams have influenced billions of products, plus services, software offerings and more. We break things, burn things and blow things up. All in the name of safety science.
That's where you come in - because none of it could happen without you. It takes passion to protect people, problem-solving to safeguard personal data and conviction to make the world a more sustainable place. It takes bold ideas and brilliant minds to build a better world for future generations across the globe.
This is more than a job. It's a calling. A passion to use our expertise and play our part in creating a more secure, sustainable world today - and tomorrow. As a member of our safety science community, you'll use your ideas, your energy and your ambition to innovate, challenge and ultimately, help create a safer world.
Everyone here is unique. But we're also a global community, working together to help create a safer world. Join UL Solutions and you can connect with the brightest minds in the business, all bringing their distinct perspectives and diverse backgrounds together to deliver real change.
Empowering our customers to keep the world safe means thinking ahead. It means investing in training and empowering our people to learn and innovate. At UL Solutions, we help build a better future - one where everyone benefits.
Join UL Solutions to be at the center of safety. To learn more about us and the work we do, visit UL.com
#LI-PH1
#LI-Hybrid

Skills Required

  • Develop and execute vendor management strategy and framework
  • Manage and negotiate supplier agreements and strategic contract renewals
  • Establish vendor performance metrics, KPIs, and conduct performance reviews/audits
  • Implement vendor risk management framework and remediate vendor performance issues
  • Support vendor selection processes including RFPs, RFIs, and vendor assessments
  • Manage tracking of software/hardware assets and cloud-based entitlements with asset management partners
  • Ensure vendor compliance with regulatory requirements and company policies
  • Lead, mentor, and manage a global team and direct reports, including setting objectives and providing feedback
  • Build and maintain relationships with IT stakeholders and sourcing partners

What the Team is Saying

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UL Solutions Compensation & Benefits Highlights

  • Retirement Support The 401(k) program is portrayed as strong, with a notable employer match and an additional company contribution after the first year that enhances long‑term savings. This structure is consistently highlighted as a differentiator in the total rewards mix.
  • Healthcare Strength Medical coverage is characterized by multiple plan options administered by a major carrier and a substantial employer cost share, alongside dental, vision, and mental‑health/EAP resources. The breadth of choices and supportive programs underscore a comprehensive health offering.
  • Leave & Time Off Breadth PTO with sick time, floating holidays, and dedicated paid volunteer days are emphasized, along with paid parental bonding and family‑care leave. Flexible work arrangements by role further increase the practical utility of time‑off benefits.

UL Solutions Insights

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The Company
HQ: Chicago, IL
15,000 Employees
Year Founded: 1894

What We Do

A global leader in applied safety science, UL Solutions transforms safety, security and sustainability challenges into opportunities for customers in more than 100 countries. UL Solutions delivers testing, inspection and certification services, together with software products and advisory offerings, that support our customers’ product innovation and business growth. The UL Certification Marks serve as a recognized symbol of trust in our customers’ products and reflect an unwavering commitment to advancing our safety mission. We help our customers innovate, launch new products and services, navigate global markets and complex supply chains, and grow sustainably and responsibly into the future. Our science is your advantage.

Why Work With Us

Science is in our DNA; we are endlessly curious and passionate about seeking and speaking the truth. We take delight in knowing that our work makes a meaningful contribution to society, and we are proud that our culture is centered on integrity, collaboration, inclusion and excellence.

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UL Solutions Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Depending on the role we offer hybrid or remote opportunities.

Typical time on-site: Flexible
HQChicago, IL
CO
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Arnhem, NL
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Austin, TX
Basingstoke and Deane, GB
Bengaluru, IN
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Bentonville, AR
Boston, MA
Cambridge, GB
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Gurugram, IN
Leiden, NL
Los Angeles, CA
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Mumbai, IN
Neu-Isenburg, DE
New York, NY
Northbrook, IL
Ochsenhausen, DE
Ottawa, CA
Raleigh, NC
Reading, GB
San Francisco, CA
Singapore
Township of Jacksonville, NC
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