Sr. Manager - Vendor Oversight

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Job ID:
20171009-5156
Job Category:
Investment Management & Research
Relevant Work Experience:
Financial Services-6+ yrs, Investment Management - 6+ yrs
Current Licenses / Certifications:
None
Position Located In:
CO - Lone Tree
Education:
BA/BS
Job Type:
Full Time
Description:

Lone Tree - CO, DENR2, 9800 Schwab Way, 80124
Axle J Marcoline
20171009-5156

We believe that, when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client’s goals with passion and integrity. We respect and appreciate the diversity of our employees, our clients, and the communities we serve. We challenge conventions strategically to create value for our clients, our firm and the world. We live and bring to life the concept of ‘own your tomorrow’ every day. We champion our employee strengths, guide their development, and invest in their long-term success. We hire optimistic, results-oriented, curious, innovative, and adaptable people with the desire to help our clients and one another succeed.

As a company, we were established by Chuck over 40 years ago to champion Main Street over Wall Street, and to help Americans transform themselves from earners to owners. Through advocacy and innovation, we work to make investing more affordable, accessible and understandable for all. As we enter our fifth decade, we are looking for talented, innovative and driven people who believe they can help themselves, and our clients, create a better future.

Our Opportunity:

Charles Schwab Investment Management (CSIM) is the asset management arm of the Charles Schwab Corporation, and has over $300 billion under management in mutual funds and ETFs. Products managed include a wide variety of active and indexed equity, fixed income, and asset allocation strategies, as well as money markets funds. CSIM uses a consistent and disciplined approach to investing across all our products and seeks to develop innovative new products to meet the core investing needs of our clients. 

The Sr. Manager, Vendor Oversight, plays an essential role within CSIM by providing business partners with vendor management expertise for our strategic vendors. The CSIM Vendor Oversight team plays a strategic role in interfacing with CSIM vendors to optimize business value and support compliance with Corporate and CSIM standards. This is an individual contributor position.

What you’ll do:

This position will be responsible for developing, maintaining and executing vendor strategic plans; managing all aspects of the contracting lifecycle; as well as collaborating with risk groups and legal, as required, on vendor engagements.  

Key activities for this manager include, but are not limited to:

  • Responsible for the day to day management of CSIM strategic vendors including:
    • Negotiation of new agreements and renewals as well as managing the end to end contract process
    • Relationship management and due diligence/vendor oversight for all strategic vendors in scope
    • Provide guidance and input to all CSIM business users regarding vendor capabilities
    • Develop strategic plan for all strategic vendors for long term efficiencies
    • Work with internal stakeholders to determine risks and dependencies, and work with Finance, CSIM and Corporate Legal and Corporate Vendor Management to ensure that that Schwab risk is mitigated.
  • Engage with business stakeholders in CSIM, and provide leadership and direction on vendor contracts and performance
  • Provide analysis of vendor proposals and various internal management inquiries regarding for vendor expenditures or potential expenditures. 
  • Participate or lead special projects driven by changing business requirements or strategic direction.
  • Provide leadership and mentoring to more junior members within the CSIM Vendor Oversight team as well as the wider CSIM team. 

What you have:

  • 7+ years of experience in vendor management or strategic sourcing required.
  • Experience working in the financial industry or other regulated environment preferred.
  • Experience with indirect vendor contracts, categories and vendors required.
  • General knowledge of market data vendor category plus.
  • Excellent verbal and written communication skills to influence, build consensus, integrate multiple streams of information and have a proven track record of building effective working relationships with senior level business partners.
  • Self-starter, able to manage multiple projects and succeed in a dynamic, fast-paced environment with minimal direction
  • High level of interpersonal and analytical skills, with a proven capability to make contributions to teams and initiatives
  • High level of attention to detail with the ability to identify issues and react and resolve them quickly
  • Proficiency in Excel (required) and experience with PowerPoint, Ariba, Hiperos, PeopleSoft and/or Access is a plus
  • Bachelor’s degree required 

What you’ll get:

  • Comprehensive Compensation and Benefits package
  • Financial Health: 401k Match, Employee Stock Purchase Plan, Employee Discounts, Personalized advice, Brokerage discounts
  • Work/Life Balance: Sabbatical, Paid Parental Leave, New Mothers returning to work Program, Tuition Reimbursement Programs, Time off to volunteer, Employee Matching Gifts Program
  • Everyday Wellness: Health and Lifestyle Wellness Rewards, Onsite Fitness Classes, Healthy Food Choices, Wellness Champions
  • Inclusion: Employee Resource Groups, Commitment to diversity, Strategic partnerships
  • Not just a job, but a career, with an opportunity to do the best work of your life


Learn more about Life@Schwab.
Charles Schwab & Co., Inc. is an equal opportunity and affirmative action employer committed to diversifying its workforce. It is Schwab's policy to provide equal employment opportunities to all employees and applicants without regard to race, color, religion, sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), gender identity or expression, national origin, ancestry, age, disability, legally protected medical condition, genetic information, marital status, sexual orientation, protected veteran status, military status, citizenship status or any other status that is protected by law.


Job Specifications
Relocation Offered?: No
Work Schedule: Days
Languages: English - spoken
Current Licenses / Certifications: None
Relevant Work Experience: Financial Services-6+ yrs, Investment Management - 6+ yrs
Position Located In: CO - Lone Tree
Education: BA/BS
Job Type: Full Time

Category:Investment Management & Research
Activation Date: Wednesday, October 11, 2017
Expiration Date: Monday, November 27, 2017
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Brokerage Products: Not FDIC Insured • No Bank Guarantee • May Lose Value

Charles Schwab & Co., Inc. is an equal opportunity and affirmative action employer committed to diversifying its workforce. It is Schwab's policy to provide equal employment opportunities to all employees and applicants without regard to race, color, religion, sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), gender identity or expression, national origin, ancestry, age, disability, legally protected medical condition, genetic information, marital status, sexual orientation, protected veteran status, military status, citizenship status or any other status that is protected by law. Schwab also does not discriminate against applicants or employees because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant.

At Schwab, we believe that every employee, through their diverse abilities and experiences, can contribute to our growth, innovation and client loyalty. We embrace diversity and are committed to providing equal opportunity to all employees and applicants. If you have a disability, and require reasonable accommodations in the application process, call Human Resources at 800-725-3535. We will be happy to assist you. Schwab will only share your accommodation request with those individuals who have a specific need to know. The request for an accommodation will not affect Schwab’s hiring decisions. All other submissions should be performed online.

The Charles Schwab Corporation provides a full range of securities, brokerage, banking, money management, and financial advisory services through its operating subsidiaries. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (“Schwab”), Member SIPC , offers investment services and products, including Schwab brokerage accounts. Its banking subsidiary, Charles Schwab Bank (member FDIC and an Equal Housing Lender), provides deposit and lending services and products.