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Vendor Manager

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Randstad

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Location:
Canada , Toronto

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Category:
IT - Administration

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Contract Type:
Not provided

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Salary:

Not provided
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Job Description:

Are you an experienced contract professional with a knack for technology agreements and legal negotiation? A major financial institution is seeking a highly skilled and detail-oriented Vendor Manager to join their dynamic Contracts Management team. This role is crucial to supporting significant bank initiatives, including Project Eagle, and requires a candidate who can confidently navigate complex legal and commercial terms. ... As a Vendor Manager, you will be responsible for the end-to-end lifecycle of a portfolio of contracts, with a primary focus on technology agreements. This includes, but is not limited to, outsourcing, managed services, Statements of Work (SOWs), Software as a Service (SaaS), cloud computing services, hardware purchases, and software licensing. The successful candidate will leverage their subject matter expertise to ensure all agreements adhere to the organization's standards and regulatory requirements.

Job Responsibility:

  • Contract Negotiation & Drafting: Lead and execute the negotiation, review, and drafting of complex contracts, focusing heavily on technology-related agreements, ensuring compliance with internal standards
  • Stakeholder Interface: Act as the primary interface between Sourcing, Legal, internal Business Lines, and external vendors, communicating effectively at all organizational levels, including Senior Management
  • Subject Matter Expertise: Provide expert guidance on contract terms, conditions, and legal implications during the negotiation, implementation, and execution phases
  • Portfolio Management: Organize, influence, and manage a portfolio of contracts, driving negotiations to successful and timely completion
  • Compliance & Review: Review contracts daily to ensure alignment with banking standards and regulatory mandates

Requirements:

  • 5-7 years of demonstrated experience in contract management or a related field
  • Excellent contract drafting and negotiation skills, particularly within IT Contracts (e.g., SaaS, cloud, software licensing)
  • Proven ability to negotiate complex legal terms with internal teams and external vendors
  • Strong broad-based understanding of Information Technology (IT)
  • High proficiency with the MS Office suite of products
  • Exceptional written and verbal communication skills, comfortable and confident communicating at all levels
  • Strong attention to detail and organizational skills
  • Highly organized, proactive, and self-motivated team player with the ability to work independently
  • Proven ability to manage multiple priorities in a fast-paced environment

Nice to have:

  • A post-secondary degree is required
  • a legal background is a significant asset
  • Prior experience in sourcing coupled with contract management experience
  • Negotiation experience within the Financial Industry (FI)
  • Exposure to the regulatory space (working in a regulated environment)
What we offer:
  • Impactful Work: Work on high-profile initiatives, such as Project Eagle, directly impacting a major financial institution
  • Regulatory Exposure: Gain valuable experience operating and negotiating within a complex and demanding regulatory environment
  • Skill Development: Opportunity to continuously hone high-value negotiation and legal drafting skills with a specialized team of 10 members

Additional Information:

Job Posted:
December 27, 2025

Expiration:
February 24, 2026

Employment Type:
Fulltime
Work Type:
Hybrid work
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