IT Vendor Management

The role

This person will support the governance, oversight, optimization, and financial management of IT vendor relationships and contracts. They will manage vendor performance and licensing agreements across the IT portfolio to reduce cost and strengthen risk oversight.

What you will do

• Manage end-to-end governance, oversight, and optimization of IT vendor relationships, contracts, and service agreements.
• Define and implement vendor governance processes, service review cadences, and performance metrics.
• Develop and maintain an inventory of IT supplier contracts, licensing agreements, and renewal schedules.
• Maintain proactive oversight of contract renewals by tracking timelines and identifying risks.
• Lead IT contract reviews, cost optimization initiatives, and renegotiation activities.
• Establish and mature an IT cost management and FinOps governance framework.
• Collaborate with Finance, Procurement, and IT leadership to support strategic sourcing initiatives.
• Validate supplier risk and security requirements and support vendor risk oversight.
• Prepare executive reports, analyses, and recommendations to support leadership decision-making.
• Provide actionable insights on vendor performance, financial commitments, and risks.

Required qualifications

• 8+ Years of experience managing vendor contracts, licensing agreements, service commitments, renewal tracking, performance reporting, and cost optimization activities.
• Bachelor’s degree in Business, Finance, Information Technology, Supply Chain, Procurement, Contract Management, or a related field; equivalent experience may be considered.

Nice to have

• Advanced coursework or certification in vendor management, procurement, finance, technology management, or IT governance.

Benefits

• Discretionary Annual Bonus based on individual performance and company success
• Health and dental plans with 100% of the premiums covered
• Employee Assistance Program
• Retirement savings options
• Reimbursement for tuition assistance and professional development
• Discounts through Perkopolis
• Rewards and recognition programs

About the company

Momentum Financial Services Group is the team behind Money Mart and a leader in financial solutions for underserved communities. They provide products like short-term loans, money transfers, and prepaid cards.