Transaction Banking, Vendor Sourcing & Contract Management, Vice President, New

Platform SolutionsIn Platform Solutions (PS), we power clients with innovative and customer-centered financial products. We bring the best qualities of a technology player and combine that with the best attributes of a large bank. PS is comprised of four main businesses, underpinned by engineering, operations, and risk management:Transaction Banking, a cash management and payments platform for clients building a corporate treasury systemEnterprise Partnerships, consumer financial products that companies embed directly within their ecosystems to better serve their end customersETF Accelerator, a platform for clients to launch, list and manage exchange-traded fundsJoin us on our journey to deliver financial products and platforms that prioritize the customer and developer experience.Key Responsibilities:Manage and own the Vendor service relationship on a strategic level.SPoC for senior management and TxB on a strategic Vendor Level.Ensure the appropriate level of strategic focus and governance is dedicated to the partnership.Ensure contracts contain the correct level of Governance, Controls, service, and reporting principles.Managing Vendor Risk within the Third-Party Risk Management framework and divisional risk appetites. Escalation points for commercial, financial and relationship issues.Acts as a key contact to central teams, procurement functions and senior management.Ability to monitor, manage, develop, and drive supplier performance and optimize relationships.Acting as the primary point of contact for Vendor related audit point or findings.Ensure vendor adheres to bank wide regulatory and compliance requirements and risk frameworks.Skills & Qualifications:Significant IT Domain, Vendor management and Service relationship management experience.Solid knowledge of and experience in Service Delivery Management & Supplier Performance Management.Experience of Contract management & Governance.Solid understanding of contract creation, benefits management, and contract financialsExperienced in working with third parties and cross-functional teams.Ability to diagnose improvement areas across processes, tools, and systems.Solid understanding of NFRM, Service Delivery Management and Third-Party Risk Management functions is mandatory.Salary Range The expected base salary for this New York, New York, United States-based position is $125000-$250000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.Benefits Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.Goldman Sachs is an Equal Employment Opportunity / Affirmative Action employer and provides reasonable accommodation for qualified individuals with disabilities and disabled veterans in job application procedures.If you have any difficulty using our online system and you need an accommodation due to a disability, you may use the alternative email address below to contact us about your interest in employment at CareersFeedback@gs.com, or you can send your CV/resume to CareersFeedback@gs.com. From <>Posting Date: 2024-11-21