Job Description

Vendor Management Analyst

Millennium is a global, diversified alternative investment firm, founded in 1989, which manages $84 billion in assets. Defined by evolution, innovation and focus, Millennium's mission is to deliver high-quality returns for our investors. Millennium seeks to empower talented professionals with the sophisticated expertise, resources and technology to pursue a diverse range of investment strategies across industry sectors, asset classes and geographies.


Job Function Summary -

We are looking for an analytical and results-oriented Vendor Management Analyst to join our Procurement & Vendor Management team. Day-to-day, you will be collaborating with internal business partners to create, review, & maintain the vendor master in our ERP system, Oracle. The ideal candidate will be process driven, an excellent communicator and has a passion for developing great stakeholder relationships. The Vendor Management Analyst plays a key role in vendor onboarding requests, updating & validating data for existing suppliers, resolving vendor set up & payment issues with our internal accounts and payment partners. This role is ideal for a self-motivated individual leader that loves to drive process improvement and can act as a subject matter expert in the area of ERP & data management.

Principal Responsibilities -

  • Coordinate with suppliers to collect required information in order to conduct proper due diligence (banking, tax forms, & incorporation documentation).

  • Maintain accurate vendor records in Oracle/VM Tool, including banking, tax, and remittance details, ensuring data quality to support timely and correct payments.

  • Foster collaborative relationships with cross-functional stakeholders across the firm, including various internal teams.

  • Solid understanding of procure-to-pay or accounts payable flows, especially payment processing.

  • Support the development of firm-wide protocol for Vendor Onboarding requirements (e.g., updated documentation, valid tax forms. Etc.)

  • Create reporting and metrics to measure, manage and improvement opportunities.

  • Coordinate with internal stakeholders and vendors, providing solutions, support, and customer service.

  • Ensure timely and accurate processing of requisitions and purchase orders.

  • Assist with the sourcing and onboarding of new vendors, ensuring adherence of all policies and procedures.

  • Monitor and mitigate risks associated with procurement activities.

  • Qualifications/Skills Required -

  • Bachelor’s Degree in business or other management discipline, such as supply chain management.

  • Minimum of 3+ years sourcing / procurement experience (financial services experience preferred) with specific emphasis on vendor onboarding.

  • Exceptional project management skills and the ability to lead projects from start to finish; ability to resolve open issues.

  • Excellent communication skills, both verbal and written, with solid business judgment.

  • Quick learner, detail oriented, demonstrable thoroughness and strong ownership of work.

  • Able to prioritize and perform with a high sense of urgency in a fast moving, high pressured, and constantly changing environment.

  • Demonstrated success in balancing the need for efficiency and scale with client satisfaction and a sense of high touch service delivery.

  • Ability to get up to speed quickly on new vendor engagements, shift gears and balance multiple topics concurrently.

  • Proven ability to build relationships both internally and externally and integrate with a broader team.

  • Sourcing and procurement experience in both technology and non-technology categories of spend.

  • Experience with Oracle or Procure-to-Pay systems.

  • Ability to actively listen and engage in conversation to uncover relevant information and identify solutions.

  • Strong problem solving skills and ability to work in a structured manner.

  • Team player with a strong willingness to participate and help others.

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