Transaction Banking, Vendor Management, Vice President

TRANSACTION BANKING

Our mission is simple: provide a global transaction banking platform that is nimble secure and easy for clients use.

Wehave delivereda moderndigital-first transaction bankingplatformto serveGSvaried client base. Our business combines the strength heritage and expertise of a 150-year-old firm with the agility and entrepreneurial spirit of a tech start-updesigned to solve some of the most complex operational needs in the industry. We aim to help our clients achieve Working Capital efficiency gains by optimizing their short term liquidity needs and simplifying their Cash Management operations.

We do so by deliveringa best-in-class digitalsolutionthat helpsclients manage their liquidity movements foreign exchange and payments enabling international treasury operations and commerce.

Were a team of diverseTreasury andPayments specialistshelping our clientssolution andbuild for the future.

JOB SUMMARY AND RESPONSIBILITIES

The Vendor Manager is responsible for strategically managing the organizations relationships with key vendors ensuring optimal value performance and compliance. This role encompasses the full lifecycle of vendor engagement from selection and contract negotiation to performance monitoring risk mitigation and technology integration. The Vendor Manager will drive cost efficiencies foster innovation and safeguard the organization against vendor-related business risks. Responsibilities include but are not limited to:

• Contract Management:
  • Oversee the entire contract lifecycle for Information Technology vendors (software hardware and IT professional services) including drafting review negotiation execution and renewal of vendor agreements.
  • Ensure all contracts align with organizational policies legal requirements and business objectives.
  • Monitor contract compliance terms and conditions identifying and addressing any deviations or breaches.
  • Maintain a centralized repository of vendor contracts and related documentation.
• Negotiation & Relationship Management:
  • Lead and execute complex negotiations with vendors to secure favorable terms pricing service level agreements (SLAs) and performance metrics.
  • Develop and maintain strong collaborative relationships with key vendors acting as the primary point of contact.
  • Conduct regular business reviews with vendors to assess performance discuss strategic initiatives and address issues.
  • Drive continuous improvement and innovation through vendor partnerships.
• Vendor Technology Management:
  • Evaluate vendor capabilities and technological offerings to ensure alignment with the organizations strategic technology roadmap and business needs.
  • Collaborate with IT and business units to assess the integration scalability and security of vendor technologies.
  • Stay abreast of market trends and emerging technologies relevant to vendor services recommending strategic adjustments as needed.
  • Manage vendor-provided software hardware and service solutions ensuring they meet operational requirements.
• Business Risk Management:
  • Identify assess and mitigate potential business risks associated with vendor relationships including operational financial security data privacy compliance and reputational risks.
  • Develop and implement vendor risk assessment frameworks and due diligence processes.
  • Ensure vendors adhere to the organizations security policies regulatory requirements and ethical standards.
  • Develop contingency plans and exit strategies for critical vendor services.
• Performance Monitoring & Reporting:
  • Define track and report on key performance indicators (KPIs) and SLAs for all managed vendors.
  • Analyze vendor performance data to identify trends areas for improvement and opportunities for cost savings.
  • Prepare and present regular reports on vendor performance risk posture and strategic initiatives to senior management.
• Strategic Sourcing & Procurement Support:
  • Collaborate with procurement teams on vendor selection processes including RFI/RFP development and evaluation.
  • Contribute to the development of vendor management strategies and policies.

QUALIFICATIONS

• Bachelors degree in Business Administration Supply Chain Management Information Technology Finance or a related field.
• Minimum of 10 years of progressive experience in Information Technology vendor management procurement contract management or a related strategic sourcing role
• Proven track record of successful negotiation and contract execution.
• Experience managing technology vendors and understanding IT service delivery models.
• Demonstrated experience in developing and implementing vendor risk management frameworks.
• Exceptional negotiation and communication (written and verbal) skills.
• Strong analytical and problem-solving abilities with a keen eye for detail.
• Proficiency in contract law principles and best practices.
• Solid understanding of IT infrastructure software and service delivery models.
• Ability to manage multiple projects and priorities in a fast-paced environment.
• Strong leadership and interpersonal skills with the ability to influence and build consensus.

ABOUT GOLDMAN SACHS

At Goldman Sachs we commit our people capital and ideas to help our clients shareholders and the communities we serve to grow. Founded in 1869 we are a leading global investment banking securities and investment management firm. Headquartered in New York we maintain offices around the world.

We believe who you are makes you better at what you do. Were committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally from our training and development opportunities and firmwide networks to benefits wellness and personal finance offerings and mindfulness programs. Learn more about our culture benefits and people at .

Were committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https:// The Goldman Sachs Group Inc. 2025. All rights reserved.

Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race color religion sex national origin age veterans status disability or any other characteristic protected by applicable law.