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Associate Director, CRED Vendor and Contract Services

Employer
Financial Industry Regulatory Authority
Location
Rockville, MD
Closing date
Sep 20, 2020
The Associate Director, CRED Vendor and Contract Services is responsible for managing the relationship with Credentialing, Registration, Education and Disclosure (CRED) vendors. Also, the associate director is responsible for managing the full contract lifecycle for both vendors and clients; this includes the development, administration and monitoring of all CRED vendor and client contracts and other agreements for products and services related to departmental objectives. Other responsibilities include monitoring metrics to ensure contract performance, leading risk mitigation activities, and serving as the primary liaison with FINRA legal in managing the review, approval, execution, and maintenance cycles , turnaround times, and other performance metrics that will drive improved vendor, client and user satisfaction.Essential Job Functions:Manages the development, administration and monitoring of all CRED vendor and client contracts and other agreements for products and services related to departmental objectives, including researching contract issues, managing contracts of varying type, size and complexity.Serves as the primary liaison between legal, procurement, senior management, and other key stakeholders in the contract preparation and negotiation process for our vendors and clients.Works closely with managers who have responsibility for client contracts and other regulatory service agreements to ensure all issues or disputes are addressed in a timely manner and escalated to legal and senior management when necessary.Responsible for managing vendor performance by leading or participating in weekly meetings and organizing periodic business review meetings to continuously monitor and improve vendor effectiveness, and to ensure that all issues, challenges, or risks associated with the delivery of services are appropriately mitigated and addressed in a timely manner.Develops an exit strategy in the event a contract is terminated prematurely or expires naturally.Conducts periodic performance reviews on vendor and client contracts and/or other agreements to ensure compliance.Participates in proposal development activities including preparation of required proposal responses and facilitation of contract pre-award meetings; partners with OGC, senior management, Finance, project leads and other key stakeholders in the creation of contract documents.Work closely with our Finance department and OGC to ensure that all commitments in our contracts and proposals are well defined and understood.Participates in client meetings to provide updates as needed regarding open contract issues, projects, or initiatives, associated with the delivery of services.Supports the generation and review of required invoices for services rendered and consistent with our vendor and client contracts or other agreements.Other Responsibilities:Implements and maintains efficient work processes that will support the consistent collection and retention of vendor and contract documentation.Work with senior management to execute and manage strategic initiatives, and independently lead special projects as assigned.Education/Experience Requirements:Bachelor's Degree in Business Administration and seven (7) or more years of related contracts and vendor management experience; or an equivalent combination of education and experience.Minimum of three (3) years of supervisory experience.Knowledge of the securities industry is desirable.Relationship-building and negotiation skills are an essential part of working with vendors, clients and stakeholders. This involves a broad range of communication skills, problem-solving, accommodation, flexibility, support, understanding and more.Strong leadership, project management and organizational skills with the ability to make decisions and facilitate and support change.Detail-oriented approach to read, analyze and interpret requirements.Strong analytical skills in technical, organizational and business process areas.Ability to work under tight timelines across functional and organizational boundaries.Ability to administer several open, ongoing assignments at any time, including unstructured assignments that require independent judgment.Working Conditions:Work is performed in a standard office environment.Extended hours as needed.To be considered for this position, please submit an application. The information provided above has been designed to indicate the general nature and level of work of the position. It is not a comprehensive inventory of all duties, responsibilities and qualifications required.Please note: If the "Apply Now" button on a job board posting does not take you directly to the FINRA Careers site, enter www.finra.org/careers into your browser to reach our site directly.FINRA strives to make our career site accessible to all users. If you need a disability-related accommodation for completing the application process, please contact FINRA's accommodation help line at 240.386.4865. Please note that this number is exclusively for inquiries regarding application accommodations.In addition to a competitive salary, comprehensive health and welfare benefits, and incentive compensation, FINRA offers immediate participation and vesting in a 401(k) plan with company match. You will also be eligible for participation in an additional FINRA-funded retirement contribution, our tuition reimbursement program and many other benefits. If you would like to contribute to our important mission and work collegially in a professional organization that values intelligence, integrity and initiative, consider a career with FINRA.Important InformationFINRA's Code of Conduct imposes restrictions on employees' investments and requires financial disclosures that are uniquely related to our role as a securities regulator. FINRA employees are required to disclose to FINRA all brokerage accounts that they maintain, and those in which they control trading or have a financial interest (including any trust account of which they are a trustee or beneficiary and all accounts of a spouse, domestic partner or minor child who lives with the employee) and to authorize their broker-dealers to provide FINRA with duplicate statements for all of those accounts. All of those accounts are subject to the Code's investment and securities account restrictions, and new employees must comply with those investment restrictions-including disposing of any security issued by a company on FINRA's Prohibited Company List or obtaining a written waiver from their Executive Vice President-by the date they begin employment with FINRA. Employees may only maintain securities accounts that must be disclosed to FINRA at one or more securities firms that provide an electronic feed (e-feed) of data to FINRA, and must move securities accounts from other securities firms to a firm that provides an e-feed within three months of beginning employment.You can read more about these restrictions here.As standard practice, employees must also execute FINRA's Employee Confidentiality and Invention Assignment Agreement without qualification or modification and comply with the company's policy on nepotism.Search Firm RepresentativesPlease be advised that FINRA is not seeking assistance or accepting unsolicited resumes from search firms for this employment opportunity. Regardless of past practice, a valid written agreement and task order must be in place before any resumes are submitted to FINRA. All resumes submitted by search firms to any employee at FINRA without a valid written agreement and task order in place will be deemed the sole property of FINRA and no fee will be paid in the event that person is hired by FINRA.FINRA is an Equal Opportunity and Affirmative Action EmployerAll qualified applicants will receive consideration for employment without regard to age, citizenship status, color, disability, marital status, national origin, race, religion, sex, sexual orientation, gender identity, veteran status or any other classification protected by federal state or local laws as appropriate, or upon the protected status of the person's relatives, friends or associates.FINRA abides by the requirements of 41 CFR 60-741.5(a). This regulation prohibits discrimination against qualified individuals on the basis of disability, and requires affirmative action by covered prime contractors and subcontractors to employ and advance in employment qualified individuals with disabilities.FINRA abides by the requirements of 41 CFR 60-300.5(a). This regulation prohibits discrimination against qualified protected veterans, and requires affirmative action by covered prime contractors and subcontractors to employ and advance in employment qualified protected veterans. (C) 2020 FINRA. All rights reserved. FINRA is a registered trademark of the Financial Industry Regulatory Authority, Inc.Full time

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