Director Vendor Management Bank Jobs (NOW HIRING)

Ally and Your Career Ally Financial only succeeds when its people do - and that’s more than some cliché people put on job postings. We love this stuff! We see our people as, well, people - with interests, families, friends, dreams, and causes that are all important to them. Our focus is on the health and safety of our teammates as well as work-life balance and diversity and inclusion. From generous benefits to a variety of employee resource groups, we strive to build paths that encourage employees to stretch themselves professionally. We want to help you grow, develop, and learn new things. You’s constantly evolving, so shouldn’t your opportunities be, too?

Ally designates roles as (1) fully on-site, (2) hybrid, or (3) fully remote. Hybrid roles are generally expected to be in the office a certain number of days per week as indicated by your manager. Your hiring manager will discuss this role's specific work requirements with you during the hiring process. All work requirements are subject to change at any time based on leader discretion and/or business need.

The Ally Supply Chain organization is seeking a strategic and operationally savvy Director of Vendor Management to lead the consolidation and centralization of vendor management activities currently federated across our business lines. This is a critical leadership role focused on unifying existing practices, people, and processes into a single, cohesive vendor management function bringing consistency, efficiency, and stronger oversight to our third-party relationships. Reporting to the Head of Sourcing, this leader will work within a third-party risk management (TPRM) framework, including established policies, standards, and compliance requirements, and will be responsible for operationalizing that framework through a newly centralized vendor management model within Ally Supply Chain. The focus is not building policy from scratch, but rather driving adoption, alignment, and execution across the organization. Experience in financial services is strongly preferred, as our vendor landscape includes highly regulated and compliance-sensitive partnerships.

Lead the design, build, pilot and scaling of a consolidated vendor management function through partnerships with business line leaders and stakeholders to transition responsibilities and enhance existing third-party framework. Standardize vendor onboarding, performance monitoring, and offboarding processes in alignment with existing TPRM policies. Establish a consistent governance cadence including KPIs, SLAs, scorecards, business reviews, and escalation protocols across all vendor relationships. Serve as the primary liaison between the vendor management team and the existing third-party risk management function. Ensure consistent application of due diligence, risk assessment, and audit requirements across vendor relationships. Partner with Finance, Legal, IT, Risk, and business unit leaders to align vendor strategy with organizational needs. Drive a culture of continuous improvement in vendor relationships and service delivery. Manage and develop a team of vendor management professionals, fostering a high-performance culture.

• Bachelor’s degree in business administration, Finance, Supply Chain Management, or a related field required; MBA or advanced degree preferred but not required.
• 10+ years of experience in vendor management, procurement, strategic sourcing, or supply chain management.
• Financial services industry experience is strongly preferred along with experience managing technology vendors.
• Demonstrated experience centralizing or consolidating a federated vendor management function.
• Experience operating within an established TPRM or risk governance framework, executing policy requirements.
• Experience leading and developing a vendor management team.
• Track record of managing complex, multi-vendor portfolios across enterprise environments.
• Familiarity with change management principles as they apply to organizational consolidation and process standardization.
• Strong financial acumen including cost-benefit analysis, budget management, and spend analytics.
• Proficiency with vendor management software and contract lifecycle management systems (e.g., Coupa, CLM, etc.).
• Proficiency in Microsoft Office Suite; ability to develop executive-level presentations and reporting.

Minimum Qualifications 9+ years of relevant experience or equivalent combination of education and experience

High school Diploma or GED equivalent

Ally's compensation program offers market-competitive base pay and pay-for-performance incentives (bonuses) based on achieving personal and company goals. Our Total Rewards program includes industry-leading compensation and benefits plus additional incentives that are designed to meet your needs and those of your family so you can get the most out of your career and your life, including:

• Time Away: Program starts at 20 paid time off days in addition to 11 paid holidays and 8 hours of volunteer time off yearly (time off days are prorated based on start date and program varies based on full or part-time status and management level).
• Planning for the Future: plan for the near and long term with an industry-leading 401K retirement savings plan with matching and company contributions, student loan pay downs and 529 educational save up assistance programs, tuition reimbursement, employee stock purchase plan, and financial learning center and financial coach access.
• Supporting your Health & Well-being: flexible health and insurance options including medical, dental and vision, employee, spouse and child life insurance, short- and long-term disability, pre-tax Health Savings Account with employer contributions, Healthcare FSA, critical illness, accident & hospital indemnity insurance, and a total well-being program that helps you and your family stay on track physically, socially, emotionally, and financially.
• Building a Family: adoption, surrogacy and fertility assistance as well as paid parental and caregiver leave, Dependent Day Care FSA back-up child and adult/elder care days and childcare discounts.
• Work-Life Integration: other benefits including Mentally Fit Employee Assistance Program, subsidized and discounted Weight Watchers program and other employee discount programs.
• Other Compensations: depending on the role for which you are considered, you may be eligible for travel allowances, relocation assistance, a signing bonus and/or equity.

To view more detailed information about Ally’s Total Rewards, please visit this link: https://www.ally.com/content/dam/pdf/corporate/ally-total-rewards-snapshot.pdf

Ally Financial is a customer-centric, leading digital financial services company with passionate customer service and innovative financial solutions. We are relentlessly focused on "Doing it Right" and being a trusted financial-services provider to our consumer, commercial, and corporate customers. For more information, visit www.ally.com.

Ally is an equal opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to age, race, color, sex, religion, national origin, disability, sexual orientation, gender identity or expression, pregnancy status, marital status, military or veteran status, genetic disposition or any other reason protected by law.

In accordance with the Americans with Disabilities Act, if after review of the position expectations, you believe that you may need a medical accommodation to fulfill the duties of this role, please email hrpolicy@ally.com with details of your accommodation request.

Base Pay Range $125,000.00 - $190,000.00

An individual's position in the range is determined by the specific role, the scope and responsibilities of the role, work experience, education, certification(s), training, and additional qualifications. We review internal pay, the competitive market, and business environment prior to extending an offer.

Incentive Compensation: This position is eligible to participate in our annual incentive plan.

We're a leading financial services company serving over 11M customers through banking, auto financing, insurance and investment services. Our team's approach of celebrating differences and lifting each other up is consistently recognized on Fortune's 100 Best Companies to Work For list. Here, you'll find people who care about doing work that matters and making an impact in the communities we serve. Good enough is never enough for us — we're always looking for ways to be better, together.