Sr. Manager, Supplier & Contract Management

Sr. Manager Supplier & Contract Management

As an integral part of the Supplier & Contract Management leadership team the position is responsible for ensuring the delivery of some of Thomson Reuters most important global contracts and third-party supplier relationships through rigorous governance in order to achieve maximum value for investment and to optimize 360-degree relationships (buy from sell to partner with).

The Sr. Manager Supplier & Contract Management performs the ongoing and daily activities for managing global contracts that provide application development and maintenance (ADM) services.

About the Role

In this opportunity as a Sr. Manager Supplier & Contract Management you will :

• Ensure the delivery of contracted ADM services supporting both critical internal business applications and / or customer-facing applications including Thomson Reuters flagship products
• Act as Thomson Reuters subject matter expert for assigned supplier contracts
• Act as an escalation point on supplier matters liaising with and advising the business and TR senior leaders as necessary to achieve the best outcome for Thomson Reuters
• Manage and negotiate to resolve major disputes including on SLAs unit rates and contract compliance to minimize commercial leakage and risk while sustaining healthy partnerships with suppliers
• Control costs and limit financial risk and exposure through managing contracts and negotiating contract changes and settlements
• Ensure contract deliverables and obligations as well as stakeholder expectations are met using Obligation Management practices and tools
• Diagnose supplier performance and compliance issues relating to the contract as well as recommend options and secure buy-in for plans to improve supplier performance / compliance
• Manage draft redline and negotiate contract changes including amendments and change requests and secure internal buy-in / approvals
• Implement a methodology for price and performance benchmarking to ensure agreements remain commercially optimized over time
• Implement best practice contract and commercial governance to reduce value leakage and erosion including adoption of a commercial issues log and leading contract and commercial governance meetings
• Support 360-degree supplier relationship assessments and efforts (buy-from sell-to and partner-with)
• Drive creation of formal supplier strategies in coordination with the business stakeholders and senior leaders
• Support Executive Business Review meetings and planning to align executives of Thomson Reuters and our most important suppliers on how to optimize the 360-degree relationship (buy-from sell-to partner-with)
• Represent Supplier & Contract Management in operational / service management governance forums with strategic suppliers
• Manage contract terminations for cost-efficient and successful contract exits
• Manage a small team (1-3) of direct reports

Scope of Impact :

About You

Youre a fit for the role of Sr. Manager Supplier & Contract Management if your background includes :

Additional items for consideration :

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Whats in it For You

Hybrid Work Model : Weve adopted a flexible hybrid working environment (2-3 days a week in the office depending on the role) for our office-based roles while delivering a seamless experience that is digitally and physically connected.

Flexibility & Work-Life Balance : Flex My Way is a set of supportive workplace policies designed to help manage personal and professional responsibilities whether caring for family giving back to the community or finding time to refresh and reset. This builds upon our flexible work arrangements including work from anywhere for up to 8 weeks per year empowering employees to achieve a better work-life balance.

Career Development and Growth : By fostering a culture of continuous learning and skill development we prepare our talent to tackle tomorrows challenges and deliver real-world solutions. Our Grow My Way programming and skills-first approach ensures you have the tools and knowledge to grow lead and thrive in an AI-enabled future.

Industry Competitive Benefits : We offer comprehensive benefit plans to include flexible vacation two company-wide Mental Health Days off access to the Headspace app retirement savings tuition reimbursement employee incentive programs and resources for mental physical and financial wellbeing.

Culture : Globally recognized award-winning reputation for inclusion and belonging flexibility work-life balance and more. We live by our values : Obsess over our Customers Compete to Win Challenge (Y)our Thinking Act Fast / Learn Fast and Stronger Together.

Social Impact : Make an impact in your community with our Social Impact Institute. We offer employees two paid volunteer days off annually and opportunities to get involved with pro-bono consulting projects and Environmental Social and Governance (ESG) initiatives.

Making a Real-World Impact : We are one of the few companies globally that helps its customers pursue justice truth and transparency. Together with the professionals and institutions we serve we help uphold the rule of law turn the wheels of commerce catch bad actors report the facts and provide trusted unbiased information to people all over the world.

In the United States Thomson Reuters offers a comprehensive benefits package to our employees. Our benefit package includes market competitive health dental vision disability and life insurance programs as well as a competitive 401k plan with company addition Thomson Reuters offers market leading work life benefits with competitive vacation sick and safe paid time off paid holidays (including two company mental health days off) parental leave sabbatical leave. These benefits meet or exceeds the requirements of paid time off in accordance with any applicable state or municipal laws. Finally Thomson Reuters offers the following additional benefits : optional hospital accident and sickness insurance paid 100% by the employee; optional life and AD&D insurance paid 100% by the employee; Flexible Spending and Health Savings Accounts; fitness reimbursement; access to Employee Assistance Program; Group Legal Identity Theft Protection benefit paid 100% by employee; access to 529 Plan; commuter benefits; Adoption & Surrogacy Assistance; Tuition Reimbursement; and access to Employee Stock Purchase Plan.

About Us

Thomson Reuters informs the way forward by bringing together the trusted content and technology that people and organizations need to make the right decisions. We serve professionals across legal tax accounting compliance government and media. Our products combine highly specialized software and insights to empower professionals with the data intelligence and solutions needed to make informed decisions and to help institutions in their pursuit of justice truth and transparency. Reuters part of Thomson Reuters is a world leading provider of trusted journalism and news.

As a global business we rely on the unique backgrounds perspectives and experiences of all employees to deliver on our business goals. To ensure we can do that we seek talented qualified employees in all our operations around the world regardless of race color sex / gender including pregnancy gender identity and expression national origin religion sexual orientation disability age marital status citizen status veteran status or any other protected classification under applicable law. Thomson Reuters is proud to be an Equal Employment Opportunity Employer providing a drug-free workplace.

Thomson Reuters makes reasonable accommodations for applicants with disabilities including veterans with disabilities and for sincerely held religious beliefs in accordance with applicable law. If you reside in the United States and require an accommodation in the recruiting process you may contact our Human Resources Department at . Disability accommodations in the recruiting process may include things like a sign language interpreter making interview rooms accessible providing assistive technology or other relevant accommodations. Please note this email is not intended for general recruitment questions and we will promptly respond to inquiries regarding accommodations. More information on requesting an accommodation here .

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More information about Thomson Reuters can be found on .

Required Experience :

Manager

Key Skills

Project / Program Management,Change Management,Succession Planning,Procurement,Program Management,ISO 9001,Lean Six Sigma,Quality Systems,Quality Management,Supplier Management,HACCP,As9100

Employment Type : Full-Time

Experience : years

Vacancy : 1

Monthly Salary Salary : 99400 - 184600