Description The main transformation initiative is to move from an on-shore to off-shore vendor model where the bank already has 80% of its vendors off-shore in India. Overall, they are looking for a qualified individual in third party risk management/vendor management to reform their VM processes and procedures to help them become more efficient and cost effective. Some of the main responsibilities entail: -Determining who the main employers are, review all vendors in place, determine who is signing the SOW's, approve funding, etc. -Drive strategic sourcing strategy -Identify growth opportunities, and lead end-to-end sourcing initiatives for IT -Identify and optimize outsourcing opportunities. Reviewing IT Contracts library and understand what they should have before they get to legal -Going through the FFIEC handbook and what it should look like to onboard an IT vendor. -Working closely with C level, CIO’s, VP Industry: Banking and Financial Services Location: Downtown Phoenix Pay and Benefits The pay range for this position is $80.00 - $120.00 Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to specific elections, plan, or program terms. If eligible, the benefits available for this temporary role may include the following: • Medical, dental & vision • Critical Illness, Accident, and Hospital • 401(k) Retirement Plan – Pre-tax and Roth post-tax contributions available • Life Insurance (Voluntary Life & AD&D for the employee and dependents) • Short and long-term disability • Health Spending Account (HSA) • Transportation benefits • Employee Assistance Program • Time Off/Leave (PTO, Vacation or Sick Leave) Workplace Type This is a fully onsite position in Phoenix,AZ. Application Deadline This position will be accepting applications until Feb 1, 2025. About TEKsystems: We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity. We are a team of 80,000 strong, working with over 6,000 clients, including 80% of the Fortune 500, across North America, Europe and Asia. As an industry leader in Full-Stack Technology Services, Talent Services, and real-world application, we work with progressive leaders to drive change. That's the power of true partnership. TEKsystems is an Allegis Group company. The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.