Senior Consultant, Procurement & Vendor Management

Posted 2 Days Ago
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Burlington, ON
Hybrid
Senior level
Big Data • Fintech • Information Technology • Business Intelligence • Financial Services • Cybersecurity • Big Data Analytics
The Role
The Senior Consultant for Procurement & Vendor Management at TransUnion will oversee vendor performance, compliance, and risk management within Canada. This role involves monitoring vendor activities, negotiating contracts, ensuring compliance with regulations, and working cross-functionally to support procurement processes.
Summary Generated by Built In

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What We'll Bring:
At TransUnion, we are dedicated to finding ways information can be used to help people make better and smarter decisions. As a trusted provider of global information solutions, our mission is to help people around the world access the opportunities that lead to a higher quality of life, by helping organizations optimize their risk-based decisions and enabling consumers to understand and manage their personal information. Because when people have access to more complete and multidimensional information, they can make more informed decisions and achieve great things.
Every day TransUnion offers our employees the tools and resources they need to find ways information can be used in diverse ways. Whether it is helping businesses better manage risk, providing better insights so a consumer can qualify for their first mortgage or working with law enforcement to make neighborhoods safer, we are improving the quality of life for individuals, families, communities, and local economies around the world.
What You'll Bring:

  • 7 + years of experience in Supplier/Vendor Management, Procurement, and third-party risk management ("TPRM") in a regulated industry, such as financial services.
  • Strong experience in monitoring, managing, and improving vendor performance in a Federally and/or provincially regulated environment.
  • Ability to identify vendor risks and develop solutions to remediate issues that inhibit service delivery.
  • Experience in supporting the creation of exit strategies to enable a smooth transition to a new vendor should the situation require it.
  • Experience of facilitating large scale multinational client audits of our TPRM and Vendor Management controls.
  • Strong experience in commercial contracts, procurement methodologies, purchase to pay, controls, and negotiations in the Canada region.
  • Excellent interpersonal and communication skills with the ability to interact with credibility at all levels of the organization, stakeholders and with suppliers as needed.
  • Ability to work in cross-functional and multi-geographical teams.
  • Ability to independently and set up standards and procurement processes.
  • Ability to manage multiple projects and tasks simultaneously by planning and prioritizing effectively.
  • Microsoft Office i.e., SharePoint, Word, Excel, and PowerPoint.
  • Understanding of key regulation pertaining to financial services i.e., OSFI, provincial regulators.


Impact You'll Make:
The Senior Consultant, Procurement & Vendor Management is responsible to actively support the management of vendors for TU Canada, by monitoring, managing, and reporting on vendor performance, compliance with contractual terms and conditions, mitigating risks and leveraging relationships.
The successful candidate will ensure all TPRM frameworks and governance requirements are met by stakeholders in Canada.
Core Accountabilities/Responsibilities:

  • Oversee the local procurement of all categories of business services for Canada i.e. IT, Professional Services, Facilities, Marketing, HR, etc., including the vetting of new vendors against TU Canada requirements, reviewing contractual requirements to ensure minimum TU standard are met and understanding, coordinating and managing all post-contract execution and compliance.
  • Lead negotiations of contracts, through a range of processes ensuring business requirements are met and risk management strategies in place.
  • Enhance vendor performance through the facilitation of vendor review meetings and the tracking of subsequent improvement plans.
  • Feeding valuable intel and insights into global category plans/strategies
  • Escalate vendor risks, findings, and issues proactively to TPRM, creating remediation plans and monitoring them.
  • Ensure Vendor Inventory and all vendor records are accurate and up to date.
  • Undertake market analysis to identify new opportunities to drive value.
  • Produce insightful reporting / MI for stakeholders and governance meetings through the maintenance of vendor performance scorecards.
  • Administer exit strategy process and documentation and manage all related change management and communication for internal and external stakeholders and committees.


This is a hybrid position and involves regular performance of job responsibilities virtually as well as in-person at an assigned TU office location for a minimum of two days a week.
Accommodation is available, including for applicants with disabilities, in accordance with applicable laws.
TransUnion's Internal Job Title:
Sr Consultant, Procurement

The Company
HQ: Chicago, IL
13,000 Employees
Hybrid Workplace
Year Founded: 1968

What We Do

TransUnion is a global information and insights company that makes trust possible by ensuring that each consumer is reliably and safely represented in the marketplace.

We do this by having an accurate and comprehensive picture of each person.

This picture is grounded in our legacy as a credit reporting agency which enables us to tap into both credit and public record data; our data fusion methodology that helps us link, match and tap into the awesome combined power of that data; and our knowledgeable and passionate team, who stewards the information with expertise, and in accordance with local legislation around the world.

Because of our work, organizations can better understand consumers in order to make more informed decisions, and earn their trust through great, personalized experiences, and the proactive extension of the right opportunities, tools and offers. In turn, consumers can be confident that their data identities will result in the opportunities they deserve.

We make trust possible, so businesses and consumers can transact with confidence and achieve great things. We call this Information for Good®—it’s our purpose, and what drives us every day.

Why Work With Us

Our culture is welcoming, energetic and innovative. There’s an overall synergy that flows throughout TransUnion, creating a sense of unity in knowing that we’re all working to achieve the same overall goal. We’re dedicated to providing opportunities for our people to get involved and stay connected with their colleagues across the globe.

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TransUnion Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Typical time on-site: Flexible
Burlington, ON
Toronto, ON

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