Manager, Vendor Management Office (VMO)

As one of the largest and most trusted digital asset platforms globally, we are empowering people to experience the life-changing potential of crypto.

Trusted by over 8 million consumer and pro traders, institutions, and authorities worldwide - our unique combination of products, services, and global expertise is helping tip the scales towards mass crypto adoption.

But we’re only just getting started. We want to be pioneers in crypto and add value to the everyday lives of billions.

Kraken is backed by investors including, Money Partners Group, Hummingbird Ventures, Blockchain Capital, and Digital Currency Group, among others.

"We are empowering people to live simply, efficiently and more connected to others. We put our clients’ best interests first and foremost. They are at the heart of our company and drive everything we do. We believe in having a laser focus when pursuing our strategic goals and participate only in markets where we can make a significant contribution. We believe in complete transparency, deep collaboration and we never forget that people come first. Having this mindset allows us to grow and advance at a rate which others cannot."​ Jesse Powell, CEO of Kraken

Did you know that Kraken is now over 2,500+ fully-remote people from around the world? And we're hiring hundreds more in 2022 #werehiring #cryptocareers

Job Description

Building the Future of Crypto Our Krakenites are a world-class team with crypto conviction, united by our desire to discover and unlock the potential of crypto and blockchain technology.What makes us different? Kraken is a mission-focused company rooted in crypto values. As a Krakenite, you’ll join us on our mission to accelerate the global adoption of crypto, so that everyone can achieve financial freedom and inclusion. For over a decade, Kraken’s focus on our mission and crypto ethos has attracted many of the most talented crypto experts in the world.Before you apply, please read the Kraken Culture page to learn more about our internal culture, values, and mission.As a fully remote company, we have Krakenites in 60+ countries who speak over 50 languages. Krakenites are industry pioneers who develop premium crypto products for experienced traders, institutions, and newcomers to the space. Kraken is committed to industry-leading security, crypto education, and world-class client support through our products like Kraken Pro, Kraken NFT, and Cryptowatch.Become a Krakenite and build the future of crypto!About the Role: The Procurement department within Finance is looking for a Manager, Vendor Management Office (VMO) who will be responsible for participating in the development of a Vendor Management Office that will centralize vendor risk processes associated with vendor intake, vendor segmentation, evaluation, and compliance. This role will help oversee the Vendor Management Policy and Program, and will help facilitate the enabling of the broader Vendor Management team members with tools and resources to standardize the processes for onboarding new vendors, managing existing vendors, monitoring performance and mitigating risk through various metrics. This is an exciting opportunity to be at the forefront of a rapidly expanding industry and contribute to the building of the new global financial system.This role is 100% remote.

What You'll Do:

    • Help design and roll-out a vendor lifecycle management framework to oversee planning and risk assessment, sourcing and selection of new vendors, manage data for vendor performance and manage vendor off-boarding
    • Establish strong relationships with new and existing suppliers
    • Assist in all audits related to supplier management
    • Identify operational deficiencies and escalate them to the appropriate resource before they become problematic
    • Identify risks associated with key vendors and manage / monitor supplier performance against negotiated SLA and MSA terms 
    • Help support the develop of monthly reporting, facilitating Quarterly Business Reviews with key suppliers, and develop Annual Supplier Portfolio Summary report
    • Proactively collaborate with business partners, strategic sourcing and vendor risk stakeholders to operationalize the Vendor Management program, resolve supplier performance issues, and timely resolution
    • Review existing contracts and understand business requirements; formulate guidelines and design standard vendor contract protocols 
    • Deliver relevant training content to business stakeholders to ensure a consistent vendor relationship management framework
    • Supporting other ad hoc projects as needed

Skills You Should HODL:

    • 5+ years of strategic sourcing, procurement or vendor management experience; in a high growth technology environment preferred 
    • Experience working with contracts including understanding of Data Protection Agreements, Master Services Agreements, and execution of Statements of Work and Order Forms
    • Bachelor’s degree from an accredited university preferably in Procurement, Business Administration or related field. MBA/advanced technical degree preferred 
    • Must be comfortable in a ‘roll-up your sleeves’ environment 
    • Strong relationship building, communication and project management to demonstrate project status, key actions, risks and opportunities 
    • Self-directed, able to work independently, as well as work in a team-orientated and fast paced environment 
    • Nimble with ability to take decisive action to address business needs that meet corporate business objectives
    • Ability to navigate through a global framework, handle conflicting priorities and goals
    • Experience in fintech, banking industry and/or financial markets is preferred
    • Experience with cryptocurrencies and knowledge of blockchain technology is preferred
    • Working knowledge of vendor management platforms and tools
Location Tagging : #USKraken is powered by people from around the world and we celebrate all Krakenites for their diverse talents, backgrounds, contributions and unique perspectives. We hire strictly based on merit, meaning we seek out the candidates with the right abilities, knowledge, and skills considered the most suitable for the job. We encourage you to apply for roles where you don't fully meet the listed requirements, especially if you're passionate or knowledgable about crypto!As an equal opportunity employer, we don’t tolerate discrimination or harassment of any kind. Whether that’s based on race, ethnicity, age, gender identity, citizenship, religion, sexual orientation, disability, pregnancy, veteran status or any other protected characteristic as outlined by federal, state or local laws. Stay in the knowFollow us on TwitterLearn on the Kraken BlogConnect on LinkedIn

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