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Job Details


MetLife

Technology Vendor Strategy Consultant I (896501000A0)

Business and Financial Operations

All

Yearly

No

Cary, North Carolina, United States

Technology Vendor Strategy Consultant I

Location: Cary, NC

Hybrid role (3 days in office, 2 days work from home)

Technology Vendor Strategy Consultant I within Technology Vendor Strategy and Relations for Global Technology. Its primary accountability is to work with Technology providers to ensure their in-scope technical solutions are consistent with the Enterprise IT and Business Strategy and Architecture. This role partners with IT Leaders to assist in the implementation and delivery against the IT and Vendor Strategy, partnering with Global Procurement, GTO, and the Business in RFP creation, business requirements, Service Levels, supporting negotiations of technical deals to reduce risk, enhance value, and ensure cost optimization. This role provides subject matter expertise that ensures high quality of Services with industry leading commercial agreements. responsibility includes building strong partnerships with global business stakeholders, collaborate with cross-functional teams and internal stakeholders including the MetLife Business, Legal, Compliance, Risk Management, Architecture, InfoSec, IT, Global Procurement, and others to ensure alignment with MetLife’s policies and procedures, where necessary. This role also serves to support supplier-related issues and closure with escalation to senior management and suppliers, driving change management, and supporting Technology Strategic Sourcing positioning.  The role will also hold a responsibility for supporting and maintaining key relationships with some of our Strategic Partners and ensuring operational compliance.

Key Responsibilities:

  • Role supports technology supplier footprint of $100M+ in annual spend with key global supplier relationships; maximizes supplier value to MetLife through contractual provisions and holding suppliers accountable for delivery in accordance with their contractual obligations.
  • Assist in the implementation of the consolidation and reduction of 3K+ technology supplier footprint, driving optimization and simplification across the Technology ecosystem by enforcing IT Controls and Vendor Strategy alignment.
  • Actively works with procurement and other cross-functional teams on all technical requirements and performance standards, providing subject matter expertise and alignment to GTO’s strategic plan to also seek more savings and better contractual terms for MetLife. This involves collaborating with key stakeholders to identify risks and recommend alternatives to mitigate such risks.
  • Working with Employee Relations/legal to ensure a consistent process and governance and alignment to MetLife’s policies and procedures.
  • Supports technical vendor negotiations, as supporting SME, including terms and provides strategic risk decisions (ex: length of term, service levels, contractual/operating models, etc.)
  • Ability to conduct/support financial analysis on technology vendors
  • Advises on structuring service level agreements and leads ongoing supplier performance management.
  • Analysis and closure of supplier-related issues with senior management, process change management, alignment to IT Strategy, and serving as the authority for critical issue escalation to closure. 
  • Engages with Industry experts and tooling to have knowledge of current on Industry trends
  • Responsible for understanding and assisting execution of financial and contractual agreements and Service Levels with IT Vendors
  • Responsible for Service Level Penalty Enforcement and tracking.
  • Responsible for coordinating/developing performance improvements with/for external Service providers, as needed.
  • Supports audits of external service providers as necessary
  • Supports activities involving facilitation of the Technology Vendor Strategy & Relations (TVSR) Service Catalog and processes, including volume discount analysis, supplier rebate closure, vendor credits, Visa Letter process.

Key Requirements

  • Bachelor's Degree
  • Strong strategic critical thinker with proven track record of driving and delivering enterprise-wide initiatives
  • Ability to manage multiple large-scale projects with general supervision (can work independently)
  • Ability to work in a fast-paced environment
  • Ability to create presentation decks
  • Strong analytical skills, Data Analytics and Insights with excellence in Excel; great with numbers
  • Deep understanding of supplier contracts and structure with an eagerness to further develop that understanding
  • Deep understanding of SLAs, KPI and other performance measures, methodology, and milestones
  • Translating contract terms into effective on-going supplier performance monitoring and contract compliance
  • Work hand-in-hand with IT functional leaders, their orgs, Global Procurement, Legal and Finance departments to negotiate best in class deals and then monitor vendor performance on those deals
  • Managing escalations and knowing when to escalate around assigned vendors
  • Financial knowledge preferred (Payments, invoicing, accruals, calculation and application of credits)
  • Ability to execute in accordance with assigned duties and planned deliverables

Business Category

Global Technology & Operations

Number of Openings

1

At MetLife, we’re leading the global transformation of an industry we’ve long defined. United in purpose, diverse in perspective, we’re dedicated to making a difference in the lives of our customers.”

MetLife:

MetLife, through its subsidiaries and affiliates, is one of the world’s leading financial services companies, providing insurance, annuities, employee benefits and asset management to help its individual and institutional customers navigate their changing world. Founded in 1868, MetLife has operations in more than 40 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East.

We are one of the largest institutional investors in the U.S. with $642.4 billion of total assets under management as of March 31, 2021. We are ranked #46 on the Fortune 500 list for 2021. In 2020, we were named to the Dow Jones Sustainability Index (DJSI) for the fifth year in a row. DJSI is a global index to track the leading sustainability-driven companies. We are proud to have been named to Fortune magazine's 2021 list of the "World's Most Admired Companies."

MetLife is committed to building a purpose-driven and inclusive culture that energizes our people. Our employees work every day to help build a more confident future for people around the world.

We want to make it simple for all interested and qualified candidates to apply for employment opportunities with MetLife. For further information about how to request a reasonable accommodation, please click on the Disability Accommodations link below.

MetLife is a proud Equal Employment Opportunity and Affirmative Action employer dedicated to attracting, retaining, and developing a diverse and inclusive workforce. All qualified applicants will receive consideration for employment at MetLife without regards to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.

MetLife maintains a drug-free workplace.

Requisition #: 126413