Director - Vendor Management

About the role

Ally Financial sees its people as individuals with interests, families, friends, dreams, and causes that matter to them. The company prioritizes health, safety, work-life balance, and diversity and inclusion, offering generous benefits and employee resource groups to support professional growth and personal development.

The Ally Supply Chain organization is seeking a strategic and operationally savvy Director of Vendor Management to lead the consolidation and centralization of vendor management activities currently federated across business lines. Reporting to the Head of Sourcing, this leader will unify existing practices, people, and processes into a single, cohesive vendor management function, ensuring consistency, efficiency, and stronger oversight of third-party relationships within a third-party risk management (TPRM) framework. The role focuses on driving adoption, alignment, and execution of established policies and standards rather than building policy from scratch.

Experience in financial services is strongly preferred, as the vendor landscape includes highly regulated and compliance-sensitive partnerships.

Responsibilities

• Lead the design, build, pilot, and scaling of a consolidated vendor management function in partnership with business line leaders and stakeholders to transition responsibilities and enhance the existing third-party framework.
• Standardize vendor onboarding, performance monitoring, and offboarding processes in alignment with existing TPRM policies.
• Establish a consistent governance cadence including KPIs, SLAs, scorecards, business reviews, and escalation protocols across all vendor relationships.
• Serve as the primary liaison between the vendor management team and the existing third-party risk management function.
• Ensure consistent application of due diligence, risk assessment, and audit requirements across vendor relationships.
• Partner with Finance, Legal, IT, Risk, and business unit leaders to align vendor strategy with organizational needs.
• Drive a culture of continuous improvement in vendor relationships and service delivery.
• Manage and develop a team of vendor management professionals, fostering a high-performance culture.

Qualifications

• Bachelor’s degree in business administration, Finance, Supply Chain Management, or a related field required; MBA or advanced degree preferred but not required.
• 10+ years of experience in vendor management, procurement, strategic sourcing, or supply chain management.
• Financial services industry experience is strongly preferred, along with experience managing technology vendors.
• Demonstrated experience centralizing or consolidating a federated vendor management function.
• Experience operating within an established TPRM or risk governance framework, executing policy requirements.
• Experience leading and developing a vendor management team.
• Track record of managing complex, multi-vendor portfolios across enterprise environments.
• Familiarity with change management principles as they apply to organizational consolidation and process standardization.
• Strong financial acumen including cost-benefit analysis, budget management, and spend analytics.
• Proficiency with vendor management software and contract lifecycle management systems (e.g., Coupa, CLM, etc.).
• Proficiency in Microsoft Office Suite; ability to develop executive-level presentations and reporting.

Minimum Qualifications

• 9+ years of relevant experience or equivalent combination of education and experience.
• High school Diploma or GED equivalent.

Pay

Base Pay Range: $125,000.00 – $190,000.00

An individual’s position in the range is determined by the specific role, scope and responsibilities, work experience, education, certification(s), training, and additional qualifications. Pay decisions consider internal equity, the competitive market, and business environment prior to extending an offer.

This position is eligible to participate in our annual incentive plan.

Benefits

• Time Away: 20 paid time off days plus 11 paid holidays and 8 hours of volunteer time off yearly (prorated based on start date and program varies by full or part-time status and management level).
• Planning for the Future: 401(k) retirement savings plan with matching and company contributions, student loan paydowns, 529 educational savings assistance, tuition reimbursement, employee stock purchase plan, and access to financial learning and coaching.
• Supporting your Health & Well-being: Flexible health and insurance options (medical, dental, vision), life insurance (employee, spouse, child), short- and long-term disability, pre-tax Health Savings Account with employer contributions, Healthcare FSA, critical illness, accident & hospital indemnity insurance, and a total well-being program.
• Building a Family: Adoption, surrogacy, and fertility assistance; paid parental and caregiver leave; Dependent Day Care FSA; backup child and adult/elder care days; and childcare discounts.
• Work-Life Integration: Mentally Fit Employee Assistance Program, subsidized Weight Watchers® program, and other employee discount programs.
• Other Compensation: Depending on the role, eligibility for travel allowances, relocation assistance, a signing bonus, and/or equity.