IT Vendor Management Analyst III

Department: IT Delivery Office

This is a remote position available to candidates residing in the following states: AL, AK, AR, AZ, CA, CO, FL, GA, IA, ID, IN, KS, KY, LA, MD, MI, MN, MO, MS, NC, ND, NE, NH, NM, NV, NY, OH, OK, OR, PA, SC, TN, TX, UT, VA, WA, WI, WV & WY.

About the Role

This position has ownership of managing complex IT vendor relationships, negotiating high-value contracts, and driving operational efficiencies. The role requires advanced analytical, strategic, and communication skills to deliver measurable outcomes aligned with organizational goals.

Responsibilities

• Lead the design and execution of IT vendor management strategies to maximize return on investment (ROI) and operational efficiency.
• Manage IT vendor management process enhancement and redesign efforts to streamline delivery.
• Review, analyze, and make recommendations regarding the effectiveness and efficiency of existing systems and processes.
• Manage IT vendor relationships and oversee IT vendor performance evaluations, providing actionable recommendations to leadership.
• Work independently and with a team with minimal oversight to negotiate high-value IT contracts and ensure favorable outcomes for the organization.
• Develop comprehensive metrics, KPIs, and reporting mechanisms for executive-level presentations and decision-making.
• Assist, develop, implement, and serve as a subject matter expert on IT vendor management policies and best practices.
• Collaborate with finance and legal teams to manage budgets, total cost of ownership, and compliance risks.
• Mentor junior team members, providing guidance and training on IT vendor management practices.
• Provide training and coaching to customers on the management of IT vendor relationships and contracts.
• Partner with internal stakeholders to align IT vendor performance with organizational objectives.
• Communicate effectively with leaders at all levels of the organization.

Requirements

• Bachelor’s degree in business, health administration, procurement, information systems, or a related field; and 4 years of progressive experience in IT vendor management, strategic sourcing, or procurement operations; or an equivalent combination of education and experience.
• Extensive experience in contract negotiation, vendor performance evaluation, and cost-saving initiatives.
• Demonstrated ability to lead and manage complex projects and cross-functional teams.
• Strong analytical, financial, problem-solving, conflict resolution, and strategic planning skills, including experience with ROI and total cost of ownership analysis.
• Proficiency in vendor management systems and advanced reporting tools.

Preferred Qualifications

• Vendor management experience in a healthcare setting.
• Experience in a large or highly matrixed organization.

Pay

Estimated pay range: $37.14 - $61.90 per hour. Actual pay determined at offer will be based on years of relevant work experience, education, certifications, skills, and geographic location, along with a review of current employees in similar roles to ensure pay equity is achieved and maintained.

Benefits

Banner Health offers a variety of benefit plans to support health and financial security, allowing you to focus on your work and personal life. Benefits include comprehensive health and financial security options.