Imagine a workplace that encourages you to interpret, innovate and inspire. Our employees do just that by helping healthcare payers manage the cost of care, improve competitiveness and inspire positive change. You can be part of an established company with a 40-year legacy that helps our customers thrive by interpreting our client's needs and tailoring innovative healthcare cost management solutions.

Our commitment to diversity, inclusion and belonging are part of the fabric of our company. We strive to create a workplace that fosters mutual respect and collaboration, where every talent individual can participate and perform their best work. We are MultiPlan and we are where bright people come to shine!

JOB SUMMARY:

This role is responsible for collaborating with Business Owners, Technology Teams, Finance and Legal departments in the development and ongoing assessment of IT vendor relationships. This role will develop, implement, and maintain appropriate processes and procedures to ensure efficient oversight of the Company's IT vendors and vendor lifecycle.

JOB ROLES AND RESPONSIBILITIES:
1. Lead Complex, enterprise-wide sourcing initiatives and contract negotiations.
2. Conduct market research and maintain a working knowledge of current business trends including industry changes, cost drivers, pricing, market conditions, and economic indicators in order to identify new and/or alternate sources of supply, as needed.
3. Conduct ongoing benchmark reviews and perform complex financial analysis, projections and evaluations of vendor proposals for existing and new contracts
4. Influence and drive collaboration between cross-functional stakeholders for the development and execution of enterprise sourcing strategies to identify cost savings opportunities and facilitate strong partnerships between MulitPlan and its strategic vendors.
5. Research and qualify potential new vendors that have the ability to support organizational needs. Assess vendor's products and services. Negotiate pricing and contract terms.
6. Responsible for vendor lifecycle management, cultivating and maintaining new and existing relationships between the organization, business owners and vendors. Establish standards to assess the performance of approved vendors.
7. Review processes and procedures and support ongoing vendor lifecycle enhancement projects. Evaluate current vendor management processes and identify ways to improve them
8. Develop and ensure proper agreements (Master Services Agreements, Statements of Work, etc) are in place with vendors that adhere to internal, client and regulatory standards.
9. Develop and issue Request for Information (RFI) and/or Request for Proposal (RFP) to tie current company priorities to potential vendors. Ensure that:
o vendor is a viable, reliable business partner via a thorough due diligence process.
o vendors are compliant in meeting the terms of the contract, and that remedies are in place for vendor non-compliance to the terms of contract
o processes are in place to effectively measure vendor performance against contract
10. Develop vendor metrics and monthly status reports; review, track, monitor and report on vendor results; identify, track and resolve issues by proposing viable solutions.
11. Establish and manage vendor project meetings, internal stakeholder surveys, business reviews to gauge vendor performance. Identify and resolve any issues and concerns as necessary. Prepare an issue escalation process to quickly and effectively address vendor performance issues.
12. Establish and cultivate strong working relationships with all vendors and stakeholders to ensure that vendors are meeting contract provisions and providing cost effective solutions.
13. Collaborate, coordinate, and communicate across disciplines and departments.
14. Ensure compliance with HIPAA regulations and requirements.
15. Ensure compliance to MultiPlan security provisions.
16. Demonstrate commitment to the Company's core values.
17. The position responsibilities outlined above are in no way to be construed as all encompassing. Other duties, responsibilities, and qualifications may be required and/or assigned as necessary.

JOB SCOPE: This role is considered to be an established and experienced professional who knows and actively applies a broad knowledge of principles, practices and procedures. This role works under minimal supervision and is a self-directed and results oriented manager. The incumbent will rely upon an expert understanding of roles and responsibilities of the position to independently complete tasks while remaining within established standards and procedures.

The salary range for this position is $90-95K. Specific offers take into account a candidate's education, experience and skills, as well as the candidate's work location and internal equity. This position is also eligible for health insurance, 401k and bonus opportunity.