About the Role
INPRS is seeking a strategic Director of Vendor Management to lead an enterprise vendor governance program that drives performance, compliance, transparency, and risk mitigation across third‑party relationships. This role sets agency-wide standards, manages vendor lifecycle practices, and delivers executive‑level reporting.
Key ResponsibilitiesVendor Governance & Framework
Build and enhance vendor management policies, lifecycle processes, and performance standards.
Oversee onboarding, due diligence, performance measurement, risk/issue management, renewals, and vendor exits.
Performance & Value Delivery
Define SLAs and performance metrics; manage scorecards and review cycles.
Lead benchmarking and cost/value optimization initiatives.
Risk & Compliance Oversight
Manage third‑party risk, documentation review, risk monitoring, and remediation coordination.
Provide executive reporting on vendor risk posture, compliance status, and performance trends.
Ensure alignment with NIST, ISO 27001, SOC, and ITIL frameworks.
Cross‑Functional & Team Leadership
Partner with IT, Procurement, Legal, Security, Finance, and business units.
Advise leadership on vendor strategy, improvement opportunities, and innovation.
Lead a small team, fostering accountability, transparency, and continuous improvement.
Requirements
Qualifications
Education & Experience
- Bachelor’s degree required; advanced degree preferred.
- 10+ years in vendor management, contract management, sourcing, ITSM, or third‑party risk; 5+ years in team/program leadership.
- Demonstrated success maturing vendor governance or risk programs.
Knowledge, Skills & Abilities
- Expertise in supplier governance, contract structures, SLAs, renewals, and exits.
- Skilled in building frameworks, executive communication, benchmarking, and risk remediation.
- Strategic thinker with strong change‑leadership, relationship management, and data‑driven decision‑making abilities.
- Familiarity with NIST, ISO 27001, SOC reporting, ITIL, and related standards.
Work Conditions & Tools
- Hybrid schedule; limited vendor‑site travel.
- Use CLM tools, reporting dashboards, risk assessment platforms, and vendor comparison tools.
About the Company
Indiana Public Retirement System (INPRS’) is among the largest 100 pension systems in the United States. INPRS serves the needs of approximately 500,000 members and retirees representing approximately 1,900 employers, including public universities, school corporations, public safety, municipalities and state agencies. The Indiana Public Retirement System is a public pension fund who manages approximately over $50 billion in assets, making it one of the largest in the United States. We are located in the heart of the city, in downtown Indianapolis, near the circle & across the street from our monumental state house. The ideal candidate must be a resident of Indiana as well as live within close proximity from Indianapolis. This position is not eligible for H-1B or any other kind of temporary or permanent sponsorship for work authorization by the Indiana Public Retirement System. Therefore, if you will require sponsorship from us for work authorization now or in the future, we cannot consider your application at this time.