Credit Ratings Vendor Manager

The Credit Ratings Vendor Manager role is a member of the Data and Business Operations Team within the DBRS Morningstar Credit Group and responsible for managing all data, subscription, technology and facilities related vendors for the credit business.

An ideal candidate is proactive, a self-started and enjoys working independently in a fast-paced environment. This candidate will need to be comfortable with working across multiple teams with multiple activities occurring at the same time.

The role is based in Toronto or Chicago.

Responsibility :

• Main point of contact for internal teams to collaborate and discuss data access requests / needs & uses
• Identify vendor options & work to implement / discuss / negotiate agreement terms
• Manage, review, & approve documentation as needed within Salesforce and the internal Data Vendor Wiki
• BAU renewals, license management
• Review & reject / approve invoices via Coupa for AP processing
• Manage and maintain the data vendor budget / Provide (qtly) & explain necessary data vendor expense adjustments & changes to agreements
• Collaborate with Legal for review / approval of new agreement execution
• Collaborate with corporate procurement team for new & renewed agreements (as-needed as they overlap with Morningstar DBRS)

Requirements :

• Experience working with vendors
• Experience managing budgets
• Experience negotiating contract terms
• Strong written and oral communication skills
• Experience working directly with business users and communicating with IT teams
• Detailed oriented, manage self and others’ work cross-function
• Proficient in Microsoft Office tools including Excel, Power Point, and Word

About Us

Morningstar DBRS is a leading provider of independent rating services and opinions for corporate and sovereign entities, financial institutions, and project and structured finance instruments globally.

Rating more than 4,000 issuers and 60,000 securities, it is one of the top four credit rating agencies in the world.

Morningstar DBRS empowers investor success by bringing more transparency and a much-needed diversity of opinion in the credit rating industry.

Our approach and size allow us to be nimble enough to respond to customers' needs in their local markets, but large enough to provide the necessary expertise and resources they require.

Market innovators choose to work with us because of our agility, tech-forward approach, and exceptional customer service.

Morningstar DBRS is the next generation of credit ratings.

If you received and accept an offer from us, we require that personal and any related investments be disclosed confidentiality to our Compliance team (days vary by region).

These investments will be reviewed to ensure they meet Code of Ethics requirements. If any conflicts of interest are identified, then you will be required to liquidate those holdings immediately.

In addition, dependent on your department and location of work certain employee accounts must be held with an approved broker (for example all, U.

S. employee accounts). If this applies and your account(s) are not with an approved broker, you will be required to move your holdings to an approved broker.

Morningstar’s hybrid work environment gives you the opportunity to work remotely and collaborate in-person each week. While some positions are available as fully remote, we’ve found that we’re at our best when we’re purposely together on a regular basis, typically three days each week.

A range of other benefits are also available to enhance flexibility as needs change. No matter where you are, you’ll have tools and resources to engage meaningfully with your global colleagues.