Prometric is looking for a Head of Vendor Management to strategize and manage third-party products globally, ensuring integration and compliance with business needs.
Responsibilities: Key responsibilities include defining product strategy, leading vendor management processes, collaborating with teams on requirements, and owning the product lifecycle of third-party solutions.
Skills: Required skills include product management experience, strong negotiation abilities, understanding of software integration, and excellent communication and collaboration skills.
Qualifications: Preferred qualifications include 7+ years of experience in relevant fields, success in contract negotiations, and knowledge of SaaS and EdTech ecosystems.
Location: Remote (Global) with headquarters in Baltimore, MD
Compensation: Not provided by employer. Typical compensation ranges for this position are between $150,000 - $200,000.
Job Title: Head Of Vendor Management
Location: Remote (Global) | Headquarters: Baltimore, MD
Reports to: Chief Product & Technology Officer
Employment Type: Full-Time
Role Summary:
Prometric is seeking a dynamic Head of Vendor Management to lead the integration and lifecycle management of third-party products within our global assessment and learning portfolio. This individual will be responsible for evaluating, onboarding, and managing third-party technologies and content providers that enhance our solutions for clients and candidates.
This role requires a strong balance of product strategy, commercial acumen, contract negotiation, and vendor relationship management.
Key Responsibilities:
Product & Vendor Strategy
• Define and execute the third-party product strategy aligned with Prometric’s global roadmap.
• Identify opportunities to partner with or license external products to enhance our offerings.
• Own the go/no-go process for new third-party products.
Vendor Management & Negotiation
• Lead end-to-end vendor management: RFI/RFP processes, evaluation, onboarding, and performance reviews.
• Negotiate commercial terms, licensing, pricing, exclusivity, and SLAs with Legal and Finance support.
• Manage ongoing relationships and hold vendors accountable to performance metrics and milestones.
Requirements & Specification Development
• Collaborate with product, technology, sales, and legal teams to translate business needs into product and technical requirements.
• Define functional specifications and ensure third-party solutions meet data, security, and interoperability standards.
Delivery & Integration
• Partner with Engineering, Product Owners, and Implementation teams to integrate third-party solutions into Prometric’s platforms.
• Own the product lifecycle—from onboarding to deprecation—of all externally sourced solutions.
Commercial & Financial Ownership
• Work closely with Finance and Commercial teams to define product pricing, usage models, and ROI targets.
• Monitor product performance, usage, cost, and margins for all third-party relationships.
Key Deliverables:
• Signed commercial contracts and licensing agreements.
• Product requirement documents and integration specifications.
• Vendor performance dashboards and QBR materials.
• Product roadmap and value proposition decks for internal and external stakeholders.
• Pricing models and cost analysis reports.
• Integration timelines and go-live readiness plans.
Qualifications:
• 7+ years of experience in Product Management, Strategic Partnerships, or Vendor Management.
• Proven success in negotiating contracts and managing third-party technology products.
• Strong knowledge of software integration, licensing models, and SaaS/EdTech ecosystems.
• Experience working in complex, matrixed, global organizations.
• Exceptional communication, cross-functional collaboration, and stakeholder management skills.
• Experience in Education, Assessment, or Learning Technology industries preferred.
Skills & Competencies:
• Strategic thinking and commercial fluency.
• Contract structuring and pricing model development.
• Technical understanding of APIs, data security, and interoperability.
• Comfortable navigating ambiguity and fast-paced environments.
• High attention to detail, with a bias toward execution.
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