Hiring.Camp

Vendor Management & Contract/Commercial Governance

NT Careers

·

May 28, 2026

Location
Limerick, Ireland
Type
Contract
Department
Sales
Source
Workday

Description

About Northern Trust:

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.

Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Summary

Under general supervision, the Commercial Manager is responsible for commercial governance, contract oversight, and financial risk management for Human Resources vendor relationships within a regulated financial services environment. This role partners with HR Centers of Excellence (COEs), Procurement, Legal, Finance, and Risk to ensure commercial terms, pricing structures, and contractual obligations are appropriately managed throughout the vendor lifecycle and aligned with internal governance and Third‑Party Risk Management (TPRM) requirements.

The role provides commercial subject‑matter expertise to support informed decision‑making related to vendor selection, negotiations, renewals, amendments, and exits, with a focus on cost saving, value optimization, and risk mitigation.

Major Duties

•Provide commercial oversight for HR vendor contracts, including coordination of negotiations, renewals, amendments, and terminations in partnership with HR COEs, Procurement and Legal.
•Ensure commercial terms appropriately address financial, operational, regulatory, and data protection risk, in alignment with TPRM standards and internal policies.
•Review and maintain pricing models, fee structures, SLAs, incentives, and contractual remedies to ensure clarity, enforceability, and alignment with business objectives.
•Monitor vendor spend, contractual entitlements, and cost drivers, identifying cost optimization opportunities and potential financial risk exposure.
•Partner with HR COEs to support renewal strategy, back‑loaded risk assessment, and exit or transition planning for critical vendors.
•Provide clear escalation and reporting on commercial risks, issues, and key decision points to senior stakeholders.
•Support audits, reviews, and regulatory inquiries by providing commercial documentation, analysis, and risk assessments as required.
•Contribute to the ongoing enhancement of commercial governance practices, templates, and controls across the HR vendor portfolio.

Knowledge/Skills

·Strong knowledge and experience of commercial contracting, pricing models, and vendor financial management within a regulated environment.
·Working knowledge of Third‑Party Risk Management (TPRM) concepts and their intersection with contractual and commercial risk
·Ability to interpret and challenge complex contractual language, including financial, operational, and risk‑related provisions.
·Strong analytical skills with ability to assess financial exposure, renewal risk, and cost trends.
·Proven ability to partner effectively across HR, Legal, Procurement, Finance, Risk, and Compliance.
·Strong written and verbal communication skills, with ability to present clear, concise commercial risk assessments to senior management.
·High attention to detail, sound judgment, and ability to operate independently in a highly controlled environment.

Working with Us:

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater

Reasonable accommodation

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [email protected].

We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.

Skills

Risk ManagementComplianceProcurement

Similar Jobs

30

Analyst, IT Vendor Management – New Grad Opportunity

The Future of Health Starts with You·Mississauga, ON·Hybrid

1d ago

Lead Analyst, Vendor Management

Molina Enterprise·US

3d ago

Vendor Management Coordinator

Thermofisher·Colombia - Remote·Remote

4d ago

Sr. Specialist - IT Vendor Management

Consolidated Edison·New York, NY

4d ago

Digital Technology Vendor Management Co-op (REMOTE)

RTX·US-CT-REMOTE, US·Remote

5d ago

Assoc. Project Manager (Vendor management)

Iqvia·Buenos Aires, Argentina

5d ago

ACM Quality Vendor Management Internship

Rrhs·ACM - Headquarters, US

5d ago

ACM Quality Vendor Management Internship

Rrhs·ACM - Headquarters, US

5d ago

Rechtsreferendar (m/w/d) (Wahlstation Wirtschaft oder Arbeitsrecht) im Bereich External Workforce Governance & Compliance (Service Vendor Management)

Roche·Penzberg, Germany +1

5d ago

Sr. Process Specialist - Vendor Management (Starlink)

Spacex·Hawthorne, CA +1

5d ago

Sr. Process Specialist - Vendor Management (Starlink)

Spacex·Bastrop, TX +1

5d ago

Sr. Process Specialist - Vendor Management (Starlink)

Spacex·Redmond, WA +1

5d ago

Intern Vendor Management

Purdue Federal·West Lafayette, IN

5d ago

Supplier Development & Quality Manager (m/f/d) | Vendor Management

REPA GROUP·Bergkirchen, BY

5d ago

Sr. Manager, Program and Project Management - Vendor Management

Blue Shield of California·Rancho Cordova, CA

6d ago

Senior Operations Performance Manager – Vendor Management (m/f/d)

Sixt·Berlin, Germany·Hybrid

6d ago

Enterprise Vendor Management Specialist

Bankers Trust·Des Moines, IA

1w ago

Claims Unit Manager - Vendor Management

Ace·Coppell - 0760, US

1w ago

Vendor Management Specialist – Portfolio Analytics

Db·Jaipur, India

1w ago

Global Benefits Manager (Vendor Management) - Hybrid: Mexico City

Circana·Mexico City, Mexico

1w ago

Vendor Management Advisor

MISO Default·Carmel, IN

1w ago

Vendor Management Administrator

Everwise Credit Union Careers·Corporate, US +1·Hybrid

1w ago

Manager, Business Continuity + Vendor Management

Everwise Credit Union Careers·Corporate, US +1·Hybrid

1w ago

Purchasing & Vendor Management Support

Jci·SA - Dublin Taurus 1, Ireland·Onsite

1w ago

IDS Contracts and Vendor Management Officer

Flinders·Bedford Park, Australia

1w ago

Vendor Management Senior Specialist

Mmc·Mexico City - Paseo·Hybrid

1w ago

Senior Manager, Vendor Management Contract Lead

CVS Health·Hartford-Farmington Ave Atrium, US·Hybrid

1w ago

Senior Manager, Engineering Vendor Management

Nvidia·Israel, Yokneam

2w ago

Senior Manager, Engineering Vendor Management

Nvidia·Yokne'am Illit, IL

2w ago

Director, Strategic Sourcing & Vendor Management

StandardAero·San Antonio, TX

2w ago