Vendor Manager
What we do and why we do it
As the leading end-to-end investment platform for single-family rental homes (SFR), our mission is to make real estate investing radically accessible, cost effective, and simple. We successfully merge our passion for helping investors build wealth through real estate with cutting edge technology that transforms the way they do it.
How it’s going (and growing)
With a talented team of 600+ Roofsters, our collaborative, can-do culture is what fuels our growth. In 2022, we closed on our Series E, raising $240 million, and have offices in California, Texas, and New York as well as many remote opportunities. Our growth includes recent acquisitions of Stessa (financial and asset management software), RentPrep (tenant screening and placement service for landlords), and Mynd (property management platform for both Retail and Institutional investors).
About the Role:
A Vendor Manager at Roofstock is pivotal in fostering mutually beneficial relationships with third-party maintenance vendors across our portfolio of single-family homes. Our Vendor Managers are responsible for building and managing a robust vendor network that aligns with our demands for Repairs and Maintenance (R&M), Turn, and Renovation services. In addition to overseeing operational needs, the Vendor Manager will focus on optimizing performance against Key Performance Indicators (KPIs) and ensuring adherence to Service Level Agreements (SLAs). This role requires a strategic and data-driven individual with a strong background in vendor relationship management.
Responsibilities:
- Creating and nurturing mutually beneficial relationships with third-party maintenance vendors.
- Building and managing a vendor network that meets R&M, Turn, and Renovation demand and operational needs.
- Driving vendor performance against established KPIs and ensuring adherence to SLAs.
- Driving product adoption of the vendor portal
- Utilizing reporting and analytics to make data-driven decisions that enhance operational effectiveness.
- Conducting market visits to review vendor quality, build rapport, and vet potential new vendors.
- Delivering and reviewing vendor performance feedback to the vendor network on a monthly and quarterly basis
- Identifying sourcing gaps, prioritizing needs, and recruiting vendors
- Negotiating and establishing set pricing structures to optimize cost management.
- Serving as the vendor's voice to internal Roofstock, ensuring effective communication and collaboration.
- Providing support to the internal Roofstock operations team, demonstrating adaptability in addressing operational challenges.
- Managing, documenting, and resolving escalations
- Collaborate and work cross-functionally in a team environment
Qualifications:
- 5+ years of experience leading, developing, and growing vendor relationships
- Experience with residential Repairs and Maintenance field operations
- Strong analytical capabilities to evaluate performance and an understanding of fair and optimal pricing structures
- Excellent planning, organization, and delivery skills, and comfortable in high-pressure situations
- Excellent attention to detail
- Ability to communicate effectively with internal stakeholders and external customers
- Excellent interpersonal skills and effective communication to work successfully with a range of stakeholders, including regional employees, field staff, office staff, executive leadership, and external customers
- Thrives in a fast-paced and startup environment
- Tech-savvy
- Experience in making data-driven decisions utilizing reporting
- Proficient in Google Suite applications, including Docs, Sheets, and Slides with demonstrated expertise in efficient document creation, collaboration, and data management.
Being authorized to work in the U.S. is a precondition of employment and we are unable to sponsor H1-B Visas at this time.
Any offer of employment is conditioned upon the successful completion of a background investigation.
Travel required:
- Up to 25%
Compensation:
$80,000 - $90,000 annually. The compensation range may be adjusted based on experience and location.
Our compensation reflects several US geographic markets. The base pay for this position represents the expected salary for this position. Ultimately, in determining your pay it will be based on several factors including location, job-related knowledge, skills, experience and other job related factors. Roofstock is a total compensation company; the base salary is only part of our total compensation package.
Competitive & Unique Benefits Package:
- Generous PTO Policy
- 13 Paid Holidays
- Volunteer Time Off
- Paid Parental Leave
- 401k Program
- Wellness and home office/cell phone subsidies
- Robust health, dental, vision insurance, and more
Commitment to Equal Employment Opportunity
Roofstock is an equal opportunity employer. In keeping with the values of Roofstock, we make all employment decisions including hiring, evaluation, termination, promotional and training opportunities, without regard to race, religion, color, sex, age, national origin, ancestry, sexual orientation, physical handicap, mental disability, medical condition, disability, gender or identity or expression, pregnancy or pregnancy-related condition, marital status, height and/or weight.
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