Vendor Management Director

Alignment Health is breaking the mold in conventional health care, committed to serving seniors and those who need it most: the chronically ill and frail. It takes an entire team of passionate and caring people, united in our mission to put the senior first. We have built a team of talented and experienced people who are passionate about transforming the lives of the seniors we serve. In this fast-growing company, you will find ample room for growth and innovation alongside the Alignment Health community. Working at Alignment Health provides an opportunity to do work that really matters, not only changing lives but saving them. Together.The Vendor Management Director is responsible for establishing and leading the enterprise vendor management function for the Medicare Advantage health plan. This role provides strategic oversight for the organization's portfolio of vendors, delegated entities, and business partners, ensuring alignment with corporate objectives, regulatory requirements, operational performance expectations, and financial targets.The Director develops and executes vendor governance strategies, performance management frameworks, risk oversight programs, and partnership models that support organizational growth, operational excellence, member satisfaction, and regulatory compliance. This leader serves as a key partner to executive leadership and is accountable for maximizing value across vendor relationships while mitigating operational, compliance, financial, and reputational risks.The role oversees strategic vendors and delegated entities that support core Medicare Advantage functions including claims administration, pharmacy services, care management, utilization management, member services, risk adjustment, quality improvement, provider operations, and technology platforms.Enterprise Vendor Management StrategyDevelop and lead the organization's vendor management and strategic partnership strategy.Establish enterprise governance frameworks, policies, standards, and oversight processes.Build a high-performing vendor management organization that drives accountability, performance, and value realization.Create vendor segmentation models and management approaches based on strategic importance and risk.Align vendor management activities with organizational goals, growth priorities, and operational objectives.Strategic Partnership LeadershipServe as elationship owner for critical vendors and strategic partners.Develop relationships with vendor leadership teams.Lead strategic business reviews and governance meetings.Ensure vendor capabilities support organizational priorities and market competitiveness.Foster collaborative partnerships that enable innovation and continuous improvement.Vendor Performance & Operational ExcellenceEstablish enterprise KPIs, SLAs, and performance scorecards.Monitor vendor performance against contractual obligations, quality standards, and business objectives.Drive vendor accountability and corrective action planning where performance gaps exist.Lead performance improvement initiatives across vendor relationships.Ensure vendors contribute to operational efficiency, service excellence, and member satisfaction.Delegated Entity & Regulatory OversightOversee governance and performance management of delegated entities and First Tier, Downstream, and Related Entities (FDRs).Ensure vendor oversight programs comply with CMS Medicare Advantage and Part D regulations.Partner with Compliance, Regulatory Affairs, Legal, and Internal Audit teams to ensure adherence to regulatory requirements.Lead vendor-related audit preparation, remediation efforts, and corrective action plans.Ensure adequate controls exist for delegated oversight, monitoring, and reporting activities.Risk Management & ComplianceEstablish and oversee enterprise vendor risk management programs.Identify and mitigate operational, financial, compliance, cybersecurity, privacy, and reputational risks.Ensure appropriate due diligence and ongoing risk assessments are conducted.Monitor business continuity, disaster recovery, information security, and data privacy requirements.Escalate significant risks and mitigation plans to executive leadership.Financial & Contract ManagementOversee vendor financial performance and contract governance.Partner with Procurement, Finance, Legal, and operational leaders on vendor selection and negotiations.Lead negotiation of strategic agreements, renewals, and amendments.Drive cost optimization, value realization, and return-on-investment initiatives.Manage vendor budgets and support enterprise savings opportunities.Growth, Transformation & Strategic InitiativesSupport enterprise growth initiatives including market expansion, acquisitions, and new product launches.Ensure vendors are prepared to support organizational scaling and transformation efforts.Lead vendor participation in strategic technology implementations and operational improvement initiatives.Evaluate emerging vendor capabilities and innovative solutions that enhance organizational performance.Serve as a key stakeholder in enterprise transformation programs.Cross-Functional LeadershipInfluence enterprise decision-making related to vendor services and capabilities.Build alignment among business leaders regarding vendor priorities and performance expectations.Executive Reporting & GovernanceDevelop executive dashboards and vendor performance reporting.Present strategic vendor updates, risks, opportunities, and recommendations to senior leadership.Lead executive governance forums focused on vendor oversight and performance.Provide strategic recommendations to improve organizational effectiveness through vendor partnerships.Support Board-level reporting as needed.Job Requirements:Experience:Required:10+ years of progressive leadership experience in vendor management, healthcare operations, strategic partnerships, procurement, consulting, or operational excellence.5+ years in a leadership role managing teams and enterprise-level vendor relationships.Education:Required:Bachelor's degree in Business Administration, Healthcare Administration, Finance, Supply Chain, Public Health, or related field.Specialized Skills:Required:Demonstrated experience developing and leading vendor governance programs.Strong understanding of healthcare operations and managed care business models.Proven track record of leading complex negotiations and strategic partnerships.Experience influencing executive-level stakeholders and driving organizational change.Strong financial, operational, and strategic business acumen.Pay Range: $130,332.00 - $195,498.00Pay range may be based on a number of factors including market location, education, responsibilities, experience, etc.Alignment Health is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, age, protected veteran status, gender identity, or sexual orientation.*DISCLAIMER: Please beware of recruitment phishing scams affecting Alignment Health and other employers where individuals receive fraudulent employment-related offers in exchange for money or other sensitive personal information. Please be advised that Alignment Health and its subsidiaries will never ask you for a credit card, send you a check, or ask you for any type of payment as part of consideration for employment with our company. If you feel that you have been the victim of a scam such as this, please report the incident to the Federal Trade Commission at If you would like to verify the legitimacy of an email sent by or on behalf of Alignment Health’s talent acquisition team, please email View email address on click.appcast.io. #J-18808-Ljbffr