How much does an IT Vendor Management Analyst I make in Arkansas? The average IT Vendor Management Analyst I salary in Arkansas is $60,802 as of February 26, 2024, but the range typically falls between $54,267 and $70,236. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

IT Vendor Management Analyst I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile IT Vendor Management Analyst I Salary $48,317 AR February 26, 2024
25th Percentile IT Vendor Management Analyst I Salary $54,267 AR February 26, 2024
50th Percentile IT Vendor Management Analyst I Salary $60,802 AR February 26, 2024
75th Percentile IT Vendor Management Analyst I Salary $70,236 AR February 26, 2024
90th Percentile IT Vendor Management Analyst I Salary $78,826 AR February 26, 2024
25% $54,267 10% $48,317 90% $78,826 75% $70,236 $60,802 50%(Median) Didn’t find job title? Click
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What skills does an IT Vendor Management Analyst I need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Procurement: Procurement is the process of finding and agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process. Procurement is used to ensure the buyer receives goods, services, or works at the best possible price when aspects such as quality, quantity, time, and location are compared. Corporations and public bodies often define processes intended to promote fair and open competition for their business while minimizing risks such as exposure to fraud and collusion. Almost all purchasing decisions include factors such as delivery and handling, marginal benefit, and price fluctuations. Procurement generally involves making buying decisions under conditions of scarcity. If sound data is available, it is good practice to make use of economic analysis methods such as cost-benefit analysis or cost-utility analysis.

3.

Risk Assessment: Broadly speaking, a risk assessment is the combined effort of: identifying and analyzing potential (future) events that may negatively impact individuals, assets, and/or the environment (i.e. risk analysis); and making judgments "on the tolerability of the risk on the basis of a risk analysis" while considering influencing factors (i.e. risk evaluation).Put in simpler terms, a risk assessment analyzes what can go wrong, how likely it is to happen, what the potential consequences are, and how tolerable the identified risk is. As part of this process, the resulting determination of risk may be expressed in a quantitative or qualitative fashion. The risk assessment is an inherent part of an overall risk management strategy, which attempts to, after a risk assessment, "introduce control measures to eliminate or reduce" any potential risk-related consequences.

Analysis 7.29%
Procurement 3.14%
Risk Assessment 1.52%
Others 88.05%

Job Description for IT Vendor Management Analyst I

IT Vendor Management Analyst I is responsible for the day-to-day administration of technology vendor relationships and serves as the organization's point of contact to ensure smooth performance of operations. Assists vendor selection by reviewing and evaluating requests for proposals and contracts. Being an IT Vendor Management Analyst I monitors compliance with service level agreements to ensure performance/quality metrics, responsibilities, and expectations are met. Develops dashboards, reports, and presentations to track vendor performance. Additionally, IT Vendor Management Analyst I proactively identifies areas where performance is at risk and collaborates with vendors to establish service quality mitigation strategies. Appropriately escalates vendor product and service issues. Typically requires a bachelor's degree. Typically reports to a manager. The IT Vendor Management Analyst I work is closely managed. Works on projects/matters of limited complexity in a support role. To be an IT Vendor Management Analyst I typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for IT Vendor Management Analyst I in Arkansas

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Location Avg. Salary Date Updated
Location Texarkana, AR Avg. Salary $60,809 Date Updated February 26, 2024
Location Adona, AR Avg. Salary $61,010 Date Updated February 26, 2024
Location Alexander, AR Avg. Salary $61,531 Date Updated February 26, 2024
Location Alicia, AR Avg. Salary $61,362 Date Updated February 26, 2024
Location Alix, AR Avg. Salary $57,888 Date Updated February 26, 2024
Location Alleene, AR Avg. Salary $60,596 Date Updated February 26, 2024
Location Alma, AR Avg. Salary $58,160 Date Updated February 26, 2024
Location Almyra, AR Avg. Salary $59,114 Date Updated February 26, 2024
Location Alpena, AR Avg. Salary $60,182 Date Updated February 26, 2024
Location Alpine, AR Avg. Salary $60,062 Date Updated February 26, 2024

Career Path for IT Vendor Management Analyst I

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For IT Vendor Management Analyst I, the upper level is IT Vendor Management Analyst II and then progresses to IT Vendor Management Analyst IV.

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IT Vendor Management Analyst I Salary in Arkansas
IT Vendor Management Analyst I Salary Graph, Regional Distribution and Summary