Vendor Manager

Deloitte Touche Tohmatsu Limited; United Kingdom; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

A global consulting firm is seeking a Vendor Manager on a 6-month contract to support their client. The position, based in Sheffield, involves aligning objectives among key parties, managing vendor performance, and reviewing contracts. Candidates should have a strong background in technology vendor management within the financial services industry. This role offers a mix of onsite and remote work, with the ability to extend the contract based on performance.

Qualifications

• Proven track record in technology vendor management role within the financial services industry.
• Strong understanding of technology operational management requirements for banks.
• Ability to translate technology strategy and align with vendors.

Responsibilities

• Align key parties to agree on objectives and support Tech/Business strategy.
• Review existing contracts and identify opportunities for improvement.
• Analyze vendor performance and ensure SLA adherence.

Skills

Vendor management

Analytical skills

Communication skills

Financial services knowledge

Job description

We are currently recruiting for a Vendor Manager to support our client on a 6-month contract which will likely to extend. Start Date: February. Location: Sheffield – 3 days onsite and 2 days remote.

Deal Initiation/Assurance & Financial Planning

• Ensure alignment of key parties to agree objectives and support the development of the Tech/Business strategy to deliver.
• Ensure both a vertical and horizontal view is considered through value streams and co-design structures so that services are not duplicated and that there is a cohesive strategy around our service providers and tooling – this will need to happen for not only new deals but also with the current landscape of providers.

Negotiation & Contracting

• Review existing contracts identify and follow up on contracting themes/opportunity for better practice and implementation of guidelines and 3rd party uplifts.

Vendor Performance and Vendor Governance framework

• Analysing and creating, where appropriate, measurement to ensure SLA adherence and continuous improvement of the Vendors performance (and reviewed in governance forums).

Functional Knowledge

• Proven track record in technology vendor management role within the financial services industry, preferably within multinational banks.
• Strong understanding of Technology operational management requirements for banks and knowledge of the external environment - regulatory, political, competitor and market.
• Ability to translate technology strategy and align with vendors accordingly.
• SME across Third party risk management lifecycle and Third-party regulatory landscape.
• Experience of operating within a complex matrix environment.
• Deep financial and commercial awareness.