Global Strategic Vendor Leader

Northern Trust Corporation; Greater London; On-site; GBP 110,000 - 150,000; Full time

Job summary

Northern Trust Corporation in the United Kingdom is seeking a Strategic Global Vendor Manager to oversee and develop our global strategic vendor relationships. The role reports to the Head of Global Strategic Vendor Management and will require leadership across enterprise functions, focusing on governance, risk, and commercial strategy.

As a dedicated strategic vendor manager, you will drive negotiations, establish KPIs, monitor supplier performance, and lead cross-functional collaboration with

Qualifications

• Experience managing strategic vendor relationships in financial services.
• Strong negotiation and contract advisory skills.
• Proven ability to lead cross-functional teams and reporting to executives.
• Knowledge of regulatory and risk frameworks for third parties.

Responsibilities

• Develop and maintain strong, collaborative relationships with Global Strategic vendors to achieve mutually beneficial goals and build trust.
• Drive joint business planning sessions, Executive Service reviews, and continuous improvement initiatives.
• Chair periodic Executive Strategic product and change management reviews, fostering a culture of partnership and mutual growth.
• Facilitate effective communication and problem-solving between the business and Strategic Vendors.
• Drive and support the negotiation of legal documentation, contracts and commercials with procurement and legal.
• Lead supplier due diligence and onboarding processes, including financial stability checks and compliance with third-party risk management policies.
• Provide and attend accurate and insightful reporting to various oversight committees.

Skills

Vendor management

Strategic planning

Contract negotiation

Risk management

Stakeholder engagement

Vendor performance tracking

Cost optimization

SLA & KPI governance

Financial services knowledge

Regulatory compliance

Leadership

Excellent communication

Tools

Contract management software

MS Office / Excel

Job description

Northern Trust Corporation in the United Kingdom is seeking a Strategic Global Vendor Manager to oversee and develop our global strategic vendor relationships. The role reports to the Head of Global Strategic Vendor Management and will require leadership across enterprise functions, focusing on governance, risk, and commercial strategy.

As a dedicated strategic vendor manager, you will drive negotiations, establish KPIs, monitor supplier performance, and lead cross-functional collaboration with