Head of Vendor Management

Titan Wealth Holdings Limited; London; Hybrid; GBP 60,000 - 100,000; Full time

Job summary

An exciting opportunity to join a dynamic company that is rapidly expanding through strategic acquisitions. This role focuses on leading the procurement and supplier management framework to ensure that 3rd party suppliers deliver maximum value. You will play a crucial role in enhancing operational resilience while driving significant cost efficiencies. Join a forward-thinking organization that values professionalism, trust, and innovation, and be part of a team that is committed to delivering exceptional outcomes for clients. This position offers a unique blend of start-up energy and the stability of private equity backing, making it an inspiring time to contribute to the company's future success.

Benefits

Attractive Employee Pension Scheme

25 days Annual Leave + public holidays

Buy and sell holidays up to 5 days

Office Christmas close (3-days)

Private medical insurance

Group life insurance

Income protection insurance

Further education and training support

Discretionary performance related bonus

Confidential Employee Assistance Programme

Qualifications

• Proven experience in vendor management within financial services.
• Strong focus on delivering client and business outcomes.

Responsibilities

• Ensure robust 3rd party procurement and supplier management framework.
• Lead procurement for key suppliers and manage stakeholder expectations.
• Identify improvements in managing key 3rd party suppliers.

Skills

Stakeholder Management

Negotiation Skills

Communication Skills

Organizational Skills

Vendor Management

Procurement

Education

Professional Qualifications in Business/Vendor Management

Job description

The Titan Group provides a broad range of services across the whole wealth value chain – from financial planning, investment management through to platform, trading, settlement and custody services. Its strategy is to be able to offer modular, incremental services to its clients allowing them to adjust their business models as and when they choose to. As part of this Titan is also an active acquirer of UK based asset managers and other wealth related businesses.

Due to this Titan Wealth is expanding rapidly through strategic acquisitions, offering a unique combination of start-up energy and the security of private equity backing. It’s an inspiring time to join the team!

This is an excellent opportunity to join an exciting and dynamic business and lead a key strategic component of Titan’s future success. You will play a key role in ensuring the various business divisions and functions can effectively take on and manage 3rd party suppliers to ensure the business delivers effectively and efficiently for its clients. As the Group grows it is important that 3rd party suppliers deliver maximum value and Titan benefits from increasing economies of scale, whilst key risks from material suppliers are controlled as part of Titan’s operational resilience framework.

This role will report to the Group Operations Director as part of the Group Operation Function.

Job Responsibilities

• Overall responsible for ensuring Titan has a robust 3rd party procurement and a supplier management framework to ensure new and existing suppliers deliver value effectively to Titan’s standards.
• Lead a co-ordinated approach (across the Group) to procurement of key suppliers with due consideration to market analysis, RFI, proposals, presentations, selection scoring, governance papers & approval, due diligence, commercial agreements and informing/ handover to implementation projects.
• Prioritise and drive value for the Group with 3rd party suppliers by leveraging our scale to reduce ongoing license/fees and implementation costs and maximise service performance to requirements.
• Maintain a schedule of key 3rd party suppliers, in line with materiality definitions in the supplier management framework, with appropriate business and functional owners assigned and flag non-compliance with vendor management policies.
• Ensure vendors deliver in line with requirements and any legal risks are mitigated.
• Work with business / functional owners to ensure material suppliers are managed effectively, have appropriate supplier governance in place, deliver MI to enable effective appraisal of performance vs requirements and material risk and issue management.
• Ensure vendors (where relevant) are offboarded appropriately in line with the supplier management framework and contractual requirements.
• Communicate effectively across the organisation on cross functional/business 3rd party projects and manage stakeholders expectations.
• Continually identify improvements in how Titan manage key 3rd party suppliers, including by using technology.
• Produce reports and MI as appropriate to relevant Governance forums ensure effective oversight of 3rd parties.
• Support the Group Operations Director in other commercial matters as they arise.

Job Requirements

• Proven experience as a Head of Vendor Management / Procurement within the financial services sector.
• Professional qualifications covering business / vendor management.
• Knowledge of the Wealth sector is desirable, although not essential.
• A key focus on delivering great client & business outcomes.
• Excellent organisational and leadership experience.
• Can demonstrate strong stakeholder management, negotiation and communication skills.
• Comply with all requirements, laws, and regulations.

Our employees are talented people, distinguished by excellence. You will be able to demonstrate a willingness to embrace the Company values of:

Professionalism - how we treat our clients and colleagues.

Trust - embrace innovation and adapt to change.

Innovation - dare to create and don't fear failure.

Terms

• Competitive salary
• Attractive Employee Pension Scheme (7.5% employer & minimum 3% employee)
• 25 days Annual Leave + public holidays
• Buy and sell holidays up to 5 days
• Office Christmas close (3-days)
• A range of benefits which includes private medical insurance, Group life insurance, and income protection insurance.
• Hybrid working
• Further education and training support
• Discretionary performance related bonus
• Confidential Employee Assistance Programme
• 2 days per year for voluntary work
• And lots of flexible benefits to choose from!

The Titan Wealth Group is firmly committed to fostering an inclusive and equitable environment for everyone who works with us, regardless of their race, age, gender, sexual orientation, religion, physical ability or disability, or political affiliation. We believe that having a diverse team allows us to create the best possible outcomes for our clients and team members. We strive to provide equal opportunities in all aspects of the workplace with respect to recruitment and career advancement, pay and benefits, training and development opportunities and other job-related activities.