Third Party Risk Management and Resilience Analyst

KennedyPearce Consulting; England; Hybrid; GBP 70,000 - 100,000; Full time

Job summary

An established financial consulting firm in the UK is seeking a Senior Outsourcing & Vendor Officer for their London office. This role involves managing vendor relationships, ensuring compliance with regulatory standards, and overseeing contract negotiations. The ideal candidate will have proven experience in vendor management, preferably within the financial sector, and a strong background in risk management. This full-time position offers a hybrid working pattern of four days in-office and one day working from home.

Qualifications

• Proven experience managing vendor/supplier relationships, preferably in finance.
• Background in contract negotiation and performance monitoring.
• Familiarity with regulatory outsourcing standards.
• Project management experience and understanding of business continuity planning.

Responsibilities

• Oversee vendor/supplier interactions and ensure compliance.
• Manage renewal and expiration of contractual agreements.
• Support drafting and negotiation of contracts.
• Support drafting, negotiation, and management of contracts to achieve favorable terms and regulatory compliance.
• Resolve issues in vendor relationships to prevent disruptions.
• Identify and implement measures to enhance vendor performance and avoid challenges.

Skills

Vendor management

Contract negotiation

Regulatory compliance

Risk management

Regulatory compliance

Project management

Business continuity

Job description

Senior Outsourcing & Vendor Officer

Our client, an International Bank based in London, is looking for a Senior Outsourcing & Vendor Officer to join their central operations department.

Contract Type: Permanent

Working pattern: 4 days office / 1 day WFH

Location: West End

Primary responsibilities include managing onboarding/offboarding of vendors and suppliers, ensuring robust vendor relationships and compliance with regulatory standards.

Key Responsibilities

• Oversee interactions between vendors/suppliers and internal stakeholders, ensuring effective collaboration and compliance with regulations.
• Ensure the smooth operation of outsourced supplier and vendor services, contributing to overall efficiency.
• Track and manage renewal and expiration dates of all contractual agreements, ensuring timely renewals and adherence to obligations.
• Support drafting, negotiation, and management of contracts, ensuring favourable terms and regulatory compliance.
• Resolve issues in vendor relationships to prevent disruptions.
• Proactively identify and implement measures to enhance vendor performance and avoid potential challenges.

Essential Qualifications & Experience

• Proven experience in managing vendor/supplier relationships, ideally within the financial sector.
• Strong background in contract negotiation, risk management, and performance monitoring.
• Familiarity with regulatory standards governing outsourcing and vendor management.
• Project management experience and an understanding of business continuity planning.

Seniority Level

Mid-Senior level

Employment Type

Full-time

Job Function

Other – Banking and Financial Services