Senior Outsourcing & Vendor Officer

Kennedy Pearce Consulting; Leicester; Hybrid; GBP 80,000 - 100,000; Full time

Job summary

An International Bank is seeking a Senior Outsourcing & Vendor Officer to manage vendor onboarding and offboarding. This role involves ensuring effective vendor relationships and compliance with regulations. The ideal candidate will have proven experience in the financial sector, strong skills in contract negotiation, and familiarity with regulatory standards. This position offers a permanent contract with a hybrid working pattern: 4 days in the office and 1 day WFH.

Qualifications

• Proven experience in managing vendor/supplier relationships, ideally in the financial sector.
• Strong background in contract negotiation and risk management.
• Familiarity with regulatory standards for outsourcing and vendor management.

Responsibilities

• Oversee management of interactions between vendors and internal stakeholders.
• Ensure smooth operation of outsourced services, contributing to efficiency.
• Track renewal and expiration dates of contractual agreements.
• Support in drafting, negotiation, and management of contracts.

Skills

Managing vendor relationships

Contract negotiation

Risk management

Performance monitoring

Job description

Our client, an International Bank based in London, currently seek 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

This role is integral in managing the onboarding and offboarding of vendors and suppliers while ensuring robust and effective vendor relationships.

Key Responsibilities

• The successful candidate will oversee the management of interactions between vendors/suppliers and internal stakeholders, ensuring effective collaboration and compliance with regulatory standards.
• This role will also ensure the smooth operation of outsourced supplier and vendor services, contributing to the overall efficiency of the business
• Track and manage the renewal and expiration dates of all contractual agreements, ensuring timely renewals and adherence to obligations
• Support in the drafting, negotiation, and management of contracts, ensuring favourable terms and regulatory compliance
• Resolve issues in vendor relationships to ensure smooth operations and minimal 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, ideally banking
• 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.