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Permanent

Procurement and Vendor Manager

London
money-bag Negotiable
Posted 3 days ago

OverviewThe RoleWe are currently seeking to recruit a Procurement and Vendor Manager to join our Global Technology Services (GTS) team in London.

Job TitleProcurement and Vendor Manager

Job DescriptionThe Role: We are currently seeking to recruit a Procurement and Vendor Manager to join our Global Technology Services (GTS) team in London. This is an exciting role for someone with drive and enthusiasm to be involved in the commercial management of projects and monitoring third party performance. The Procurement and Vendor Manager is responsible for managing contracts and relationships with third party vendors to ensure compliance, cost efficiency and alignment to the business objectives. This role involves negotiating contracts, monitoring vendor performance and mitigating risks.

Responsibilities

Oversee the end-to-end procurement process, from requisition to payment

Develop, issue and manage Requests for Proposal (RFPs)

Develop, review, negotiate and manage vendor contracts in accordance with company policies

Ensure contract terms align with business objectives and mitigate risks effectively

Work closely with business teams to understand the appropriate terms and conditions of contracts

Ensure that contract requirements are resolved in appropriate timeframes

Collaborate effectively with legal, risk and finance teams to ensure compliance to company policy and procedures

Continuous review and monitoring of contract changes and identify gaps and improvement opportunities

Monitor vendor performance against SLAs and KPIs

Conduct regular vendor reviews to ensure adherence to contract terms and company guidelines

Build strong relationships with vendors to enhance service quality, cost effectiveness and continuous improvement

Drive process improvements to enhance operational efficiencies and reduce vendor related risks

Undertake other responsibilities as required for the proper performance of the role

Skills / ExperienceEssential

8+ years of experience in contract and vendor management, preferably within the financial services sector

Strong knowledge and experience in contract and vendor life-cycle management, contract negotiation and managing vendor relationships

Excellent analytical, problem solving and decision-making skills

Strong communication and stakeholder management abilities

Exceptional attention to detail

Desirable

Experience in the re-insurance industry would be desirable but other industries would be considered

Contract related certification preferred – IACCM and/or CIPS

Personal Characteristics

Collaborates well with all levels of management and employees

Good Communicator – succinctly communicates product vision to all stakeholders in a compelling and effective way

Data Driven – values evidence, research and customer feedback

Decisive – makes effective customer centric decisions

Flexible – adapts and thrives under change and ambiguity in an independent and flat structure

Excellent internal customer service and communication skills

Ability to understand and communicate data design and patterns to non-technical audiences

Ability to work in a fast-paced environment with multiple priorities

Ability to produce accurate work under pressure with frequent deadlines

Demonstrate critical thinking and analytical skills with attention to detail

Excellent problem-solving skills, with the ability to work independently and collaborating with others

Ability to exercise confidentiality and professionalism in the performance of duties

Working For Pacific Life ReEvery person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. We take our work seriously and we know our team can operate under great pressure. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team\''s connection with each other and reflect on their successes. Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well being initiatives. We are also committed to supporting our employee\''s involvement in their communities through fundraising, hosting charity events and volunteering opportunities.

BenefitsLeave

25 days of annual leave with option to buy/sell more days

Adoption and fertility leave

Generous enhanced parental leave

Healthcare

Comprehensive private insurance coverage for employee and dependents

Group Life Insurance coverage of 9x basic annual salary and Group Income Protection up to 75% of basic annual salary

Optical benefits

Savings and Retirement

15% combined employee/employer contributions

Wellness

Subsidized gym membership

Access to Employee Assistance Program

Cycle to Work and Electric Car Salary Sacrifice Scheme

Time off for volunteering

Charitable matching of employee donations

Diversity and InclusionAs part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.

Seniorities and Employment

Seniority level: Mid-Senior level

Employment type: Full-time

Job function: Management and Manufacturing

Industries: ..... full job details .....

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