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For Companies At a Glance
- Tasks: Lead IT vendor management, ensuring performance and compliance while negotiating contracts.
- Company: Join a renowned company focused on innovation and customer-first strategies.
- Benefits: Enjoy flexible working, 35+ days holiday, health plans, and well-being activities.
- Why this job: Be part of a collaborative team that values your growth and expertise in IT.
- Qualifications: Proven experience in IT contract negotiation and excellent communication skills required.
- Other info: Opportunity for significant impact in a dynamic and supportive environment.
The predicted salary is between 48000 - 72000 £ per year.
Your new company
Our client is renowned for its innovative approach to business, adopting a customer-first approach. You'll be joining an organisation that values the opportunity to grow and will prioritise your development through training and clear progression plans. If you are looking for a business that will ensure the success of each individual and work together in a collaborative environment, then it's exactly the place you'll want to join. As part of their continued journey, they are looking to hire an IT Vendor Management Lead to sit within their IT Business Function.
Your new role
Are you ready to take on a role in IT Vendor Management? As an IT Vendor Management Lead, you will drive business outcomes through strategic vendor relationships, ensuring they deliver value and meet customer expectations. Your role will involve monitoring vendor performance, ensuring compliance with service levels, conducting assurance reviews, supporting security evaluations, and guiding Relationship Managers in performance reviews. You will oversee the performance of SaaS vendors, ensuring they adhere to contractual agreements and deliver value. Your responsibilities will include monitoring and reporting on vendor performance, understanding and maintaining assurance models for IT vendors, and ensuring compliance with security and assurance elements. Additionally, you will negotiate commercial terms for strategic IT contracts, provide expertise during the creation of Master Service Agreements and Statements of Work, and identify and report risks associated with vendors. Staying abreast of innovations in the IT vendor market, you will translate these into strategic outcomes, building and maintaining effective relationships with IT vendors. You will also provide periodic reporting on vendor performance and improvement plans, ensuring sustainable business value.
What you'll need to succeed
Are you an experienced IT contract negotiator with a knack for handling complex provisions and clauses? Do you excel in discussing and negotiating financial terms, whether leading the charge or as part of a dynamic team? We are seeking an individual with proven experience of negotiating and managing IT contracts. You will engage with a diverse range of stakeholders, both within and outside the organisation, showcasing your exceptional negotiation skills. Your ability to test and challenge business assumptions will be crucial in driving success. In this role, your excellent communication skills will shine as you build rapport and maintain a network of valuable contacts. You will prepare and analyse service metrics, interpreting data to inform strategic decisions. Your organisational prowess and project management skills will ensure smooth operations and successful outcomes. If you are ready to take on a challenging and rewarding role where your expertise will have a significant impact, we want to hear from you! Join us and be part of a team that values innovation, collaboration, and excellence.
What you'll get in return
- Flexible working options
- Minimum of 35 days holiday (including bank holidays)
- Dental insurance and health cash plan
- Annual bonus schemes and salary reviews
- Competitive pension and employee savings
- Well-being activities, yoga, and mindfulness sessions
- Maternity and paternity leave with full pay
- Partner life assurance and critical illness cover
- Deals on gadgets like wearables, tablets, and laptops
- Car salary exchange and cycle scheme
- Return to work programme after maternity leave
What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now. If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.
IT Vendor Management Lead employer: Hays
Contact Detail:
Hays Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land IT Vendor Management Lead
✨Tip Number 1
Familiarise yourself with the latest trends in IT vendor management. Understanding current market innovations will not only help you during interviews but also demonstrate your proactive approach to staying informed, which is crucial for the role.
✨Tip Number 2
Network with professionals in the IT vendor management space. Attend industry events or join relevant online forums to connect with others in the field. This can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss specific examples of your negotiation successes. Be ready to share how you've navigated complex contract provisions and what strategies you employed to achieve favourable outcomes.
✨Tip Number 4
Showcase your communication skills by engaging with potential colleagues on platforms like LinkedIn. Comment on their posts or share relevant articles to build rapport and demonstrate your interest in collaborative environments.
We think you need these skills to ace IT Vendor Management Lead
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in IT vendor management and contract negotiation. Use specific examples that demonstrate your skills in managing vendor relationships and ensuring compliance with service levels.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company’s values. Emphasise your ability to drive business outcomes through strategic vendor relationships and your experience in negotiating IT contracts.
Highlight Key Skills: In your application, focus on key skills mentioned in the job description, such as communication, project management, and analytical abilities. Provide concrete examples of how you've successfully applied these skills in previous roles.
Show Enthusiasm for the Company: Express your enthusiasm for joining a company that prioritises growth and collaboration. Mention how you align with their customer-first approach and your eagerness to contribute to their innovative environment.
How to prepare for a job interview at Hays
✨Showcase Your Negotiation Skills
As an IT Vendor Management Lead, your ability to negotiate complex contracts is crucial. Prepare examples of past negotiations where you successfully navigated challenging provisions and clauses, highlighting the outcomes and value delivered.
✨Demonstrate Your Understanding of Vendor Performance
Be ready to discuss how you monitor and report on vendor performance. Familiarise yourself with key performance indicators (KPIs) and assurance models, and be prepared to explain how you've used data to inform strategic decisions in previous roles.
✨Emphasise Your Communication Skills
Effective communication is vital in this role. Think of instances where you've built rapport with stakeholders or resolved conflicts. Be prepared to share how you maintain a network of valuable contacts and how this has benefited your previous employers.
✨Stay Informed About Industry Innovations
Research recent trends and innovations in the IT vendor market. Be ready to discuss how these developments could translate into strategic outcomes for the company, showcasing your proactive approach to staying ahead in the industry.
