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- Tasks: Lead vendor relationships and ensure compliance while managing SaaS performance.
- Company: Join a dynamic team focused on IT solutions in the South Coast UK.
- Benefits: Enjoy a competitive salary with flexible working options and a supportive culture.
- Why this job: Make an impact by enhancing vendor relationships and driving business value.
- Qualifications: Experience in SaaS vendor management and strong communication skills required.
- Other info: Work once a week in the office, perfect for balancing studies and work.
The predicted salary is between 40000 - 52000 £ per year.
We are looking for an IT SaaS Vendor Management Lead to manage key vendor relationships, ensuring value for the business and compliance with standards. This role involves overseeing contractual performance, supporting security assessments, and guiding Relationship Managers.
Key Responsibilities:
- Manage SaaS vendor performance, ensuring cost efficiency and business value.
- Develop and maintain SaaS assurance models covering security, compliance, and governance.
- Negotiate commercial terms for IT contracts.
- Support contract discussions with the Procurement Team.
- Identify and mitigate risks associated with SaaS vendors.
- Build strong vendor relationships for long-term value.
Required Skills & Experience:
- Experience managing SaaS vendors.
- Knowledge of SaaS assurance models, including security and compliance.
- Familiarity with PRA S2/21, ISO27001:2022, and IT contract negotiation.
- Strong stakeholder management and communication skills.
- Ability to analyse service metrics and manage change effectively.
- Self-motivated, organised, and a team player.
Vendor Relationship Manager employer: IPS Group
Contact Detail:
IPS Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Vendor Relationship Manager
✨Tip Number 1
Familiarise yourself with the latest trends in SaaS vendor management. Understanding current best practices and emerging technologies can give you an edge in discussions and demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the SaaS industry. Attend relevant events or join online forums to connect with others who have experience in vendor management. This can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed vendor relationships in the past. Highlight your negotiation skills and any improvements you've made in vendor performance to showcase your capabilities.
✨Tip Number 4
Research StudySmarter's approach to vendor management and its values. Tailoring your conversation to align with our mission can help you stand out as a candidate who is genuinely interested in contributing to our success.
We think you need these skills to ace Vendor Relationship Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience managing SaaS vendors and your knowledge of SaaS assurance models. Use specific examples that demonstrate your skills in stakeholder management and contract negotiation.
Craft a Compelling Cover Letter: In your cover letter, explain why you are the perfect fit for the Vendor Relationship Manager role. Mention your familiarity with relevant standards like PRA S2/21 and ISO27001:2022, and how you can contribute to building strong vendor relationships.
Showcase Relevant Experience: When detailing your work history, focus on your achievements in managing vendor performance and mitigating risks. Use metrics where possible to illustrate your impact on cost efficiency and business value.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for the role.
How to prepare for a job interview at IPS Group
✨Showcase Your Vendor Management Experience
Be prepared to discuss your previous experience managing SaaS vendors. Highlight specific examples where you ensured cost efficiency and business value, as this will demonstrate your capability in the role.
✨Understand SaaS Assurance Models
Familiarise yourself with SaaS assurance models, particularly around security and compliance. Be ready to explain how you've applied these models in past roles, as this knowledge is crucial for the position.
✨Prepare for Contract Negotiation Scenarios
Anticipate questions related to IT contract negotiation. Think of scenarios where you successfully negotiated terms and how you handled challenges during those discussions, as this will showcase your negotiation skills.
✨Demonstrate Strong Stakeholder Management Skills
Prepare to discuss how you've effectively managed relationships with various stakeholders. Use examples that highlight your communication skills and ability to build long-term vendor relationships, which are key for this role.
