Procurement and Vendor Manager

Job TitleProcurement and Vendor ManagerJob DescriptionThe RoleWe 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 involve in commercial management of the 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.Key responsibilities:Oversee the end-to-end procurement process, from requisition to paymentDevelop, issue and manage Requests for Proposal (RFPs)Develop, review, negotiate and manage vendor contracts in accordance with company policiesEnsure contract terms align with business objectives and mitigate risks effectivelyWork closely with business teams to understand the appropriate terms and conditions of contractsEnsure that contract requirements are resolved in appropriate timeframesCollaborate effectively with legal, risk and finance teams to ensure compliance to company policy and proceduresContinuous review and monitoring of contract changes and identify gaps and improvement opportunitiesMonitor vendor performance against SLAs and KPIsConduct regular vendor reviews to ensure adherence to contract terms and company guidelinesBuild strong relationships with vendors to enhance service quality, cost effectiveness and continuous improvementDrive process improvements to enhance operational efficiencies and reduce vendor related risksUndertake other responsibilities as required for the proper performance of the roleSkills/ExperienceEssential8+ years of experience in contract and vendor management, preferably within the financial services sectorStrong knowledge and experience in contract and vendor life-cycle management, contract negotiation and managing vendor relationshipsExcellent analytical, problem solving and decision-making skillsStrong communication and stakeholder management abilitiesExceptional attention to detailDesirableExperience of specific re-insurance industry would be desirable but other industries would be considered.Contract related certification preferred – IACCM and/or CIPSPersonal CharacteristicsCollaborates well with all levels of management and employeesGood Communicator – succinctly communicates product vision to all stakeholders in a compelling and effective wayData Driven – values evidence, research and customer feedbackDecisive – makes effective customer centric decisionsFlexible – 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. Of course, 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, by actively fundraising, hosting charity events and overseeing volunteering opportunities.Benefits (Only for Permanent and Fixed Term Employees)• Stakeholder Pension Scheme• Life Assurance• Subsidised Gym Membership• Private Medical Insurance• Season Ticket Loan• Eye Care• Employee Assistance Programme• Group Income Protection• Wellness BenefitsAs 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.Pacific Life Re Principles and BehavioursPlease click here to view our company principles and behaviours #J-18808-Ljbffr