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- Tasks: Manage vendor relationships and ensure smooth operations for an international bank.
- Company: Join a prestigious international bank located in the vibrant West End of London.
- Benefits: Enjoy a permanent role with a flexible working pattern and competitive salary.
- Why this job: Be a key player in enhancing vendor performance and driving business efficiency.
- Qualifications: Experience in vendor management and contract negotiation, preferably in banking.
- Other info: Opportunity for career growth in a dynamic and supportive environment.
The predicted salary is between 54000 - 84000 £ per year.
Our client, an International Bank based in London, currently seeks 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.
Senior Outsourcing & Vendor Officer employer: Kennedy Pearce Consulting
Contact Detail:
Kennedy Pearce Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Outsourcing & Vendor Officer
✨Tip Number 1
Network like a pro! Reach out to your connections in the banking and finance sector. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the company and its vendor management practices. Think about how your experience aligns with their needs, especially in contract negotiation and compliance. We want you to shine when it’s your turn to impress!
✨Tip Number 3
Showcase your problem-solving skills! Be ready to discuss specific examples of how you've resolved vendor issues in the past. This will demonstrate your ability to maintain smooth operations and enhance vendor performance.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Senior Outsourcing & Vendor Officer
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Outsourcing & Vendor Officer role. Highlight your experience in managing vendor relationships and contract negotiations, as these are key for us. Use specific examples that showcase your skills in the financial sector.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention your familiarity with regulatory standards and how you've successfully managed vendor performance in the past. Keep it engaging and relevant!
Showcase Your Project Management Skills: Since project management is essential for this role, make sure to highlight any relevant experience. Talk about how you've handled projects related to vendor management or business continuity planning. We love seeing how you can contribute to our efficiency!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it shows you're keen on joining our team!
How to prepare for a job interview at Kennedy Pearce Consulting
✨Know Your Vendors
Before the interview, research the vendors and suppliers the bank works with. Understand their services and how they align with the bank's operations. This will show your potential employer that you’re proactive and genuinely interested in the role.
✨Master Contract Negotiation
Brush up on your contract negotiation skills. Be prepared to discuss your past experiences in drafting and negotiating contracts. Think of specific examples where you achieved favourable terms or resolved conflicts, as this will demonstrate your expertise.
✨Understand Regulatory Standards
Familiarise yourself with the regulatory standards that govern outsourcing and vendor management in the financial sector. Being able to discuss these regulations confidently will highlight your knowledge and readiness for the role.
✨Showcase Problem-Solving Skills
Prepare to share examples of how you've resolved issues in vendor relationships in the past. Highlight your approach to enhancing vendor performance and any measures you've implemented to prevent challenges, as this is crucial for the role.
