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- Tasks: Manage vendor relationships and IT procurement for a global hedge fund.
- Company: Join a leading global hedge fund with a strong market presence.
- Benefits: Enjoy a competitive salary, significant bonuses, and top-tier benefits.
- Why this job: Be part of a dynamic team driving innovation in technology and vendor management.
- Qualifications: 3-8 years in vendor management and IT procurement; degree preferred.
- Other info: Opportunity to work on exciting projects and improve processes across the fund.
The predicted salary is between 72000 - 120000 £ per year.
My client, a global, market leading hedge fund, are looking to make a high priority, newly created hire for their London based Vendor Management team. The hire will take on a global remit and act as a main point of contact and chief liaison between the fund and all 3rd party software and technology providers.
The role will sit in a centralized vendor management function based in London but will have coverage of vendor management and IT procurement across all jurisdictions that the fund operates in. The individual hired into this role will be working with teams across the entire fund including technology, data management and business management, albeit with a heavier focus on IT.
You will actively work with key stakeholders internally and externally on managing contracts (renewals, adjustments and negotiations), building relationships with and onboarding new IT software vendors and help improve BCP and connectivity for employees in all jurisdictions.
This role will include project work whereby you will be working on constant process improvement, mapping potential changes in market vendors and leading the process of implementing new software/technology to be used by teams across the fund.
Ideal candidates should have 3 – 8 years of experience with 3rd party vendor relationship management (strong stakeholder engagement skills are crucial), IT category procurement, as well as having worked on contract renewals, service licensing and taking ownership of key stakeholder relationships. It would be helpful for a candidate to have a degree / solid academics in a relevant field.
My client are offering a base salary of up to £100K on the base + a significant bonus percentage for a top performer. The firm offer one of the best benefits packages in the London hedge fund space.
IT Procurement Management Specialist - Global Hedge Fund - Up to 100K base + Large Bonus employer: Mondrian Alpha
Contact Detail:
Mondrian Alpha Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land IT Procurement Management Specialist - Global Hedge Fund - Up to 100K base + Large Bonus
✨Tip Number 1
Network with professionals in the hedge fund and IT procurement sectors. Attend industry events, webinars, or local meetups to connect with individuals who may have insights or connections that could help you get noticed by our hiring team.
✨Tip Number 2
Familiarise yourself with the latest trends in vendor management and IT procurement. Being knowledgeable about current market vendors and emerging technologies will not only boost your confidence but also impress us during any discussions.
✨Tip Number 3
Prepare to discuss specific examples of your experience with stakeholder engagement and contract negotiations. We value candidates who can demonstrate their ability to build relationships and manage complex vendor interactions effectively.
✨Tip Number 4
Research our company culture and values. Understanding what we stand for and how we operate will help you tailor your approach and show us that you're genuinely interested in being part of our team.
We think you need these skills to ace IT Procurement Management Specialist - Global Hedge Fund - Up to 100K base + Large Bonus
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in vendor management and IT procurement. Use specific examples that demonstrate your stakeholder engagement skills and any successful contract negotiations you've led.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your background aligns with the responsibilities outlined in the job description, particularly your experience with 3rd party software vendors and process improvement.
Highlight Relevant Skills: Emphasise skills that are crucial for this role, such as relationship management, negotiation, and project management. Use keywords from the job description to ensure your application resonates with the hiring team.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is essential in procurement management.
How to prepare for a job interview at Mondrian Alpha
✨Understand the Role
Make sure you have a clear understanding of the IT Procurement Management Specialist role. Familiarise yourself with vendor management, contract negotiations, and stakeholder engagement, as these are key aspects of the job.
✨Research the Hedge Fund
Do your homework on the hedge fund's operations, values, and recent news. Knowing their market position and how they manage their vendor relationships will help you tailor your answers and show genuine interest.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills and experience in managing vendor relationships. Think of specific examples from your past work where you successfully navigated challenges or improved processes.
✨Showcase Your Stakeholder Engagement Skills
Since strong stakeholder engagement is crucial for this role, be ready to discuss how you've built and maintained relationships in previous positions. Highlight any successful negotiations or collaborations that demonstrate your ability to work effectively with diverse teams.
