Senior Vendor Manager

Job Description

When you work with the UKs most innovative companies, you know youre making a difference.SVB UK (backed by HSBC) is the banking partner to the UKs leading innovators and investors: we support the growth of startups, scaleups, and technology corporates along with the UKs investor, Venture Capital and Private Equity community.Our clients come to us for our deep industry knowledge, expansive network and unique experience helping innovative companies within the UK grow and succeed. They stay because our diverse, passionate and enterprising teams make a real difference to theirbusiness.Join us and help us bring our clients game-changing ideas to life.We believe that diverse perspectives and inclusive environments ignite new ideas and power innovation. This is why we are building a culture of belonging with a workforce that reflects the markets we serve.The RoleThe EMEA Senior Vendor Manager will report to the Head of Outsourcing & Vendor Management and will be responsible for supporting the development of the function as well as the 3rd party relationships for the benefit of the EMEA business.The role holder will have a proven track record of outsourcing and third party risk management within financial services and of partnering with the business across all levels ensuring that vendors managed to appropriate regulatory requirements, are strategicallyaligned, meet/ exceed the needs of the business whilst optimizing the commercial position and understanding/ balancing the risk exposure of the Bank to an appropriate level.Responsibilities:

• Day to day management of assigned vendors ensuring appropriate governance and oversight is in place and appropriately documented in line with SVB policies and regulatory requirements
• Develop, agree and implement action plans where needed to bring relationships to the required standard or further enhance the outsource relationship
• Negotiation of commercial and contractual aspects of the relationship partnering with the Sourcing & Procurement team
• Pro-actively identify outsource opportunities, cost reduction options through re-negotiation, supplier consolidation etc.
• Keep abreast of the Outsourcing regulatory arena working with the Outsourcing & Vendor Management Director to ensure that all practices remain compliant to the latest requirements and best practices
• Ensure risks associated to outsource relationships are determined, understood, mitigated or accepted as appropriate.
• Support and actively contribute to the build out of the function ensuring all development align with business and regulatory requirements.

Skills

• Prior experience in vendor management within a financial services environment
• CIPS qualification beneficial
• Strong interpersonal, analytical, problem solving, organizational, prioritization, decision-making, and conflict resolution skills.
• Positive energy, spirit of collaboration and partnership
• Proactively build internal relationships across all levels of the organisation
• Strong communication abilities, including strong written and verbal skills, and the ability to explain complex issues and convey information, both internally and externally, in an articulate and professional manner

Competencies

• Client Focus
• Problem Resolution
• Results Driven
• Takes Initiative / Self Motivated
• Performance Management
• Personal Accountability

We know that some people may be put off from applying for a role if they dont meet all elements of a job description. If youre in this camp but think you can make a difference to our business, then why not give us a tryWe pride ourself on our approach to workforce flexibility. Talk to us about where, when and how you want to work which will enable you to bring your A game to workSVB UK is an equal opportunities employer. If you need adjustments for any part of the recruitment process, please contact us atSVB UK is a UK standalone independent commercial bank, regulated by the PRA and backed by HSBC Group.