Vendor Management Associate | S2 | SCIB

Vendor Management Associate | S2 | SCIB

Country: United Kingdom

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Santander Corporate & Investment Banking (SCIB) is Santander's global division that supports some of the world's most complex and sophisticated corporate and institutional clients, offering customized services and value-added wholesale products to best meet their needs.

An exciting position has arisen within the Third-Party Management function for a Vendor Management Associate.  You’ll be responsible for ensuring the implementation of an effective Vendor Management Model and appropriate controls to enable the business to engage Third Parties and Outsourced service providers in line with Corporate Framework and UK regulatory expectations.

This is a varied role where you’ll be involved in execution and oversight of the Vendor Management activities to ensure timely delivery. This includes tender process and contract management to ensure compliance with corporate processes and UK regulatory requirements.

The difference you’ll make:

• Influencing sourcing and selection of suppliers ensuring the risk elements are incorporated and value for money is achieved
• Managing the contracts renewal process for specific contracts as required by Policy by providing SME review (including the review of supplier KPIs), and challenge where appropriate
• Re-designing the framework and mechanisms in place to monitor, review and validate contract and supplier performance data and developing mitigation plans with agreed actions
• Reviewing supplier commercial proposals and options to ensure appropriate fit with both business requirements
• Supporting the strategic reviews of individual suppliers and categories, using high quality market intelligence
• Building and developing effective relationships with key business stakeholders to understand the business needs and propose appropriate solutions in relation to procurement of goods and services

What you’ll bring:

These are the essential requirements you need to be successful in this role:

• Previous experience or working in a risk management position in a banking / financial institution
• Understanding of Procurement and Vendor Management regulations including Outsourcing and Third-Party Risk Management
• Personal resilience and ability to operate and lead team in a high intensity environment
• Relationship building and management with both internal and external customers and partners

It would also be nice for you to have:

• Experience of working in a Vendor Management environment
• Proven ability to meet deadlines and proactively identify and deal with challenges
• Excellent communication skills and managing relationships and engaging both internal and external stakeholders at different levels of seniority
• Experience of presenting findings from analysis in a clear and articulate manner to senior stakeholders

What else you need to know:

This role is based at our offices in Triton Square, London located within easy walking distance from Warren Street and Euston.

We want our people to thrive at work and home, and also be able to deliver the best outcomes for our customers and to help each other develop. To support this, we offer site-based contracts with a hybrid working pattern and our expected level of attendance in an office is at least 3 days a week (pro-rata for part-time roles).

If you apply for this role in this location, it’s important you consider your travelling distance, time and cost from your home to the office location.

We’re happy to discuss specific working patterns and arrangement within this hybrid approach during the recruitment process.

If you’re interested in this role but with part time hours or a job-share we would still love to hear from you and discuss these.

Inclusion

At Santander we’re creating a thriving workplace where all colleagues feel they belong and are supported to succeed.  We all help to make Santander a workplace that celebrates diversity and attracts, retains and develops the most talented and committed people through living our values of Simple, Personal, and Fair.

How we’ll reward you.

As well as a salary, we offer a wide range of benefits that you can choose from and tailor to your needs. 

• Eligible for a discretionary performance-related annual bonus.
• We put 8% of salary into your pension, even if you don’t contribute yourself. We’ll pay in up to 12.5% of salary, if you contribute as well, and you can take some of