vendor manager k our client a leading insurance organisation require a vendor manager to join the vendor management team to ensure that the commercial and contractual aspects of all it service and change delivery exist to the extent that they gain maximum value from its technology based contracts in addition the role is responsible for the establishment and maintenance of sourcing and procurement policies and identifying cost saving opportunities across their existing supplier base commercial management experience to build and manage ongoing relationships is vital and the ability to apply best practice to set up and improve processes the role is not so much procuring strong negotiating it is a sourcing role but specific to it candidates will need to understand it and the contracts that they are procuring so they can understand what it means operationally eg meeting slas enforcing penalties etc responsibilities for vendor manager identify manage and mitigate sourcing risks in all contractual arrangements contribute to the it sourcing strategy and framework for the it organisation to delivery business strategy support business leaders in commercial negotiation processes represent commercial interests in established and contractual governance forums produce the sourcing policies that underpin the sourcing strategy and a framework for the it organisation in order to support the delivery of it strategy support the delivery of change projects and programmes essential requirements vendor manager experience of contract negotiation interpretation and ongoing delivery of contractual obligations financial services experience experience of managing vendors external suppliers in the technology sector experience of contract execution and ongoing delivery of contractual obligations as well as writing contracts experience of managing external service suppliers in the technology sector proven experience of successfully negotiating complex it service agreements please send your cv to robannapurnaitcom to submit your interest in this position location london salary k plus fantastic benefits vendor manager annapurna it is acting as a recruitment agency in regard to this role