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Vendor Manager

83zero Limited
Posted 2 days ago, valid for a month
Salary

£90,000 per annum

Contract type

Full Time

In order to submit this application, a TotalJobs account will be created for you. As such, in addition to applying for this job, you will be signed up to all TotalJobs’ services as part of the process. By submitting this application, you agree to TotalJobs’ Terms and Conditions and acknowledge that your personal data will be transferred to TotalJobs and processed by them in accordance with their Privacy Policy.

Vendor Manager
Hybrid (London-based office with remote flexibility)
Up to £90,000 per annum + Benefits
Permanent

83zero are partnered with a leading financial payments company at the forefront of innovation in the payments sector. They are dedicated to providing secure, efficient, and scalable payment solutions to a global client base.

We are seeking a Vendor Manager to oversee our strategic vendor relationships, particularly with large payment companies, and ensure optimal performance, cost-efficiency, and compliance. You will be responsible for managing third-party relationships, negotiating contracts, ensuring regulatory compliance, and driving vendor performance in line with business objectives. A key focus of this role will be establishing and maintaining partnerships with major payment providers while optimising third-party management strategies.


Key Responsibilities

  • Vendor Strategy & Management: Develop and implement vendor management strategies aligned with business goals, with a strong emphasis on large payment providers.
  • Contract Negotiation: Lead negotiations to secure favourable terms while ensuring compliance with regulatory and legal standards.
  • Performance Monitoring: Establish key performance indicators (KPIs) and conduct regular vendor assessments to ensure service level agreements (SLAs) are met.
  • Third-Party Management: Oversee relationships with external vendors, ensuring seamless integration of services and mitigating any risks associated with third-party dependencies.
  • Stakeholder Collaboration: Work closely with procurement, legal, finance, and operational teams to align vendor strategies with business objectives.
  • Cost Optimisation: Analyse vendor spend and seek cost-saving opportunities without compromising service quality.
  • Compliance & Governance: Ensure all vendors adhere to industry regulations, data protection policies, and company compliance standards.
  • Process Improvement: Continuously refine vendor management frameworks and best practices to enhance efficiency and effectiveness.

Key Requirements

  • Experience: 5+ years of vendor management experience within financial services, fintech, or payments industries, with a proven track record of managing relationships with large payment providers.
  • Knowledge: Strong understanding of payment processing ecosystems, compliance (e.g., FCA regulations, PSD2, GDPR), and procurement best practices.
  • Negotiation Skills: Proven ability to negotiate complex contracts and manage vendor disputes effectively.
  • Stakeholder Engagement: Experience working with C-level executives, legal, finance, and operational teams to align vendor strategies.
  • Analytical Ability: Strong data-driven decision-making skills with experience in financial analysis and reporting.
  • Technology Proficiency: Familiarity with vendor management systems (VMS), procurement software, and financial services technology.
  • Education: Bachelor's degree in Business, Finance, Procurement, or a related field. Professional certifications (e.g., CIPS, ITIL) are a plus.

Please apply with your most up to date CV or email at

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In order to submit this application, a TotalJobs account will be created for you. As such, in addition to applying for this job, you will be signed up to all TotalJobs’ services as part of the process. By submitting this application, you agree to TotalJobs’ Terms and Conditions and acknowledge that your personal data will be transferred to TotalJobs and processed by them in accordance with their Privacy Policy.