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Our client is currently actively looking to hire 2 IT Contract & Commercial Managers to report to and be supported by a Principal Contract and Commercial Manager, you will take personal responsibility and accountability for IT suppliers within your scope and will act as a subject matter authority and role model demonstrating our clients values to the benefit of the wider company. This role provides a great opportunity to join, and help further develop, a team dedicated to providing a centre of excellence in contract and commercial management across the client.
Location: London / Hybrid (2 days per week in the office required)
Duration: 6 Months
Rates: Negotiable - Inside IR35 (via Umbrella Company)
Role Responsibilities:
The purpose of the role is to manage contracts in line with the best practise and in accordance with defined policy and standards as well as supporting colleagues in IT and 3rd party performance management roles.
You'll apply appropriate contractual and commercial management skills, tools and techniques in order to ensure the effectiveness of supplier relationships to meet and exceed contractual obligations, to manage value and to minimise risk.
The candidate will manage contract and commercial risk across the supply landscape, ensuring both the company and supplier adherence to contractual obligations and drive additional opportunities where identified, combining market intelligence with a deep understanding of existing supplier arrangements and business requirements to improve value, both supporting and leading commercial negotiations including work order and contract variation approvals.
You will work closely with business colleagues and procurement to build fit-for-purpose contracts, handle contract and commercial risk and support disputes, breaches and exits, whilst utilising appropriate processes, systems, controls and governance mechanisms to ensure both the business and supplier adherence to contract obligations.
Experience Required:
- In-life contract and commercial management for large scale medium and long term contracts in a regulated environment, ideally within Financial Services OR Insurance sector
- Contract Management
- Value Management
- Running Supplier Governance Meetings - Nice to Have
- Commercial and stakeholder management skills, and a consistent track record of building strong internal business and supplier relationships at every level
- Developing and managing multiple IT contracts in a regulatory environment
- Highly effective communicator with the ability to influence at all levels
- Strong negotiation skills, being able to demonstrate experience of supporting, leading and managing negotiations for complex IT agreements, including dispute management
- Degree level or equivalent qualification / CIPS qualification preferable but not essential
- Any experience of working with FNZ as a 3rd Party Supplier would be an Advantage
