IT Analyst

Vendor/Supplier Relations:

• Support in overseeing and managing external vendor/supplier relationships to ensure effective collaboration and communication.
• Facilitate the onboarding and offboarding processes for vendors and suppliers, ensuring smooth transitions and adherence to policies.
• Conduct thorough due diligence and risk assessments for all vendors and suppliers to ensure compliance with enterprise-wide standards.
• Implement and monitor ongoing vendor risk management practices to mitigate potential risks associated with outsourcing.
• Track and oversee renewal and expiry dates of all contractual agreements, ensuring timely renewals and adherence to contractual obligations.

Performance Monitoring and Reporting:

• Coordinate, track, measure, and report vendor/supplier performance against contractual obligations and costs.
• Analyse data to identify trends, track performance, and make informed decisions to optimise vendor relationships.
• Identify commercial sourcing opportunities and support the tendering process to ensure quality of service and value for money.
• Continuously review and assess the best routes to market to meet business needs and drive cost efficiencies.
• Ensure compliance with relevant regulations and standards governing outsourcing and vendor management in the financial sector.
• Stay updated on regulatory changes and implement necessary adjustments to vendor management practices.
• Utilize analytical expertise to identify savings opportunities and deliver measurable cost savings.

Strategic Alignment and Problem Solving:

• Align vendor management strategies with the bank's overall business goals and objectives, ensuring strategic coherence.
• Collaborate with internal stakeholders to integrate vendor management practices into broader organizational strategies.
• Address and resolve issues that arise in vendor relationships, ensuring smooth operations and minimal disruptions.
• Implement proactive measures to prevent potential issues and enhance vendor performance.

Interested? Please Apply!

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