IT strategic Sourcing Manager (Experienced in Contract negotiation and IT Procurement services)

Job title:

IT strategic Sourcing Manager (Experienced in Contract negotiation and IT Procurement services)

Company

MUFG Investor Services

Job description

Company DescriptionExperience something Brilliantly Different with a career at MUFG Investor Services.Who are we? In a nutshell, MUFG Investor Services is part of the Mitsubishi UFJ Financial Group, and we partner with over 480 loyal global investment firms to provide them with administration, asset services, banking and fund financing.We’re in 14 global locations and provide an exceptional hub of Brilliantly Different talent to thrive.#LI-HybridJob Description

• Understand and take ownership for contractual, commercial, and operational working relationships with vendors to ensure that contractual commitments are delivered across operations and business areas
• Responsibility for category spend focus which will include sourcing IT vendors, contract negotiations, performance, relationship, and procurement decisions
• Single point of contact to IT stakeholders and ensuring vendors delivering IT products or services
• Support business stakeholders and take responsibility for cost savings strategy (100+ vendors), categorization, and prioritization of vendor relationships, managing supply chain risks , contract maintenance, review of risk assessments
• Global lead to IT business management to manage and administer contracts for IT hardware and software spend. Work through subcategories, developing a strategy for vendor cost consolidation or reduction plan. Demonstrates a comprehensive understanding of business requirements and IT category ownership by creating and defending category strategies and decisions with analytics.
• Manage negotiations of IT contracts and ensure best practices to protects the company’s assets. Create transparent documents to manage and maintain IT contract inventory
• Establish, implement, enforce vendor guidelines, obligations and service levels agreements to the organization to ensure timely deliveries to orders/requests
• Research and make recommendations on software products and services in support of procurement and development efforts. Conduct benchmark studies as appropriate. Identify sourcing trends for continuous improvement
• Develop IT supplier score card to measure supplier performance against agreed upon key performance indicators; tracks compliance and support formal management reporting to director and other members of senior management
• Support creation of reports and review of vendor spend analytics, including trend reports
• Evaluates vendor performance for the preferred vendors within the IT category they oversee
• Participates in policy reviews for IT Procurement Services, support compliance to third party policy and procedures (vendor onboarding and outsourcing compliance)
• Work closely with legal counsel in ensuring contract execution is efficient and timely
• Handles invoice dispute escalation on IT contract commitments with vendors and liaise with Finance
• Support build of main vendor repository to ensure effective contract management and vendor relationships are maintained for strong backup coverage
• Join a vendor management team to support change efficiency projects and other various tasks

Qualifications

• A bachelor’s degree is typically required, preferably in an analytical field (such as business, economics or finance)
• Knowledge of category management practices, experience in negotiating contracts/ agreements and strong vendor management skill
• Strong experience in project management and contract negotiation
• Experience developing presentations and presenting to management and other internal groups
• Strong Communications Skills, both Oral and Written, and be able to participate and/or lead meetings
• Must be able to evaluate and compare supplier quotes, bids and information and make a recommendation based on the findings. Will present these findings in summary and provide supporting documentation
• PC proficiency to include Excel, PowerPoint, PowerBI familiarity, Smartsheets a plus

Additional InformationWhat’s in it for you to join MUFG Investor Services?Take a look at our careers site and you’ll find everything you’d expect from a career with the fastest-growing business at one of the world’s largest financial groups. Now take another look. Because it’s how we defy expectations that really defines us. You’ll feel that difference in all kinds of ways. Our vibrant CULTURE. Connected team. Love of innovation, laser client focus, and next-level LEARNING & DEVELOPMENT. Oh, and we really walk the talk when it comes to HYBRID WORKING.So, why settle for the ordinary? Apply now for a Brilliantly Different career.We thank all candidates for applying; however, only those proceeding to the interview stage will be contacted.

Expected salary

Location

London

Job date

Wed, 20 Mar 2024 23:27:33 GMT

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