FAQs
What is the role of a Vendor Relationship Manager at Parameta Solutions?
The Vendor Relationship Manager plays a crucial role in managing and optimizing vendor partnerships, ensuring compliance with procurement policies and third-party risk management requirements, and overseeing commercial and contractual aspects of vendor agreements.
What are the key responsibilities of this position?
Key responsibilities include managing vendor relationships, negotiating contracts, ensuring compliance with regulations, benchmarking services, capturing strategic business needs, and participating in procurement transformation initiatives.
What experience is necessary for this role?
Essential experience includes supplier relationship management, commercial management, procurement experience within the technology sector, proficiency in SRM best practices, and familiarity with third-party risk management principles.
Is prior procurement experience necessary?
Yes, procurement experience within the Technology Industry sector is preferred for this role.
What skills are desired for the Vendor Relationship Manager position?
Desired skills include effective written and verbal communication, ability to work in fast-paced environments, analytical and problem-solving skills, high organizational skills, and knowledge in Microsoft applications like Word, Excel, and PowerPoint.
How does TP ICAP view diverse candidates applying for the role?
TP ICAP encourages all candidates to apply, even if they do not meet every aspect of the job description, as they believe potential and enthusiasm are significant factors.
What location is this position based in?
The position is based in Madrid, Spain at Paseo de la Castellana.
What is the company’s stance on inclusivity and diversity?
TP ICAP values inclusivity and cultivates a work environment that fosters collaboration, where diverse perspectives and skills are essential for innovation and improvement.
Is there a support team for applicants who may have questions about their qualifications?
Yes, the dedicated Talent Acquisition team at TP ICAP is available to assist candidates in recognizing how their unique skills can be valuable contributions.
What kind of procurement processes will the Vendor Relationship Manager be involved in?
The Vendor Relationship Manager will be involved in contract negotiations, renewals, sourcing of new contracts, and supporting procurement transformations.
What type of agreements will the Vendor Relationship Manager oversee?
The role will oversee key commercial, contractual, and performance aspects of intra-group and external vendor agreements, including the Major Direct Service Agreement (MDSA) and Long-Term Service Agreements (LTSA).