IT Vendor Management Lead

AMS is the world's leading provider of Talent Acquisition and Management Services. Our Contingent Workforce Solutions (CWS) service, partner with Deutsche Bank to support contingent recruitment processes.
On behalf of Deutsche Bank, we are looking for a IT Vendor Management Lead for a 6 month contract based in London . (Hybrid Working)
Deutsche Bank is a global banking business with strong roots in Germany and operations in over 70 countries. Their large but focused footprint gives an established position in Europe plus a significant presence in the Americas and Asia Pacific. There are four business divisions: the Corporate Bank, the Investment Bank, the Private Bank and the Asset Manager DWS. There are also a number of highly skilled functions performing key management tasks.
'Together we're sharing new perspectives and transforming what it means to be a bank.'
Key responsibilities
This role will focus on renegotiating a number of existing contracts mainly for IT vendors.
Responsibilities: Lead the renegotiation of existing contracts with IT service providers to optimise terms, conditions, and pricing in alignment with organisational objectives.
Vendor Management: Develop and maintain relationships with IT service providers, ensuring effective communication, performance monitoring, and issue resolution.
Cost Optimisation: Identify cost-saving opportunities through contract renegotiation, benchmarking, and market analysis, while maintaining service quality and compliance standards.
Risk Management: Assess and mitigate risks associated with contracts, ensuring compliance with regulatory requirements and industry standards.
Stakeholder Collaboration: Collaborate with internal stakeholders, including IT, legal, finance, and business units, to understand requirements, align strategies, and achieve consensus on contract terms.
Skills and Qualifications
5 to 10 years of relevant experience in Procurement
Ideally including experience of Procurement working in Financial Services industry
Strong contract knowledge, especially in understanding risk and regulatory content that is necessary in vendor contracts in Financial Services industry
Strong negotiation skills especially in 'single supplier' negotiations
Deutsche Bank's Values
Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs, and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
This client will only accept workers operating via a PAYE engagement model.
AMS's payroll service is in partnership with Giant, we have worked with them for many years and have good processes in place to ensure you get the best service. If you are successful in your application for this role, your contract will be via Giant.
AMS, a Recruitment Process Outsourcing Company, may in the delivery of some of its services be deemed to operate as an Employment Agency or an Employment Business.

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