Summary: The Outsourcing Specialist role at a multicultural Wealth Manager/Bank involves managing vendor relationships, ensuring compliance, and aligning vendor strategies with business goals. The position requires strong analytical and interpersonal skills to facilitate effective collaboration and improve operational efficiency. This role offers opportunities for professional growth in a dynamic financial environment. Candidates will contribute to innovative financial solutions while working in a supportive team atmosphere.

Key Responsibilities:

• Oversee and manage vendor relationships to ensure effective collaboration.
• Facilitate onboarding/offboarding processes for vendors while upholding compliance standards.
• Conduct due diligence and risk assessments for suppliers, ensuring enterprise-wide compliance.
• Draft, negotiate, and manage contracts with vendors while tracking renewal dates and obligations.
• Track and report vendor performance against contracts and costs.
• Identify trends and opportunities for cost savings and quality improvement.
• Ensure adherence to outsourcing regulations in the financial sector.
• Align vendor management strategies with business goals.
• Collaborate with internal teams to integrate vendor practices into organizational strategies.
• Address issues proactively to ensure smooth operations.
• Support vendor-related projects using efficient methodologies.
• Streamline processes for improved execution.
• Assist in developing and maintaining Business Continuity Plans aligned with organizational goals.

Key Skills:

• Excellent communication and negotiation abilities.
• Methodical approach to process improvement for efficiency and scalability.
• Expertise in project management methodologies.
• Strong planning, prioritization, and time-management skills.
• Strong interpersonal skills to build relationships across all levels of the organization.
• Analytical mindset with attention to both big-picture strategies and detailed processes.
• High computer literacy with adaptability to new systems.

Salary (Rate): undetermined

City: London

Country: United Kingdom

Working Arrangements: undetermined

IR35 Status: undetermined

Seniority Level: undetermined

Industry: Finance