Imported from previous forum
Certain parts of our key capabilities such as e-Trading and connectivity/FIX are bought from third party vendors who are experts in their field. Upgrades, defects, issues, enhancements, and support is provided by these vendors. As a result Our Client is dependant on the service provided by these vendors.
Our Client also partners with other companies for assistance in markets where Our client does not have a presence (due to regulatory or business reasons), or where Our Client chooses to use third parties for business reasons. Again Our client is dependant on the service provided by these partners.
Such risks to Our client and our clients Customers requires effective vendor management. In addition, such capabilities drive large costs which require skilled negotiation, quality management and strong vendor relationship building.
This role has been created to effectively manage our vendors/partners and as a result pro-actively meet the needs of our customers and Our clients business objectives.
Main business contact between vendor and Our Client: 10%
*Develop superior working relationship with
vendors.
*Set-up good internal communication network to
effectively manage the vendors.
*Work effectively with Strategic Vendor Manager,
and Technical Vendor Owner.
Price and Service Negotiations: 10%
*Price and service negotiations to assist
Strategic Vendor Manager
Global co-ordination and resolution of day to day issues/defects, and enhancements:60%
*Thorough understanding of vendor products from a
business and technical standpoint.
*Priority setting.
*Communication internally and with vendor on
priorities and progress.
*User group participation.
Business Management:20%
*Report and record vendor contact and service
level non-compliance.
*Responsible for preparation and monitoring of
P&L’s, budgets, and allocations
SKILLS REQUIRED:-
1)10 years experience working with multi-asset
class products
2)3 years experience in vendor management
3)5 years infrastructure and e-Trading technical
experience. And / or development and support of
enterprise applications
4)Strong collaborative skills at all levels -
internal and external customers, vendors.
5)Good industry knowledge and market awareness
FIX, E-Trading,Equities,OTC and Futures
6)Recommendation of pricing to Strategic Vendor
Manager after negotiations with vendors.