Sourcing Manager- Vendor Manager - Procurement

3x Sourcing Managers with Commercial Management experience required for leading banking client in Coventry.

Role responsibilities:
*Assist Head of Procurement and Vendor Management Project Lead to define and execute a sourcing/contract plan for your allocated suppliers/categories.
*Work closely with the Head of Procurement, supplier and service management colleagues and peer in the Sourcing community to ensure sourcing plans are aligned with business strategy.
*Undertake the novation of, amendments to or integration of agreements as appropriate
*Identify opportunities to improve commercial terms with selected suppliers
*Assist supplier and service management colleagues in identifying and driving out benefits from your suppliers.
*Lead contract negotiations and obtain the appropriate support.
*Provide a formal handover of contracts to the designated Supplier Manager
*Feed into supplier risk management reporting requirements.
*Take responsibility for P2P processes with your suppliers including but not limited to setting up on SAP
*Develop and maintain strong internal stakeholder relationships and engagement at the appropriate level with our suppliers

Skills requirement:
*Proven track record in contract negotiation across a range of categories
*Demonstrable knowledge in contract law and contract drafting.
*Demonstrable commercial skills, knowledge and experience.
*Proven track record of developing and maintaining strong stakeholder and supplier relationships.
*Understanding of regulatory and risk management requirements preferred.