IT Commercial Manager
About the team:
Working within The Office of the CIO, (Chief Information Officer) IT Commercial and Supplier Relationship Management support IT colleagues with their procurement and subsequent supplier management activities. The team work closely with IT Risk, Reporting and Group Vendor Management to provide contractual, governance and commercial cover for the Bank.In addition, the team works with a dynamic group of stakeholder to ensure IT aligns with OSB’s Corporate objectives.
About Us:
The OSB Group is a FTSE 250 specialist mortgage lender, primarily focused on carefully selected segments of the mortgage market.
Our specialist lending is supported by our Kent Reliance and Charter Savings Bank retail savings franchises. Diversification of funding is provided by sophisticated securitisation platforms. OSB’s unique cost-efficient operating model is supported by our wholly-owned subsidiary OSBIndia.
Alongside passion for our products and customers, we're passionate about our people and want to continue building a collaborative and engaging environment. Being dedicated to Diversity, Equity and Inclusion, we encourage differences and recognise that individuals from diverse backgrounds and experiences can bring valuable insights and enhance the way we work.This is supported by our Diversity, Community and Environment Employee Engagement Networks and our commitment to the Women in Finance Charter and Women in Leadership Programme.
What you will be doing:
In this role, you will be responsible for supporting IT colleagues with the management of commercial engagement and ongoing relationships with our suppliers and key stakeholders including Legal and Vendor Management.
You will be supporting the management of the IT contract lifecycle through procurement, the formation, negotiation, approval of a MSA (Master Service Agreement) contracts with appropriate safeguards for OSB Group, through to agreements and termination and exit of contracts.
The role is expected to deliver best practice in the management of suppliers in adherence with OSB Group policy that is driven by external regulatory requirements from a range of sources including the FCA, PRA and EBA who set out the standards for the financial services industry.
Your responsibilities will include…- Working with colleagues to deliver the procurement and on-boarding process for products & services and initial contract negotiation phases, engaging with the business where appropriate
- Management of a number of third party IT application and infrastructure vendor relationships in line with policy and guidelines
- Providing advice and support negotiation and renegotiation of contracts with vendors
- Working within the vendor governance framework to ensure OSB have strong, effective contracts in place with key IT suppliers/ providers
- Working with stakeholders to ensure OSB and the supplier meets their contractual obligations and that appropriate controls and reviews are in place in line with the relevant OSB Group policies
- Holding our suppliers to account and ensuring they prepare and provide regular reporting / status governance reports
- Assisting with the planning, and production of documentation for exec level supplier management meetings with OSB and supplier executives
- Supporting with internal and external audit reviews i.e. project documentation, sign offs, contracts, security questionnaires, plans etc are available and accurate
- Stakeholder management of both internal and external colleagues; these include Programme Management, Architecture, Vendor Management, IT Service Delivery, IT Development and IT Security
In return for your commitment:
We offer a base salary dependent on experience of between £50,000 - £60,000 and a competitive benefits package including:
- Discretionary annual bonus opportunity of up to 15%
- 28 days annual leave plus bank holidays
- Contributory pension (8% employer 5% employee)
- Life Assurance (4x salary) plus Group Income Protection
- Access to Private Medical Insurance and Medical Cash Plan
- Additional benefits such as Hybrid working, Cycle Purchase scheme, Technology Purchase scheme, Season Ticket Loan, Holiday purchase / sell schemes, Employee Perk Portals, Payroll giving and Save as you Earn scheme
Could you be the one?:
We are looking for talented individuals who have the experience and knowledge set out below:
- Previous experience:
- Managing IT procurement and supplier contracts from a full life cycle perspective
- Communicating effectively with senior leadership and stakeholders through to executive level
- Negotiating and influencing in areas of high competition for resource
- Knowledge and understanding of software and hardware
We also believe that your career and how you progress is as unique as your individual personality. We continually support our people so they can become the best version of themselves.
What to do next:
If this sounds like you, please apply now! For internal applications please visit the internal careers page to apply.
Alternatively, if you wish to have an informal and confidential chat please get in touch. Contact details can be found on our careers page.
If shortlisted from your initial application we operate a personalised recruitment process. Interviews are a two way street, we aim for them to be relevant and conversational to get the best out of you!
OSB Group are dedicated to diversity in the workplace and committed to treating all our employees and job applicants equally. We embrace equal opportunities and are opposed to discrimination on any grounds.
As part of our public commitment to the Women in Finance Charter, we have introduced our own initiatives to attract, develop and advance senior women in our sector. We don’t stop there though, we have broadened our approach to encourage diversity and inclusion at all levels and in all roles.Our leadership and Executive Committee are right behind us, to the extent that our Diversity Champions sit at Board level and on a monthly basis receive updates on our progress.
Whilst we are an organisation that values face-to-face interaction to build and nourish our culture, we also acknowledge that people are not just productive in an office and tied to the 9 to 5. Flexible-working opportunities are important for establishing a healthy work-life balance so if you see a role of interest we are happy to be asked about flexibility and explore together if we can make it work.
All applicants must have rights to work in the UK and be willing to undertake the relevant pre-employment screening checks should your application be successful.