Head of Vendor Management

vor 1 Woche

Zurich, Schweiz Avaloq Vollzeit

Company Description

Founded and headquartered in Switzerland, Avaloq is continuously expanding its global footprint with around 2,500 colleagues in 10 countries, and more than 160 clients in 35 countries. We are an industry-leading provider of wealth management technology and services for financial institutions around the world, including private banks and wealth managers, investment managers, as well as retail and neo banks. Our research led approach and continual innovation is powered by the passion and creativity of our colleagues.

We are always looking for talented people to join us on our mission to orchestrate the financial ecosystem and democratize access to wealth management. Avaloq offers the opportunity to work closely with some of the world’s leading financial institutions as we jointly develop and shape careers. Championing a collaborative, supportive and flexible work environment empowers our colleagues to reach their full potential.

**Job Description**:
**Your Team**

You will be responsible for the Avaloq Vendor Management division within the Operations business area. The team's responsibility is to manage Avaloq's external spend, advance the purchasing and procurement operating model, monitor, evaluate and steer vendor performance, and strategically develop the company's partner ecosystem. Vendor Management is the world-class central purchasing and partner management powerhouse to drive Avaloq's success with externals.

**Your mission**
- Define and deliver on the external spend strategy based on Avaloq’s and business areas’ objectives; challenge status quo
- Closely work with Avaloq business areas to define their external strategies and scope their strategic as well as tactical external needs
- Set year-on-year cost savings and performance targets, and deliver upon the targets in line with strategy and tactical opportunities
- Re-think and step-change Vendor Management processes, tools and policies to become more effective and efficient
- Define the triage framework for new purchases; set up the organisation for self-guided or catalogue purchasing; drive innovation
- Provide expert input in individual sourcing strategies and negotiations; lead key negotiations yourself; interact with C-level
- Establish activities to improve vendor performance; assess need for partnerships and drive embedment in Avaloq’s partner ecosystem
- Monitor, steer, and advance strategic partnerships, incl. strategy definition and operational execution
- Manage, develop, and shape the Vendor Management team on a day-to-day basis; motivate to bring out the best of each individual
- Set, define, and assess the performance of Vendor Management teams; form a world-class unit that actively drives change

**Qualifications**:
**Your profile**
- Previous experience in similar position, ideally within a global/local multicultural setup. Experience in the Financial Services or Information Technology sector are a plus, but not necessary
- Thorough understanding of the vendor landscape in the global software product and services marketplace, incl. particularities
- Excellent negotiation, problem solving, analytical and communications skills together with relationship and influencing skills
- Strategic thinking to drive long-term success but also hands-on can-do attitude to execute on tasks without delegation
- Fast learner to understand particularities and external needs of all Avaloq business lines; ability to cope with ambiguity
- Affinity to capture, assess and improve complex operating models, incl. processes, tools, people, policies and governance
- Track record in creation of an environment that fosters teamwork, collaboration, openness, and drive to challenging the status quo
- Ability to work under pressure with shifting priorities, interacting and adjusting to different cultures and time-zones
- University degree in Business, Economics, Engineering, or equivalent; knowledge of English at fluent or mother tongue level

Additional Information

We realise that managing work life balance is a challenge we all face in our daily lives and in order to support with this we are pleased to offer hybrid and flexible working for most of our Avaloqers to maintain work life balance and still continue our fantastic Avaloq culture in our global offices.

In Avaloq we are proud to embrace diversity and realise the success of our business is built on the power of different opinions, we are whole heartedly committed to fostering an equal opportunity environment and inclusive culture where you can be your true authentic self.

We hire, compensate and promote regardless of origin, age, gender identity, sexual orientation or any other fantastic traits that make us all unique, we have done our best to write this advert in an inclusive and neutral way.

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