Vendor Relationship Manager, Parameta Solutions (Madrid) Parameta Solutions is the Data & Analytics division of TP ICAP Group. The business provides clients with unbiased OTC content and proprietary data, in-depth insights across price discovery, risk management, benchmark and indices, and pre and post-trade analytics. Its post-trade solutions offering helps market participants control their counterparty and regulatory risks through a growing range of tools that manage balance-sheet exposure, as well as compression and optimisation services.
Role OverviewThe Vendor Relationship Manager at Parameta Solutions plays a crucial role in managing and optimizing vendor partnerships, ensuring compliance with TP ICAP Group Procurement policies and third-party risk management requirements. This position involves overseeing key commercial, contractual, and performance aspects of the key intra-group and external vendor agreements, working closely with Group Procurement on contract negotiations, renewals, and dispute resolution. The role also includes benchmarking services, managing stakeholder relationships to capture strategic business needs, and participating in procurement transformation initiatives. Additionally, the Vendor Relationship Manager ensures compliance with regulatory and legislative requirements, supports the sourcing pipeline for future procurement activities, and collaborates with Finance, Legal, and other corporate support functions to enhance vendor management strategies.
Role ResponsibilitiesManage relationships with TP ICAP Group Procurement and ensure Group Procurement policies are complied with.Manage, maintain, negotiate, and monitor key commercial, contractual, and performance stipulations in the MDSA and LTSA agreements between Parameta Solutions and TP ICAP Group Functions.Support TP ICAP Group Procurement in the execution of sourcing of new contracts, renewals and/or renegotiations with in-scope suppliers.Benchmark new and existing services to ensure that commercial terms are appropriate and fit for purpose.Manage stakeholder relationships with Parameta business stakeholders to capture strategic business requirements and improve overall business solutions.Provide sourcing pipeline for future procurement activity of Parameta Solutions service needs.Participate in consultation with TP ICAP Group Procurement with contract negotiations.Ensure full compliance with all Third Party Risk Management requirements for Parameta Solutions direct suppliers.Ensure full compliance with all regulatory and legislative requirements with regards to Vendor Management (i.e. TPRM, DORA, CSRD, etc.).Manage and execute governance of Parameta Solutions supplier relationship including MDSA and LTSAs agreements with TP ICAP Group.Support TP ICAP Group procurement in dispute resolution discussions with suppliers.Build strong relationships with Finance, Legal and other Corporate Support Functions to effectively manage the Parameta Solutions vendor relationships.
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