Vendor Relationship Manager, Parameta Solutions (Madrid)Apply
Location: Madrid
Time Type: Full time
Posted on: Posted 3 Days Ago
Job Requisition ID: R2829
The TP ICAP Group is a world leading provider of market infrastructure.
Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.
Through our people and technology, we connect clients to superior liquidity and data solutions.
The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world's leading provider of OTC data, and an award winning all-to-all trading platform.
The Group operates from more than 60 offices in 27 countries. We are 5,300 people strong. We work as one to achieve our vision of being the world's most trusted, innovative, liquidity and data solutions specialist.
About Parameta Solutions 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 Overview The Vendor Relationship Manager at Parameta Solutions plays a crucial role in managing and optimising 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 Responsibilities Manage 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, LTSA agreement 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.Benchmarking 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, 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.Support TP ICAP Group Procurement in evaluation and execution of strategic procurement program and transfer core principles to the overall direction of procurement strategy for Parameta Solutions.Participate in Group Wide procurement transformation, innovation, continuous improvement programs impacting Parameta Solutions.Experience / Competences Essential Supplier Relationship Management (SRM) experience with Intra Group Service Agreements and associated governance requirements.Proven commercial management experience of supplier relationship management, category management or business development.Procurement experience within Technology Industry sector preferential.Proficient in SRM best practices and strategies.Experience with Third Party Risk Management principles and processes.Desired Highly effective written and verbal communication skills, with the ability to adapt communication style to suit audience.Comfortable working in fast paced or pressured environments.Demonstrated analytical ability and problem solving skills.High organization skills with a proactive approach.Knowledge in Microsoft applications software (Word, Excel, PowerPoint etc.).Role Banding Manager / 7
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Not The Perfect Fit? Concerned that you may not meet the criteria precisely? At TP ICAP, we wholeheartedly believe in fostering inclusivity and cultivating a work environment where everyone can flourish, regardless of your personal or professional background. If you are enthusiastic about this role but find that your experience doesn't align perfectly with every aspect of the job description, we strongly encourage you to apply. You may be the ideal candidate for this position or another opportunity within our organisation. Our dedicated Talent Acquisition team is here to assist you in recognising how your unique skills and abilities can be a valuable contribution. Don't hesitate to take the leap and explore the possibilities. Your potential is what truly matters to us.
Company Statement We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That's why we're building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute. TP ICAP Accord - our Employee Network - is a central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement.
Location Spain - Paseo de la Castellana - Madrid
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