Sourcing / Vendor Manager recruitment

UBS is a leading global financial services firm. Our Investment Bank is one of the world’s top global investment banking and securities firms, providing a full spectrum of products to institutional and corporate clients, intermediaries, government and hedge funds worldwide.

Investment Bank IT (IB IT) is part of UBS Group Technology. It is responsible for developing and supporting applications that support UBS’ investment banking businesses. IB IT sectors include:-

• Equities
• Fixed Income
• Advisory
• IBD
• Prime Services
• Treasury
• Operations

IB IT has over 4300 staff members globally (approximately 1700 permanent and 2600 outsource staff) and a annual budget of over 500mCHF.

A vacancy has arisen for a Sourcing / Vendor Manager to join a small team that supports the definition and delivery of the IB IT sourcing strategy as well as manages the new and existing contracts that underpin it. The strategy is designed to optimise delivery whilst leveraging opportunities to reduce costs through appropriate use of outsourcing and offshoring with external vendors.

The successful candidate for this role will be given the opportunity to work as part of the extended management teams of specific IB IT sector COOs and CIOs to:
• Help develop a sourcing strategy which leverages best practice for outsourcing and offshoring and which is aligned to Group IT initiatives
• Where appropriate, increase the percentage of work conducted by outsource staff and the amount of outsourced work which is carried out in lower cost locations (offshore)
• Manage the outsource deal pipeline and commercials – approvals, negotiations, contracting
• Review ongoing outsource deals to ensure continuing commerciality
• Develop and advise COOs and CIOs on innovative deal commercials
• Conduct regular reviews of vendor performance
• Support Group IT outsourcing and offshoring initiatives
• Liaise with UBS account level Relationship Managers to ensure maximum commercial leverage with vendors.

In short, you will co-own the sourcing strategies with the COOs and CIOS and be solely responsible for its successful implementation and effective ongoing maintenance.

Requirements

You are someone with extensive experience and knowledge of:
• Commercial negotiations with outsource vendors
• Commercial contracting models and service level agreements
• Outsource relationships and how business units manage their budgets
• Legal and operational risk frameworks surrounding outsourcing
• Ongoing management of live contracts
• Defining a sourcing strategy for systems development in an outsourced/offshore environment
• Transitioning from an in-sourced workforce to an outsourced/offshore model
In terms of key skills, you:
• Must have the ability to multi-task several complex initiatives
• Must be a self-starter and be able to self-manage complex projects / deliverables
• Must be able to demonstrate In-depth client / stakeholder management skills
It would be beneficial, if you would also be able to:
• Understand financials services would be an advantage
• Broadly understand IT development methodologies

UBS can offer you an environment geared towards performance, attractive career opportunities, and an open corporate culture that values and rewards the contribution of every individual.

Want to further your career in an organization where your contribution can make a difference? Apply now at www.ubs.com/careers. We look forward to hearing from you.

UBS is an Equal Opportunity Employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills and experiences within our workforce.