Procurement Manager

What You'll Be Doing:

• Foster trust, open communication, and collaboration with vendors to ensure strong partnerships that align with company objectives, such as data security, compliance, and excellent customer service.
• Conduct thorough market research to identify vendors that meet financial regulatory requirements, cybersecurity standards, and offer competitive pricing.
• Track and assess vendor performance against agreed deliverables and KPIs, ensuring compliance with regulations and addressing issues promptly to maintain service quality.
• Identify and mitigate risks in vendor relationships by implementing risk management strategies, especially around regulatory compliance and data security.
• Collaborate with internal teams (Compliance, IT Security, Finance) to establish clear, measurable performance metrics focused on compliance, data integrity, and service efficiency.
• Ensure all vendor agreements comply with financial regulations (DORA, MiFID II, GDPR, etc.), protecting the company from legal and financial risks.
• Lead initiatives to improve vendor management processes, including the use of new technologies or methodologies to enhance performance and reduce costs.
• Oversee the full vendor lifecycle, from onboarding to offboarding, ensuring alignment with company objectives and compliance requirements.
• Manage budgeting and financial planning related to vendor services, ensuring cost-effective contracts while meeting operational goals.
• Ensure timely reporting of vendor-related activities to regulatory bodies, maintaining transparency and compliance with relevant regulations.

What We're Looking For:

• Strong negotiation skills with the ability to secure favorable terms and pricing in contracts.
• Extensive experience in selecting, managing, and evaluating vendors within financial services.
• Proficiency in analyzing data and making informed decisions to optimize vendor performance in a regulated environment.
• Ability to manage multiple vendors and contracts simultaneously, ensuring adherence to regulatory standards.
• Proficiency in English and Dutch/German.

Would Be Great If You Have:

• Prior experience in vendor management, supply chain, or operations within financial services, fintech, or online brokerage.
• Understanding of financial industry regulations (DORA, MiFID II, GDPR, AML).
• Certification or formal training in risk management.