Vendor Management & Contract/Commercial Governance
Core
Manage commercial governance, contract oversight, and financial risk for HR vendor relationships in a regulated financial services environment.
Role type
Senior Commercial Manager (Vendor Management)
Builds
Vendor contracts, pricing models, and risk mitigation strategies for HR services.
Domain
Financial Services / Human Resources / Third-Party Risk Management
Required skills
Commercial contracting, pricing models, vendor financial management, Third-Party Risk Management (TPRM), complex contractual language interpretation, financial exposure assessment, cost optimization, cross-functional partnership, regulatory compliance, audit support, governance framework design
Preferred skills
None stated
Technologies
None stated
Responsibilities
Coordinate negotiations, renewals, amendments, and terminations for HR vendor contracts; Ensure commercial terms address financial, operational, regulatory, and data protection risks; Review and maintain pricing models, fee structures, SLAs, and contractual remedies; Monitor vendor spend and identify cost optimization opportunities; Support renewal strategy and exit planning for critical vendors; Provide escalation and reporting on commercial risks to senior stakeholders; Support audits and regulatory inquiries with commercial documentation.
Seniority
Senior, hands-on IC
