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Senior Manager Vendor & Outsourcing Steering(m/w/x)
Steering vendor and outsourcing risks for a European embedded finance platform, ensuring DORA compliance. 7-10 years in financial services vendor management required. Variable remuneration, home office budget, and learning budget.
Requirements
- Master's or Bachelor's degree in Business Administration, IT, Finance, Law, or related
- 7-10 years experience in Vendor Management, TPRM, Procurement, or IT Service Management in financial services/banking
- Proven track record in 1st Line of Defense function, owning operational processes and risks
- Deep understanding of European/German banking regulations on outsourcing and IT security (DORA, EBA, MaRisk)
- Extensive experience negotiating complex IT/BPO outsourcing contracts, including cloud agreements
- Ability to lead cross-functional initiatives and influence stakeholders
- Business fluency in German and English (written and spoken)
- Industry-recognized risk management, audit, or service management certifications desirable
- Strong ability to analyze complex vendor risk assessments, SOC reports, and financial metrics
- Pragmatic and proactive approach to resolving vendor operational incidents and disruptions
- Encouragement to apply even if not meeting all requirements
Tasks
- Act as primary risk owner for third-party vendor relationships
- Identify, assess, and mitigate vendor-related risks
- Ensure compliance with DORA requirements for ICT third-party relationships
- Maintain the bank's Information Register for ICT third-party arrangements
- Implement and monitor appropriate contractual provisions
- Oversee the entire vendor lifecycle management
- Conduct due diligence, onboarding, continuous monitoring, and exit strategies
- Establish and negotiate strict Service Level Agreements (SLAs) and KPIs
- Conduct regular business reviews with key vendors
- Drive performance and resolve operational issues
- Negotiate vendor contracts with Legal and Procurement teams
- Integrate robust regulatory clauses into contracts
- Collaborate with 2nd Line of Defense for risk and compliance
- Remediate audit findings and ensure tested Business Continuity and Disaster Recovery plans
- Serve as central point of contact for internal and external stakeholders
- Advise senior management on vendor risk exposure and strategic sourcing
Work Experience
- 7 - 10 years
Education
- Master's degree
Languages
- German – Business Fluent
- English – Business Fluent
Tools & Technologies
- DORA
- EBA Guidelines on Outsourcing
- MaRisk
- SaaS
- PaaS
- IaaS
- CISM
- CISA
- CRISC
- ITIL
Benefits
Bonuses & Incentives
- Variable remuneration program
Additional Allowances
- Home office budget
- Monthly meal allowance
Learning & Development
- Learning & development budget
Startup Environment
- Transparent growth framework
Public Transport Subsidies
- Deutschland ticket subsidy
Workation & Sabbatical
- Opportunity to work abroad
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Senior Manager Vendor & Outsourcing Steering(m/w/x)
Steering vendor and outsourcing risks for a European embedded finance platform, ensuring DORA compliance. 7-10 years in financial services vendor management required. Variable remuneration, home office budget, and learning budget.
Requirements
- Master's or Bachelor's degree in Business Administration, IT, Finance, Law, or related
- 7-10 years experience in Vendor Management, TPRM, Procurement, or IT Service Management in financial services/banking
- Proven track record in 1st Line of Defense function, owning operational processes and risks
- Deep understanding of European/German banking regulations on outsourcing and IT security (DORA, EBA, MaRisk)
- Extensive experience negotiating complex IT/BPO outsourcing contracts, including cloud agreements
- Ability to lead cross-functional initiatives and influence stakeholders
- Business fluency in German and English (written and spoken)
- Industry-recognized risk management, audit, or service management certifications desirable
- Strong ability to analyze complex vendor risk assessments, SOC reports, and financial metrics
- Pragmatic and proactive approach to resolving vendor operational incidents and disruptions
- Encouragement to apply even if not meeting all requirements
Tasks
- Act as primary risk owner for third-party vendor relationships
- Identify, assess, and mitigate vendor-related risks
- Ensure compliance with DORA requirements for ICT third-party relationships
- Maintain the bank's Information Register for ICT third-party arrangements
- Implement and monitor appropriate contractual provisions
- Oversee the entire vendor lifecycle management
- Conduct due diligence, onboarding, continuous monitoring, and exit strategies
- Establish and negotiate strict Service Level Agreements (SLAs) and KPIs
- Conduct regular business reviews with key vendors
- Drive performance and resolve operational issues
- Negotiate vendor contracts with Legal and Procurement teams
- Integrate robust regulatory clauses into contracts
- Collaborate with 2nd Line of Defense for risk and compliance
- Remediate audit findings and ensure tested Business Continuity and Disaster Recovery plans
- Serve as central point of contact for internal and external stakeholders
- Advise senior management on vendor risk exposure and strategic sourcing
Work Experience
- 7 - 10 years
Education
- Master's degree
Languages
- German – Business Fluent
- English – Business Fluent
Tools & Technologies
- DORA
- EBA Guidelines on Outsourcing
- MaRisk
- SaaS
- PaaS
- IaaS
- CISM
- CISA
- CRISC
- ITIL
Benefits
Bonuses & Incentives
- Variable remuneration program
Additional Allowances
- Home office budget
- Monthly meal allowance
Learning & Development
- Learning & development budget
Startup Environment
- Transparent growth framework
Public Transport Subsidies
- Deutschland ticket subsidy
Workation & Sabbatical
- Opportunity to work abroad
Like this job?
BetaYour Career Agent finds similar jobs for you every day.
About the Company
Solaris
Industry
FinancialServices
Description
The company is a tech firm with a full German banking license, offering a Banking-as-a-Service platform for financial products.
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