Vendor Management Lead at Remitly

London, England, United Kingdom

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Technology, Financial ServicesIndustries

Requirements

Extensive experience in IT sourcing, vendor strategy, technology vendor management and transformation—ideally from a top-tier firm
Strong leadership experience running RFPs, vendor selections, and high-stakes contract negotiations
Deep understanding of the IT services landscape (cloud, infrastructure, AWS, managed services)
Proven results in driving cost savings, vendor rationalisation, and performance

Responsibilities

Defining and owning the vendor selection and governance strategy across staff augmentation, external development, and managed/black box staffing services in Technology
Developing vendor location strategy (e.g., onshore/offshore/nearshore balance) to optimise cost, time zones, and talent quality; in synergy with our Technology location strategy and our broader RELX sister companies’ vendor strategy
Partnering with Global Procurement and Legal to establish and maintain a preferred vendor shortlist, including standardised contracts and compliance checks
Collaborating with Global Procurement & Legal to lead the full RFP lifecycle—from requirements and evaluation through to vendor selection and tough negotiations
Building and running governance processes for ongoing performance management, financial oversight, and risk control
Leading regular strategic and operational vendor reviews to confirm contractual compliance and performance, identify and track improvement actions and opportunities to deliver additional value from the relationship
Engaging with relevant IT stakeholders, ensuring a level of due diligence and governance is in place for the onboarding, service introduction and ongoing management of vendors
Partnering with senior IT leaders to design bold sourcing strategies and identify/lead vendor consolidation initiatives to reduce fragmentation and cost inefficiencies
Engaging with vendors to drive and invite thought leadership, innovation, and specialist added value by leveraging a strong working relationship
Driving measurable value through proposed renegotiations, rationalisation, and innovative sourcing models (multi-vendor, offshoring, managed services) in partnership with Global Procurement and Legal
Providing transparency and communication across the technology organisation regarding approved vendors, processes, and guidelines
Benchmarking and introducing best practices from leading technology organisations
Establishing reporting metrics (cost savings, vendor performance, risk reduction, and satisfaction)
Partnering with Business Continuity, ISDP and Technical Resilience to ensure vendor compliance with our risk and security management standards and policies, and Architecture to ensure compliance with our Technology standards

Skills

Key technologies and capabilities for this role

Vendor ManagementStrategic SourcingRFP ManagementContract NegotiationRisk MitigationStaff AugmentationOffshore ManagementProcurementComplianceStakeholder CollaborationTechnology ServicesGovernance

Questions & Answers

Common questions about this position

What is the work arrangement or location policy for this role?

The team is geographically dispersed across multiple time zones with hubs in the UK, US, and Philippines to support customers during their working day.

What salary or compensation is offered for this position?

This information is not specified in the job description.

What key skills are required for the Vendor Management Lead role?

The role requires strong leadership and strategic thinking to manage complex vendor relationships, expertise in negotiating deals, and skills in vendor selection, governance, RFP processes, and performance management.

What is the team structure and company culture like?

The SAM and Sourcing team leads technology and tooling purchasing with a focus on value for money, compliance, and technology selection, and is geographically dispersed across UK, US, and Philippines hubs, working closely with Legal, Finance, Architecture, Global Procurement, and Technology Leadership.

What makes a strong candidate for this Vendor Management Lead position?

Strong candidates are enthusiastic about building partnerships, thrive on negotiating deals, and demonstrate strategic thinking in vendor management, including RFP leadership, governance, and driving value through relationships.

Remitly

International money transfer for immigrants

About Remitly

Remitly focuses on international money transfers, helping immigrants send money to their families quickly and securely at lower costs than traditional banks. The company charges transaction fees and earns from the exchange rate margin, offering various transfer options like bank deposits and cash pickups. Remitly enhances user experience through its website and mobile app, allowing real-time tracking of transfers, and engages with immigrant communities by providing helpful resources and educational support. Its goal is to meet the unique needs of immigrants while ensuring fast, affordable, and reliable money transfer services.

Seattle, WashingtonHeadquarters

2011Year Founded

$423.9MTotal Funding

IPOCompany Stage

Fintech, Financial ServicesIndustries

1,001-5,000Employees

Benefits

Continuing Education or Travel Stipend

Office Culture

Flexible PTO, Schedules and Leaves

DEI Learning Opportunities

Community Engagement

Inclusive Benefits

Risks

Swift's integration into banks' channels poses a competitive threat to Remitly.

AI agents' rise may challenge Remitly's operational model in efficiency and cost-effectiveness.

Schall Law Firm's investigation could impact investor confidence and Remitly's reputation.

Differentiation

Remitly focuses on immigrants, offering competitive rates and fast, secure transactions.

The company leverages technology for a seamless user experience via its app and website.

Remitly engages with immigrant communities through content and educational initiatives.

Upsides

Increased digital wallet adoption in key markets expands Remitly's reach to unbanked individuals.

AI agents in operations could reduce costs and improve Remitly's efficiency.

Visa collaboration enhances Remitly's cross-border fund flow services, boosting customer satisfaction.

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