Booking Holdings (NASDAQ: BKNG) is the world leader in online travel and related services, provided to customers and partners in over 220 countries and territories through six primary consumer-facing brands – Booking.com, KAYAK, priceline, agoda.com, Rentalcars.com, and OpenTable. The mission of Booking Holdings is to make it easier for everyone to experience the world.
Booking Holdings Financial Services (hereinafter “BHFS”) is based in Dublin, Irela and provides financial services in the form of payment services and e-money products across all the brands. BHFS is committed to conducting its business in compliance with applicable laws, regulations and guidelines, with integrity and to the highest ethical standards.
Lead the end to end oversight of vendors, outsourced process and functions, together referred to as suppliers, to BHFS to ensure:
The stability and resilience of payment services to Booking Holdings Group customers
The regulatory requirements set out by the EBA and local regulatory authorities are satisfied
That supplier operations conform to good business practices
Responsibilities and Duties
Select new suppliers in a transparent and effective process that are able to to meet the operational, economic and regulatory requirements of BHFS
Manage the implementation of new suppliers and agreed changes to existing supplier processes
Develop and maintain a deep understanding of all suppliers operations, processes and controls and ensure associated documentation is kept up to date
Establish and maintain consistent minimum mandatory outsourcing standards
Develop, collate and distribute key management information and create reporting mechanisms to measure Supplier performance against agreed SLAs and KPIs.
Manage engagement across Compliance, Risk and Legal to assess any proposals to either outsource a business function or make material changes to an existing outsourced relationship.
Assign outsourcing responsibilities in relation to any outsourcing partner and ensuring these are carried out effectively
Ensure that appropriate controls and governance structures are established to monitor and provide adequate oversight of outsourced activities
Regularly reviewing the existing supplier base to ensure service provision is still appropriate and assigned risk rating has not changed
Monitor and challenge appropriately the operational performance of the supplier base and taking corrective action in both the moment and longer term to ensure stability and resilience of BHFS operations
Coordinate the periodic review of all suppliers’ performance, track issue resolution and assess opportunities to development of processes
Manage supplier activities within agreed budgets and where appropriate escalate the need for additional resource for approval
Ensure Business Continuity, Disaster Recovery and individual Exit plans are constantly maintained and are appropriate and effective for the needs of BHFS and its customers
Ensure Incidents are effectively managed and subsequent follow through processes are progressed in a timely manner
Support the Governance and Oversight of Supplier Management including but not limited to:
Preparing Board papers
Developing, maintaining appropriate MI and reporting systems
Coordinating the Outsourcing Committee agenda and associated papers
Developing and maintaining BHFS’s Outsourcing Strategy and Policies
Maintaining the Supplier Register
Qualifications and Experience
At least five to seven year experience of managing supplier relationships in a regulatory environment; ideally in a payments environment.
The ideal job candidate will have the following:
Proven ability to manage people; setting direction, providing appropriate challenge and supporting their development
Setting and implementing supplier management strategy
Strong stakeholder management
Experience of managing outsourced service providers within a regulated business
Good understanding of payment technology and underlying process
Appropriate Risk Management Approaches for managing suppliers
Experience of creating and implementing a vision for Supplier Relationship Management (SRM) across a significant business and being able to work closely with key stakeholders in a matrix environment.
Excellent external networking capabilities and presentation skills
Team player with excellent communication and influencing skills
Financial acumen and result orientated with ability to present results in a structured and professional manner
Strong project management skills
Booking Holdings is the world leader in online travel & related services. Our teams work around the clock to build and improve the technology that empowers people to more freely travel across borders, time zones, languages and cultures. At Booking Holdings, we make it easier for everyone to experience the world every day through seamless technology powered by our six major brands:
Through the Booking Holdings brands, we help our customers reach all corners of the earth. Our ability to provide great service rests on how well we understand our diverse customer base, which is why having a diverse team is so important to us. We bring together employees from all walks of life and we are proud to provide the kind of inclusive environment that stimulates innovation, creativity and collaboration.
Any offer of employment will be subjected to the successful completion of pre-employment screening.