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Tier-1 brand, metro location, and common procurement/vendor role increase applicant competition.
Procurement skills are transferable but banking regulatory and vendor lifecycle experience increases domain sensitivity.
Requires specific vendor management and regulatory risk experience, so moderate candidate filtering applies.
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Manage end-to-end vendor relationships and service delivery within the Investment Bank division.
Lead efforts to optimize vendor costs, risks, and performance through KPI monitoring, process improvements, and compliance enforcement.
Drive the IB vendor sourcing strategy, governance, and risk management ensuring alignment with risk appetite and regulatory requirements.
Experience as a Vendor Manager, Procurement Manager, Business Manager, or equivalent role with strong vendor management skills.
Good understanding of regulatory requirements related to vendor outsourcing lifecycle and Non-Financial Risk management.
Proven skills in vendor cost and risk management, vendor governance, and financial planning or modelling.
Work Experience Required: Not explicitly mentioned in the JD.
Demonstrated ability to collaborate across divisions and with senior management to drive vendor strategy and optimize processes.
Experience in a trusted advisory role with strong analytical, problem-solving, communication, and change management skills.
Familiarity with Investment Banking external services procurement and proven use of AI tools to enhance productivity and workflow optimization.