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Tier-1 bank, mid-level associate role in Mumbai with a common vendor-management profile attracts high applicant density.
Banking vendor management requires regulatory and financial-services domain knowledge, limiting cross-industry transferability.
Regulated-bank vendor management requiring domain-specific risk, procurement, and compliance experience increases hiring filter strictness.
Manage end-to-end vendor relationships and service delivery for the Investment Bank division, focusing on performance, cost, and risk.
Collaborate with internal stakeholders to define vendor sourcing strategy, drive cost and risk reduction, and ensure compliance and governance.
Identify process gaps and lead improvements in vendor management, risk, and reporting to support senior management decisions.
Strong experience as Vendor Manager, Procurement Manager, or Business Manager with exposure to vendor lifecycle management.
Good understanding of regulatory requirements and risk management, especially Non-Financial Risk.
Proven communication, analytical, and change management skills.
Work Experience Required: Strong experience in vendor/ procurement roles; exact years not explicitly mentioned in the JD.
Experienced in managing vendor relationships within a financial services or investment banking environment, familiar with services typically purchased by IB businesses.
Skilled in building cross-divisional collaboration to deliver pre-defined objectives and drive vendor governance.
Comfortable using AI tools responsibly to optimize workflows and business problem solving.