Divisional Vendor Manager Associate (IB DVMO), AS

Manage end-to-end vendor relationships for the Investment Bank division, ensuring efficient service delivery and adherence to governance standards.

Oversee vendor selection, performance monitoring via KPIs, cost and risk management, and process improvements to optimize vendor lifecycle management.

Collaborate with business owners, procurement, and risk functions to drive vendor sourcing strategy reducing cost and risk while ensuring compliance with policies and risk appetite.

Experience as a Vendor Manager, Procurement Manager, Business Manager, or equivalent role involved in vendor outsourcing lifecycle.

Knowledge of regulatory requirements applicable to vendor management within financial services, particularly in risk management and non-financial risk domains.

Strong communication skills, analytical problem-solving abilities, and familiar with financial planning and modelling in vendor-related activities.

Work Experience Required: Not explicitly mentioned in the JD. Location: Mumbai, India.

Experienced in trusted advisory roles facilitating cross-divisional collaboration and delivering to predefined objectives on time.

Strong understanding of external services commonly purchased by Investment Banking businesses and ability to implement effective vendor risk management.

Capability to leverage AI tools ethically and effectively to enhance productivity and solve business challenges in vendor management.