Join our team at SVB Global Services India LLP hereinafter referred to as First Citizens India– an organization that has built a legacy of strength, stability and long-term thinking that has spanned generations. Our parent company, First Citizens BancShares, Inc. is a top 20 U.S. financial institution with more than $200 billion in assets and a member of the Fortune 500™.
Situated in the vibrant city of Bengaluru, we play a crucial role in driving the success of our parent company and its subsidiaries.
At First Citizens India, our team brings together diverse backgrounds and rich experiences to deliver excellence across key business functions. Our commitment to innovation and collaboration makes us the preferred partner in navigating the dynamic and fast-growing digital landscape. We believe in diverse, equitable and inclusive working environment because we understand that when all our differences converge, we create a synergy that enhances associate and customer relationships and drives innovation of our products and services.
POSITION INFORMATION
Summary/Objective
The Lead Analyst, Contract Mgmt & Sourcing will be responsible for all aspects of contract and sourcing negotiation and management. Responsible for third-party contracts (i.e. vendors), this position requires the ability to establish and maintain excellent working relationships with both internal and external customers to assist in a complete understanding of the needs and processes of the service or products provided. The position routinely interacts with high-level Business Leaders, Legal staff, and various SVB support teams during their collection of information necessary to support the onboarding of a vendor including the contract creation and negotiation process including sourcing. Regular contract review requires contract compliance monitoring and participation in vendor risk process ensuring contractual agreements meet SVB’s needs and protect SVB from risk. Sourcing review requires negotiations with vendors to optimize the cost and enhance savings
Essential Functions
Contract and Sourcing Review / Negotiation
Queue Management
Contract Review
Research (as needed to support contract owner)
Sourcing and Category management
Cost Analysis
Contract Lifecycle Management
Able to manage contracts throughout the entire lifecycle providing consulting and services to contact owner (contract execution to termination and/or replacement)
Contract Risk Management
Based on guidance from applicable regulatory authorities, review and articulate risks and provide recommendations for mitigations.
Exam / Audit Management. Provide support to Regulatory Examiners, External and Internal Audit
Decisions
The role will have broad discretion to make decisions about contact negotiations, risk, and commercial negotiations
Skills
Required Education and Experience
Bachelor s Degree
Minimum 8 years of related experience
Preferred Education and Experience
Legal or Paralegal experience a plus
Equal Employment Opportunity
SVB Global Services India LLP hereinafter referred to as First Citizens India is an Equal Employment Opportunity Employer. We are committed to fostering an inclusive, equitable and accessible environment and prohibit all forms of discrimination on the basis of gender, religion, caste, disability, sexual orientation, economic status or any other characteristics protected by the law. We strive to foster a safe and respectful environment in which all individuals are treated with respect and dignity. Our EEO policy covers all employment processes such as recruitment, hiring, compensation, benefits, promotions, learning opportunities, and other applicable employment terms for all qualified applicants and employees.
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