Vendor Management Specialist

Job Title: DVMO Vendor Management Specialist
Corporate Title: AVP
Location: Bangalore, India

Role Description:

• DB Vendor Management (VM) are responsible for maintaining a bank wide end two end VM framework. The Divisional Vendor Management Office (DVMO) is responsible for implementing key elements of the framework, therefore ensuring the most efficient and effective execution of any sourcing event in full compliance with the groups policies and standards. The DVMO partners with the business functions to maintain a full understanding of business priorities and requirements to lead to the best sourcing outcomes across the Bank. The DVMO manages the divisional contract and Vendor legal governance and contributes to the required group wide transparency on our key vendor partners to drive informed management decisions.
• Within the DVMO divisional setup the VM Specialist is responsible for governing vendor service relationships and activities on a transactional level. Leveraging cross vendor/cross function knowledge within the organisation ensuring that vendor engagements are aligned to supporting the business strategy, and comply with the relevant sourcing and TDI processes and quality gates. Performs administrative, performance management, tracking and reporting tasks.

What we’ll offer you

As part of our flexible scheme, here are just some of the benefits that you’ll enjoy,

• Best in class leave policy.
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above

Your key responsibilities

• Manage the Vendor service relationship on a transactional level.
• Managing a team of Vendor management analysts.
• Supports the daily workload, activities and tasks of the vendor management functions.
• Ensures service relationship data and information is up-to-date and performing Vendor Risk Monitoring responsibilities promptly
• Monitoring the service relationship via Governance, KPI reporting and tracking.
• Close collaboration with Vendor Manager, Procurement and Service Owners.
• Ability to monitor, manage, develop and drive supplier performance and optimize relationships
• Acting as the primary point of contact for Vendor related audit point or findings.
• Focus on expediting audit points and findings to successful outcomes and closure.
• Ensure vendor adheres to bank wide regulatory and compliance requirements and risk frameworks.

Your skills and experience

•  Manage the Vendor service relationship on transactional and Vendor level.
• Strong hold and understand of Contractual legalities and clause interpretation, also an edge with exposure to global market and law of land.
• Ensures service relationship data and information is up-to-date and performing Vendor Risk Monitoring responsibilities promptly.
• Monitoring the service relationship via Governance, KPI reporting and tracking.
• Close collaboration with Vendor Manager, Procurement and Service Owners.
• Ability to monitor, manage, develop and drive supplier performance and optimize relationships.
• Acting as the primary point of contact for Vendor related audit point or findings.
• Focus on expediting audit points and findings to successful outcomes and closure.
• Ensure vendor adheres to bank wide regulatory and compliance requirements and risk frameworks.
• Should have a background in Project management and analysis. Also should be an excellent communicator and comfortable managing multiple tasks
• Coordinate with internal stakeholders and resources as well as partnering teams for the flawless execution of projects
• Knowledge and a understanding of Business Intelligence, and data analytics , database querying tools
• Experience in developing and managing dashboards and reports in Tableau
• Experience in Working with teams in different locations across Globe
• Proven working experience in Banking sector

How we’ll support you

• Training and development to help you excel in your career.
• Coaching and support from experts in your team.
• A culture of continuous learning to aid progression.
• A range of flexible benefits that you can tailor to suit your needs.

About us and our teams

Please visit our company website for further information:

https://www.db.com/company/company.htm

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.