Job Description
Job Description:In Scope of Position based Promotions (INTERNAL only)
Job Title: Vendor Management Specialist
Location: Pune, India
Corporate Title: AVP
Role Description
Vendor Management Specialist is responsible for the service relationship with a vendor on a transactional level and for transactional vendor related support tasks. Work includes:
- Managing or performing strategic sourcing work to manage risk and optimize the value/resilience of materials/services sourcing.
- Establishing supplier relationship management processes and continuous improvement goals/programs
- Negotiating contracts and coordinating supplier integration plans with internal clients
- Monitoring market dynamics that impact materials/services availability and/or pricing
- Partnering with internal clients to identify sourcing needs, develop buyer/market profiles, identify marketplace trends, and define acceptable service levels.
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
The IVMO Vendor Management Specialist is responsible for and acts as a support function to the Business Advisor Manager & Partner with the creation of MI and data extraction and reporting to drive better decision making. Responsible for ensuring business function adherence to bank wide policies and processes. Drives automation & self-service reporting creation. Key Responsibilities includes:
- Support the Business Advisor Manager to develop, determine and execute the IT Domains Vendor & segmentation strategy.
- Responsible for maintaining full data transparency of the IT domains business priorities.
- Responsible for creation of IT Domains contract performance MI
- Partner with the DVMO Vendor centric group and provide business context to the vendor reviews.
- Builds, maintains and leverages strong network and partnerships within the IT Domain and iVMO.
- Work proactively with the Business to ensure process adherence
- Ensure all relevant documents and plans in place to ensure full business and data alignment.
- Managing all Sourcing transactions incl. tracking and reporting
- In addition, be part of a central BAU Business Partner team to ensure, that all Sourcing event transactions will be managed properly
Your skills and experience
- Good understanding of contract creation and financials
- Relationship building and stakeholder management skillset.
- Business case and benefits management
- Data extraction, analytics & reporting
- Automation & self-service report creation
- Ability to diagnose improvement areas across processes, tools, and systems.
- Business Process, tool, and techniques
- Understanding of DB Policies
- Domain and business process management knowledge
- Fully conversant with Vendor Service Delivery metrics (SLA/KPIs/KRIs)
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.
