Job Description
Job Description:Job Title- Vendor Management Specialist
Location- Mumbai, India
Role Description
Vendor Management 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 including
- 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
- Manage end-to-end vendor service relationship, which includes but not limited to Sourcing, Contracting, Negotiation and third-party risk management
- Primary contact for the vendor engagement and responsibility for the vendor related risk management process
- Deliver the daily workload, activities and tasks of the vendor management functions to ensure all vendor remediation activities are timely completed
- Support the wider team by identifying the process improvement ideas and drive the key initiatives to make process more efficient
- Monitor and develop supplier performance and optimize relationships
- Collaborate closely with the businesses, respective CB Vendor & Service Owners, Procurement, and 2nd LoD functions (RTC’s)
Your skills and experience
- University degree in economics, apprenticeship in banking or equivalent qualification
- Several years of banking experience, preferably with Corporate Bank products
- General knowledge and experience of contract, service delivery, project management and performance management of Vendor performance
- Experienced in working with third parties and cross-functional teams and solid understanding of Non-Financial Risk Management (NFRM), Service Delivery Management (SDM) and Third-Party Management (TPM) functions
- Analytical skills and a problem-solving mind-set, strongly motivated and the ability to challenge and be challenged whilst maintaining the highest levels of professionalism
- Strong communicative skills in English (verbal and written)
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.
