01Responsibilities
Be a trusted partner for business units to advise on strategy, planning, and rationalization. EVM (Enterprise vendor management) team will own issue escalation, contracts management, Sourcing and negotiations.
Establish strong relationships with vendors to understand their offerings, strengths, and weaknesses to maximize value to business.
Maintain knowledge of new and existing vendor products, emerging trends, and an understanding of how vendors products are used across the firm.
Lead vendor sourcing events (RFX Process Request for Information (RFI) , Request for Proposal (RFP) & Request for Quotation (RFQ), selection of vendor, negotiation process, P2P process and the ongoing management of vendor partnerships.
Research and establish contract negotiation strategies with business partners to achieve highest value.
Manage vendor strategy meetings and effectively communicate vendor updates to senior leadership.
Manage upcoming renewals for assigned list of vendors
Develop contracts based on current and anticipated needs
Reviews and redlines contract commercial terms
Partners closely with Legal and other Subject Matter Experts to mitigate risk and vet supplier qualifications (infosec, financial, etc)
Analyze spend category and work closely with business to perform vendor rationalization and cost savings analysis on a regular basis.
Assist with projects and reporting related to your spending categories or assigned vendors.
What Will Help You Be Successful Experience, Education & Certifications:
Bachelors degree required.
5-10 years of experience related to technology and/ financial application vendors within financial services industry.
Excellent contract management and negotiation skills.
Coupa experience highly preferred
Creative problem solver, Analytical skills
Broad knowledge of technology software, hardware, infrastructure, financial business applications, telecommunications, Facilities and IT Services vendor categories.
Ability to build strong relationships with internal and external partners.
Contribute to a dynamic and changing work environment.
Organized and results oriented with a sense of urgency.
Strong communication skills (verbal and written) and good team player
Work Shift Timings - 2:00 PM - 11:00 PM IST
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