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.