Procurement Manager Vendor Relationships

4 weeks ago

Bengaluru, Karnataka, India Swiss Re Full time

About the role:

Working in close collaboration with Procurement teams in Bangalore, the Procurement Manager Vendor Relationships will be responsible for the following activities in support of Swiss Re's procurement strategies.

  • Develop, implement, and oversee an approach for Swiss Re to strategically manage vendor relationships and deliver greater value to the business.
  • Develop and maintain a Vendor Segmentation Model for categorizing vendors based on various criteria such as priority/importance for the business, strategic value and supply risk.
  • Derive and implement a relationship model to inform and govern group procurement and business engagement with vendors according to their respective vendor segment.
  • Standardize practices and improve vendor relationship outcomes and implement processes to ensure the quality of vendor relationship practices.
  • Engage and contribute to activities related to the broader vision and roadmap of Group Procurement.
  • Contribute to the definition and control of specific standards for procurement and vendor relationship practices (e.g. via Targeted Standard on Procurement/Relationship Management)
  • Provide training and support on vendor relationship practices to Group Procurement and business stakeholders.
  • Support Categories to develop, implement and operationalize vendor strategies. Track progress and compliance of vendor relationship activities.
  • Assist Categories with day-to-day vendor relationship activities which may include communication, issue resolution, and vendor performance monitoring.
  • Provide support to vendors, which may include training, assistance with processes, and issue resolution pertaining to vendor performance and vendor compliance with Third Party (TP) Management requirements.
  • Implement TP Framework requirements within the vendor ecosystem (e.g. implementing changes, ensure adequate vendor communication and adoption, ensure vendor compliance).
  • Oversee the Vendor Annual Review process that ensures the assessment of vendor performance is managed efficiently and consistently, has a high level of integrity and uses best practices derived from Procurement and Business Owners collective experience.
  • Act as liaison with Third Party Enablement (TPE) to ensure compliance with TP Framework requirements and represent Group Procurement interests.
  • Provide support for Vendor onboarding, screening, and due diligence (DD) processes, that are delivered through the Procurement Operations Center of Excellence (COE)
  • Manage monitoring procedure to ensure the quality and accuracy of data used in Annual Review process.
  • Develop and maintain a checklist for supply chain operations to ensure compliance and efficiency as it pertains to Vendor Relationship activities.
  • Provide guidance and support for Business Owners and/or Purchaser through MyProcurement, MySpend and other guided buying capabilities.
  • Vendor Risk Heat Map(s): Manage the creation and maintenance of visual representations (heat maps) of vendor and supply risks to prioritize actions.
  • Mange the implementation of DORA requirements across Procurement ensuring compliance.
  • Provide the required input in Risk Control Self-Assessment (RCSA) reports.
  • Manage operational issues and events related to vendor relationship activities.
  • Liaise with Corporate Assurance Functions (CAFs) and as it pertains to vendor relationship activities.

About the team:

The Procurement Vendor Relationship Team focuses on developing, implementing & continual enhancement of comprehensive and differentiating approach for Vendor Relationship activities. This will ensure a strategic approach to developing and maintain vendor relationships to deliver greater value to the business.

About you:

Education:

  • Bachelor's degree required at a minimum; or similar professional qualification

Languages:

  • Excellent English, other language desirable

Professional experience and skills required:

  • Ideally, the candidate will have more than five (5) years of relevant experience in the insurance, re-insurance or financial services industry with understanding of the supply chain and ten plus (10+) years overall work experience. Candidate will demonstrate proficiency in executing on pragmatic solutions in collaboration with the business to advance Global Procurement priorities. Candidate will be required to communicate effectively with Business partners and external vendors. Candidate shall demonstrate behaviours consistent with Swiss Re's leadership imperatives with a focus on driving sustainable performance and continuous improvement.

About Swiss Re


Swiss Re is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property & Casualty and Life & Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.


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Reference Code: 128663

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