Deputy Manager

3 days ago

New Delhi, India T&M Services Consulting Pvt Ltd Full time

Job Title: Vendor Manager (Deputy Manager Grade) for Bank of Baroda Position Level:Deputy Manager Number of Positions:1 Age Limit:Minimum 25 years – Maximum 38 years Educational Qualifications Minimum:Graduation in any discipline from a University/Institution recognized by the Government of India, Government bodies, or AICTE. Preferred:Post Graduate Diploma or MBA in any discipline. Experience Requirements Total Experience:Minimum5 yearsof cumulative experience in one or more of the following sectors: Banking NBFC (Non-Banking Financial Companies) Financial Services Financial Institutions Insurance Industry Financial Intermediaries Financial Allied Industries Specific Experience:At least2 years of experience in vendor management processesin any of the above-mentioned industries. Job Role & Responsibilities Manage end-to-end vendor lifecycle including onboarding, due diligence, evaluation, performance monitoring, and contract renewal/termination. Ensure compliance with regulatory guidelines, internal procurement policies, and risk management frameworks. Coordinate with internal stakeholders (Operations, IT, Legal, Compliance, Finance, etc.) for vendor selection, performance review, and issue resolution. Maintain and update vendor databases, contract repositories, SLAs, and documentation. Monitor vendor performance against agreed SLAs, KPIs, and risk parameters, ensuring timely escalation of deviations. Conduct periodic vendor audits and risk assessments in coordination with relevant teams. Support negotiation of contracts, pricing, and service terms to optimize cost and service quality. Prepare and present vendor performance reports, dashboards, and MIS for senior management. Assist in developing vendor management frameworks, policies, and best practices. Drive process improvements to enhance vendor efficiency, compliance, and cost-effectiveness. Skills & Competencies Strong understanding of vendor management processes, procurement norms, and regulatory requirements. Excellent negotiation, communication, and stakeholder management skills. Analytical mindset with ability to assess vendor risks, performance data, and compliance issues. Proficiency in maintaining contracts, documentation, and vendor-related reporting. Strong organizational and multitasking abilities with attention to detail.

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