Vendor Manager

HiGreetings of the Day We have a critical opening with our client for Vendor Manager role for Bangalore location Experience 4 to 9 yrsLocation HybridPayroll Company Name Ciel HRMode of Employment ContractJob descriptionInternal Client and Data Product Management Business partner to build strong relationships with and influence internal stakeholders at all levels with a focus on the Index business globally Finance and operational divisions Understand the use and needs for data across LGIM globally including its integration into various applications and workflows for those vendors within the individuals portfolio Source and support the management of data into LGIMs core systems Uncover new strategic sourcing opportunities through understanding the market landscape demand management supplier consolidation and process efficiencies Partner with internal teams to effect changes to licencing of market data and distribution in accordance with the changing business demand maximising the value of LGIMs agreements Navigate forthcoming new and changes to regulations ensuring LGIM is well positioned to meet these challenges across its operations Work collaboratively with other Vendor Management Team SMEs across key business areas and activities to ensure seamless service to business stakeholders Contractual Management Review and negotiate new service contracts bringing operational and commercial expertise considering key business needs and opportunities for xe2x80x98futureproofing where appropriate Work closely with internal and external Legal counsel to review contracts and ensure LGIM is licenced to minimise risks and maximise value Communicate limitations obligations and risks with the business documenting approvals from stakeholders Maintain awareness of evolution of business use and proactively identify and work to mitigate risks throughout the agreement life cycle Monitor and manage renewals with awareness of key dates business engagement and conclude amendments or cancellations in line with business demands Competently understand key aspects of relevant agreements to be able to address business questions efficiently relying on Legal resource where necessary for support Align management of any contractual changes in accordance with the framework defined by LGIM Commercial Management Continually evaluate requests for products services - considering cost reduction data quality improvements and value for money Actively bring forward saving ideas solutions and commercial risks and contribute to the overall budget process as an SME Report and present data budget costs for relevant business divisions highlighting their spend profile and tracking against defined budget Challenge the business on new data requirements supporting raising of business cases and approvals for out of budget spends on essential requirements Align management of any commercial negotiations in accordance with the framework defined byAbout CIEL HR Payroll Company Ciel HR marks the return of HR visionaries to the HR Services industry powered by technology and analytics The Founders of Ma Foi the pioneer of the HR services sector in India along with some of the finest brains in the HR Services Industry have envisioned and built the firm CielHR to deliver the full range of Recruiting services from Executive Search Recruitment Process Outsourcing and Staffing Permanent as well as Temporary roles through its offices in India and the Middle East Website https www cielhr comRole really excits you kindly share resume to tejasri attipalli cielhr com RegardsTeja sri9392318267