Senior Manager

Job Description

About Us

JOB DESCRIPTION

SBI Card is a leading pure-play credit card issuer in India, offering a wide range of credit cards to cater to diverse customer needs. We are constantly innovating to meet the evolving financial needs of our customers, empowering them with digital currency for seamless payment experience and indulge in rewarding benefits. At SBI Card, the motto Make Life Simple inspires every initiative, ensuring that customer convenience is at the forefront of all that we do. We are committed to building an environment where people can thrive and create a better future for everyone.

SBI Card is proud to be an equal opportunity & inclusive employer and welcome employees without any discrimination on the grounds of race, colour, gender, religion, creed, disability, sexual orientation, gender identity, marital status, caste etc. SBI Card is committed to fostering an inclusive and diverse workplace where all employees are treated equally with dignity and respect which makes it a promising place to work.

Join us to shape the future of digital payment in India and unlock your full potential.

What's In It For YOU

- SBI Card truly lives by the work-life balance philosophy. We offer a robust wellness and wellbeing program to support mental and physical health of our employees
- Admirable work deserves to be rewarded. We have a well-curated bouquet of rewards and recognition program for the employees
- Dynamic, Inclusive and Diverse team culture
- Gender Neutral Policy
- Inclusive Health Benefits for all - Medical Insurance, Personal Accidental, Group Term Life Insurance and Annual Health Checkup, Dental and OPD benefits
- Commitment to the overall development of an employee through a comprehensive learning & development framework

Role Purpose

The role is responsible for preparing short- and long-term sourcing plans and assisting sourcing lead in managing annual spend across business functions with the aim of cost saving in a manner which benefits the organization.

Role Accountability

- Prepare both short- and long-term sourcing plans and manage annual spend of 500+ cr. across 2-3 functions
- Participate in supplier development and sourcing activities, including technical evaluation, in supplier selection and qualification for assigned products & services
- Monitor supplier productivity, quality, and services to improve supplier performance and meet business operation targets
- Obtain the necessary inputs from the user group; float request for RFP /RFQ , carry out commercial negotiation (manual / reverse auction) with suppliers, benchmark & evaluate supplier commercials internally and externally
- Carry out price correction if required, seek necessary internal approvals; close terms and conditions with vendors; engage with potential vendors at regular intervals in order to maximize value creation for the organization
- Understand all invoice level tax structures to be able to evaluate TCO level costing for projects /initiatives
- Contract management of 250 + active vendors count. Evaluate and negotiate contracts, renewal, addendum in accordance with company policy
- Ensure release of Purchase orders within agreed TAT and check validity of contract
- Negotiate best price points via market intelligence and competitor analysis with the objective of meeting customer expectations on quality and timelines within stipulated budgets
- Participate in sourcing commodity audits and ensure satisfactory ratings
- Implement process documentation and compliance adherence

Measures of Success

- Saving Target: YOY delivery of saving (hard & soft saving) over defined P base
- Delivery of services: on time delivery of RFP/RFI on time (schedule date /agreed date)
- PO and Contract compliance: ensuring PO and contract availability more than 95%
- Audit compliance : Ensure satisfactory rating in audits
- Timely and accurate updating of process documentation
- Process Adherence as per MOU

Technical Skills / Experience / Certifications

- Understanding of Oracle and ERP related projects
- Knowledge of project/program management (Preferable only for IT Buyer)

Competencies critical to the role

- Negotiation Skills
- Relationship Management
- Analytical Ability
- Teamwork & Collaboration

Qualification

Graduate in any discipline

Preferred Industry

FSI /Any

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