Strategic Vendor Relationship Manager

6 days ago


Hyderabad, Telangana, India Goldman Sachs Full time

Your Impact
As a key member of the HCM Vendor Management team at Goldman Sachs, you will play a critical role in managing high-impact strategic vendor relationships. Your responsibilities will include sourcing engagement, contracting, onboarding, and managing spend, with a focus on ensuring all up-vendor governance.

Our Impact
Our team is dedicated to covering the length and breadth of the HCM vendor landscape. Over the past year, we have identified and highlighted vendor cost leakages and recovered vendor overcharges through robust validation controls. We track and govern 300+ vendor risks on a quarterly basis and manage strategic vendor relationships.

How You Will Fulfill Your Potential
• Monitor vendor performance by tracking key SLAs and KPIs
• Drive vendor governance as part of monthly and quarterly business reviews
• Support the HCM Vendor Risk Management and Governance program to monitor ongoing risks and drive remediation of open risks
• Govern sourcing and vendor onboarding on tools and systems like KY3P and Ariba
• Drive vendor spend analysis and MIS reporting
• Support contract change management, renewals, and negotiations in collaboration with sourcing and legal
• Leverage strong communication and relationship-building skills while interacting with other areas of the firm and professionals across the globe

Skills and Experience We're Looking For
• 1-3 years of experience in vendor management and governance, with strong interpersonal skills and ability to coordinate and interact effectively with internal clients, global colleagues, and senior management
• Analytical and data-driven, leveraging data available to drive process enhancements
• Ability to work on multiple projects concurrently, with exceptional time management
• Ability to present data, reporting, and dashboards leveraging tools, an added advantage

About Goldman Sachs
At Goldman Sachs, we commit our people, capital, and ideas to help our clients, shareholders, and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities, and investment management firm. Headquartered in New York, we maintain offices around the world. We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness, and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at /careers. We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process.



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