Vendor Manager

6 days ago

India Mancer Consulting Services Full time ₹ 15,00,000 - ₹ 20,00,000 per year

Looking for Head IT Vendor Management (Director)Pune locationKey ResponsibilitiesStrategic Alignment & PlanningDrive alignment among key stakeholders to define and support the business and technology strategy. Ensure a holistic view (vertical and horizontal) through value streams and collaborative design structures, avoiding service duplication and optimizing tooling strategies across all providers. Vendor Strategy & EngagementLead the engagement strategy for new and existing service providersChair Vendor Management Meetings and lead the Vendor Management team.

Commercial & Financial ManagementProvide third-party requirements to Procurement; support commercial negotiations, contract structuring, and vendor selection. Collaborate with Finance to develop P&L models, business case justifications, and recharging frameworks. Analyze funding options across portfolios (e.g., RTB, CTB, LTO) and support prioritization.

Operational ExecutionEnsure timely completion of pre-contract tasks, approvals, and TPS governance. Maintain accurate forecasts, manage budgets, workforce requirements, and purchase orders. Monitor and validate financial performance, benefits realization, and invoicing processes.

Governance & Risk OversightOversee vendor performance and associated risks, ensuring contracts meet operational and strategic needs. Participate actively in governance forums including COO, Finance, and Technology review boards. Leadership & CollaborationActively contribute as a member of the CIB & HBEU Ops Director leadership team.

Engage as a core member of the GCIO Vendor Management Pillar working group. Continuous ImprovementRefresh objectives and strategies ahead of renegotiation cycles to align with evolving business needs. Key Skills & QualificationsProven experience in vendor/third-party management in a complex financial or technology environment.

Strong commercial acumen and experience in financial modeling, business case development, and contract negotiation. Deep understanding of IT and business operations, with experience in cross-functional collaboration. Excellent leadership, communication, and stakeholder management skills.

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