Team Member

4 days ago

Mumbai, Maharashtra, India Kotak Mahindra Bank Full time ₹ 15,00,000 - ₹ 25,00,000 per year

Job Summary:

The Vendor Manager will be responsible for managing third-party vendors across banking operations, ensuring compliance with regulatory guidelines (including RBI norms), optimizing vendor performance, and mitigating operational risks. The role involves strategic sourcing, contract management, and fostering strong vendor relationships to support the banks operational and service excellence.

Key Responsibilities:

Vendor Strategy & Selection

  • Identify and onboard vendors aligned with banking operational needs (e.g., IT services, facility management, security, logistics).
  • Conduct due diligence and risk assessments in line with RBI and internal compliance frameworks.

Contract & Compliance Management

  • Draft, negotiate, and manage vendor contracts and SLAs.
  • Ensure adherence to regulatory requirements including outsourcing guidelines, data privacy, and audit readiness.

Performance Monitoring

  • Define KPIs and conduct periodic vendor performance reviews.
  • Maintain vendor scorecards and initiate corrective actions where necessary.

Risk & Governance

  • Monitor vendor-related risks including financial, operational, and reputational risks.
  • Collaborate with Risk, Compliance, and Legal teams to ensure robust governance.

Relationship Management

  • Act as the primary liaison between vendors and internal stakeholders.
  • Build long-term partnerships to drive innovation and cost efficiency.

Process Improvement

  • Streamline vendor management processes using automation and analytics.
  • Support digital transformation initiatives related to vendor lifecycle management.

Qualifications & Skills:

  • Graduate/Postgraduate in Business Administration, Finance, or related field
  • 5–6 years of experience in vendor management, preferably in banking or financial services.
  • Strong understanding of RBI outsourcing guidelines and banking compliance frameworks.
  • Excellent negotiation, analytical, and stakeholder management skills.
  • Experience with vendor management systems (e.g., SAP Ariba, Coupa, Oracle).
  • Knowledge of contract law, risk management, and procurement best practices.

Preferred Attributes:

  • Strategic thinker with a proactive approach to vendor governance.
  • Ability to work cross-functionally with Legal, Compliance, Risk, and Operations teams.
  • Experience in managing vendors across multiple geographies and service categories.Role & responsibilities

Preferred candidate profile

  • Team Member

    4 weeks ago

    Mumbai, Maharashtra, India Kotak Mahindra Bank Full time

    Team Member - Product- Publishing daily business numbers - Publishing monthly business s numbers - Uploading data to Call center and campaigns- Reports to be sent to Sr management - Publishing MIS as required across PL product cohorts - Identifying and publishing channel performance

  • Team Member

    10 hours ago

    Mumbai, Maharashtra, India Mirah Hospitality Full time ₹ 1,50,000 - ₹ 2,50,000 per year

    Company DescriptionMirah Hospitality is a leading player in the organized food and beverage sector, with a diverse portfolio of brands ranging from vegetarian thalis to sports bars, resorts, food courts, and cafés. With a presence in over 20 cities across India, Mirah Hospitality has rapidly expanded over the past seven years and is known for its trusted...

  • Team Member

    4 weeks ago

    Mumbai, Maharashtra, India Kotak Mahindra Bank Limited Full time

    Job DescriptionJob role - Team Member -AML Cell - ComplianceAs an Anti-Money Laundering (AML) team member you would be responsible for identifying and monitoring transactions in the accounts as per the PMLA provisions, KYC/AML/CFT guidelines issued by RBI from time to time. The role involves other key activities like:- Analysis of red flags / alerts...

  • Team Member

    2 days ago

    Mumbai, Maharashtra, India Kotak Life Insurance Full time ₹ 6,00,000 - ₹ 12,00,000 per year

    About The Role   Job role Team Member AML Cell Compliance   As an Anti-Money Laundering (AML) team member you would be responsible for identifying and monitoring transactions in the accounts as per the PMLA provisions, KYC/AML/CFT guidelines issued by RBI from time to time. The role involves other key activities like:- Analysis of red flags / alerts...

  • Team Member

    2 days ago

    Mumbai, Maharashtra, India Axis Asset Management Company Full time ₹ 9,00,000 - ₹ 12,00,000 per year

    Job Title: Team Member - ProcurementDepartment: FinancePosition Grade Range: Basis eligibility and evaluationLocation: Lower Parel, MumbaiWho we Are?Axis Asset Management Company Ltd (Axis AMC), founded in 2009, is one of Indias largest and fastest-growing mutual funds. We proudly serve over 1.3 crore customers across 100+ cities with utmost humility.Our...

  • Team Member

    13 hours ago

    Mumbai, Maharashtra, India Kotak Life Insurance Full time ₹ 1,04,000 - ₹ 1,30,878 per year

    About The Role   Position NameNational Lead Account Servicing, Wholesale Banking  Department Wholesale Banking Service Delivery Location Vikhroli, Mumbai Number of Positions 1 Reporting Relationships M8/SVP Service Delivery and CX Position Grade M6/M7 (DVP/VP) - Account Servicing Job Role:  Role of National Lead for Account Servicing- Supervise Team...

  • Team Member

    2 weeks ago

    Mumbai, Maharashtra, India Kotak Mahindra Bank Full time

    Job Category KMBL Degree Level Bachelor s Degree Kotak Mahindra Bank About Corporate Social Responsibility Vision Our vision is to uniquely position Kotak as a responsible corporate citizen by running efficient and socially impactful CSR programs that ensure regulatory compliance engage our colleagues and delight our customers Through our CSR...

  • Team Member

    2 days ago

    Mumbai, Maharashtra, India Kotak Life Insurance Full time ₹ 8,00,000 - ₹ 12,00,000 per year

    About The Role   Job Role : Liasioning with business Teams, IT as well as external vendors on an on-going basis for extending support to existing & future projects and seek timely solutions.Being a part of testing & maintenance team of BSG function, understanding application functionality during development stage, building test cases & executing them...

  • Team Member

    10 hours ago

    Mumbai, Maharashtra, India Kotak Mahindra Bank Full time ₹ 20,00,000 - ₹ 25,00,000 per year

    Position Name: National Lead – Account Servicing, Wholesale BankingDepartmentWholesale Banking – Service DeliveryLocationVikhroli, MumbaiNumber of Positions1Reporting RelationshipsM8/SVP – Service Delivery and CXPosition GradeM6/M7 (DVP/VP) - Account ServicingJob Role:Role of National Lead for Account Servicing:Supervise Team Leaders across 5 regions,...

  • Team Member

    11 hours ago

    Mumbai, Maharashtra, India Axis Asset Management Company Full time ₹ 2,00,000 - ₹ 6,00,000 per year

    Job Title: Team Member - Accounts PayableDepartment: FinanceReports To: Senior Manager - Accounts PayablePosition Grade Range: Basis eligibility and evaluationLocation: Lower Parel, MumbaiWho we Are?Axis Asset Management Company Ltd (Axis AMC), founded in 2009, is one of Indias largest and fastest-growing mutual funds. We proudly serve over 1.3 crore...