We are M G Global Services Private Limited formerly known as 10FA India Private Limited and prior to that Prudential Global Services Private Limited We are a fully owned subsidiary of the M G plc group of companies operating as a Global Capability Centre providing a range of value adding services to the Group since 2003 At M G our purpose is to give everyone real confidence to put their money to work As an international savings and investments business with roots stretching back more than 170 years we offer a range of financial products and services through Asset Management Life and Wealth All three operating segments work together to deliver attractive financial outcomes for our clients and superior shareholder returns M G Global Services has rapidly transformed itself into a powerhouse of capability that is playing an important role in M G plc s ambition to be the best loved and most successful savings and investments company in the world Our diversified service offerings extending from Digital Services Digital Engineering AI Advanced Analytics RPA and BI Insights Business Transformation Management Consulting Strategy Finance Actuarial Quants Research Information Technology Customer Service Risk Compliance and Audit provide our people with exciting career growth opportunities Through our behaviours of telling it like it is owning it now and moving it forward together with care and integrity we are creating an exceptional place to work for exceptional talent Job Dimensions Financial -Cost and Contract negotiations and Procurement Keeping abreast of procurement market and industry insights and trends Management Information Reporting Preparation and submission of Budgets Forecasts for the team Review of Finance related Policies Capex P2P etc and implement necessary controls Non-FinancialContinuous improvement of Procurement Processes Regulatory Compliance under applicable laws Team management and retention ProcurementPartner with the business and functional leadership to understand short medium requirement of goods and services that need to be procured Assess and assist in the mitigation of vendor risk Ensure appropriate contract structures types pricing models vendor incentive models service level agreements performance indicators and cost models are applied consistently across vendors Partner with internal and external legal counsel to ensure proper forms of Agreement are utilized contractor conformance with the terms and conditions of the Agreements and refinement of Agreements as required Cost negotiations and procurement Spot negotiation on smaller and day to day purchases of services or any other procurement activities like infrastructure facilities IT HR etc Execute end to end RFQ RFP procurement process Initiate local or alternate procurement activities Drive commercial value from our easy transactions including savings cost avoidance and added value Create drive effective metrics and data to measure the value delivered through commercial negotiations OperationsSupport the development agreement and communication of M G Global procurement policy and processes To demonstrate a positive risk compliance and control culture through the identification assessment monitoring and management of risks and issues within the business area alongside ensuring timely and appropriate resolution of control weaknesses actions and failures that arise Work closely with Finance Legal IT HR and Facility teams to ensure smooth delivery of vendor empanelment process We have a diverse workforce and an inclusive culture at M G Global Services regardless of gender ethnicity age sexual orientation nationality disability or long term condition we are looking to attract promote and retain exceptional people We also welcome those who take part in military service and those returning from career breaks