07 Aug
|
Goldman Sachs
|
Bengaluru
07 Aug
Goldman Sachs
Bengaluru
Global Markets Division enables our clients to buy and sell financial products, raise funding and manage risk
We make markets and facilitate client transactions in fixed income, equity, currency and commodity products
In addition, we make markets in and clear client transactions on major stock, options and futures exchanges worldwide
Through our global sales force, we maintain relationships with our clients, receiving orders and distributing investment research, trading ideas, market information and analysis
Role Overview :
The Vendor Management Associate supports the end-to-end vendor lifecycle, including onboarding, contracting, performance monitoring, and risk management
The Associate partners with internal stakeholders and senior vendor managers to drive effective vendor oversight, reporting, and control execution
Key Responsibilities :
Contract Management
- Oversee the entire contract lifecycle for Information Technology vendors (software, hardware, and IT skilled services), including drafting, review, negotiation, execution, and renewal of vendor agreements
- Ensure all contracts align with organizational policies, legal requirements, and business objectives
- Monitor contract compliance, terms, and conditions, identifying and addressing any deviations or breaches
- Maintain a centralized repository of vendor contracts and related documentation
- Forecast and track vendor budgets and payments
Vendor Stakeholder Coordination
- Support vendor relationship management activities in partnership with senior team members
- Participate in vendor interactions and help coordinate communication between vendors and internal stakeholders
- Assist in preparation and execution of vendor review meetings, including gathering inputs and tracking follow-ups
- Help drive issue resolution by coordinating across vendors and internal teams
Vendor Risk Management
- Identify, assess, and mitigate potential business risks associated with vendor relationships, including operational, financial, security, data privacy, compliance, and reputational risks
- Develop and implement vendor risk assessment frameworks and due diligence processes
- Ensure vendors adhere to the organizations security policies, regulatory requirements, and ethical standards
- Develop contingency plans and exit strategies for critical vendor services
Performance Monitoring Reporting
- Track and report on vendor KPIs, SLAs, and performance metrics
- Forecast and track vendor budgets and payments
- Analyze vendor performance data to highlight trends, issues, and improvement opportunities
- Prepare reports, dashboards, and materials for internal stakeholders and senior management
Required Qualification Experience:
- Bachelor s degree in Business Administration, Supply Chain, Information Technology, Finance, or related field
- Typically 6 8 years of experience in vendor management, procurement, contract management, or third-party risk management
- Foundational understanding of vendor lifecycle management and third-party risk concepts
- Exposure to technology vendors and IT service delivery models preferred
Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.
📌 Global Banking & Markets- Vendor Management- Associate- Bengaluru
🏢 Goldman Sachs
📍 Bengaluru