Description
Key Responsibilities
- Drive risk-based onboarding of vendors, ensuring completion of due diligence, risk scorecards, and mandatory approvals
- Evaluate materiality & criticality of vendors and align approvals as per risk classification
- Ensure no vendor engagement without ORM/IRM approval and compliance to outsourcing framework
- Monitor ongoing vendor risk through periodic/annual due diligence and performance reviews
- Oversee contract & SLA governance to mitigate operational and compliance risks
- Manage change requests, renewals, and scope changes with updated risk assessments
- Govern vendor offboarding, including risk containment (access revocation, data security, etc.)
- Support audit, regulatory inspections, and compliance reviews

Responsibilities
Key Responsibilities
- Drive risk-based onboarding of vendors, ensuring completion of due diligence, risk scorecards, and mandatory approvals




- Evaluate materiality & criticality of vendors and align approvals as per risk classification
- Ensure no vendor engagement without ORM/IRM approval and compliance to outsourcing framework
- Monitor ongoing vendor risk through periodic/annual due diligence and performance reviews
- Oversee contract & SLA governance to mitigate operational and compliance risks
- Manage change requests, renewals, and scope changes with updated risk assessments
- Govern vendor offboarding, including risk containment (access revocation, data security, etc.)
- Support audit, regulatory inspections, and compliance reviews

Qualifications
Eligibility
- 5–10 years of experience in Operational Risk / Vendor Risk / Compliance / Vendor Management
- Solid understanding of outsourcing risk, regulatory frameworks, and third-party risk management
- Prior exposure to BFSI environment preferred

📌 Team Member-IT Finance-SUPPORT SERVICES-CTO Head (Mumbai)
🏢 Kotak Mahindra Bank
📍 Mumbai