Role & Responsibilities

Key highlights of the role are listed below (purely indicative and not limiting):
This position would include the mentioned set of responsibilities but not limited to:
- Role Purpose: Establish a centralized vendor outsourcing governance framework, ensuring regulatory compliance, risk control, and board-level visibility

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Strengthening the Procurement Governance & Control Framework.
- Monitor adherence to procurement policies, procedures, and control requirements.
- Assist in identifying control gaps & tracking remediation actions
- Maintain documentation & evidence supporting procurement controls and governance activities.
- Coordinate implementation & ongoing monitoring of the Outsourcing Risk Management Framework.
- Conduct periodic assessments of vendor financial, operational, legal, reputational, and concentration risks.
- Prepare vendor risk evaluations and maintain vendor risk classification records, including material outsourcing arrangements.
- Review and visit to vendors Business Continuity Plans, contingency measures,



& operational resilience documentation.
- Support periodic vendor stress-testing and risk assessment exercises.
- Escalate significant observations and emerging risks to the VP Procurement for review & guidance.
- Act as SPOC for all types of audits and keeping records of audit trails.
- Coordinate vendor due diligence activities during onboarding and periodic review cycles.
- Organize vendor performance review meetings and maintain related records.
- Track completion of annual vendor reviews and risk assessments.
- Maintain a centralized repository of vendor due diligence reports, performance reviews, and compliance records.
- Maintain and update the centralized outsourcing and vendor governance MIS.
- Prepare periodic dashboards and reports on vendor risk, outsourcing arrangements, performance reviews, audit observations, and open action items.
- Maintain audit-ready documentation to support internal and external

📌 Sr. Manager/Manager (Mumbai)
🏢 BOBCARD
📍 Mumbai