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:

- Conduct vendor due diligence, risk assessments activity for current & existing outsourcing/service providers.
- Perform pre-engagement evaluations covering: Vendor capability and experience, financial strength and sustainability, Business / market reputation and litigation checks, Operational and service delivery capabilities
- Review vendor documentation and supporting evidence to assess overall risk profile.
- Assess vendor risks across financial, operational, legal, compliance, reputational, and concentration risk categories.
- Evaluate vendor security controls, audit coverage, reporting frameworks, & governance practices.
- Experience of GeM Portal and Public Procurement will be added advantage.
- Frequent vendor office visit as part of vendor due diligence
- Review and visit vendors Business Continuity Plans (BCP), disaster recovery arrangements, and operational resilience preparedness.
- Assess vendor management practices relating to subcontractors and third-party dependencies.
- Evaluate external risks such as political, economic, regulatory, and jurisdictional factors.
- Support and organise periodic and annual vendor financial and capability reviews to reporting manager
- Monitor and report potential deterioration in vendor performance, financial condition, compliance status, or operational effectiveness.
- Identify security, compliance, performance,



and contractual risk concerns for further review and escalation.
- Assist in vendor risk classification, including identification of material outsourcing arrangements and vendor concentration risks.
- Prepare vendor due diligence reports, risk assessment summaries, and management presentations.
- Maintain accurate assessment records and supporting documentation.
- Support preparation of governance dashboards, risk registers, and committee materials.
- Ensure all reviews and assessments are documented in accordance with internal policies and audit requirements.
- Coordinate with Procurement, Risk, Compliance, Legal, IT, Business, and Vendor Management teams during assessment and review activities.
- Follow up on risk mitigation actions and track closure of identified gaps.
- Support Sr. Manager in vendor governance reviews and committee discussions.
- SPOC to maintain record of all templet design and framework and procurement policy and keep track of all approvals and versions.

Applicants should possess the following attributes:

- Experience in Vendor Risk Management, Internal Audit, Risk Advisory, Consulting, Procurement, or Governance functions.
- Experience in Financial Services, Banking, Insurance, NBFC, or regulated industries preferred.
- Experience in handling Vendor onboarding process.
- Experience in vendor due diligence, risk assessment, and performance monitoring.
- Experience in MIS preparation, and audit coordination.
- Excellent in communication, and documentation skills.
- Proficiency in MS Excel, PowerPoint, and reporting tools

📌 Manager/Deputy Manager - Procurement (Goregaon)
🏢 BOBCARD
📍 Goregaon