02 Oct
|
Plastics For Change
|
Bengaluru
02 Oct
Plastics For Change
Bengaluru
Duties and Key Responsibilities
- Conduct comprehensive checks on vendors before onboarding, including business registration and statutory documents, GST and PAN validation, company ownership and beneficial ownership, bank account details, and operational existence.
- Coordinate with external background verification and due diligence agencies when required to assess the credibility and track record of prospective vendors.
- Ensure all mandatory documents are collected, verified, approved, and maintained before vendor activation, driving a high vendor documentation compliance rate.
- Develop and manage a systematic vendor risk assessment framework based on factors such as financial stability, compliance history, operational capability, documentation, reputation, and business criticality.
- Flag high-risk vendors to relevant stakeholders and actively work towards the reduction of high-risk or non-compliant vendors.
- Monitor compliance with vendor agreements, terms and conditions, contractual requirements, and organizational policies.
- Develop, maintain,
and drive the adoption of standardized vendor onboarding processes, compliance policies, and standard operating procedures.
- Maintain a centralized and up-to-date vendor compliance database.
- Plan and conduct periodic vendor audits and compliance reviews, ensuring timely completion of all scheduled assessments.
- Document audit findings, track corrective and preventive actions, and ensure the timely closure of any vendor corrective actions.
General Responsibilities:
- Work closely and collaborate with cross-functional teams, including Procurement, Finance, Legal, Operations, Marketplace / Business Teams, Supply Chain, and Leadership.
- Ensure vendor-related decisions are closely aligned with organizational risk appetite and overall business requirements.
- Act as the central point of coordination and primary contact for all vendor compliance and risk-related matters.
Requirements
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Knowledge, Experience a
📌 Senior Associate – Vendor Compliance (Bengaluru)
🏢 Plastics For Change
📍 Bengaluru