Job Description
Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.
BNP Paribas is the European Union’s leading bank and key player in international banking. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group's performance and stability
Commitment to Diversity and Inclusion:
At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, ****** orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.
The External Spend Management team (ESM) supports BNP Paribas CIB worldwide.
This team handles the relationship with the P&P; community to ensure smooth and efficient relationship with CIB stakeholders for business driven third party requirements.
The new team will support the global ESM team in the following projects:
- Third party contracts management to secure better control and management
- Facilitation and industrialization of expense management governance
Job Title: Vice President - External Spend Management
Grade: Vice President 1
This role demands a result-driven leader with deep expertise in contract lifecycle management, IT products/services, regulatory governance and cross functional collaboration.
The candidate should be able to manage risk mitigation framework while adeptly navigating global stakeholder landscapes and regulatory obligations such as DORA.
Demand management
· Contract Management
· Supplier Management
· Risk Management
· Collaboration with TPRM/Legal/Cybersecurity/Compliance teams
· Team Management
· Strategic demand management
Secure consistency of purchases with business needs in partnership with procurement, beneficiaries and suppliers to shape long term strategies aligned with ESM goals
Contract and commercial governance
Oversee the end-to-end contract life cycle from sourcing to renewal and termination ensuring commercial and regulatory excellence
Build best-in-class contract structures that enable agility and performance accountability
Supplier and performance management
Implement robust supplier performance metrics, service-level adherence and risk-compliant partnerships
Risk and regulatory compliance
Embed risk mitigation protocols into ESM activities with special focus on operational resilience and regulatory compliance (DORA)
Ensure team practices align with internal risk framework and external standards
People leadership and Transformation
Set-up, develop, mentor and lead a high-performance team
formalize the procedures and operational model to guide the team for implementation of the designed framework
Partner closely with TPRM, IT security, Legal, Compliance and other functions to uphold governance and safeguard BNP Paribas interests
Act as a POC for ESM regulatory and audit engagements
Influence strategic IT sourcing decisions at a global level through data-driven insights and domain expertise
Maintain deep market knowledge of IT hardware, software, cloud infrastructure and managed services
12 plus years of progressive experience in IT demand, sourcing, risk management with at least five years in leadership capacity
In-depth knowledge of regulatory requirements (DORA, GDPR, EBA regulations) impacting the banking sector
Bachelor’s degree required; MBA or relevant certifications preferred
Ability to develop and leverage networks
Ability to set up relevant performance indicators
Education Level: Bachelor Degree or equivalent
Experience Level: At least 12 years
BNP Paribas is the European Union’s leading bank and key player in international banking. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group's performance and stability
Commitment to Diversity and Inclusion:
At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, ****** orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.
The External Spend Management team (ESM) supports BNP Paribas CIB worldwide.
This team handles the relationship with the P&P; community to ensure smooth and efficient relationship with CIB stakeholders for business driven third party requirements.
The new team will support the global ESM team in the following projects:
- Third party contracts management to secure better control and management
- Facilitation and industrialization of expense management governance
Job Title: Vice President - External Spend Management
Grade: Vice President 1
This role demands a result-driven leader with deep expertise in contract lifecycle management, IT products/services, regulatory governance and cross functional collaboration.
The candidate should be able to manage risk mitigation framework while adeptly navigating global stakeholder landscapes and regulatory obligations such as DORA.
Demand management
· Contract Management
· Supplier Management
· Risk Management
· Collaboration with TPRM/Legal/Cybersecurity/Compliance teams
· Team Management
· Strategic demand management
Secure consistency of purchases with business needs in partnership with procurement, beneficiaries and suppliers to shape long term strategies aligned with ESM goals
Contract and commercial governance
Oversee the end-to-end contract life cycle from sourcing to renewal and termination ensuring commercial and regulatory excellence
Build best-in-class contract structures that enable agility and performance accountability
Supplier and performance management
Implement robust supplier performance metrics, service-level adherence and risk-compliant partnerships
Risk and regulatory compliance
Embed risk mitigation protocols into ESM activities with special focus on operational resilience and regulatory compliance (DORA)
Ensure team practices align with internal risk framework and external standards
People leadership and Transformation
Set-up, develop, mentor and lead a high-performance team
formalize the procedures and operational model to guide the team for implementation of the designed framework
Partner closely with TPRM, IT security, Legal, Compliance and other functions to uphold governance and safeguard BNP Paribas interests
Act as a POC for ESM regulatory and audit engagements
Influence strategic IT sourcing decisions at a global level through data-driven insights and domain expertise
Maintain deep market knowledge of IT hardware, software, cloud infrastructure and managed services
12 plus years of progressive experience in IT demand, sourcing, risk management with at least five years in leadership capacity
In-depth knowledge of regulatory requirements (DORA, GDPR, EBA regulations) impacting the banking sector
Bachelor’s degree required; MBA or relevant certifications preferred
Ability to develop and leverage networks
Ability to set up relevant performance indicators
Education Level: Bachelor Degree or equivalent
Experience Level: At least 12 years
💡 Quick Summary
Seeking a career-building opportunity? The (IFO043) - Vp, risk management position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.