Job Description
Vendor Management Analyst-1
Deutsche Bank
Mumbai, Maharashtra
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+ hours agoFull–time
Job Title: Divisional Vendor Manager (IB DVMO team) – m/f/d
Corporate Title: Analyst/ Associate
Division: Investment Bank
Location:DBC Mumbai
Local Manager:Nirmala Rajesh / Supratik Datta
Overview:
The Investment Bank (IB) brings together Deutsche Bank´s Financing, Capital Markets, Origination and Advisory services as well as Sales and Trading businesses. The IB is maintaining a global presence with major hubs in US, Europe and Asia which are all critical for our business model to remain a leading European bank, deeply rooted in Germany, and with a strong global network.
Team Overview:
The IB Divisional Vendor Management Office (DVMO) works with all Investment Bank businesses globally to help them meet their business strategy and manage cost, risk, and performance to target. This includes management of Vendor relationships and engagements end-to-end to ensure effective and efficient service delivery. Areas of focus cover vendor selection, right-sizing of the vendor perimeter, ensuring vendor and service ownership, actively managing vendor–related cost and risk, optimizing process, tooling, and data together with business partners in Global Procurement and the Risk Type Controllers.
Vendor Management is a Key Deliverable for DB and therefore the IB DVMO actively engages with and leads efforts in the bankwide Vendor Management Re-design Initiatives which aim at a state-of-the-art set-up and governance on how we manage our Vendors in the best way over the vendor lifecycle.
What we will offer you
As part of our flexible scheme, here are just some of the benefits that you will enjoy
• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under child care assistance benefit (gender neutral)
• Flexible working arrangements
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above
Key Responsibilities:
The IB Vendor Manager (VM)
• collaborates closely with the businesses, respective IB Vendor & Service Owners, Procurement, and 2nd LoD functions,
• is responsible for the service relationship with vendors on transactional level,
• supports senior management in their day-to-day- management of vendor relationships,
• ensures adequate monitoring of performance, cost and risk of service relationships via KPIs,
• identifies process gaps and develops improvements to ensure efficiency,
• performs vendor related risk management process responsibilities,
• ensures adherence to guidelines
💡 Quick Summary
Seeking a career-building opportunity? The Vendor Management Analyst|1 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.
