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Vendor Management Specialist - Gurgaon @ Ameriprise

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 Vendor Management Specialist - Gurgaon

Job Description

  • Act as a single point of contact (SPOC) for escalations related to vendor operational and performance risk & issues, particularly in situations requiring immediate and/or one-on-one interactions with vendors and Business leaders. Negotiate optimal outcomes in the firm s best interests.
Key Responsibilities
  • Act as a single point of contact (SPOC) for escalations related to vendor operational and performance risk & issues, particularly in situations requiring immediate and/or one-on-one interactions with vendors and Business leaders.
  • Negotiate optimal outcomes in the firm s best interests.
  • Set, maintain and enforce vendor governance policies and procedures.
  • Ensure enterprise-wide needs for due diligence, risk assessment and continued vendor monitoring are being accomplished.
  • Identify improvement areas internally and work closely with all internal stakeholders to develop action plans to close the identified gaps.
  • Manage contract compliance through auditing and ensuring a portfolio of business units are adhering to Enterprise Vendor Management policies and procedures.
  • Use & interface with Sourcing and GRC databases/tools (Archer, BIQ, Ariba, D&B, etc.) for getting the best available market & vendor management know how. Deal remotely; interact regularly with senior level business resources and suppliers based in the US.
  • Execute engagements with multiple LOBs in areas of governance, risk & compliance (GRC), contract / financial / performance management.
Required Qualifications
  • MBA with 1-4 years of post-qualification experience
  • Excellent verbal and written communication skills - will be required to liaise independently with multiple Business Owners, Legal, Vendors, Sourcing Commodity Managers & Senior leaders.
  • At least 2 years of relevant vendor management experience.
  • Basic understanding of Procurement and Vendor Management concepts, Sourcing Commodity areas, and contractual terms & conditions.
  • Demonstrated track record of influence, persuasion, and presentation skills; experience in conflict resolution.
  • Demonstrate ability to multi-task and manage multiple projects as directed by leader(s).
  • Proven ability to drive programs, projects, and every-day activities to completion on time and as expected.
  • Self-motivated and able to work independently with occasional guidance & supervision.
  • Candidates should have good working knowledge of Microsoft Excel, Power Point presentations, Word.

Preferred Qualifications
  • Exposure to Six Sigma methodology or other process improvement methodology.
  • Expert level analysis and Microsoft Office skills (including Excel and Access).
  • Ability to analyze financial results to bridge the business plan/results to financial targets/results.
  • Experience defining and managing service management metrics.

Job Classification

Industry: Financial Services
Functional Area: Financial Services
Role Category: Procurement & Purchase
Role: Vendor Relations
Employement Type: Full time

Contact Details:

Company: Ameriprise Financial
Location(s): Noida, Gurugram

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Keyskills:   Procurement Due diligence Performance management Risk assessment Process improvement Financial planning Asset management Operations Monitoring Six sigma

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Ameriprise

Ameriprise Financial has helped millions of clients feel confident about their financial futures for more than 125 years. Our network of approximately 10,000 financial advisorsdelivers personalized financial advice to help clients reach their goals..