Vendor Management & Procurement Manager

Year    Bangalore, Karnataka, India

Job Description


Job Title Vendor Management & Procurement Manager

So, who are we?
Hello, were IG Group. No, not Instagram though we're a pretty big deal ourselves.
Were a global, FTSE 250-listed company made up of a collection of progressive fintech brands in the world of online trading and investing. The best part? Weve snapped up many awards for our top-class platforms, forward-thinking products, and incredible employee experiences.
We believe in financial freedom. And our purpose is to help ambitious people achieve it. Around 400,000 people use our ground-breaking technology and forward-thinking platforms to trade the financial products they know and love.
Did we mention we have offices in 18 countries? Yes, when you join IG Group, you'll have the chance to work across multiple brands, with people all over the world. Join us for an exciting future and lets innovate together
Your role in the Team
Oversight of the VM Inbox and team members responses (time and quality) . Managing a team member/s (Administrator) responsible for running BAU vendor onboarding processes, ensuring oversight of vendor processes in the TPRM tool.
What youll do
Audit/ checking accuracy of vendor processes, e.g.to ensure correct BIR/ spend category is applied
Manage ongoing due diligence for critical vendors and outsourced arrangements
Completing vendor onboarding BAU as cover for team and for complex/ critical or sensitive requirements.
Working with VM&P analyst to provide reporting to various business stakeholders, including: Outsourcing registers
Vendor management processes e.g. compliance with process
Tracking progress of vendors through onboarding and due diligence processes
Tracking Procurement/ vendor management KPIs and SLAs
Tracking and monitoring remediations as an outcome of vendor due diligence
Management information as required for the Vendor Management Committee
Improvement and maintenance of vendor onboarding and due diligence procedures (In Aravo) and associated manuals/ procedure documentation
Building relationships with stakeholders across the business to understand regulatory, legal and risk requirements relating to TPRM
Responding to audit queries (internal/ external) on VM related topics
Assist TPRM lead in review of RCSA and evaluating/ improving vendor management controls
Reviewing contracts/ legal agreements for low risk/ value spend.
Who were looking for?
Youre curious about things like the client experience, the rapid developments in tech, and the complex world of fintech regulation. Youre also a confident, creative thinker with a knack for innovating. We know that you know every problem has a solution. Here, you can try new ideas and lead the way in creating inspiring experiences for our clients and everyone around you.
We dont fit the corporate stereotype. If you want to work for a traditional, suit-and-tie corporate that just gives you a pay cheque at the end of the month, we might not be for you. But, if you have that IG Group energy and you can stand behind what we believe in, lets raise the bar together.
What youll need for this role
Proven 5-8 years experience in vendor management, procurement, strong excel experience, stakeholder experience.
Experience in auditing and ensuring compliance with vendor processes.
Familiarity with due diligence processes for critical vendors and outsourced arrangements.
Proficiency in vendor management systems (e.g., Aravo) and related software.
Strong analytical skills for tracking KPIs, SLAs, and vendor progress.
Ability to review and understand contracts and legal agreements.
Excellent communication and interpersonal skills for building relationships with stakeholders.
Strong organizational skills to manage multiple tasks and deadlines.
Detail-oriented with a focus on accuracy and compliance.
Understanding of regulatory, legal, and risk requirements related to Third-Party Risk Management (TPRM).
Ability to respond to internal and external audit queries effectively.
Capability to assist in reviewing RCSA and improving vendor management controls.
Proactive in identifying and implementing improvements in vendor onboarding and due diligence procedures.
Professional certifications (e.g., CPA, CIA, CISA) are a plus.
How youll grow
When you join IG Group, we want you to have more than a job we want you to have a career. And you can. If you spot an opportunity, we want you to chase it. Stretch yourself, challenge your self-beliefs and go for the things you dream of. With internal and external learning opportunities, and the tools to help you skyrocket to success, well support you all the way.
And these opportunities truly are endless because we have some bold targets. We plan to expand our global presence, increase revenue growth, and ultimately deliver the worlds best trading experience. Wed love to have you along for the ride.
The perks
It really is more than a job. Well recognize your talent and make sure that you can still have a life at work, and outside of it. Networks, committees, awards, sports and social clubs, mentorships, volunteering opportunities, extra time offxe2x80xa6 the list goes on.
Stable employment conditions with attractive remuneration.
Excellent work location and atmosphere in working place.
Comprehensive social benefit package (private medical cover for you and your family/life Insurance) as well as training and development.
Flexible work arrangements we work in hybrid working framework.
Home office equipment reimbursement.
2 additional days off a year for voluntary work & 1 additional day off to celebrate your Birthday.
Free lunch, fresh fruits and coffee/hot drinks & Cab service at minimal charges & free shuttle service to the nearest metro station.
Annual parties and other social events.
Where youll work
We follow a hybrid working model; we reckon its the best of both worlds. This model also feeds into our secret ingredients for innovation: diversity, flexibility, and close connection.
Plus, youll be welcomed into a diverse and inclusive workforce with a lot of creative energy.
Ask our employees what their favourite thing is about working at IG, and youll hear an echo of xe2x80x98our culture! Thats because you can come to work as your authentic self. The things that make you, you like your ethnicity, sexual orientation, faith, age, gender identity/expression or physical capacity can bring a fresh perspective or new skill to our business.
Thats why we welcome people from various walks of life; and anyone who wants to help us realize our vision and strategy.
So, if youre keen to connect with our values, and lead the charge on innovation, you know what to do.
Apply now
Number of openings 1

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Job Detail

  • Job Id
    JD3536808
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Bangalore, Karnataka, India
  • Education
    Not mentioned
  • Experience
    Year