IT Vendor Management

Job Title: IT Vendor Management Specialist

Location: Hyderabad (mandatory)

Overview:
We are seeking an experienced IT Vendor Management Specialist to join a global financial services organisation. This role will focus on managing vendor relationships, contracts, and performance to ensure value, compliance, and service quality across critical technology partners.

Key Responsibilities:

• Support vendor lifecycle management including deal initiation, negotiation, contracting, and renewals.
• Manage financial processes: purchase orders, invoicing, budget tracking, and forecasting.
• Prepare reports and dashboards to support vendor performance and financial oversight.
• Facilitate governance forums, ensuring SLA adherence, issue resolution, and continuous improvement.
• Collaborate with Finance, Business Managers, Procurement, and other stakeholders to ensure smooth vendor operations.
• Identify and implement process improvements within vendor and contract management.
• Oversee risk and compliance aspects of third-party vendor engagement.

Requirements:

• Proven track record in IT vendor management within financial services, ideally multinational organisations.
• Strong understanding of IT contracts, procurement processes, and financial management.
• Experience managing vendors across multiple contract types (e.g., managed services, hardware, software).
• Strong stakeholder management and relationship-building skills in complex matrix environments.
• Excellent analytical, problem-solving, and reporting skills (advanced Excel preferred).
• Fluent English communication skills, both written and verbal.
• Ability to manage competing priorities under tight deadlines.

Job Type: Full-time

Pay: ₹12,600.78 - ₹53,537.06 per month

Benefits:

• Life insurance

Experience:

• Contract management: 3 years (Required)
• third party management: 3 years (Required)
• Vendor Risk management: 3 years (Preferred)
• Vendor management lifecycle: 1 year (Preferred)
• IT Vendor Management: 4 years (Required)