IVMO Divisional Intra Group Sourcing Risk Analyst

In Scope of Position based Promotions (INTERNAL only)

Job Title: IVMO Divisional Intra Group Sourcing Risk Analyst
Corporate Title: Associate
Location: Bangalore, India

Role Description:

• DB Vendor Management (VM) are responsible for maintaining a bank wide end two end VM framework. The Infrastructure Vendor Management Office (IVMO) is responsible for implementing key elements of the framework, therefore ensuring the most efficient and effective execution of any sourcing event in full compliance with the groups policies and standards.
• The IVMO partners with the business functions to maintain a full understanding of business priorities and requirements to lead to the best sourcing outcomes across the Bank. The IVMO manages the divisional contract and Vendor legal governance and contributes to the required group wide transparency on our key vendor partners to drive informed management decisions.
• The IVMO Divisional Vendor Risk Manager is responsible and acts as the interface between the Infra division, IVMO Vendor Management, divisional control officer, global procurement and 2LoD risk type controllers to ensure the most efficient and effective way of delivering intra-group outsourcing profile risk transparency and driving of divisional residual risks mitigation.
• The IVMO divisional Intra Group Risk manager is also responsible for ensuring business function adherence to bank wide policies and processes.

Your Key Responsibilities:

• Implement divisional intra group sourcing governance framework and process across Infra Divisions.
• Ensure appropriate intra group sourcing agreements are set up, updated and governed and the appropriate risk assessment processes are completed.
• Maintains strong network and partnerships within the respective Infra division, Global Procurement, Divisional Control Officers and 2LoD risk Type Controllers
• Drive implementation of remediation projects in support of regulatory/DB policy adoption into business divisions
• Partner with IVMO Vendor Management function to establish intra group risk profiles and measurements to Key Risk Indicators

Your skills and experience:

• Significant Risk Domain and business management experience
• Solid understanding of policies and regulatory requirements on outsourcing based on industry standards
• Relationship building and stakeholder management skill set
• Experience in change execution
• Experience of Finance/Cost allocations etc is valued
• Business case and benefits management
• Ability to diagnose improvement areas across processes, tools and systems
• Fully conversant with Vendor Service Delivery metrics (SLA/KPIs/KRIs)