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Inchcape Shipping Services
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Procurement Executive

Procurement Executive

Inchcape Shipping Services

2 - 4 years

3 - 4 Lacs

Navi Mumbai

Posted:5 months ago| Platform:

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Skills Required

Procurement Vendor Development Vendor Management Risk Compliance Contract Management

Work Mode

Work from Office

Job Type

Full Time

Job Description

Main Purpose of Job To ensure that all third-party compliance check requests (vendors, suppliers, service providers) are addressed accurately and in a timely manner, supporting the companys risk mitigation and due diligence processes. Key Accountabilities Attend and process all third-party compliance check requests (vendors, suppliers, agents, service providers) in a timely and accurate manner. Coordinate with internal teams (Legal, Procurement, Compliance) for reviews and approvals. Conduct daily monitoring of onboarded third-party entities using internal tools or external screening platforms. (Dow Jones... etc) Identify any red flags, changes in risk profile, or regulatory alerts associated with third parties. Immediately escalate significant issues to relevant stakeholders including Compliance, Legal, Procurement, and Management. Maintain clear communication channels with internal stakeholders on compliance status, red flag alerts, and actions taken. Maintain detailed and up-to-date records of all compliance checks and communications Support development and refinement of third-party risk management policies and procedures. Recommend process improvements and automation opportunities to enhance efficiency and accuracy. HSSE - Health, Safety, Security and Risk (Mandatory Requirements) Assessing HSSE risk and implementing risk controls within own area of responsibility. Reporting all accidents, incidents and near misses whether the persons are injured or not. Taking action within area of accountability to ensure the HSSE of both the job holder and other persons who may be affected by acts carried out or failed to be carried out by the job holder while at work. Ensuring full compliance with the ISS HSSE Management System. The post holder will carry out any other duties within the scope and purpose of the job as requested by the Line Manager and ensure full utilization of all ISS systems according to Standard Operating Procedures. Key Deliverables As per the annual performance objectives. Essential Bachelor’s degree in Business, Risk Management, Law, or a related field. 2–5 years of experience in compliance, vendor risk management, or due diligence roles. Experience with third-party monitoring tools (e.g., World-Check, LexisNexis, etc.) preferred. Strong analytical, research, and reporting skills. Excellent communication and presentation skills Ability to work under minimum supervision. Excellent attention to detail and ability to manage time-sensitive tasks. Ability to communicate on all levels, influential skills; relationship builder to internal and external stakeholders. Working knowledge of data privacy, sanctions, anti-bribery, and AML regulations is a plus. Educated to degree or equivalent level CIPS (or equivalent) procurement qualification Eligibility to work in the India Ability to travel to UK and worldwide Applicants must be currently based in Mumbai as no relocation is offered Desirable Ability to speak other European languages would be an advantage Experience in large scale, complex, global service organization Extensive experience in or exposure to the maritime industry Experience of vendor auditing and compliance

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Procurement Executive