Professional Services Sourcing Manager - IT - Investment Bank

A Leading Foreign Investment Bank is looking for a talented sourcing professional to fill the position of Sourcing Manager - Professional Services.

- Candidates should have a strong background in Professional Services Sourcing as well as a firm understanding of the Indian contingent labor and technology outsourcing landscape.

Role and Responsibilities to include:

- Manage and optimize professional services spend with external suppliers, generating procurement added value via delivery of cost savings and cost-avoidances for the Firm.

- Manage robust supplier selection processes using market analysis, RFP’s, RFI’s, RFQ’s and e-auctions.

- Provide support for sourcing activities such as renewals, benchmarking, vendor due diligence and risk, and maintaining vendor/client relationships.

- Ensure adequate business controls are in place surrounding sourcing, contracts, spending and supplier management.

- Build relationships and drive customer satisfaction for the group’s internal clients through supplier selection and engagement.

- Prepare supporting documentation for deals and contracts and ensuring that they’re readily available via firm’s contract management system

- Represent India for assigned categories in any global initiatives that may impact the region and ensure that any APAC requirements/considerations are incorporated into the global view.

- Work with Regional and Global teams to drive best practices and transformation activities to ensure continuous improvement.

Competencies/Skills:

- Negotiation - ability to conduct fact based negotiation with Suppliers at senior levels

- Analytics - perform competitive bid analysis and analyze cost/financial information.

- Problem - Solving- ability to understand objectives, identify obstacles, mitigate risk and develop and implement recommendations for alternative solutions.

- Business maturity - ability to drive sound decision making, prepare and present business presentations, and summarize status to senior/executive leaders

- Communication skills- excellent verbal, written, presentation skills in English

- Industry acumen - knowledge and experience in professional services procurement, ability to engage with IT stakeholders and vendors regarding services, pricing and performance optimization

- Ability to liaise with Compliance, Legal, Finance and Tax on structuring of deals

- Advanced PC Skills: Excel, PowerPoint and Word.