Deputy Manager - Sourcing - Compliance/Risk - BFSI

Deputy Manager-Sourcing_Mumbai_With leading internation financial company

We are having excellent opportunity for the position of Deputy Manager - Sourcing for Mumbai location with one of the leading international financial company.

Designation : Deputy Manager - Sourcing

Location : Mumbai

Job Profile :

- Responsible for administrative processes and initiatives required to ensure Sourcing and business compliance with internal policies, regulatory and legislative requirements.

- Conduct assurance activities with the business to measure and ensure compliance to agreed standards both pre and post contract execution of internal and external stakeholders, e.g. hold regular risk review meetings within Sourcing to assess if the risks are properly identified, rated and there exists enough control to mitigate them within the department's processes.

- Ensure the process and criteria for all risk reporting is understood and followed and all requirements are met within agreed deadlines.

- Ensure the process and criteria for material contracts is understood and followed and all requirements are met within agreed deadlines.

- Be accountable for the generation of regular MI for the department covering all aspects of risk and material contract reporting and compliance.

- Participate in risk coordinators meetings as a representative of the Sourcing team; act as liaison point between Sourcing and Risk and Legal.

- Interpret changes to the Risk and Regulatory framework and incorporate new requirements in to Sourcing policy, process and working practice.

- Assist the Sourcing Operations Manager in the continuous development and maintenance of best practice processes (SourcePru & MCR Framework), ensuring that all risk requirements are included and compliance by the business can be measured.

- Work with Sourcing to deliver sourcing/outsourcing projects and to drive initiatives, including an end-to-end self-certification process for testing controls, and getting responses on questionnaires for internal policies from the suppliers.

- Lead projects to meet the requirements in changes to regulation or working practices as required by the Sourcing SLT. Ensure all policies and processes are updated and training is provided for the team.

Ms. Hemangi
Avenues Consulting
Sr. HR Consultant-Recruitment