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Associate - Divisional Vendor management
DWS Investment
posted 4mon ago
Job Role Insights
Key skills for the job
Job Description
- collaborates closely with the businesses, respective IB Vendor & Service Owners, Procurement, and 2nd LoD functions,
- is responsible for the service relationship with vendors on transactional level,
- supports senior management in their day-to-day- management of vendor relationships,
- ensures adequate monitoring of performance, cost and risk of service relationships via KPIs,
- identifies process gaps and develops improvements to ensure efficiency,
- performs vendor related risk management process responsibilities,
- ensures adherence to guidelines and Key Operating Documents,
- supports and advises the business on the best possible design of the service relationship
- identifies process gaps or inconsistencies and propose appropriate mitigating actions to drive efficiencies for areas (or vendors) within their remit,
- Ensures compliance with the applicable policies, procedures and key operating documents.
Thereby the VM leads in
- defining the IB vendor sourcing strategy in cooperation with businesses
- driving down IB s vendor cost and risk
- ensuring good vendor governance and performance management
- establishing efficient Vendor Risk Management approach and
- ensuring overall compliance of divisional risk position against risk appetite
Skills and Qualifications:
- candidate must have overall 6 to 8 years for the role.
- strong experience as a Vendor Manager/Specialist, Procurement Manager or in a Business Manager role
- well-versed in regulatory requirements during a vendor outsourcing life-cycle
- good experience in risk management, esp. valuable if in Non-Financial Risk
- experience in a trusted advisory role
- used to build a holistic view and strive to overcome divisional silos
- used to deliver to pre-defined objectives in time
- excellent communication skills in writing as well as verbally with the ability to communicate in a clear, concise manner at all levels
- strong analytical and problem solving skills
- strong change management skills
- good understanding of services IB businesses typically purchase externally
- decent know-how and experience with financial planning and modelling
How we ll support you
- Training and development to help you excel in your career
- Flexible working to assist you balance your personal priorities
- Coaching and support from experts in your team
- A culture of continuous learning to aid progression
- A range of flexible benefits that you can tailor to suit your need
Employment Type: Full Time, Permanent
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