Job Description

: OverviewThe Sourcing and Vendor Manager is primarily responsible for managing indirect (non-IT) and some IT sourcing requirements of India hub. This role requires high level of vendor management at India level including the commercial oversight on the operating relationship between Link Group and nominated vendors to ensure commitments are met within agreed time, scope and budget. Additionally, that evolving business needs are met via effective, low risk vendor arrangements.Key Accountabilities and main responsibilitiesStrategic Focus

• Sound understanding of strategic sourcing tactics, Excellent vendor management.
• Identifying, communicating and influencing the delivery of optimisation such as cost savings and service enhancement informed by your understanding of the vendor ecosphere relative to business\' problem statements, operating models and sourcing initiatives.

Operational Management

• Act as the Primary contact for contract issues in the relationship between the external service providers and Link Group. Oversee the update the terms and conditions for the contracts.
• Researches and Builds relations with the new vendors upon a though verification
• Builds a strong sourcing strategy
• Ensure Link Group develops strong relationships with external providers to maintain effective service delivery and a seamless service for our clients.
• Conduct regular reviews of contracted suppliers judging performance to predetermined standards. Analyse the delivery of contract outcome against agreed SLA\'s and other performance criteria.
• Collating reports from nominated vendors, to report on their progress to Link Group
• Ensure appropriate nominated vendor management and measurement information is recorded and reported as required.
• Develop and maintain relationships between BU stakeholders to gain an understanding of where improvement can be made with existing contracts.
• Periodically review current key contracts and supplier relationships.
• Coach/mentor business unit contract holders in the event of new procurement, or an existing relationship experiencing problems.
• Implementing and maintaining a best sourcing practices for India hub.
• The above list of key accountabilities is not an exhaustive list and may changed from time to time based on business needs.

People Leadership

• Providing oversight on the operating relationship between Link Group and vendor
• Ensure Link Group develop strong relationship with external service providers
• Keep a track of all the progress efficiently.

Governance & Risk

• Guide business units and other key stakeholders in the strategic governance of vendors.
• Solve issues and risks with existing contracts, if any.

Experience & Personal Attributes

• 10+ years experience in strategic sourcing, heavy on Indirect (non-IT sourcing) managing vendors in large scale corporate environment would be highly desirable.
• Advance negotiation, oral and written communication and influencing skills to facilitate and achieve favourable outcomes from competing stakeholders.
• Consultative style and approach.
• Understanding of benchmarking and improvement opportunities.
• Strategic thinker.
• Financial acumen
• Strong leadership skills.
• Extensive understanding of procurement practices, tendering processes and contract negotiations.
• Demonstrated understanding of the implications of different procurement choices.
• Excellent commercial acumen.

About Us:MUFG Pension & Market Services is a global, digitally enabled business connecting millions of people with their assets - safely, securely and responsibly.Through our two businesses MUFG Retirement Solutions and MUFG Corporate Markets, we partner with a diversified portfolio of global clients to provide robust, efficient and scalable services, purpose-built solutions and modern technology platforms that deliver world class outcomes and experiences.A member of MUFG, a global financial group, we help manage regulatory complexity, improve data management and connect people with their assets, through exceptional user experience that leverages the expertise of our people combined with scalable technology, digital connectivity and data insights.About the Team:Our hub in Mumbai and Pune has people working from state-of-the-art premises and plays a strategic role by providing operations processing and technology services and support, for MUFG Pension & Market Services businesses across the globe. We are rapidly growing our Mumbai team to build greater capability within the organisation, and provide specialised local services supported by the strength and scale of MUFG Pension & Market Services\' global operations and knowledge base.MUFG Pension & Market Services is building a dynamic, client focused, caring and inclusive culture that is built on the foundations of an entrepreneurial spirit, effective risk management, empathy and trust, and underpinned by its core values.We are an inclusive employer whose people work collaboratively. We encourage, support and value the various talents and perspectives of our people and promote a flexible and blended work environment where our people can thrive and their wellbeing is supported. We know that diversity drives better client outcomes, continuous improvement, and growth. Be part of the MUFG Pension & Market Services journey and together we will achieve our full potential.We treat all individuals fairly and equitably and do not discriminate on the basis of diverse characteristics including, but not limited to gender, gender identity, sexual orientation, age, ethnicity, cultural background, physical abilities/disabilities, religious or political belief, marital or family status or carers responsibilities.Candidates must have the relevant work rights to be considered for an opportunity at MUFG Pension & Market Services. Successful applicants will be required to complete background screening prior to commencement of employment.

Link Group