Manager IT Vendor Management
CME Group
5 - 10 years
Bengaluru
Posted: 05/02/2025
Job Description
The Manager is an individual contributor role responsible for managing vendor relationships. This role will act as a liaison between our vendors and the organization, requiring communication, negotiation, and problem-solving skills.
Principal Accountabilities:
· Establish relationships with vendors and consultants to ensure quality services
· Monitor vendor and consultant performance and ensure adherence to contract terms and conditions
· Manage the onboarding and contract execution process for consultants.
· Utilize vendor management system (VMS) technology to ensure ease of tracking and meeting goals
· Monitor vendor accounts, billing and payments, ensuring revenues and expenses are accurately tracked
· Optimize consultant rates based on data and market analysis
· Monitor and report on international INR contract negotiation and execution with vendors
· Optimize operational processes to ensure optimal efficiency in vendor management.
· Provide training and guidance to internal stakeholders as needed.
CME Group : Where Futures are Made
CME Group is the world’s leading and most diverse derivatives marketplace. But who we are goes deeper than that. Here, you can impact markets worldwide. Transform industries. And build a career by shaping tomorrow. We invest in your success and you own it – all while working alongside a team of leading experts who inspire you in ways big and small. Problem solvers, difference makers, trailblazers. Those are our people. And we’re looking for more.
At CME Group, we embrace our employees' diverse experiences, cultures and skills, and work to ensure that everyone’s perspectives are acknowledged and valued. As an equal opportunity employer, we recognize the importance of a diverse and inclusive workplace and consider all potential employees without regard to any protected characteristic.
Important Notice: Recruitment fraud is on the rise, with scammers using misleading promises of job offers and interviews to solicit money and personal information from job seekers. CME Group adheres to established procedures designed to maintain trust, confidence and security throughout our recruitment process. Learn more here.
About Company
As the world’s leading derivatives marketplace, CME Group is where the world comes to manage risk. We enable clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes foreign exchange energy agricultural products and metals. We meet uncertainty and volatility with confidence and clarity, across the trading lifecycle and around the world.
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