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Vendor Manager

Peoplemint Consultants

5 - 10 years

Kolkata

Posted: 08/01/2026

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Job Description

Hiring for " IT Vendor Management" in a Bank .


Location-Kolkata



About the Role

Manage four stages of vendor management i) Segmentation, ii) Collaboration, iii) Implementation & iv) Evaluation. To ensure that all service level agreements (SLAs) for Information Technology (IT) services across the organization are delivered according to specifications.



Responsibilities

  • Interacting with vendors concerning any concerns
  • Build and maintain good relationships with already approved old and new vendors.
  • Communicating with the vendors and performing the quality check and improvements
  • Interacting with new vendors to explain the expectations and responsibilities
  • Developing, managing, and administering service management best practices.
  • Monitoring SLA performance for compliance with organizational needs and requirements.
  • Facilitating communication between the IT department and its clients in order to define and maintain the SLAs required for each business unit.
  • IT Vendor Outsourcing management as per RBI Master Direction
  • Maintenance of Contract Management, Agreement renewals and renewals of Contracts and Orders
  • Maintaining compliance with regulatory guidelines and assisting in closure of all non-compliant points on IT from internal and external Auditors related to IT Outsourcing Services.
  • Preparation of the due diligence check list for the IT Outsourced Services and updating the IT Vendor List and IT Outsourced Services List.
  • Conducting periodic Performance review of the Service Providers for the IT Outsourced Services.
  • Manage audits and also forefront RBI regulatory points
  • Maintaining the Escrow Mechanism for Critical Applications.


Qualifications

  • Bachelor's degree in supply chain management business administration, or a related field.
  • Proven experience working as a vendor manager.
  • The ability to multitask effectively.

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