GSS-Regional Sourcing
Nomura · Mumbai
Role & Responsibilities:
Vendor Financial Health Assessment (80%)
- Vendor Financial Health Assessment Lead is part of the Group Sourcing CoE team that comes under wider Group Sourcing function.
- Vendor Financial Health Assessment is a vital component of the Third-Party Risk Management (TPRM) program used to measure a supplier's stability and prevent business disruptions.
- There is a separate TPRM team which runs the overall program & Group Sourcing CoE team leads the Vendor Financial Health Assessment related activities within it.
- Vendor Financial Health Assessment Lead is responsible to own the process, manage daily operations & related global service delivery across multiple regions.
- Conduct detailed reviews of credit rating reports from Dun & Bradstreet (DNB) and document data sources.
- Ensure Vendor financial health check process aligns with regulatory framework and internal risk policies.
- Prepare clear, structured and concise report summarizing financial health check findings.
- Communicate findings effectively to business stakeholders, TPRM team & senior management.
- Partner with Credit Risk Management (CRM) team for financial documents review & risk ratings.
- Enhance methodologies for vendor financial health checks and integrate automation where possible.
Sourcing Operations (20%)
- Make an ongoing & tangible contribution towards improving operational efficiency, developing new ways of working & striving for excellence with everything that we do within Group Sourcing function.
- Support the Global Sourcing CoE Lead in developing and delivering initiatives that are critical to the Group Sourcing function’s daily activities related to data, systems, analytics, reporting and performance improvements.
- Regular data analysis and report creation, e.g. weekly, fortnightly, monthly.
- Oversight and management of data quality in various Sourcing systems.
- Liaise with stakeholders for various data / information.
- Acquire data from primary or secondary data sources and maintain databases.
- Manage and administer robust reporting frameworks and dashboards to enhance sourcing visibility and drive business intelligence across the organization.
- Any other related work assigned by the Group Sourcing CoE Lead, including but not limited to preparing PowerPoint presentation for Senior Management, analyzing data, spend evaluation, etc.
Skills, Experience, Qualifications and Knowledge Required:
- The ideal candidate is a forward-thinking leader with a deep understanding of Third-Party Risk Management (TPRM), Vendor Financial Health Assessment, Sourcing & Procurement.
- Masters / Bachelor’s degree in Business Administration, Operations, Supply Chain, Technology or related field. Professional qualification in TPRM, Compliance or Risk Management is ideally preferred.
- 5 to 9 years of progressive experience in TPRM/Global Sourcing/Procurement function ideally in a GCC/CoE setup.
- Individual contributor role, Self-starter who can lead the process independently with minimal supervision from the Manager.
- Experience in global BFSI sector may be an advantage but is not essential.
- Ability to motivate, organize and influence team members indirectly
- Exposure towards Sourcing & Procurement related technology platforms like SAP Ariba, Power BI, etc.
- Strong analytical skills, including the ability to analyze large datasets, identify trends, and derive actionable insights
- Strong understanding of KPI frameworks, performance measurement and reporting governance.
- Ability to prepare accurate reports for all levels of staff in a language and tone appropriate to the audience.
- Ability to translate complex operational processes into clear, automated analytics solutions.
- Exceptional leadership, communication, and stakeholder management skills.
- Ability to operate strategically while driving operational execution.
- Thoughtful and active listener, able to think quickly and effectively articulate points of view.
- Ability to influence others with a collaborative, inclusive and engaging style with a practical approach to delivering successful, collaborative outcomes to support evolving business needs.
- Ability to manage multiple priorities while ensuring deliverables are fully met on time.
- Cross-regional & cross-functional team experience is an advantage.