Vendor Management Lead

Paytm
Applicants0
Posted12 days ago

Job Highlights

Experience0 - 6 Yrs
Salary6-11 LPA
LocationSurat
Work ModelOnsite
RoleVendor Management
Openings3
EmploymentFull-Time
EducationB.A

Required Skills

Vendor Relationship ManagementContract NegotiationSLA ManagementRisk ManagementFinancial AcumenProcurementStrategic SourcingCross-functional CollaborationCommunication SkillsProblem-SolvingData AnalysisFinTech Industry KnowledgeProject ManagementMicrosoft Office Suite (Excel, PowerPoint)ERP Systems (e.g., SAP, Oracle)

Job Description

Role Summary:
We are seeking an experienced and strategic Vendor Management Lead to join our dynamic team in India. This role will be responsible for overseeing and optimizing relationships with key vendors across various business functions, ensuring alignment with company objectives, cost-effectiveness, and adherence to service level agreements (SLAs). The ideal candidate will have a strong understanding of the FinTech/Payments landscape and a proven track record in managing complex vendor portfolios.

Key Responsibilities:

* Develop and implement comprehensive vendor management strategies to support business goals.
* Identify, onboard, and manage a diverse portfolio of vendors, including technology providers, service partners, and consultants.
* Negotiate contracts, pricing, and terms with vendors to ensure cost optimization and favorable agreements.
* Monitor vendor performance against established SLAs, KPIs, and quality standards, conducting regular performance reviews.
* Proactively identify and mitigate vendor-related risks, ensuring compliance with regulatory requirements and internal policies.
* Foster strong, collaborative relationships with internal stakeholders and external vendors.
* Drive continuous improvement initiatives within vendor relationships and processes.
* Manage vendor disputes and escalations effectively, seeking timely and satisfactory resolutions.
* Stay abreast of industry trends, best practices, and emerging technologies in vendor management and the FinTech sector.
* Develop and maintain a centralized vendor database and contract management system.

About Paytm

Paytm is India's leading digital payments and financial services company. Founded in 2010 by Vijay Shekhar Sharma, it started as a prepaid mobile recharge platform. Over the years, Paytm has expanded its services to include a wide range of offerings like bill payments, travel bookings, movie tickets, and most importantly, a comprehensive suite of financial services including digital wallets, UPI payments, banking, investments, and insurance. Paytm Payments Bank, a subsidiary, is one of India's largest digital banks. The company plays a pivotal role in India's digital transformation, empowering millions of users and merchants with seamless and secure financial transactions.

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