Senior Manager Vendor Governance-28087 (Hyderabad)

About CIBC India CIBC India is a technology and operations hub in Hyderabad, where youll be part of our highly engaged and global team, and play a central role in supporting our growth. Whether youre driving innovation in digital banking or streamlining client onboarding, youll be part of a culture recognized for excellence and investment in people. At CIBC India, people and progress are at the center of what we do: youll develop skills, collaborate with industry leaders, and see your ideas realized in a culture that values progress and belonging. We provide cutting-edge resources, ongoing learning, and a supportive environment where people come first. If youre ready to create meaningful change and build your future, CIBC India is where your ambition meets opportunity. What Youll Be Doing (position summary): The Hardware/Software & Network Vendor Governance team, you'll work on a team responsible for vendor governance across multiple LOBs in the Technology Operations organization. As a Senior Manager, you'll support CIBCs operations in India for vendor governance, procurement, expense management, and third-party risk of key hardware/software and telecom suppliers, and upload and influence relationships with internal stakeholders and vendors and assist in decision making using data and analytics. At CIBC we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (proportion of on-site and remote work) will be discussed at the time of your interview. At CIBC India we enable the work environment most optimal for you to thrive in your role. Details on your work arrangement (including on-site and remote work) will be discussed at the time of your interview. How Youll Succeed (responsibilities): Leadership & Relationship Management. You are a strong leader who empowers employees to excel; you bring out the best in people by supporting and mentoring your team through knowledge sharing, collaboration, and effective problem solving. You will need to build healthy working relationships and partnerships with your key clients, vendors, and peers and to contribute to the overall goals of HW/SW & Network Vendor Governance and as a member of the management team. Procurement. Create and drive strategies with internal business partners and external suppliers to ensure appropriate procurement of hardware/software assets and telecom network services, looking for efficiencies, cost savings opportunities, and business alignment, while conforming to the Bank's compliance standards and risk tolerances. Validate expenses and manage inventory to ensure accuracy and completeness, performing follow-ups with stakeholders and suppliers as required. Familiarity with spend management platforms such as Coupa would be an asset. Contract Management. Support the intake and third party risk assessment process and participate in the contract negotiation, execution, and compliance process. Act as a single point of contact for technology contract requests. Vendor Governance. Support CIBCs third party ongoing monitoring program by working with our vendors to manage contractual obligations, establish and participate in periodic vendor governance meetings, and support vendor governance and performance scorecard activities. Spend Management. Validate and report on expenses and support the forecasting and planning process. Analytical & Tech Savvy. You can effectively articulate issues / recommendations via your analyses. You are skillful using Microsofts suite of products. CROSS-FUNCTIONAL RELATIONSHIPS: Collaborates with eternal vendors, finance department and other internal stakeholders. COMPLIANCE REQUIREMENTS/RESPONSIBILITIES As an employee of CIBC, the incumbent must comply with all applicable CIBC and Line of Business policies, standards, guidelines and controls. AUTHORITIES/DECISION RIGHTS: As a key contributor to the business unit, this job has the authority to recommend changes to business processes in order to enhance operational efficiency and effectiveness. JOB DIMENSIONS: As a key contributor to the business unit, this job has the authority to recommend changes to business processes in order to enhance operational efficiency and effectiveness. As a manager of people, this job has the authority to assign tasks to employees within their span of control, select individuals for hire, assess individual performance, make employee compensation decisions and take disciplinary measures up to and including termination. Who You Are (skills/qualifications) Must Have Skills Problem Solving: Knowledge of approaches, tools, and techniques for recognizing, anticipating, and resolving organizational, operational, or process problems. Experience in Relationship Management: Ability to establish and build healthy working relations and partnerships with clients, vendors, and peers. Critical Thinking: Ability to notice details others may miss, informing sound decision .