Job Description

Job Title

Vendor Management and Procurement Analyst

Job Description

Who are we?

IG is a FTSE 100 fintech operating across five continents, serving over 1.3m customers and handling billions of dollars in transactions – built on scale, trust, and proof. We didnt pivot to innovation; its how weve always operated. What that means for the people who work here is real: genuinely complex problems to solve, the technology and resources to tackle them properly, and the kind of scope thats rare in established businesses. The bar is high – bring a curious and forward-thinking mindset and well give you the platform to define what comes next. Join us at IG – the future gets built here.

Join the game-changers!

The Vendor Management & Procurement Analyst is a critical operational leadership position within our vendor management function. Youll oversee vendor onboarding processes, manage team members responsible for daily operational execution, and ensure vendor oversight aligns with our Third-Party Risk Management (TPRM) framework and regulatory requirements.

You’ll be directly handling complex or sensitive vendor situations. This role is ideal for a detail-oriented professional with proven vendor management experience.

What Youll Do

Team & Process Oversight:

  • Oversee the VM Inbox and monitor team member responses for both timeliness and quality
  • Manage team member(s) responsible for executing routine vendor onboarding processes
  • Ensure consistent oversight of vendor processes within the TPRM tool, maintaining process integrity

Quality Assurance & Audit

  • Audit and verify accuracy of vendor processes, confirming correct BIR and spend category assignments
  • Ensure vendor processes maintain compliance with organizational standards and procedures
  • Respond to internal and external audit queries on vendor management topics
  • Support RCSA reviews and contribute to improving vendor management controls

Due Diligence & Vendor Management

  • Manage ongoing due diligence for critical vendors and outsourced arrangements
  • Complete vendor onboarding for complex, critical, or sensitive requirements (as team cover and for specialist cases)
  • Track vendor progress through onboarding and due diligence processes
  • Monitor and track remediations resulting from vendor due diligence assessments
  • Support management of vendor lifecycle from initiation through continuous oversight

Reporting & Analytics

  • Work with VM&P analysts to provide reporting to business stakeholders on:
    • Outsourcing registers
    • Vendor management process compliance
    • Vendor management KPIs and SLAs
  • Prepare management information for the Vendor Management Committee
  • Develop dashboards and tracking reports for senior stakeholders
  • Analyze vendor data to identify trends, risks, and improvement opportunities
Documentation & Procedure

  • Review and improve vendor onboarding and due diligence procedures in Aravo
  • Maintain and update vendor management documentation and process manuals
  • Ensure procedures reflect current regulatory requirements and organizational learnings

Stakeholder Engagement

  • Build relationships across the business to understand regulatory, legal, and risk requirements related to TPRM
  • Communicate with stakeholders regarding vendor status, remediation progress, and compliance matters
  • Provide clear guidance on vendor processes and requirements
  • Support training and knowledge-sharing initiatives

Contract & Risk

  • Review contracts and legal agreements for low-risk/value spend items
  • Support contract administration and ensure compliance with terms
  • Identify emerging vendor risks and escalate appropriately

Who were are looking for?

Essential Experience

  • Happy to commit to shift pattern that covers UK office hours
  • 5-8 years proven experience in vendor management and/or procurement in a Financial Services regulated environment
  • Demonstrated experience in auditing and ensuring compliance with vendor processes
  • Familiarity with due diligence processes for critical vendors and outsourced arrangements
  • Strong stakeholder management experience across multiple functions
  • Proficiency with vendor management systems (familiarity with Aravo is advantageous)
  • Expert-level Excel skills for data analysis, reporting, and process management

Core Competencies

  • Strong analytical capability for tracking KPIs, SLAs, and vendor performance
  • Ability to review and understand contracts and legal agreements
  • Excellent written and verbal communication skills
  • Exceptional organizational skills managing multiple priorities and deadlines
  • Detail-oriented approach with focus on accuracy and compliance
  • Problem-solving orientation with ability to troubleshoot issues
  • Relationship-building capability across diverse teams

Desirable Qualifications

  • Understanding of Third-Party Risk Management (TPRM) frameworks and regulatory requirements
  • Familiarity with outsourcing registers and compliance registers
  • Knowledge of financial services regulatory requirements
  • Team management or supervisory experience
  • Professional certifications (CPA, CIA, CISA) are a plus
  • Background in risk management or internal controls

Personal Attributes

  • Curious, creative thinker with innovative problem-solving approach
  • Confident and proactive—you identify solutions rather than barriers
  • Collaborative team player who builds strong cross-functional relationships
  • Detail-oriented with exceptional accuracy standards
  • Resilient and composed under pressure
  • Committed to continuous learning and improvement

How We Work

We try to take a thoughtful approach to our ways of working as a company. We follow a hybrid working model with 3 days in the office -- which we think balances the need to collaborate effectively and connect with each other. When it comes to how we deliver, there are 5 things we want everyone to do to drive high performance, better learning and career satisfaction:

  • Lead and Inspire: Drives trust, alignment, and enthusiasm
  • Think Big: Focus on the problems that most impact commercial outcomes
  • Champion the client: Understand and prioritise clients needs
  • Deliver at pace: Push for fast, sustainable growth;
  • Raise the bar: Take ownership, be accountable and share feedback

We believe that diversity is vital to success, it fuels creativity, drives innovation and sets us up for global success. Were committed to building teams with a variety of perspectives and skills to help us realise our vision and strategy, thats why we encourage applications from people with diverse backgrounds and experiences to join us on this journey. Learn more about our D&I approach here.

The Perks

Your growth fuels our success! Thrive with tailored development programs, mentoring opportunities with leaders, and clear career progression. Expand your network through committees, sports and social clubs. Enjoy extra time off for volunteering and community work.

  • Competitive salary & benefits plan
  • 1 additional day off to celebrate your Birthday
  • 2 additional days off a year for voluntary work
  • Share Plans for Employees
  • Comprehensive global and local onboarding process – to the company and to your role
  • Option to participate and create ESG initiatives based on IG Brighter Future Fund
  • Employee Assistance Program
  • Free lunch/snacks
  • Hybrid working model

Learn more about the Perks here!

Number of openings

Multiple


Job Details

Role Level: Not Applicable Work Type: Full-Time
Country: India City: Bengaluru ,Karnataka
Company Website: http://www.iggroup.com Job Function: Procurement & Vendor Management
Company Industry/
Sector:
Financial Services

What We Offer


About the Company

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