Assistant Manager - Vendor Risk Management And Compliance

About Us

JOB DESCRIPTION

SBI Card is a leading pure-play credit card issuer in India, offering a wide range of credit cards to cater to diverse customer needs. We are constantly innovating to meet the evolving financial needs of our customers, empowering them with digital currency for seamless payment experience and indulge in rewarding benefits. At SBI Card, the motto 'Make Life Simple' inspires every initiative, ensuring that customer convenience is at the forefront of all that we do. We are committed to building an environment where people can thrive and create a better future for everyone.

SBI Card is proud to be an equal opportunity & inclusive employer and welcome employees without any discrimination on the grounds of race, colour, gender, religion, creed, disability, sexual orientation, gender identity, marital status, caste etc. SBI Card is committed to fostering an inclusive and diverse workplace where all employees are treated equally with dignity and respect which makes it a promising place to work.

Join us to shape the future of digital payment in India and unlock your full potential.

What’s In It For YOU

• SBI Card truly lives by the work-life balance philosophy. We offer a robust wellness and wellbeing program to support mental and physical health of our employees
• Admirable work deserves to be rewarded. We have a well-curated bouquet of rewards and recognition program for the employees
• Dynamic, Inclusive and Diverse team culture
• Gender Neutral Policy
• Inclusive Health Benefits for all - Medical Insurance, Personal Accidental, Group Term Life Insurance and Annual Health Checkup, Dental and OPD benefits
• Commitment to the overall development of an employee through a comprehensive learning & development framework
  
  

Role Purpose

The role is responsible for executing Business Continuity Risk Assessment for all vendors and ensuring compliance to internal processes requirement.

Role Accountability

• Execute BCRA (Business Continuity Risk Assessment) of new vendor and for existing vendors at defined frequency
• Support VRM team to perform risk assessment of active vendors and multiple SOW's, addendums of existing vendors which adds up to validated vendor Information sheet submission to VRM team by coordinating, guiding and validating VI sheet and financial documents prepared by business users
• Determine Supplier concentration risk and associated service level risk for unique vendors as well as for new vendors by conducting periodic assessment of vendor base to determine risk rating of a vendor
• Monitor & control on VI & BCP tickets and guide Business Users while answering the BCP Tickets
• Check specific controls on PR site activation/deactivation of vendors basis VRM team request
• Ensure updation of RAN ID in SNAPS/ERP for newly on-boarded vendors & newly signed SOWs
• Carry-out quarterly audit on commercial T&C signed in contract with vendors (Product/Service cost, Payment terms & other T&C)
• Designate SPOC from Sourcing for SNAPS/ERP testing on quarterly basis
• Execute all mandated compliance related activities and prepare monthly reports
• Ensure process documentation and compliance adherence
  
  

Measures of Success

• Timely completion of BCRA
• Timely completion of compliance tasks
• Zero escalations from the VRM team
• Ensure 100% Compliance to internal processes requirement
• Timely and accurate updating of process documentation
• Process Adherence as per MOU
  
  

Technical Skills / Experience / Certifications

Knowledge of industry best practices related to risk assessment frameworks, Audit and Compliance.

Competencies critical to the role

• Analytical ability
• Problem solving
• Verbal and Written Communication
• Stakeholder Management
  
  

Qualification

Graduate; Preferably with Degree/Diploma in Risk Assessment/Compliance and Audit

Preferred Industry

FSI / Any

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