BANGALORE, IND
2 days ago
Sr. Supplier Governance Specialist
**Introduction** This position calls for a highly skilled professional with a deep understanding of procurement operations, risk management, and supplier relationship dynamics. The ideal candidate will be a strategic thinker with the ability to balance tactical execution with forward-looking initiatives, ensuring robust supplier governance and risk management for our client. **Your role and responsibilities** The Sr. Supplier Governance Specialist will lead supplier governance efforts for an Australian telecommunications client from IBM India. This role involves a comprehensive suite of tasks, including initial supplier risk assessments, due diligence processes, ongoing monitoring, reporting, and support for risk framework updates. The incumbent will act as a strategic partner to the business/contract owners, leveraging their expertise to ensure alignment with Telstra's business rules and risk management strategies. Key Responsibilities: 1. Supplier Risk Assessment Leadership: - Guide business/contract owners in completing the risk assessment questionnaire. - Navigate them through dealing with secondary risk teams. - Report and analyze the outcomes of the questionnaires, identifying trends and potential risks. - Develop and implement risk mitigation strategies based on assessment results. 2. Due Diligence Questionnaire Leadership: - Coordinate the distribution of the due diligence questionnaire. - Validate responses against Telstra’s business rules and requirements. - Trigger and oversee actions based on inputs from Procurement and Specialist Risk Teams. - Track the completion of follow-up activities and provide regular status reports. 3. Ongoing Supplier Due Diligence Management: - Monitor contract and supplier risk alerts, triaging and escalating issues based on business rules. - Ensure the currency of questionnaire responses and supplier information. - Lead the tracking and remediation of identified gaps in questionnaires. - Champion and implement updates or changes to the Risk Framework. - Provide comprehensive risk reporting to stakeholders. 4. Team Leadership and Development: - Mentor and develop junior team members, fostering a culture of continuous improvement. - Collaborate with cross-functional teams to ensure seamless integration of governance activities into broader procurement strategies. - Represent the team in higher-level discussions regarding supplier governance best practices and strategic direction. **Required technical and professional expertise** '- Bachelor's degree in Supply Chain Management, Business Administration, or a related field, coupled with several years of relevant experience. - Demonstrated expertise in supplier governance, risk management, and procurement operations. - Proven leadership skills with a track record of driving process improvements. - Exceptional communication and interpersonal skills, enabling effective collaboration with diverse stakeholders. - Advanced analytical skills, with the ability to translate data insights into strategic actions. - Proficiency in using advanced digital tools and systems for questionnaire management, tracking, reporting, and analysis. - Ability to manage multiple projects, prioritize tasks, and meet tight deadlines. **Preferred technical and professional experience** NA
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