Global Banking & Markets- Vendor Management- Associate- Bengaluru

• *Global Markets Division** enables our clients to buy and sell financial products, raise funding and manage risk. We make markets and facilitate client transactions in fixed income, equity, currency and commodity products. In addition, we make markets in and clear client transactions on major stock, options and futures exchanges worldwide. Through our global sales force, we maintain relationships with our clients, receiving orders and distributing investment research, trading ideas, market information and analysis.

**Role Overview**

The Vendor Management Associate supports the end\-to\-end vendor lifecycle, including onboarding, contracting, performance monitoring, and risk management. The Associate partners with internal stakeholders and senior vendor managers to drive effective vendor oversight, reporting, and control execution.

• *Key Responsibilities:**

• **Contract Management***

• Oversee the entire contract lifecycle for Information Technology vendors (software, hardware, and IT professional services), including drafting, review, negotiation, execution, and renewal of vendor agreements.
• Ensure all contracts align with organizational policies, legal requirements, and business objectives.
• Monitor contract compliance, terms, and conditions, identifying and addressing any deviations or breaches.
• Maintain a centralized repository of vendor contracts and related documentation.
• Forecast and track vendor budgets and payments

• **Vendor \& Stakeholder Coordination***

• Support vendor relationship management activities in partnership with senior team members
• Participate in vendor interactions and help coordinate communication between vendors and internal stakeholders
• Assist in preparation and execution of vendor review meetings, including gathering inputs and tracking follow\-ups
• Help drive issue resolution by coordinating across vendors and internal teams

• **Vendor Risk Management***

• Identify, assess, and mitigate potential business risks associated with vendor relationships, including operational, financial, security, data privacy, compliance, and reputational risks.
• Develop and implement vendor risk assessment frameworks and due diligence processes.
• Ensure vendors adhere to the organization's security policies, regulatory requirements, and ethical standards.
• Develop contingency plans and exit strategies for critical vendor services.

• **Performance Monitoring \& Reporting***

• Track and report on vendor KPIs, SLAs, and performance metrics
• Forecast and track vendor budgets and payments
• Analyze vendor performance data to highlight trends, issues, and improvement opportunities
• Prepare reports, dashboards, and materials for internal stakeholders and senior management

• *Required Qualification \& Experience:**

• Bachelor’s degree in Business Administration, Supply Chain, Information Technology, Finance, or related field
• Typically 6–8 years of experience in vendor management, procurement, contract management, or third\-party risk management
• Foundational understanding of vendor lifecycle management and third\-party risk concepts
• Exposure to technology vendors and IT service delivery models preferred

• *ABOUT GOLDMAN SACHS**

At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.

We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. about our culture, benefits, and people at GS.com/careers.

We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. : https://www.goldmansachs.com/careers/footer/disability\-statement.html

© The Goldman Sachs Group, Inc., 2023\. All rights reserved.

Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.

• *We Offer Best\-In\-Class Benefits**

Healthcare \& Medical Insurance

We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short\-term disability, long\-term disability, life, accidental death, labor accident and business travel accident insurance.

Holiday \& Vacation Policies

We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

Financial Wellness \& Retirement

We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees’ priorities.

Health Services

We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state\-of\-the\-art on\-site health centers in certain offices.

Fitness

To encourage employees to live a healthy and active lifestyle, some of our offices feature on\-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre\-approved amount).

Child Care \& Family Care

We offer on\-site child care centers that provide full\-time and emergency back\-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.

Benefits at Goldman Sachs

Read more about the full suite of class\-leading benefits our firm has to offer.

Opportunity Overview

CORPORATE TITLE

Associate

OFFICE LOCATION(S)

Bengaluru

JOB FUNCTION

Project Management

DIVISION

Global Banking \& Markets