IT Vendor Management Job in Bengaluru at CME Group

CME Group is hiring for the role of IT Vendor Management!

About the Company:

CME Group is the world’s leading and most diverse derivatives marketplace. But who we are goes deeper than that. Here, you can impact markets worldwide. Transform industries. And build a career by shaping tomorrow. We invest in your success and you own it – all while working alongside a team of leading experts who inspire you in ways big and small. Problem solvers, difference makers, trailblazers. Those are our people. And we’re looking for more.

Responsibilities of the Candidate:

• Establish relationships with vendors and consultants to ensure quality services
• Monitor vendor and consultant performance and ensure adherence to contract terms and conditions
• Manage the onboarding and contract execution process for consultants.
• Utilize vendor management system (VMS) technology to ensure ease of tracking and meeting goals
• Monitor vendor accounts, billing, and payments, ensuring revenues and expenses are accurately tracked
• Optimize consultant rates based on data and market analysis
• Monitor and report on international INR contract negotiation and execution with vendors
• Optimize operational processes to ensure optimal efficiency in vendor management.
• Provide training and guidance to internal stakeholders as needed.