Consultant, Vendor Management

Overview

Consultant role within Northern Trust's Vendor Management team, responsible for ongoing monitoring of HR vendors in an assigned HR/Workplace Services area to ensure compliance with the NT Third Party Risk Management (TPRM) program.

What you'll do

• Perform ongoing monitoring activities for HR vendors in an assigned HR/Workplace Services area to ensure compliance with the NT TPRM program.
• Facilitate meetings with assigned vendor managers on all aspects of the TPRM program and consult on required templates and documents.
• Coordinate with cross-functional teams including Procurement, Risk, and IT to provide guidance to vendor managers on applicable requirements.
• Track, follow up on, and monitor timely completion of required TPRM documents by BU vendor managers.
• Conduct periodic training sessions for assigned BU vendor managers on requirements and changes to the NT TPRM program.
• Perform Quality Control/Audits (QC/A) and activities required for review and approval internally or by the TPRM program.
• Assist with resolving regional escalated issues and monitor timely resolution by BU vendor managers.
• Report to BU Senior Management and other NT internal groups on the status, issues and risks of the program for the assigned region.
• Solve problems in straightforward situations, analyzing possible solutions using technical experience, judgment and precedents.
• Impact the quality of own work and the work of others on the team, working within guidelines and policies.

What you'll need

• Strong organizational and project management skills.
• Strong analytical skills with the ability to generate complex reports on a regular and ad hoc basis.
• Excellent verbal and written communication skills with well-developed interpersonal skills.
• Highly flexible and adaptable to change in a high-demand environment.
• Proficiency in Microsoft Word, Excel, PowerPoint and data analytic tools including PowerBI.
• Expanded conceptual knowledge in own job discipline.
• Understanding of key business drivers, used to accomplish own work.
• Ability to explain complex information to others in straightforward situations.
• A College/University degree in Supply Chain, Finance or Risk management and/or other appropriate academic major, or the equivalent 3-5 years of third-party management, procurement operations, or risk management experience.
• Provide informal guidance to new team members.

Nice to have

• Experience with HR/Shared Services vendors in the financial services industry.

Details

• Location: Bangalore, India.