IBM Hiring for Vendor Risk Management Specialist at BANGALORE, India Full Time

Introduction

At IBM, work is more than a job – it’s a calling: To build. To design. To code. To consult. To think along with clients and sell. To make markets. To invent. To collaborate. Not just to do something better, but to attempt things you’ve never thought possible. Are you ready to lead in this new era of technology and solve some of the world’s most challenging problems? If so, lets talk.

Your role and responsibilities

IBM’s procurement function oversees $17B in annual spend for IBM and nearly $100B in spend for our BPO clients through our procurement BPO delivery team and seeks to continually drive savings and increased value. IBM procurement provides IBM and our clients with end to end S2P services including spend analytics, category strategy, strategic sourcing across multiple categories, tactical buying and procurement operations, all governed by robust and adaptable processes and procedures.

IBM is currently undergoing a procurement transformation that will transform internal procurement, making it an exemplar of digital procurement featuring IBM’s automation and AI capabilities and leverage this Client Zero environment as the catalyst to bring these capabilities to our procurement BPO clients.

The Vendor Risk Management Specialist (VRMS) role, synonymous with third party risk management, is instrumental in IBM’s global procurement transformation, dedicated to improving visibility and oversight of vendor risks. Reporting to the Global Head of Vendor Risk Management, this position ensures full compliance with global regulations and industry standards while enhancing supplier resilience, cybersecurity, and operational efficiency. The role leverages data-driven insights, AI-based tools, and automation to mitigate risks, streamline processes, and promote sustainable and ethical supply chain practices.

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Risk Assessment and Monitoring

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Analyze vendor risks, including financial, operational, geopolitical, cybersecurity, and ESG factors.

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Monitor and report risk trends, prioritizing high-risk suppliers and emerging areas of concern.

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Regulatory Compliance and Audit Management

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Ensure adherence to global regulations, ethical labor practices, responsible sourcing, and sustainability goals.

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Conduct and consolidate audits to streamline reporting and reduce supplier burden.

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Provide actionable recommendations to address audit findings and ensure compliance.

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Business Continuity and Supplier Resilience

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Develop and maintain business continuity plans to mitigate risks and ensure operational continuity.

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Identify and manage critical supplier risks, including single-source dependencies and supply chain disruptions.

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Enhance supplier resilience through end-to-end visibility and performance tracking.

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Data Mapping and AI Integration

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Collaborate with cross-functional teams to map supplier data across closed and open-source systems.

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Develop AI-driven workflows to automate data mapping, integration, and risk analysis.

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Dashboard Development and Visualization

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Design and maintain dashboards to track key metrics, including compliance, cybersecurity, ESG, supplier dependency, and operational risks.

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Deliver actionable insights through dashboards to support data-driven decision-making.

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Process Improvement and Automation

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Identify opportunities to optimize vendor risk processes using no-code/low-code platforms.

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Automate workflows for supplier monitoring, risk scoring, reporting, and compliance operations.

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Collaboration and Communication

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Partner with procurement, legal, compliance, and audit teams to align on regulatory compliance and risk management goals.

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Provide leadership with regular updates, insights, and recommendations based on data analysis and trends.

Required technical and professional expertise

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Bachelor’s degree in Business, Finance, Supply Chain Management, Information Security, Risk Management, or a related field.

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2+ years of experience in vendor risk management, regulatory compliance, or supply chain risk mitigation.

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Familiarity with global regulatory frameworks (e.g., GDPR, ESG, RBA).

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Strong analytical and problem-solving skills for data integration, risk analysis, and visualization.

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Excellent organizational and communication skills for global collaboration.

Preferred technical and professional experience

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Proficiency in no-code/low-code tools and AI-based platforms.

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Experience designing dashboards and automating workflows for compliance and risk management.

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Knowledge of AI tools and automation in data mapping and risk assessment.

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Demonstrated ability to work collaboratively in cross-functional, global environments.