Job Title:  ET&P-SCNO-DM- Risk Management Support -Bangalore

ET&P-SCNO-DM- Risk Management Support -Bangalore

The team

Enterprise technology must do much more than keep the wheels turning; it is the engine that drives functional excellence and the enabler of innovation and long-term growth. Learn more about ET&P

Your work profile

• Risk Identification
• Perform supplier risk screening during onboarding and sourcing events
• Conduct category and supplier risk profiling based on criticality, spend, and geography
• Track geo-political risks and macroeconomic indicators impacting supplier base
• Leverage external data sources and tools for risk intelligence gathering
• Risk Assessment
• Conduct financial risk analysis using supplier financial statements and risk scores
• Perform ESG risk assessments aligned with sustainability and regulatory requirements
• Evaluate operational risks, including supply continuity, capacity, and dependency risks
• Support risk scoring models and classification of suppliers into risk tiers
• Risk Monitoring
• Drive continuous risk tracking for critical and high-risk suppliers
• Monitor alerts, triggers, and early warning signals from risk platforms
• Track and manage supplier risk incidents, ensuring timely identification and response
• Maintain risk dashboards and reporting cadence for stakeholders
• Risk Mitigation
• Identify and support alternate supplier strategies to reduce concentration risk
• Develop and track risk mitigation and contingency plans for high-risk suppliers
• Drive mitigation action tracking and closure within deadlines
• Manage risk escalation processes and governance forums for critical issues
• Governance, Compliance & Reporting
• Ensure adherence to global procurement policies, Industry compliance standards, and regulatory requirements
• Maintain audit-ready documentation for all supplier risk activities
• Identify and flag risk exposure, compliance gaps, and process deviations
• Develop and publish risk dashboards and KPI reports (coverage, cycle time, incident response, etc.)
• Enable leadership decision-making through risk insights and trend analysis
• Digital Enablement & Continuous Improvement
• Leverage supplier risk management tools and automation platforms
• Support implementation of standardized risk workflows and integrated systems
• Drive process optimization and continuous improvement initiatives
• Identify opportunities to improve risk assessment cycle time, coverage, and data accuracy

• Establish a centralized supplier risk management framework across BUs aligned to enterprise / industry standards
• Embed risk evaluation checkpoints across the supplier lifecycle (onboarding, performance, renewal, exit)
• Enable proactive risk identification, assessment, and mitigation across supplier base
• Drive risk visibility and governance, including escalation, reporting, and compliance
• Develop a performance management framework for supplier risk, including KPIs/SLAs
• Enable leadership with data-driven insights on supplier risk exposure, trends, and mitigation effectiveness

Key skills required

• Qualification- Any Graduation
• Experience-7–10 years of relevant experience in supplier risk management, procurement risk, or third-party risk management
• Strong exposure to global procurement environments (MedTech, Pharma, FMCG/CPG)
• Proven experience in supplier risk lifecycle processes (risk identification, assessment, monitoring, mitigation)
• Experience working within CoE/shared services operating models across multiple geos
• Familiarity with risk frameworks, compliance requirements, and governance models
• Key Stakeholders:
• BU procurement teams / Category Teams
• Risk, Legal, Finance, and Compliance/Regulatory teams
• Supplier relationship managers
• Business stakeholders involved in Risk reviews / External auditors
• Bachelor’s degree (B. Com / BBA / BMS/ B. Tech or equivalent)
• MBA / master’s degree (preferred)
• Certifications (preferred): CIPS, CPSM, CRISC, FRM, or equivalent risk certifications
• ERP systems: SAP, Oracle
• Risk platforms: Supplier risk tools (e.g. Aravo, ProcessUnity, etc.)
• Analytics tools: Excel, Power BI, Tableau
• Familiarity with ESG data platforms, third-party risk databases, and AI-driven risk tools