Senior Vendor Management Analyst

About Our Company Ameriprise India LLP has been providing client based financial solutions to help clients plan and achieve their financial objectives for 20 years. We are part of Ameriprise Financial Inc., a US financial planning company headquartered in Minneapolis with a global presence and diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of year-end 2024. The firm’s focus areas include Asset Management and Advice, Retirement Planning and Insurance Protection. Be part of an inclusive, collaborative culture that rewards you for your contributions, and work with other talented individuals who share your passion for doing great work. You’ll also have plenty of opportunities to make your mark at the office and a difference in your community. So, if you're talented, driven and want to work for a strong, ethical company that cares, take the next step and create a career at Ameriprise India LLP. Job Description This is a CTI Vendor management role covering annual spend on data vendor and research services from across Market Data Vendors. The analyst is responsible for invoice coding in ARIBA & ensuring costs are controlled, service quality expectations are met, data license usage constraints are understood and adhered to, vendor risk is managed, and procurement and change request processes are followed. Key Responsibilities Major areas of accountability: Process invoices, reconcile invoices against the inventory, determine cost centre allocations, investigate and resolve discrepancies, and process through to approval Manage and update an inventory of Market Data services and associated costs Ensure end user access is recertified periodically, recorded as complete, and the inventory updated Check for Market Data access when notified of a leaver, engage with vendors to remove/transfer access before the individual’s departure date Own and manage all aspects of vanilla contract renewals including engaging business users, vendors, internal support teams where appropriate, whilst ensuring all internal systems and records are updated accurately and in a timely fashion Handle any service requests from client base and investigate across a variety of resources to identify answer or appropriate response Collaborate with team on audits, installations, and removal of services Partner with team on system improvements, process enhancements, and ad-hoc projects as requested Partner with Procurements, Stakeholders on team on system improvements, process enhancements, and ad-hoc projects as requested Support, identify and deliver cost savings and cost avoidance opportunities through vendor renewal and license optimization. Support vanilla contract renewals, engage with internal business users and vendors, ensuring corporate policies and procedures are adhered to and all information repositories are correctly updated Required Qualifications