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A Vendor Management & Budget Control Specialist within the Customer Service department based in Airoli , you will be responsible for managing external suppliers and service providers while ensuring financial discipline across multiple service units, including the CDC, GRD, Email Teams, and Loan Centres . This role involves overseeing the entire vendor lifecycle and business budget control processes—ranging from supplier selection and performance monitoring to relationship management, cost optimization, expense tracking, and internal financial reporting.
Vendor Management :
Identify, evaluate, and onboard vendors in alignment with business needs.
Negotiate contracts, pricing, and service level agreements (SLAs).
Monitor vendor performance and ensure adherence to quality and compliance standards.
Maintain strong vendor relationships and act as the primary point of contact.
Conduct regular vendor audits and risk assessments.
Budget Monitoring & Control :
Collaborate with finance and operations teams to develop and manage budgets.
Track expenditures and ensure alignment with approved budgets
Analyse cost variances and recommend corrective actions
Tracking of monthly, quarterly, and annual budget
Identify opportunities for cost savings and process improvements
Eligibility typically includes the qualifications and experience outlined in the job description above, with around 0-2 Years years of relevant experience expected for this role.
The key responsibilities for this role are detailed in the Key Responsibilities section above, covering the core duties expected of a Associate Debt Manager-Flows-Rural Assets at IDFC FIRST Bank.
This role requires around 0-2 Years years of relevant experience, as specified in the job listing. Please refer to the Qualifications & Experience section above for full details.
Skills relevant to this position are outlined in the Qualifications & Experience section above. In general, strong communication, domain knowledge, and the ability to meet role-specific targets are valued across similar BFSI positions.
You can apply directly using the Apply Now button on this page, which will take you to IDFC FIRST Bank's application process for this role.