Senior Associate – Vendor Compliance & Risk Management

Plastics For Change; Bengaluru; On-site; INR 1,500,000 - 2,200,000; Full time

Benefits offered by this job

Provident Fund

Health and accidental insurance

Performance-based incentives

Career growth opportunities

Flexible policies

Paid time off

Job summary

Plastics For Change is seeking a Senior Associate to drive vendor compliance and risk management in Bengaluru. You will conduct onboarding checks, verify registrations, GST and PAN, and assess ownership to ensure documentation is complete before activation.

You will build a systematic risk framework, monitor contracts, and coordinate audits with external agencies, collaborating with Procurement, Finance, Legal, and Operations.

Qualifications

• Bachelor's degree and 3–5 years of relevant experience in vendor management, procurement, compliance, or risk management.
• Experience in vendor onboarding, due diligence, and audits.
• Understanding GST, statutory documentation, and financial due diligence.
• Strong analytical and documentation skills.
• Ability to work with multiple stakeholders and travel for site verification.

Responsibilities

• Conduct comprehensive checks on vendors before onboarding, including business registration, statutory documents, GST and PAN validation, ownership, and bank details.
• Coordinate with background verification and due diligence agencies when required.
• Ensure all mandatory documents are collected, verified, approved, and maintained before vendor activation.
• Develop and manage a vendor risk assessment framework based on financial stability, compliance history, and operational capability.
• Flag high-risk vendors and work to reduce non-compliance with stakeholders.
• Monitor compliance with vendor agreements, contractual requirements, and policies.
• Develop, maintain, and drive standardized onboarding processes, policies, and SOPs.
• Maintain a centralized vendor compliance database and plan periodic audits.
• Document audit findings and track corrective actions to closure.
• Collaborate with Procurement, Finance, Legal, Operations, Marketplace, Supply Chain, and Leadership.
• Travel for vendor/site verification when required.

Skills

Vendor management

Procurement

Compliance

Risk management

Vendor audits

Background verification

Documentation

Analytical skills

Education

Bachelor's degree in Business Administration, Commerce, Finance, Supply Chain, Procurement, Operations, or related field

Job description

Senior Associate – Vendor Compliance & Risk Management

Plastics For Change is a purpose-driven social enterprise building ethical, traceable, and inclusive recycling supply chains. The company works with informal waste collectors to formalize recycling systems, ensure fair wages, and create measurable social and environmental impact.

Job Description

Duties and Key Responsibilities

Conduct comprehensive checks on vendors before onboarding, including business registration and statutory documents, GST and PAN validation, company ownership and beneficial ownership, bank account details, and operational existence.

Coordinate with external background verification and due diligence agencies when required to assess the credibility and track record of prospective vendors.

Ensure all mandatory documents are collected, verified, approved, and maintained before vendor activation, driving a high vendor documentation compliance rate.

Develop and manage a systematic vendor risk assessment framework based on factors such as financial stability, compliance history, operational capability, documentation, reputation, and business criticality.

Flag high-risk vendors to relevant stakeholders and actively work towards the reduction of high-risk or non-compliant vendors.

Monitor compliance with vendor agreements, terms and conditions, contractual requirements, and organizational policies.

Develop, maintain, and drive the adoption of standardized vendor onboarding processes, compliance policies, and standard operating procedures.

Maintain a centralized and up-to-date vendor compliance database.

Plan and conduct periodic vendor audits and compliance reviews, ensuring timely completion of all scheduled assessments.

Document audit findings, track corrective and preventive actions, and ensure the timely closure of any vendor corrective actions.

General Responsibilities:

Work closely and collaborate with cross-functional teams, including Procurement, Finance, Legal, Operations, Marketplace / Business Teams, Supply Chain, and Leadership.

Ensure vendor-related decisions are closely aligned with organizational risk appetite and overall business requirements.

Act as the central point of coordination and primary contact for all vendor compliance and risk-related matters.

Requirements

Knowledge, Experience and Qualifications

Bachelor's degree in Business Administration, Commerce, Finance, Supply Chain, Procurement, Operations, or a related field.

3-5 years of relevant experience in vendor management, procurement, compliance, risk management, supply chain, audit, or related functions.

Experience in vendor onboarding and due diligence.

Experience in conducting or coordinating vendor audits and background verification.

Understanding of GST, statutory documentation, business registrations, and basic financial due diligence.

Strong analytical and documentation skills.

Experience working collaboratively with multiple internal stakeholders and external vendors.

Willingness to travel for vendor/site verification when required.

Note: The roles and responsibilities outlined above are not meant to be an exhaustive list of tasks. Flexibility is required and the incumbent is expected to carry out any other related duties that are necessary for the optimum functioning of the company as a whole within the employee’s skills and abilities whenever a need is pointed out, becomes apparent, or as reasonably instructed.

We offer a competitive and comprehensive benefits package designed to support our employees’ well-being and growth, including an attractive salary, Provident Fund (PF) for financial security, performance-based incentives, comprehensive health and accidental insurance coverage, and strong career growth opportunities. Employees benefit from continuous learning and development through training programs, a healthy work-life balance with flexible policies, and generous paid time off including leave and holidays. Additionally, we provide employee engagement activities, recognition programs to reward achievements, and access to wellness and support initiatives, ensuring a positive and rewarding work environment.