Senior Vendor Management Analyst

RiverSource Life Insurance Company; Gurugram District; Hybrid; INR 350,000 - 650,000; Full time

Job summary

Ameriprise India LLP in Gurugram is seeking a Senior Vendor Management Analyst to oversee data vendor spend, invoice coding in ARIBA, and contract renewals, ensuring cost control and service quality. You will maintain vendor inventories, manage access and renewals, and collaborate with Procurements and stakeholders on process improvements.

The role demands strong numerical skills, Excel proficiency, and precise attention to detail.

Qualifications

• Master’s degree in commerce or related field.
• Numerical competence and understanding of finance and accounting principles.
• Strong communication (verbal and written) and attention to detail.

Responsibilities

• Process invoices and reconcile against inventory; allocate costs and obtain approvals.
• Maintain and update inventory of Market Data services and costs.
• Ensure end-user access recertification and update records.
• Manage vanilla contract renewals with stakeholders and vendors; ensure policy adherence.
• Collaborate on audits, installations, and service removals; support cost-saving initiatives.

Skills

Numerical skills

Communication

Attention to detail

Excel skills

Time management

Education

Master’s degree in commerce

Tools

MDSL MDM

TRG Optimize

Job description

Senior Vendor Management Analyst### Senior Vendor Management AnalystApply: Hybrid: Gurugram, Haryana, India: Full time: Posted Today: End Date: October 30, 2026 (7 days left to apply): R26\\_4139**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 updatedRequired Qualifications* Master’s degree in commerce, or related field; or equivalent work experience.* Numerically competent* Understanding of business activities, finance and accounting principles, budgeting, accounts payable, accrual methodologies, and invoice processing workflow* Appreciation of data usage and ability to identify various information sources to provide responses to end users* Strong attention to detail and ability to detect and remedy errors* Good communication skills – verbal and written* Ability to manage multiple priorities in a fast-paced environment while maintaining high levels of accuracy and stakeholder satisfaction.* Good excel skillsPreferred Qualifications* Experience with **MDSL MDM, TRG Optimize, or similar market data inventory and expense management platforms**.* Exposure to **Market Data vendor services** including Bloomberg, LSEG/Refinitiv, ICE, FactSet, S&P Global, MSCI, FTSE Russell, and Morningstar.**Full-Time/Part-Time**Full time**Timings**(2:00p-10:30p)**India Business Unit**AWMPO AWMP&S President's Office**Job Family Group**Finance*Ameriprise India LLP is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, genetic information, age, sexual orientation, gender identity, disability, military status, veteran status, marital status, pregnancy, family status or any other basis prohibited by law.**We are committed to fostering an inclusive and accessible recruitment process for individuals with disabilities. If you require a reasonable accommodation to participate in the application or interview process, speak to your recruiter to discuss how we can support you.*