Aman Dua
Senior Manager
New Delhi
Summary
A professional with experience in managing transition projects in vendor risk and compliance, sourcing, and procurement. Expertise in vendor and contract risk management, combined with strong stakeholder engagement skills developed at Marsh McLennan, enhances systems and processes through PRINCE2 methodologies. A robust background in vendor risk, compliance, contract management, and spend analysis drives global procurement initiatives and delivers cost-effective solutions through collaborative market surveys. Recognized for navigating regulatory requirements and cross-cultural business practices while leading critical projects that align seamlessly with organizational objectives.
Overview
15
15
years of professional experience
2
2
Certifications
2
2
Languages
Work History
Senior Manager
Marsh & McLennan (India) Private Limited
04.2021 - Current
- Established strong relationships with clients and stakeholders, ensuring long-term partnerships and repeat business.
- Held monthly meetings to create business plans and workshops to drive successful business.
- Provided strong leadership to enhance team productivity and morale.
- Lead vendor risk assessment activities, supporting the Vendor Risk Management Program.
- Prepare and negotiate SLAs with vendors and service providers, ensuring compliance with statutory and company policies.
- Conduct financial, operational, and compliance audits; identify control weaknesses, and recommend corrective actions.
- Document and assess vendor control environments; review vendor audit reports, and develop risk metrics.
- Serve as a subject matter expert for vendor control evaluations, and advise on contractual protections to mitigate vendor risks.
- Manage vendor risk registers, and support vendor risk re-assessment processes.
- Liaise with internal stakeholders to ensure timely vendor risk assessments and documentation.
- Support the onboarding of vendor systems into risk and control entitlement management processes.
- Lead contract negotiations for renewals and new scopes, focusing on commercial and legal terms.
- Drive cost savings through price negotiation, vendor development, and delivery quality improvements.
- Support quarterly risk reporting, and collaborate with internal audit and risk teams.
Team Leader
Bank of America-FAKC-Global Procurement CoE
06.2017 - 04.2021
- Led contract negotiations and managed renewals, ensuring alignment with legal and compliance standards.
- Executed sourcing strategies to optimize vendor selection and achieve cost savings.
- Conducted third-party risk assessments, due diligence, and vendor onboarding to mitigate risks.
- Collaborated with Legal, Compliance, and Risk teams to embed third-party risk management into procurement processes.
- Oversaw contract drafting, review, and execution for various agreements, including SLAs, SOWs, and NDAs.
- Coordinated with internal and external stakeholders to ensure compliance with bank policies and regulatory requirements.
- Identified process improvements to enhance operational efficiency and risk controls within vendor management.
- Managed RFX processes, including bidding and auction activities on the Ariba e-sourcing platform, leading competitive sourcing events to drive value and savings.
Executive
Genpact India (Client- PepsiCo India)
04.2015 - 05.2017
- Executed strategic sourcing and procurement activities, including vendor development, price negotiation, and purchase order management.
- Conducted due diligence of vendors during onboarding to ensure compliance, and risk mitigation.
- Managed contract negotiations and SLA compliance with service providers.
- Led e-sourcing events on the Ariba platform to optimize cost and supplier performance.
- Prepared and maintained procurement dashboards and MIS reports to support decision-making.
- Delivered cost savings through vendor management and process improvements.
- Managed RFX processes, including bidding and auction activities on the Ariba e-sourcing platform, leading competitive sourcing events to drive value and savings.
Procurement Engineer
Perfect Hydro Machines India Ltd. (Client- Honda, JBM Group)
08.2012 - 02.2015
- Achieved cost savings by negotiating contracts with suppliers and continuously monitoring market trends.
- Implemented improvement initiatives to achieve inventory cost reductions and raw material delivery precision.
- Conducted market research to gather intelligence on industry trends, competitor strategies, and potential new suppliers.
- Maintains partnerships with whole supply chain to drive regular performance reviews against quality, cost and delivery.
- Facilitated smooth communication between internal stakeholders and suppliers to ensure alignment on project requirements and timelines.
- Optimized inventory levels by analyzing usage patterns and forecasting future demand accurately.
- Ensured high-quality materials sourcing through supplier audits, quality checks, and thorough evaluation processes.
Engineer
Lumax Automotive Systems
07.2011 - 07.2012
- Worked as an supplier quality auditor for automotive parts
Education
B.Tech/B.E. - Mechanical Engineering
Himachal Pradesh University
Shimla, India01.2011
Skills
Third Party Risk Management
Contract Risk Management
Risk Mitigation
Stakeholder collaboration
Supplier relationship management
Collaborative team guidance
Strategic sourcing management
Procurement management
Cost efficiency
Order management
Continuous process refinement
Experience with SAP systems
Skilled in Ariba procurement solutions
Certification
PRINCE2 Foundation Certification from Axelos
Accomplishments
- Recognition by leadership for Risk Program Expansion in EMEA region.
- Consecutive 4 years performed stand-out performance in the current role.
- Recognized by various Awards from Business partners/Global procurement for mentoring the projects independently & completing in stringent timelines to get the execution of services swiftly.
- Recognized by Onshore/Offshore leadership team for the successfully implementation of the OPEX 2019 Audit Project in bank.
- Recognized by a client for implementation of Security services projects in all beverages plants & achieving highest annual savings among other resourcing categories (Negotiating the Security Services contracts for all the location along with the reduction of manpower through the replacement from security cameras) in Genpact
Timeline
Senior Manager
Marsh & McLennan (India) Private Limited
04.2021 - Current
Team Leader
Bank of America-FAKC-Global Procurement CoE
06.2017 - 04.2021
Executive
Genpact India (Client- PepsiCo India)
04.2015 - 05.2017
Procurement Engineer
Perfect Hydro Machines India Ltd. (Client- Honda, JBM Group)
08.2012 - 02.2015
Engineer
Lumax Automotive Systems
07.2011 - 07.2012
B.Tech/B.E. - Mechanical Engineering
Himachal Pradesh University