Commercial Manager

Dezerv is a house of investing solutions for high-net-worth and affluent Indians. Dezerv is co-founded by Sandeep Jethwani, Vaibhav Porwal, and Sahil Contractor. They have led successful wealth management businesses and managed over USD 7 billion in assets. The Dezerv team brings together decades of investing expertise from leading global financial institutions like JP Morgan, UBS, BNP Paribas, etc. Our team of experts monitors the performance of portfolios and rebalance them if required to ensure long-term success. We are backed by marquee firms like Premji Invest, Accel, Elevation, Matrix, etc. Since inception, our clients have trusted us with over 12000+ Crs of their assets.

Why are we building Dezerv?

Investing is stressful and emotional. Building & growing wealth is difficult and time-consuming. Most individuals struggle with managing their investments and money. Our goal is to help individuals grow their wealth without the stress, time, and costs involved in a traditional investment. At Dezerv, we are building a platform that leverages our decades of investment expertise to help individuals invest better for their future.

What are we trying to solve/mission?

We are passionate about helping Indians invest better. We manage investments with active oversight to help both sophisticated and new investors build long-term wealth across various market conditions.

Job Overview:

We are looking for a proactive and strategic Commercial Manager to lead and optimize our procurement and vendor management function across the organization. The ideal candidate will be responsible for setting up robust procurement processes, driving cost efficiencies, and fostering strong relationships with vendors while collaborating closely with internal stakeholders. This role is suited for someone with experience in fast-paced, high-growth environments or start-ups.

Key Responsibilities:

• Develop, implement, and continuously improve procurement processes across the organization to ensure efficiency, compliance, and scalability.
• Identify, evaluate, and onboard vendors for various categories of goods and services, ensuring quality, reliability, and competitive pricing.
• Negotiate contracts, pricing, and terms with vendors to achieve optimal commercial outcomes for the organization.
• Identify and implement cost optimization initiatives across procurement activities without compromising on quality or service.
• Collaborate with internal stakeholders to understand requirements, streamline procurement workflows, and ensure timely delivery of goods and services.
• Monitor vendor performance and maintain a vendor database to support strategic decision-making.
• Conduct market research and benchmarking to stay updated on industry trends, pricing, and new vendor opportunities.
• Ensure compliance with company policies, legal requirements, and ethical standards in all procurement activities.
• Support budgeting, forecasting, and reporting related to procurement and vendor management.
• Drive continuous improvement initiatives and implement best practices in commercial management and procurement.

Qualifications & Skills:

• Bachelor’s degree in Business, Commerce, Supply Chain, or related field; MBA or relevant professional certification preferred.
• 5+ years of experience in procurement, commercial management, or vendor management roles, preferably in fast-paced environments or start-ups.
• Strong negotiation, analytical, and financial acumen.
• Excellent stakeholder management and communication skills.
• Ability to develop and implement processes, standard operating procedures, and frameworks.
• Proficiency in procurement software/tools and MS Office.

Key Attributes:

• Strategic thinker with a hands-on approach
• Results-oriented and able to drive initiatives end-to-end.
• Comfortable working in a dynamic, high-growth environment.
• High integrity and ethical approach to commercial dealings.