Procurement Expert

2 days ago


Bengaluru, Karnataka, India beBeeProcurement Full time ₹ 50,00,000 - ₹ 1,00,00,000
Procurement Expert

Job Overview:

  • We seek a seasoned procurement expert to lead strategic sourcing initiatives, focusing on value creation, efficiency, and risk management.
  • Collaborate with internal stakeholders to identify business needs, develop comprehensive RFPs/RFXs, and negotiate contracts with suppliers.
  • E nsure compliance with regulatory requirements, industry standards, and organizational policies throughout the sourcing cycle.
  • Manage contract lifecycle, including review, redlining, and negotiation of Data Privacy, OCIR, Data Transfer Agreements, and country-specific terms.
  • Negotiate and oversee third-party Supplier Control Obligations (SCOs) and support stakeholders with vendor engagement risks.
  • Identify opportunities for process improvements and optimize buying channels.
  • Stay abreast of industry trends and best practices to enhance category management.

Requirements:

  • 8+ years of experience in procurement/sourcing, preferably in technology procurement within financial services.
  • Strong expertise in RFPs, contract negotiations, vendor management, and compliance.
  • Proven experience in contractual review and redlining.
  • Excellent stakeholder management skills with ability to influence and collaborate across divisions.
  • Strong problem-solving, analytical, and data-driven decision-making skills.
  • Leadership qualities to set objectives, coach teams, and drive operational effectiveness.

Preferred Skills:

  • Background in operational/core sourcing teams in technology.
  • Regulatory remediation experience (Data Privacy, OCIR, etc.).
  • Familiarity with industry frameworks and governance practices.

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