Senior Sourcing Specialist

1 week ago

Ellore, Andhra Pradesh, India beBeeProcurement Full time ₹ 15,00,000 - ₹ 25,00,000
Job Description

As a strategic sourcing professional, you will lead end-to-end sourcing projects with a focus on value, speed, compliance, and risk management. You will collaborate with internal stakeholders to understand business needs, develop RFPs/RFXs, and negotiate with suppliers.

  • Ensure compliance with controls, audits, and regulatory obligations across sourcing cycles.
  • Manage contract remediation including 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.

To achieve this, you will need to stay ahead of industry trends and sourcing best practices to strengthen category management.


Required Skills and Qualifications

The ideal candidate will have:

  • 8+ years of experience in sourcing/procurement, 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 the 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.

Benefits

The successful candidate will enjoy:

  • A challenging role that requires strategic thinking and collaboration.
  • Opportunities for process improvements and buying channel optimization.

Others

The ideal candidate will be:

  • Familiarity with industry frameworks and governance practices.

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