Chief Procurement Specialist

2 days ago

Lucknow, Uttar Pradesh, India beBeeSourcing Full time ₹ 12,00,000 - ₹ 18,00,000
Job Description

Our company is seeking a seasoned Sourcing Professional to lead end-to-end sourcing projects and drive business value, speed, compliance, and risk management.

  • Lead the development and execution of strategic sourcing initiatives across technology and non-technology requirements, focusing on value creation, process improvement, and supplier engagement.
  • Collaborate closely with cross-functional stakeholders to understand business needs, develop RFPs/RFXs, and negotiate with suppliers to achieve mutually beneficial agreements.
  • Ensure seamless compliance with regulatory obligations, industry standards, and internal controls throughout sourcing cycles.
  • Manage contract remediation, including data privacy, OCIR, data transfer agreements, and country-specific terms to minimize risk and ensure alignment with organizational goals.
  • Negotiate and oversee third-party supplier control obligations (SCOs) and provide support to stakeholders regarding vendor engagement risks.
  • Identify opportunities for process enhancements and buying channel optimization to drive efficiency and cost savings.
  • Stay up-to-date with industry trends and best practices in category management to strengthen procurement capabilities.
Required Skills and Qualifications

Requirements

  • 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

Preferred Skills

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

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