Head of Auctions

2 days ago

Gurgaon, India Scrapcart Full time

Reports to: FounderTeam Size: 8-12 direct/indirect reportsCompensation: ₹35-50 lakhs + aggressive equity + performance bonusesTarget Profile: Senior leaders from MSTC, mjunction, SteelzX with 8+ years experience"Lead the transformation of India's metal scrap trading landscape with cutting-edge technology, modern user experience, and unprecedented market reach. Move from legacy systems to next-generation marketplace infrastructure while maintaining the institutional knowledge and relationships you've built."- Technology Modernization: Bring your deep auction expertise to a modern, AI-powered platform- Market Expansion: Scale beyond traditional PSU clients to the entire Indian metal ecosystem- Innovation Leadership: Shape the future of metal scrap trading with blockchain, smart contracts, and automation- Equity Upside: Significant ownership stake in the fastest-growing metal marketplace in India- Industry Impact: Transform an industry that's been operating with outdated systems for decadesKey ResponsibilitiesStrategic Leadership (30% of role)- Define auction and tender strategy for ScrapCart's metal scrap verticals- Lead digital transformation of traditional metal trading processes- Establish market-making capabilities for spot trading and forward contracts- Drive competitive positioning against MSTC, mjunction, and other legacy platforms- Build institutional relationships with PSUs, private steel companies, and metal traders- Shape product roadmap for auction engine features and capabilitiesOperational Excellence (25% of role)- Design and implement auction formats (English, Dutch, sealed bid, reverse auctions)- Establish tender management processes for large-scale industrial disposal- Create quality assurance frameworks for auction materials and specifications- Implement settlement and

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