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Tier-1 bank and Mumbai metro increase competition, but niche technology procurement reduces applicant density.
Role requires regulated banking procurement and vendor-risk expertise, limiting cross-industry transferability.
Explicit 8–10 years, banking exposure, and mandatory technical procurement skills create highly selective shortlisting.
Lead end-to-end procurement projects for critical IT technology portfolios, including infrastructure, software, cybersecurity, and services.
Drive complex contract negotiations with tier-1 vendors to achieve significant cost optimization and establish favorable pricing and SLAs.
Ensure vendor engagement compliance with financial regulations through risk assessments and vendor governance in collaboration with legal and security teams.
8 to 10 years of experience in IT procurement, strategic sourcing, or commercial management, preferably in a regulated banking or financial services environment.
Bachelor’s degree in Engineering; MBA from reputed institute is a plus.
Strong technical knowledge of software licensing, cloud models, hardware infrastructure, and IT service agreements.
Location requirement: Mumbai.
Experienced in managing large-scale strategic sourcing projects aligned with digital transformation in financial institutions.
Skilled at negotiating complex contracts to reduce Total Cost of Ownership and establish robust vendor relationships.
Capable of navigating regulated environments with strong risk, compliance, and stakeholder management expertise.