Procurement Specialist

Job Description:-

Location-Gurgaon

Role Overview

We are looking for a Procurement professional with 2-12 years of experience in Procurement, Strategic Sourcing, Vendor Management, Contract Management, and Supplier Governance. The role will be responsible for driving sourcing initiatives, managing supplier relationships, negotiating commercial contracts, and delivering cost, service, and risk outcomes across the business.

Key Responsibilities

• Lead end-to-end procurement and sourcing activities across assigned categories.
• Develop and execute category strategies aligned with business and commercial objectives.
• Manage supplier selection, onboarding, performance reviews, and relationship management.
• Lead contract negotiations, renewals, and commercial discussions to achieve cost savings and value creation.
• Coordinate and manage RFP/RFQ processes within established procurement frameworks.
• Monitor supplier performance, SLAs, KPIs, risks, and compliance requirements.
• Conduct supplier due diligence and maintain procurement governance standards.
• Analyze spend, market trends, and Total Cost of Ownership (TCO) to identify savings opportunities.
• Maintain accurate records of contracts, supplier agreements, and procurement documentation.
• Partner with internal stakeholders to provide procurement expertise and influence commercial decisions.
• Drive continuous improvement in procurement processes, controls, and supplier management practices.

Required Skills

• Procurement & Vendor Management
• Strategic Sourcing
• Contract Management & Negotiation
• Supplier Relationship Management
• Global Stakeholder Management
• Documentation & Compliance
• Spend Analysis & Cost Optimization
• RFP/RFQ Management

Preferred Background

• Banking, Financial Services, or FinTech experience preferred.
• Candidates from other industries with relevant procurement experience are also encouraged to apply.