AVP – Procurement (IT & Professional Services) - Mumbai (Intellion Square - HO)
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Kotak Life Insurance AVP – Procurement (IT & Professional Services) - Mumbai (Intellion Square - HO)
Description
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<p class="MsoNormal"><b><span lang="en-in" style="font-size:11pt;color:#000000;" xml:lang="en-in">OBJECTIVE OF THE ROLE</span></b><b></b></p><p><b></b></p><b></b>
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<p class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">The Professional Services Procurement Manager is responsible for
driving strategic sourcing, supplier selection, contract negotiations, and
commercial management of professional service categories across the
organization. </span></p><p></p>
<p class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">The role partners with business functions to procure specialized
services that support operational effectiveness, regulatory compliance,
business transformation, and risk management while delivering optimum value,
quality, and cost efficiency. Key categories include Operation services like
call centre, Data entry, HR, Legal, Consultant, Third party resources,
Insurance, etc., </span></p><p></p>
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<p class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in"> </span></p>
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<p class="MsoNormal"><b><span lang="en-in" style="font-size:11pt;color:#000000;" xml:lang="en-in">HOW Will YOU CONTRIBUTE TO THIS ROLE</span></b><b></b></p><p><b></b></p><b></b>
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<p class="MsoNormal"><b><span lang="en-in" style="font-size:11pt;color:#000000;" xml:lang="en-in">Weightage</span></b><b></b></p><p><b></b></p><b></b>
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<p class="MsoNormal"><b><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Strategic Sourcing</span></b></p><p><b></b></p><b></b>
<ul style="margin-top:0in;" type="disc">
<li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Develop and execute category strategies for
professional services spend.</span><p></p></li>
<li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Lead end-to-end sourcing activities, including
RFI, RFQ, RFP, evaluation, negotiations, and contract award.</span><p></p></li>
<li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Identify opportunities for cost savings,
process improvements, and supplier consolidation.</span><p></p></li>
<li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Analyze spend data and market trends to
recommend sourcing strategies.</span><p></p></li>
</ul>
<p class="MsoNormal"><b><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Supplier Management</span></b></p><p><b></b></p><b></b>
<ul style="margin-top:0in;" type="disc">
<li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Build and maintain relationships with key
service providers.</span><p></p></li>
<li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Conduct supplier performance reviews and ensure
adherence to service levels.</span><p></p></li>
<li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Monitor supplier risk, financial stability, and
compliance requirements.</span><p></p></li>
<li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Drive supplier development and continuous
improvement initiatives.</span><p></p></li>
</ul>
<p class="MsoNormal"><b><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Contract Management</span></b></p><p><b></b></p><b></b>
<ul style="margin-top:0in;" type="disc">
<li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Lead commercial negotiations for professional
services agreements.</span><p></p></li>
<li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Collaborate with Legal, Finance, and Business
stakeholders to finalize contracts.</span><p></p></li>
<li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Ensure contracts comply with company policies,
regulatory requirements, and risk management guidelines.</span><p></p></li>
<li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Track contract renewals, amendments, and
expiration dates.</span><p></p></li>
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<p class="MsoNormal"><b><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Stakeholder Management</span></b></p><p><b></b></p><b></b>
<ul style="margin-top:0in;" type="disc">
<li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Partner with business units to understand
service requirements and project objectives.</span><p></p></li>
<li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Provide procurement guidance throughout the
procurement lifecycle.</span><p></p></li>
<li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Influence stakeholders to adopt procurement
best practices and preferred suppliers.</span><p></p></li>
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<p class="MsoNormal"><b><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Financial & Commercial Management</span></b></p><p><b></b></p><b></b>
<ul style="margin-top:0in;" type="disc">
<li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Conduct pricing and commercial analysis to
achieve value for money.</span><p></p></li>
<li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Track procurement savings and value creation
initiatives.</span><p></p></li>
<li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Support budget planning and spend forecasting
activities.</span><p></p></li>
</ul>
<p class="MsoNormal"><b><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Governance & Compliance</span></b></p><p><b></b></p><b></b>
<ul style="margin-top:0in;" type="disc">
<li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Ensure procurement activities comply with
company policies and procedures.</span><p></p></li>
<li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Support internal and external audits related to
procurement activities.</span><p></p></li>
<li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Maintain accurate procurement documentation and
reporting.</span><p></p></li>
</ul>
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<p class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in"> </span></p>
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<p class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">TOTAL</span></p><p></p>
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<p class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">100%</span></p><p></p>
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<p class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in"> </span></p>
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<p class="MsoNormal"><b><span lang="en-in" style="font-size:11pt;color:#000000;" xml:lang="en-in">MUST HAVE </span></b><b></b></p><p><b></b></p><b></b>
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<p class="MsoNormal"><b><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Education: </span></b></p><p><b></b></p><b></b>
<p class="MsoNormal"><b><span lang="en-in" style="font-size:11pt;" xml:lang="en-in"> </span></b></p>
<p class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">MBA - Supply Chain Management / Engineering</span></p><p></p>
<p class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Professional certification such as CPSM, CIPS, CPM, or equivalent
preferred. </span></p><p></p>
<p class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in"> </span></p>
<p class="MsoNormal"><b><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Work experience in years: </span></b></p><p><b></b></p><b></b>
<p class="MsoNormal"><b><span lang="en-in" style="font-size:11pt;" xml:lang="en-in"> </span></b></p>
<p class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">7 years + procurement or strategic sourcing experience,
preferably in professional services categories. Preference from BFSI </span></p><p></p>
<p class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in"> </span></p>
<p class="MsoNormal"><b><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Skills / experience required:</span></b></p><p><b></b></p><b></b>
<ul style="margin-top:0in;" type="disc">
<li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Strategic sourcing and category management </span><p></p></li>
<li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Contract negotiation </span><p></p></li>
<li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Supplier relationship management </span><p></p></li>
<li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Spend analysis and reporting </span><p></p></li>
<li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Procurement systems (SAP Ariba / Oracle, etc.) </span><p></p></li>
<li class="MsoNormal"><span lang="en-in" style="font-size:11pt;" xml:lang="en-in">Commercial and financial analysis</span><p></p></li>
</ul>
<p class="MsoNormal"><b><span lang="en-in" style="font-size:11pt;" xml:lang="en-in"> </span></b></p>
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<p class="MsoNormal"><span style="font-size:11pt;"> </span></p>
