Job Purpose:
To manage end-to-end procurement activities for technology-related goods and services, ensuring cost efficiency, compliance, and high-quality vendor delivery while supporting business and IT requirements.
Key Responsibilities:
Manage sourcing and procurement of IT hardware, software, cloud services, and fintech solutions
Conduct and manage RFx processes (RFI, RFP, RFQ) in collaboration with IT, Architecture, and Security teams
Lead commercial negotiations including pricing, licensing models, and SLAs
Act as the primary interface between technology stakeholders and vendors
Collaborate with internal teams (IT, Cybersecurity, Legal, Finance, Risk) to ensure alignment
Ensure timely contract renewals, purchase orders, and procurement cycles
Identify and drive cost-saving opportunities and process improvements
Maintain accurate procurement reporting (MIS) and documentation
Ensure compliance with procurement policies and procedures
Requirements
∙Basic knowledge & Input for Procurement Policy (PP), SOP Revision, and visibility of PP,
Compliance to PP internally and externally in the bank.
∙Proactiveness in spend management, technology stakeholder engagement and strategy.
∙Timely sourcing and renewal of contracts in coordination & intimation to right department.
∙Timely issuance of Purchase Orders to the vendors.
∙Timely floating of RFP/RFI, issuance of LPO’s accuracy (i.e. ADM category, cost centers,
∙Daily, weekly, monthly MIS to Head of Technology Procurement.
∙Identify cost save transactions and recommend.
∙Recommend suitable potential suppliers with regard to internal demand requirements.
Knowledge, Skills and Experience
∙Graduate within minimum 3 years of Technology procurement experience.
∙Strong Analytical Skill withe. Excel, Word, MIS reporting, and Power Point with good
presentation & communication skills.
∙Basic knowledge of Banks operating system specifically Oracle, Procurement related applications
viz. Sourcing, Tendering, eAuction Contract Management System.
∙Teamwork, punctuality, Innovation, Willingness to take more responsibility.
∙Professional, with a proven track record of integrity and ethical values without any doubt
Benefits
Medical insurance
Social insurance