while ensuring compliance and operational efficiency across the organization. Drives strategic
sourcing and builds strong supplier partnerships to support business objectives.
Professional Experience & Responsibilities
Lead and drive end-to-end procurement strategy, aligned with organizational goals and cost
optimization objectives
Develop and implement strategic sourcing plans, vendor rationalization, and category
management
Oversee procurement lifecycle including vendor identification, evaluation, onboarding, and
performance management
Ensure timely procurement, quality compliance, and cost efficiency across all purchases
Lead commercial negotiations and finalize contracts, ensuring best value and favourable terms
Drive cost-saving initiatives, budgeting control, and spend optimization across departments
Ensure compliance with regulatory requirements, internal policies, and audit standards
(relevant for exchange environment)
Manage and review vendor contracts, SLAs, and risk mitigation frameworks
Build and maintain strong vendor relationships for long-term strategic partnerships

Collaborate with internal stakeholders for procurement planning, forecasting, and execution
Ensure process standardization, SOP adherence, and procurement governance
Job Description – Sr. Manager / AVP – ProcurementAbout MSEThe Metropolitan Stock Exchange of India (MSE) is a SEBI-recognized stock exchange dedicated to
fostering a transparent, efficient, and technology driven marketplace. It provides a well-regulated
platform for trading across multiple asset classes, including equities, derivatives, currency, debt
instruments. With a strong emphasis on innovation and investor protection, MSE offers a seamlesstrading experience to its market participants and investors.
Lead and mentor the procurement team, ensuring performance and capability development
Monitor market trends, pricing benchmarks, and emerging sourcing opportunities
Skill Required:
Postgraduate with 10+ years of experience in Procurement / Strategic Sourcing
Strong experience in vendor management, contract negotiation, and cost optimization
Exposure to regulated environments / BFSI / exchange / financial services preferred
Ability to develop procurement strategies and manage large-scale sourcing
Strong analytical, commercial, and negotiation skills
Excellent stakeholder management and inter-department coordination
Sound understanding of procurement policies, compliance, and audit frameworks
Strong leadership and team management capabilities
Excellent written and verbal communication skills
Compensation:
Commensurate with experience and industry standards

experience

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