<h3>The Role at a Glance</h3><p>In this position, you will be responsible for driving cost optimization and operational efficiency across the organization. Key responsibilities include:</p><ul><li><p>Strategic Sourcing: Developing sourcing plans, category management, and vendor rationalization.</p></li><li><p>Negotiation & Contracts: Leading commercial negotiations and finalizing contracts to ensure favorable terms and risk mitigation.</p></li><li><p>Compliance: Ensuring all procurement activities adhere to regulatory requirements and audit standards—critical in a highly regulated exchange environment.</p></li><li><p>Leadership: Mentoring the procurement team and fostering long-term strategic supplier partnerships.</p></li></ul><h3>What We Are Looking For</h3><ul><li><p>Experience: 8–12+ years of relevant experience in Procurement and Strategic Sourcing.</p></li><li><p>Background: Exposure to the BFSI, financial services, or exchange sectors is highly preferred.</p></li><li><p>Education: MBA or PGDM, ideally with a focus on Supply Chain or Operations.</p></li><li><p>Skills: Strong analytical abilities, commercial acumen, and excellent stakeholder management skills.</p></li></ul><h3>experience</h3>15

JD - Procurement SpecialistRole Overview<br />This role focuses on three key areas: Supplier Quality Assurance (SQA), Resilience Action Plan<br />Tracking, and support for the BiProducts Contaminants workstream. The position requires excellent<br />project management, strong stakeholder coordination, and the ability to design and maintain effective<br />tracking mechanisms.Key Responsibilities<br />1. Supplier Quality Assurance (SQA)<br /> Coordinate with internal teams to track, monitor, and ensure supplier compliance with SQA<br />standards.<br /> Drive suppliers to submit required documents and evidence on time.<br /> Escalate delays or risks and intervene when necessary.<br /> Maintain structured trackers for visibility, progress monitoring, and governance reporting.<br />2. Resilience Tracking (PEGA & Internal Governance)<br /> Collaborate with internal teams to record, track, and push Resilience Action Plans on the<br />PEGA platform.<br /> Prepare a recurring update mechanism for stakeholders, highlighting progress and open<br />actions.<br /> Follow up consistently to ensure closure of resiliencerelated activities.<br /> Build and maintain a live tracking dashboard for realtime visibility of risk mitigation activities.<br />3. BiProducts Contaminants Workstream<br /> Track and coordinate procurementrelated deliverables under the BiProducts Contaminants and<br />derisking workstreams.<br /> Resolve conflicts with suppliers relating to contaminants, documentation, or expectations.<br /> Create standardized, repeatable ways of working for longterm sustainability.<br /> Document clear process flows, roles, and responsibilities.Skills & Qualifications<br />Required Skills<br /> Strong project management and followup discipline Excellent communication and conflict resolution<br /> Ability to collaborate across crossfunctional teams<br /> Robust documentation and tracking abilities<br /> Problemsolving and riskmitigation mindsetPreferred Experience<br /> Exposure to procurement, supplier quality, resilience, or contaminantsrelated work<br /> Experience using workflow or governance tools (e.g., PEGA)<br /> Understanding of supplier compliance frameworks<h3>experience</h3>8

ESSENTIAL DUTIES & ; RESPONSIBILITIES:  Lead and oversee the full procurement lifecycle across the GCC and drive procurement analytics and reporting to executive leadership.<br /> Manage the end-to-end RFx process (RFI, RFP, RFQ), ensuring effective competition, compliance, and alignment with category and business requirements.<br /> Oversee creation, close/cancel or amendment of PO and collaborate with finance on PO/invoice management.<br /> Administer contract creation, review, renewal, and amendment processes in coordination with global legal and compliance teams.<br /> Own and govern the vendor onboarding process, ensuring due diligence, risk assessments, and adherence to compliance requirements.<br /> Maintain and ensure the integrity of vendor master data, implementing controls and serve as the escalation point for supplier queries, disputes, and performance issues, ensuring prompt resolution and relationship stability.<br /> Champion digital procurement tools (e.g., Workday, SAP Ariba, Coupa, Oracle or equivalent) to enable process automation and transparency.<br /> Identify and implement continuous improvement initiatives in sourcing processes, cycle times, and operational efficiency.<br /> Ensure adherence to corporate procurement policies, governance frameworks, and local regulatory requirements.<br /> Develop, mentor, retain a high performing team while supporting training and capability building to strengthen operational maturity and enhance performance effectiveness Deep understanding of end-to-end procurement and sourcing operations within a global or shared services setup.<br /> Strong expertise in RFx management, contract lifecycle administration, and supplier relationship management, vendor performance management using relevant frameworks.<br /> Strong analytical and problem-solving abilities with the capability to leverage data for decision-making and insights.<br /> High proficiency with ERP and procurement tools along with data analytics tools<br /> Strong interpersonal and stakeholder management skills to influence at multiple organizational levels.<br /> Effective negotiation, communication, and presentation capabilities.<br /> Demonstrated track record of process optimization, cost savings, and operational efficiency improvement.<br /> Deep understanding of procurement compliance, risk management, and audit controls.<br /> Adaptability to work in a dynamic, multi-geography, and cross-functional environment.<br /> Strong leadership, people development, and change management capabilities MINIMUM QUALIFICATIONS:   Bachelor’s/Master’s degree in Commerce, Business Administration, Supply Chain Management<br /> minimum10 years of progressive experience in procurement, sourcing operations, or vendor management with 4-5 years in a leadership role managing shared services, or GCC setup<br /> Proven exposure to global procurement policies, sourcing frameworks, and compliance standards.<br /> Hands-on experience with digital procurement platforms and strong proficiency in MS Excel and analytics tools.<br /> Ability to lead teams with excellent interpersonal, communication, and stakeholder management skills. <h3>experience</h3>15