IT Procurement Manager || Airtel Money Ltd

Senior Manager (SM)

ROLE MANDATE

Manages vendor contracting, procurement governance, and supply chain for the NBFC entity.

KEY RESPONSIBILITIES

• Own the end-to-end procurement and sourcing function for the NBFC entity across technology, operations, and corporate spend categories, with a strong focus on IT Hardware, Software, Cloud, Security, and Technology Services procurement.
• Lead strategic sourcing initiatives including vendor identification, RFP/RFQ management, commercial evaluations, negotiations, contracting, and procurement governance.
• Drive commercial negotiations and cost optimization across software licensing, SaaS/cloud subscriptions, IT infrastructure, managed services, AMCs, and enterprise technology procurement while ensuring optimal total cost of ownership (TCO).
• Build and manage strong relationships with key OEMs, technology partners, service providers, and strategic vendors to enable efficient sourcing, commercial leverage, and long-term partnerships.
• Ensure adherence to procurement governance, Financial Delegation of Authority (FDoA), RBI outsourcing guidelines, audit requirements, and internal compliance frameworks across all procurement transactions.
• Manage vendor onboarding, due diligence, KYC validation, empanelment, and supplier risk assessments in coordination with Legal, Finance, Security, Risk, and Compliance teams.
• Own contract lifecycle management including commercial agreements, software/service contracts, renewals, support agreements, warranties, and AMC tracking; proactively flag renewal and renegotiation requirements.
• Collaborate with internal business, technology, finance, and operations stakeholders to understand procurement requirements, optimize specifications, and drive timely procurement closure.
• Drive sourcing efficiency through benchmarking, market intelligence, commercial analysis, and adoption of best procurement practices across categories.
• Coordinate with Group P2P and shared services teams for PO processing, invoice management, vendor payment tracking, and resolution of procurement-related operational issues.
• Prepare and review procurement MIS and dashboards covering category-wise spends, savings achieved, vendor performance, contract status, renewal pipelines, and procurement turnaround metrics.
• Manage supplier performance through defined SLAs/KPIs and ensure timely delivery, compliance adherence, and service quality from vendors and partners.
• Identify procurement risks related to long-term contracts, technology dependencies, commercial exposure, and vendor concentration, and drive mitigation strategies accordingly.
• Continuously evaluate market trends, emerging technologies, software licensing models, and procurement practices to strengthen sourcing strategy and procurement effectiveness for the NBFC business.

QUALIFICATIONS & EXPERIENCE

• MBA (Finance / Operations / SCM) or equivalent.
• 4-6 years in procurement, vendor management, or SCM; experience in NBFC, fintech, or financial services preferred.
• Understanding of RBI outsourcing guidelines and arm's-length requirements for group transactions.
• Strong negotiation and contract management skills.
• Familiarity with ERP-based P2P processes