Associate IT Procurement

NPCI; Mumbai; On-site; INR 600,000 - 900,000; Full time

Benefits offered by this job

Comprehensive Coverage

Employee Assistance Program

Annual Wellness Bouquet

Parental Leave

Nanny at home Support

Mobility Benefits

HomeLoan Interest Support

Mobile Reimbursement

Car Lease

Salary Advance

Subsidized Meals

Reward & Recognition Program

IPR/Patents policy

Job summary

National Payments Corporation of India (NPCI) in Mumbai seeks an Associate IT Procurement with 1–5 years’ experience in IT procurement and vendor management. You will manage end-to-end procurement processes, drive RFPs, evaluate offers, and coordinate with Legal for contract finalisation.

The role requires strong sourcing skills, GST knowledge, and familiarity with D365 Procurement Module. This is a full-time on-site position offering opportunities across NPCI’s strategic applications.

Qualifications

• Strong sourcing and procurement expertise.
• Sound knowledge of GST.
• Market intelligence on vendors, pricing, and industry trends.
• Contract management knowledge and experience with procurement terms.
• Experience driving RFPs and supplier evaluations.
• Vendor relationship management and performance monitoring.
• Experience in IT procurement and staff augmentation (T&M).

Responsibilities

• Procurement Requests due diligence and scoping.
• Collaborate with project managers on engagement terms.
• Lead RFPs, solicitations, and quotations; manage pre-bid activities.
• Validate vendor offers for eligibility and technical compliance.
• Perform commercial evaluations and price benchmarking.
• Coordinate with Legal for contract finalisation and approvals.
• Ensure PO issuance aligns with policy and terms.
• Oversee MIS reporting and stakeholder updates.
• Act as single point of contact for vendors and user departments.

Skills

Procurement

GST knowledge

Market intelligence

Contract management

RFP management

Vendor management

IT procurement

Education

BE/BTech/BSc IT/MCA

Tools

D365 Procurement Module

Job description

National Payments Corporation of India (NPCI) | Full Time

The National Payments Corporation of India (NPCI) is a pivotal institution in India's digital payments ecosystem, established by the Reserve Bank of India (RBI) and the Indian Banks’ Association (IBA). It operates under the Payment and Settlement Systems Act, 2007, and is incorporated as a “Not for Profit” company under Section 25 of the Companies Act 1956 (now Section 8 of the Companies Act 2013). NPCI is dedicated to building world‑class digital payment infrastructure through innovative and efficient retail payment platforms. As an Equal Opportunity Employer, NPCI is committed to fostering an inclusive workplace culture, with zero tolerance for discrimination based on race, ethnicity, disability, gender identity, or sexual orientation, including support for the LGBTQ+ community.

Our Culture

TheNPCIWAY –OurGuidingPrinciples

At NPCI, we foster a culture of Inclusion, Innovation, and a High- Performance Workplace .

The NPCIWAY isnotjustaframework - it’sasharedcommitmentbyevery individual to align with our evolving business needs, dynamic market conditions, and workforce expectations.

FiveTenetsoftheNPCIWAY

• ForwardThinkingMind-Set
• CustomerFirst
• LeadWith Purpose
• PassiontoDeliver
• AllSucceedTogether

Employee Perks and Benefits

Insurance&Wellness

• ComprehensiveCoverage :Medical,accidental,andlifeinsurance.
• Employee Assistance Program : Onsite medical center, financial/legal counselling, mental wellness.
• AnnualWellnessBouquet :Holisticwellbeingsupport

Family &Childcare

• ParentalLeave :Inclusivematernityandpaternityleave.
• Nanny at home Support: Assistance for Working Parents

Mobility&Lifestyle

• MobilityBenefits :Relocation,transfers,andtravelsupport.
• HomeLoanInterestSupport :Upto50%reimbursement*
• MobileReimbursement :Newhandsetevery2years.
• CarLease,SalaryAdvance,SubsidizedMeals.
• Reward&RecognitionProgram
• TechnologyInnovation :PatentsandIPRightspolicy.

RetirementPlanning

• ProvidentFund(PF) and Gratuity Contributions .

Why Join Us

At NPCI, you’ll be part of a purpose-driven organization shaping the future of digital payments in India and beyond. NPCI offers a unique opportunity to work on cutting‑edge projects that directly impact millions. We foster a culture of innovation, inclusion, and high performance, where every individual is empowered to lead with purpose and deliver with passion. With a strong focus on employee wellbeing, continuous learning, and collaborative success, NPCI is more than just a workplace - it’s a platform to grow, contribute, and make a meaningful difference.

Position Title:Associate IT Procurement Year of experience:1to 5 years Job Locatio n:Mumbai Qualifications:BE/BTech/BSc IT/MCA

Functional Skills

• Strong sourcing and procurement expertise
• Sound knowledge of GST
• Market intelligence (vendors, pricing, industry trends)
• Contract management knowledge:
• Rate types (fixed/basic)
• Termination clauses
• Milestones & LD clauses
• Understanding of:
• Software application procurement
• IT staff augmentation (T&M model)

Technical Skills

• Experience inD365 Procurement Module

Application development is a critical spend area across NPCI – G, core NPCI, and subsidiaries. The associated RFP processes are complex, time‑intensive, and require extensive coordination with internal and external stakeholders.This role supports procurement across multiple application verticals, including:

Job Responsibilities

A. Procurement Operations (40%)

• Review and perform due diligence of Procurement Requests (PRs)
• Collaborate with project managers to define scope and engagement terms
• Drive RFPs/enquiries and manage the quotation process
• Conduct pre‑bid meetings and preparations
• Validate vendor offers (eligibility, technical compliance)
• Perform commercial evaluations and ensure price bench marking
• Facilitate price discovery via PDC or Reverse Auction (RA)
• Ensure financial approvals and documentation
• Coordinate contract finalization with Legal and other departments
• Ensure PO issuance aligned with approved policies and terms

B. Quality Assurance (30%)

• Ensure compliance with IT procurement policies
• Address audit queries (target: zero open audit issues)
• Track and report process deviations monthly
• PRs < ₹50 Lakhs: Closure within 20 days
• PRs ₹50 Lakhs – ₹1 Crore: Closure within 30 days
• PRs > ₹1 Crore: Closure within 45 days

D. MIS and Reporting (10%)

• Share weekly pendency reports with stakeholders
• Maintain and track vendor follow-ups for pending POs

E. Stakeholder Management (10%)

• Act as SPOC for vendors, ensuring minimal escalations
• Partner with user departments and provide regular updates
• Understanding and interpreting technical requirements
• Ensuring clarity for timely decision‑making and execution

Decisions Taken Independently

• All decisions within approved procurement policies and delegation of authority

Decisions Requiring Approval

• As per procurement practices and delegation of financial powers