Associate IT Procurement

NPCI International; Mumbai; On-site; INR 600,000 - 1,200,000; Full time

Benefits offered by this job

Comprehensive insurance coverage

Employee assistance program

Annual wellness bouquet

Inclusive parental leave

Daycare support

Mobility benefits

Home loan interest support

Mobile reimbursement

Car lease options

Reward and recognition program

Provident fund contributions

Job summary

NPCI International is looking for an Associate IT Procurement professional to join their innovative team in Mumbai. The role requires a comprehensive understanding of sourcing and procurement, particularly in the IT sector, with 1 to 6 years of experience preferred.

The successful candidate will handle complex procurement processes, ensuring compliance with policies and standards while collaborating with multiple stakeholders. Benefits include healthcare, parental leave, and mobility support.

Qualifications

• 1 to 6 years of experience in sourcing and procurement in IT.
• Familiarity with market rates and vendor management.
• Experience in conducting RFPs and vendor evaluations.

Responsibilities

• 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 and perform commercial evaluations.

Skills

Strong sourcing and procurement expertise

Sound knowledge of GST

Market intelligence (vendors, pricing, industry trends)

Contract management knowledge

Understanding of Software application procurement

Understanding of IT staff augmentation (T&M model)

Education

BE/BTech/BSc IT/MCA or MBA

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. NPCI is dedicated to building world‑class digital payment infrastructure through innovative and efficient retail payment platforms.

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.

Employee Perks and Benefits

• Insurance & Wellness: Comprehensive coverage—medical, accidental, and life insurance
• Employee Assistance Program: Onsite medical center, financial/legal counselling, mental wellness
• Annual Wellness Bouquet: Holistic well‑being support
• Parental Leave: Inclusive maternity and paternity leave
• Daycare Support: Assistance for working parents
• Mobility Benefits: Relocation, transfers, and travel support
• Home Loan Interest Support: Up to 50% reimbursement
• Mobile Reimbursement: New handset every two years
• Car Lease, Salary Advance, Subsidized Meals
• Reward & Recognition Program
• Technology Innovation: Patents and IP Rights policy
• Provident Fund (PF) and Gratuity Contributions

Why Join Us

NPCI offers cutting‑edge projects that directly impact millions and a culture of innovation, inclusion, and high performance.

Position Title: Associate IT Procurement

Years of Experience: 1 to 6 years

Job Location: Mumbai

Qualifications: BE/BTech/BSc IT/MCA or MBA

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
  • Force majeure
  • Milestones & LD clauses
• Understanding of
  • Software application procurement
  • IT staff augmentation (T&M model)

Technical Skills

• Experience in D365 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 the unique needs of G and core NPCI.

Due to the complexity of multi‑vendor and multi‑stakeholder environments, this position is essential to strengthen the team’s procurement operations and ensure timely execution.

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 benchmarking
• 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

C. MIS and Reporting (10%)

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

D. 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