Diamond Buyer

Vaibhav Global; Mumbai; On-site; INR 3,000,000 - 5,000,000; Full time

Job summary

Vaibhav Global is seeking an experienced Diamond Procurement Specialist to source natural and lab-grown diamonds, evaluate 4Cs, and verify certificates. You will negotiate terms, manage supplier relationships, and monitor market prices to ensure competitive pricing and timely deliveries.

The role requires strong knowledge of GIA/IGI grading standards, a robust Mumbai/Bharat Diamond Bourse network, and a track record of precise, confidential procurement decisions.

Qualifications

• Must have hands-on diamond buying experience with strong market knowledge.
• Excellent negotiation and decision-making abilities without compromising quality.
• Strong network in Mumbai diamond market and Bharat Diamond Bourse preferred.
• GIA/IGI grading standards knowledge and wholesale pricing understanding.

Responsibilities

• Source and procure natural and/or lab-grown diamonds as per company needs.
• Evaluate diamonds on 4Cs, polish, symmetry, fluorescence and proportions.
• Verify certificates (GIA/IGI/HRD) and compare quotations to market prices.
• Negotiate prices, discounts, credit terms, and return/buy-back conditions.
• Maintain and grow relationships with manufacturers, wholesalers, and dealers.
• Monitor market prices and availability daily/weekly.
• Follow up with suppliers on deliveries and documentation.
• Prepare purchase MIS, price analysis, and supplier performance reports.

Skills

Diamond buying

Negotiation

Market analysis

Relationship building

GIA/IGI knowledge

Job description

Role & Responsibilities

• Source and purchase natural and/or lab-grown diamonds as per company requirements
• Evaluate diamonds on the 4Cs, polish, symmetry, fluorescence and proportions
• Verify GIA, IGI, HRD certificates; compare quotations against market prices
• Negotiate prices, discounts, credit terms, and return/buy-back conditions
• Maintain and grow relationships with diamond manufacturers, wholesalers, and dealers
• Monitor daily/weekly market prices and availability
• Follow up with suppliers on deliveries, documentation, and pending orders
• Prepare purchase MIS, price analysis, and supplier performance reports

Preferred Candidate Profile

• 510 years of hands-on diamond buying/procurement experience
• Strong Mumbai diamond market/Bharat Diamond Bourse (BDB) network preferred
• Good knowledge of GIA/IGI grading standards and wholesale pricing
• Excellent negotiation and quick decision-making ability without compromising quality
• High level of accuracy, integrity, and confidentiality