Finance-Category Specialist

Hdfc Bank; Mumbai; On-site; INR 1,000,000 - 1,800,000; Full time

Job summary

Hdfc Bank in Mumbai is seeking a Category Specialist to develop and execute sourcing strategies for assigned spend categories within Finance procurement.

You will optimize supplier value, drive cost reductions, and ensure compliance with enterprise procurement policies and regulatory requirements in banking services.

Qualifications

• Bachelor's degree required in Business, Finance, Supply Chain, or Engineering.
• MBA or professional certification preferred.

Responsibilities

• Develop and implement category strategies.
• Lead end-to-end sourcing events.
• Support supplier onboarding and qualification.
• Drive supplier performance management.
• Lead commercial negotiations.
• Draft and review contract documents.
• Partner with business units.
• Ensure compliance with regulations and procurement policies.
• Identify and mitigate supply-chain risks.
• Conduct spend analytics and reporting.

Skills

Strategic sourcing

Category management

Financial acumen

Contracting

Negotiation skills

Supplier performance management

Regulatory requirements understanding

Education

Bachelor's degree in Business/Finance/Supply Chain/Engineering

MBA or professional certification preferred

Job description

Job Title:

Category Specialist

Job Details:

Business Unit: Finance

Team: Procurement

Reports to: Unit Head - Procurement Process & Automation

Location: Mumbai

Job Function: Spends Control & Performance

Role Type: Individual Contributor

Direct Reportees: None

Travel Required: No

Job Band Range: E4 - D2

JD Created: 09 January 2026

JD Updated: 10 January 2026

Version No: 1

Job Purpose:

Develop, execute sourcing strategies for assigned spend categories.

Optimize supplier value, reduce TCO, mitigate risks.

Ensure compliance with enterprise procurement policies.

Critical in banking/services for regulatory compliance, data security.

Job Responsibilities:

Develop, implement category strategies.

Lead end-to-end sourcing events.

Support supplier onboarding, qualification.

Drive supplier performance management.

Lead commercial negotiations.

Draft, review contract documents.

Partner with businesses units.

Advise on sourcing best practices.

Ensure sourcing processes comply with regulations.

Identify, mitigate supply-chain risks.

Conduct, present spend analytics.

Maintain transparent reporting.

Educational Qualifications:

Bachelor's degree in Business, Finance, Supply Chain, Engineering.

MBA or professional certification preferred.

Key Skills:

Strategic sourcing methodologies.

Category management.

Financial acumen, TCO modeling.

Contracting, negotiation skills.

Supplier performance management.

Regulatory requirements understanding.

Experience Required:

4-8 years procurement or sourcing experience.

Banking or services industry experience.

Category management, strategic sourcing, cost modeling.

Supplier governance experience.

Exposure to regulated environments.

Negotiating complex, high-value service contracts.

Major Stakeholders:

Internal: All departments, Senior Leadership, Payment operations.

External: Vendors.

Required Skills

Refer to the Job Description