IT Strategic Sourcing Associate Director

The Depository Trust & Clearing Corporation (DTCC); Hyderabad; Hybrid; INR 1,500,000 - 2,000,000; Full time

Benefits offered by this job

Comprehensive health and life insurance

Pension / Retirement benefits

Paid Time Off

Flexible work model

Job summary

The Depository Trust & Clearing Corporation (DTCC) in Hyderabad is seeking an Associate Director to lead IT sourcing initiatives and collaborate with various stakeholders. This role offers a hybrid work model with competitive compensation, including health benefits and retirement options.

You will drive value by managing supplier relationships, executing sourcing processes, and supporting negotiations. Ideal candidates have 8+ years of IT strategic sourcing experience, especially in financial services.

Qualifications

• Minimum of 8 years of related experience.
• Strong experience executing RFx processes and managing negotiations.

Responsibilities

• Partner with IT stakeholders to develop sourcing strategies.
• Lead sourcing initiatives across IT categories.
• Manage supplier relationships for value delivery.
• Analyze spend and contract data for savings opportunities.
• Support negotiations with suppliers.

Skills

IT Strategic Sourcing

Procurement experience

RFx processes

Contract negotiations

Problem-solving

Education

Bachelor's degree or equivalent experience

Job description

Are you ready to make an impact at DTCC? Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We are committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.

Pay And Benefits

• Competitive compensation, including base pay and annual incentive
• Comprehensive health and life insurance and well-being benefits, based on location
• Pension / Retirement benefits
• Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
• DTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee).

The Impact You Will Have In This Role

This role is responsible for supporting the execution and contributing to the development of the company's IT Sourcing strategy (including hardware, software, telecom/networking, private cloud, public cloud, and IT professional services). The Associate Director will independently lead sourcing initiatives across IT categories and partner closely with IT stakeholders to drive value, mitigate risk, and ensure alignment with DTCC's financial and operational objectives. Collaborating across Finance, Legal, Third-Party Risk, Procurement Operations, and IT stakeholders, the role will support the delivery of strategic sourcing outcomes and manage multiple in-flight workstreams.

Your Primary Responsibilities

• Partner with IT stakeholders to support the development and execution of sourcing strategies aligned to business needs and control objectives.
• Independently lead sourcing initiatives across IT categories, including RFx development, supplier evaluation, commercial analysis, and contract negotiations.
• Serve as a hands‑on sourcing professional, responsible for developing RFx materials, conducting commercial and contractual analysis, and driving sourcing outcomes end-to-end.
• Manage supplier relationships to support effective performance, value delivery, and risk mitigation.
• Oversee the execution of sourcing processes, including contracting and downstream procurement activities, ensuring alignment with policies and procedures.
• Proactively manage renewals and sourcing pipelines to drive savings and minimize business disruption.
• Support and, where appropriate, lead vendor QBRs and performance discussions for key suppliers.
• Analyze spend and contract data to identify savings opportunities and support sourcing decision‑making.
• Execute sourcing initiatives with clear financial, operational, and risk‑based objectives.
• Coordinate with internal stakeholders to ensure sourcing timelines, requirements, and deliverables are effectively managed.
• Support negotiations with suppliers to achieve competitive pricing and contractual terms.
• Contribute to the development and enhancement of sourcing processes, tools, and reporting.
• Partner with IT Strategic Sourcing Directors to align on category strategy, sourcing priorities, and performance targets.
• Provide guidance and support to junior team members as needed.
• Mitigate risk by following established procedures and monitoring controls, spotting key errors, and demonstrating strong ethical behavior.

Qualifications

• Minimum of 8 years of related experience.
• Bachelor's degree preferred or equivalent experience.

Talents Needed For Success

• 8–10+ years of IT Strategic Sourcing or procurement experience in a global organization, preferably within financial services.
• Strong experience executing RFx processes and independently managing sourcing initiatives and negotiations across IT categories (hardware, software, telecom/networking, cloud, and professional services).
• Proven ability to operate as a hands‑on sourcing professional, including developing RFx materials, performing commercial analysis, and executing contract negotiations.
• Solid understanding of enterprise IT vendors and sourcing dynamics across multiple technology categories.
• Ability to quickly ramp into active sourcing workstreams and deliver value with limited onboarding.

Actual salary is determined based on the role, location, individual experience, skills, and other considerations.

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.