Procurement Manager

Equiniti; Chennai District; On-site; INR 1,500,000 - 2,200,000; Full time

Benefits offered by this job

Medical coverage for dependents and a&

Cab transport for UK/US shifts

Job summary

EQ Retirement Solutions is seeking a Procurement Manager to deliver savings, value, innovation, and compliance across procurement activities. The role partners closely with stakeholders to drive strategic sourcing and supplier governance, delivering cost-avoidance and process improvements.

The ideal candidate will have strong procurement governance knowledge, experience in tenders, RFx processes, and category management, with MCIPS qualifications preferred.

Qualifications

• Strong knowledge of procurement governance, compliance and contract law.

Responsibilities

• Lead sourcing and tendering activities to drive commercial and strategic objectives.
• Develop category strategies and deliver end-to-end procurement projects.
• Manage supplier relationships, performance, quality and risk.
• Support contract negotiations, renewals, variations and governance.
• Provide commercial insight and market intelligence for decision-making.
• Ensure procurement activities comply with policy and regulatory obligations.

Skills

Strategic sourcing

Category management

Negotiation skills

Stakeholder engagement

Procurement governance

Analytical skills

Education

MCIPS (preferred)

Job description

Management Level

F

EQ Retirement Solutions is transforming the retirement and pensions markets with leading administration and technology solutions. With over 1200 employees globally, 189 years of knowledge and 11 million pension scheme members and policyholders, we are here to help people plan for a confident financial future by delivering innovative, reliable and customer-focused retirement services. Our teams are driven by a shared commitment to excellence, collaboration and making a real impact to the lives of our clients and customers.

EQ Retirement Solutions are looking for a Procurement Manager within their Procurement function.

The main purpose of the role is to deliver savings, value, innovation and compliance across procurement activities, providing strategic sourcing, supplier management and commercial support while partnering closely with business stakeholders.

Core Duties/Responsibilities

• Leading sourcing and tendering activity to drive commercial, operational and strategic objectives
• Developing category strategies and delivering procurement projects end‑to‑end
• Managing supplier relationships, performance, quality and risk
• Supporting contract negotiations, renewals, variations and ongoing governance
• Providing commercial insight and market intelligence to support decision‑making
• Ensuring procurement activity aligns with policy, compliance and regulatory obligations
• Partnering with stakeholders to understand business needs and deliver optimal outcomes
• Delivering savings, value and cost‑avoidance through strategic procurement initiatives
• Managing supplier onboarding and ensuring controls are met
• Producing tender documentation and managing competitive processes
• Maintaining accurate procurement records, reports and contract register data
• Supporting process improvement across procurement and supplier management
• Ensuring effective communication and collaboration across Procurement and the wider business
• Contributing to the delivery of procurement objectives and team development activities

The duties and responsibilities outlined above are to be regarded as broad areas of responsibility and do not necessarily detail all tasks which the post holder may be required to perform.

Skills, Capabilities And Attributes

The ideal candidate will have the below skills, capabilities and attributes essential or preferred. Strong knowledge of procurement governance, compliance, and contract law.

• Strong experience in strategic sourcing, category management or procurement delivery
• Ability to manage multiple procurement projects simultaneously
• Strong stakeholder engagement, influencing and negotiation skills
• Proven experience in supplier performance management and risk management
• Commercial acumen with ability to interpret financial and contractual information
• Experience running tenders, RFx processes and sourcing activities
• Knowledge of procurement best practice, frameworks and governance
• Strong analytical skills with ability to interpret data and insights
• Excellent communication skills, both written and verbal
• Ability to work collaboratively across teams and functions
• Experience in regulated environments (preferred)
• Proactive mindset with ability to take ownership and drive initiatives
• MCIPS qualified or working towards (preferred)

What We Offer

Being a permanent member of the team at EQ you will be rewarded by our company benefits, these are just a few of what is on offer:

• 3 days of additional leaves on & above statutory requirement along with 2 days of voluntary leaves to pursue the CSR initiatives
• Business related certification expense reimbursement
• Comprehensive Medical Assurance coverage for dependents & Parents
• Cab transport for staff working in UK & US shift
• Accidental & Life cover 3 times of concerned CTC

We are committed to equality of opportunity for all staff and applications from individuals are encouraged regardless of age, disability, sex, gender reassignment, sexual orientation, pregnancy and maternity, race, religion or belief and marriage and civil partnerships. Please note any offer of employment is subject to satisfactory pre-employment screening checks.