Senior Associate IT Procurement

NPCI; Mumbai; On-site; INR 800,000 - 1,200,000; Full time

Benefits offered by this job

Medical Insurance

Life Insurance

Employee Assistance Program

Wellness Programs

Parental Leave

Nanny at home Support

Relocation Assistance

Home Loan Support

Mobile Reimbursement

Car Lease

Salary Advance

Subsidized Meals

Recognition Program

Job summary

NPCI in Mumbai is seeking a Senior Associate IT Procurement to manage end-to-end software and IT procurement across application verticals. You will coordinate multi-vendor engagements, drive RFIs/RFPs, and ensure compliant procurement processes with internal stakeholders.

Ideal candidates have 2–6 years of experience in IT procurement, strong GST knowledge, and experience with ERP procurement modules. This role offers a comprehensive benefits package and a performance-driven culture.

Qualifications

• Strong sourcing and procurement expertise.
• Sound knowledge of GST and market intelligence.
• Contract management knowledge including rate types and termination clauses.
• Understanding of software application procurement and IT staff augmentation.

Responsibilities

• Procurement Operations: Review PRs, engage vendors, perform bids, and finalize contracts.
• Quality Assurance: Ensure policy compliance, audit readiness, and timely closures per thresholds.
• MIS and Reporting: Produce pendency reports and track vendor follow-ups.
• Stakeholder Management: Act as SPOC for vendors and coordinate with user departments.

Skills

Sourcing & Procurement

GST knowledge

Market intelligence

Contract management

IT procurement understanding

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\u0027s 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 under Section 25 of the Companies Act 1956 (now Section 8 of the Companies Act 2013). NPCI is dedicated to building world-class digital payment infrastructure through innovative and efficient retail payment platforms. As an 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.

To learn more about our company please click on link AboutNPCI

Our Culture

TheNPCIWAY –OurGuidingPrinciples

At NPCI, we foster a culture of Inclusion, Innovation, and a High- Performance Workplace .

The NPCIWAY isnotjustaframework - it\u0027sasharedcommitmentbyevery individual to align with our evolving business needs, dynamic market conditions, and workforce expectations.

Five TenetsoftheNPCIWAY

• ForwardThinkingMind-Set
• CustomerFirst
• LeadWith Purpose
• PassiontoDeliver
• AllSucceedTogether

Employee Perks and Benefits

Insurance&Wellness:

• ComprehensiveCoverage :Medical,accidental,andlifeinsurance.
• Employee Assistance Program : Onsite medical center, financial/legal counselling, mental wellness.
• AnnualWellnessBouquet :Holisticwellbeingsupport

Family &Childcare:

• ParentalLeave :Inclusivematernityandpaternityleave.
  
• Nanny at home Support: Assistance for Working Parents
  

Mobility&Lifestyle:

• MobilityBenefits :Relocation,transfers,andtravelsupport.
  
• HomeLoanInterestSupport :Upto50%reimbursement*
  
• MobileReimbursement :Newhandsetevery2years.
  
• CarLease,SalaryAdvance,SubsidizedMeals.
• Reward&RecognitionProgram.
• TechnologyInnovation: PatentsandIPRightspolicy.

RetirementPlanning:

• ProvidentFund(PF) and Gratuity Contributions .

Why Join Us

At NPCI, you\u0027ll be part of a purpose-driven organization shaping the future of digital payments in India and beyond. NPCI offers a unique opportunity to work on cutting-edge projects that directly impact millions. We foster a culture of innovation, inclusion, and high performance, where every individual is empowered to lead with purpose and deliver with passion. With a strong focus on employee wellbeing, continuous learning, and collaborative success, NPCI is more than just a workplace - it\u0027s a platform to grow, contribute, and make a meaningful difference.

Position Title:Senior Associate IT Procurement
Year of experience: 2 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:

Due to the complexity of multi-vendor and multi-stakeholder environments, this position is essential to strengthen the team\u0027s procurement operations and ensure timely execution.

Requirements

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 bench marking
• 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

D. MIS and Reporting (10%)

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

E. 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