Senior Associate IT Procurement

NPCI International; Mumbai; On-site; INR 1,000,000 - 1,500,000; Full time

Benefits offered by this job

Comprehensive medical and life insurance

Employee Assistance Program

Annual Wellness Bouquet

Relocation support

Mobile reimbursement

Reward & Recognition Program

Job summary

NPCI International is seeking a Senior Associate for IT Procurement to oversee sourcing and procurement operations. The ideal candidate will manage complex proposals and vendor relationships, ensuring compliance with IT procurement policies.

With 2-6 years of experience, proficiency in D365 and strong contract management skills are essential. Join NPCI to contribute to India's digital payments landscape and work with a team dedicated to innovative solutions.

Qualifications

• 2 to 6 years of experience in procurement.
• Strong understanding of contract management and compliance.
• Familiarity with RFP processes and vendor management.

Responsibilities

• Review Procurement Requests and define engagement terms.
• Drive RFPs and manage the quotation process.
• Ensure compliance with procurement policies.

Skills

Sourcing and procurement expertise

Knowledge of GST

Market intelligence

Contract management knowledge

Software application procurement

IT staff augmentation

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's 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.

Our Culture

At NPCI, we foster a culture of Inclusion, Innovation, and a High-Performance Workplace. The NPCIWAY is not just a framework - it’s a shared commitment by every individual to align with our evolving business needs, dynamic market conditions, and workforce expectations.

• Forward Thinking Mind-Set
• Customer First
• Lead With Purpose
• Passion to Deliver
• All Succeed Together

Employee Perks and Benefits

• Insurance & Wellness: Comprehensive Coverage – Medical, accidental, and life insurance.
• Employee Assistance Program: Onsite medical center, financial/legal counselling, mental wellness.
• Annual Wellness Bouquet: Holistic wellbeing support.

• Family & Childcare – Parental Leave: Inclusive maternity and paternity leave.
• Daycare Support: Assistance for working parents.

• Mobility & Lifestyle – Mobility Benefits: Relocation, transfers, and travel support.
• Home Loan Interest Support: Up to 50% reimbursement.
• Mobile Reimbursement: New handset every 2 years.
• Car Lease, Salary Advance, Subsidized Meals.
• Reward & Recognition Program.
• Technology Innovation: Patents and IP Rights policy.

• Retirement Planning – Provident Fund & Gratuity Contributions.

Why Join Us

At NPCI, you’ll 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’s 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’s procurement operations and ensure timely execution.

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 benchmark
• 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