Senior Associate, Specialist Technology Procurement, Technology and Operations

DBS Bank Ltd; Mumbai City; Presencial; INR 1.500.000 - 2.700.000; Jornada completa

Descripción de la vacante

DBS Bank Ltd in Mumbai is seeking an experienced Sourcing professional to lead end-to-end IT procurement across infrastructure, software, cybersecurity, data centers, and professional services. You will shape multi‑year category strategies aligned with the bank’s digital transformation and risk controls.

The role demands advanced contract negotiation, TCO/ROI analysis, and strong stakeholder management with CIOs, CTOs, Finance and Legal.

Formación

• Bachelor’s degree in Engineering; MBA an added advantage.
• 8–10 years of progressive IT procurement / strategic sourcing in regulated banking.

Responsabilidades

• Lead end-to-end procurement projects for major technology portfolios (IT Infrastructure, software, cybersecurity, data centers, and IT professional services).
• Develop multi-year category strategies aligned with digital transformation and operational goals.
• Drive complex commercial negotiations with tier-1 technology vendors to reduce TCO.
• Establish pricing models, volume discounts, and favorable SLAs; conduct reverse auctions.
• Ensure regulatory compliance of vendor engagements; perform risk assessments with Risk/Law teams.
• Manage vendor lifecycle, renewals, disputes, and rationalization.
• Collaborate with CIOs/CTOs/Finance/Legal to forecast technology demand and streamline P2P.

Conocimientos

Contract negotiation

Advanced Excel

Stakeholder management

Financial modeling

Risk mitigation

Educación

Bachelor’s degree in Engineering

MBA

Herramientas

COUPA

Descripción del empleo

Role Overview

• Department: Group Procurement / Technology & Operations
• Key Focus: Driving cost optimization, mitigating third-party risk, and ensuring strict regulatory compliance in a highly secure financial environment.

Key Responsibilities and Requirements

• Strategic Sourcing & Category Management:

  • Lead end-to-end procurement projects for major technology portfolios, including IT Infrastructure – Switches, Routers, Storage, core banking applications, cybersecurity solutions, data centers, and IT professional services.
  • Develop multi-year category strategies aligned with the bank’s digital transformation and operational goals.

• Commercial Negotiation & Cost Optimization:

  • Drive complex commercial negotiations with major tier-1 technology vendors to achieve Total Cost of Ownership (TCO) reductions.
  • Establish pricing models, volume discounts, and favorable service level agreements (SLAs).
  • Conduct Reverse Auctions to discover pricing

• Risk & Regulatory Compliance:

  • Ensure all technology vendor engagements adhere to financial regulatory frameworks
  • Partner with Risk, Information Security, and Legal teams to perform vendor due diligence and risk assessments.

• Vendor Lifecycle & Relationship Management (SRM):

  • Manage strategic vendor performance reviews, contract renewals, dispute resolution, and vendor rationalization.

• Stakeholder & Team Leadership:

  • Collaborate with internal business partners (CIOs, CTOs, Finance, and Legal) to forecast technology demand and streamline the procure-to-pay (P2P) lifecycle.

• Education: Bachelor’s degree in Engineering with MBA from reputed institute shall be an added advantage

• Experience: 8 to 10 years of progressive experience in IT procurement, strategic sourcing, or commercial management, with significant exposure to a regulated banking or financial services environment.

• Technical Knowledge: Deep understanding of software licensing metrics, cloud consumption models, hardware infrastructure, and IT service agreements.

• Skills: Advanced contract negotiation, Advance excel skills, executive-level stakeholder management, financial modeling (TCO/ROI analysis), and risk mitigation.

• Tools & Certifications: Familiarity with e-procurement platforms, COUPA etc

Location:

Mumbai

Job:

Sourcing

Schedule:

Regular

Employee Status:

Full time