Team Member-IT Procurement-SUPPORT SERVICES-CTO - Support Services

Kotak Mahindra Bank; Mumbai; On-site; INR 4,500,000 - 6,000,000; Full time

Job summary

Kotak Mahindra Bank is seeking a Procurement Leader to manage IT devices and services including hardware, software, cloud, licenses, and professional services. The role involves partnering with businesses to secure favorable terms, driving cost reductions, and consolidating vendors to optimize spend.

Candidate should have deep technology procurement expertise, strong negotiations, and hands-on experience reading the market and managing spend with adherence to SOPs and policies.

Qualifications

• Lead procurement of IT devices and services (Hardware, Software, Cloud, Licenses, Professional Services, Resourcing).
• Partner with businesses to secure optimum procurement terms.
• Drive cost reduction and process improvements.
• Vendor consolidation and optimization.
• Research best services/products within budget.

Responsibilities

• Influence contract terms and ensure policy compliance.
• Ensure requests are processed per SOPs and terms.
• Create long-term savings by evaluating spend and exploring alternatives.
• Track spend data and audit procurement activities.
• Maintain high ethical and professional standards.

Skills

Procurement leadership

Negotiation

Communication

Market reading

Data-driven decision making

Budgeting & cost optimization

Education

Strong academic credentials

Job description

Job Description:

Sourcingfor Technology

Department: Information Technology

Location: Mumbai

Number of Positions: 1

• An exciting opportunity for a Procurement Leader who would be responsible for managing procurement of all IT devices and services including Hardware, Software, Application Implementation, Cloud, Licenses, Professional Services and Resourcing


• Partnering with businesses and supporting functions to enable them to get the most optimum procurement terms


• Improving the Business Process and Cost Reduction


• Vendor consolidation and optimization


• Conducting research for procuring the best services/ products in line with the budgets provided by networking with people


• Influencing and negotiating the contract terms and ensuring compliance to Companys Policy


• Ensuring proper control and compliance which processing of requests in line with the agreed SOPs and terms


• Building a culture of long-term saving on procurement cost by assessing, evaluating, and analyzing the spend and creating alternatives ways of procuring


• Tracking and analyzing data on spending and saving by improving efficiency and managing audit for procurement function


• Conducting all business with the highest ethical and professional standards

• Strong academic credentials from a reputed institute


• 10-12 years of experience in leading Procurement from Banking or Financial services


• Deep understanding of Technology


• Location Mumbai only


• Hands-on experience in procurement process and ability to read the market - Strong negotiations and influencing skills and prior networking with the partner/vendor firms - Strong decision-making ability and working with numbers


• Excellent Communication Skills


• Ability to handle multiple priorities and to meet deadlines in challenging

Requirements: