Senior Associate, Specialist Technology Procurement, Technology and Operations

DBS Bank Ltd; Hinoba-an; On-site; PHP 990,000 - 1,650,000; Full time

Job summary

DBS Bank Ltd in Mumbai seeks a Senior Associate of Technology Procurement to drive strategic sourcing for IT infrastructure, software and services, and lead end-to-end procurement projects.

You will optimize costs, govern major vendors, negotiate contracts, and ensure regulatory compliance within a highly secure financial environment.

Cross-functional collaboration with CIOs, CTOs, Risk, Legal and Finance will shape the P2P lifecycle from demand forecasting to contract renewals.

Qualifications

• 8–10 years of progressive IT procurement/strategic sourcing experience in a regulated banking/financial services environment.
• Bachelor's in Engineering; MBA are advantageous.
• Deep understanding of software licensing, cloud models, hardware infra, and IT service agreements.
• Advanced contract negotiation, Excel, executive stakeholder management, and financial modeling (TCO/ROI).

Responsibilities

• Lead end-to-end procurement for major technology portfolios (IT infra, software, services).
• Drive cost optimization and vendor negotiations to reduce TCO.
• Ensure regulatory compliance; collaborate with Risk, Legal, IT teams for due diligence.
• Manage SRM, contract renewals, disputes, and vendor governance.
• Forecast technology demand with CIO/CTO and streamline P2P lifecycle.

Skills

Contract negotiation

Excel

Stakeholder management

Financial modeling

Risk mitigation

Education

Bachelor's degree in Engineering

MBA (advantageous)

Tools

COUPA

Job description

Senior Associate of Technology Procurement

A Senior Associate of Technology Procurement shall be driving strategic sourcing, contract negotiations, and vendor governance for critical IT infrastructure, software, and services.

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, advanced excel skills, executive-level stakeholder management, financial modeling (TCO/ROI analysis), and risk mitigation.


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

Job Details

Location: Mumbai

Job: Sourcing

Schedule: Regular

Status: Full time

About DBS

DBS is more than a bank - we're shaping the future of finance and communities. With innovation at our core and impact in our DNA, we go beyond banking to build careers, relationships, and a better world. DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia.

Recognised for its global leadership, DBS has been named "World's Best Bank" by Global Finance, "World's Best Bank" by Euromoney and "Global Bank of the Year" by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named "World's Best Digital Bank" by Euromoney and the world's "Most Innovative in Digital Banking" by The Banker. In addition, DBS has been accorded the "Safest Bank in Asia" award by Global Finance for 15 consecutive years from 2009 to 2023.

DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region's most dynamic markets and is committed to building lasting relationships with customers.

With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities.