Procurement Specialist

Overview

Lead procurement activity across assigned categories for FNZ's global FinTech business, owning the procurement lifecycle from requirements and category strategy through sourcing, negotiation and contract signature, and ongoing supplier-performance and contract management.

What you'll do

• Lead procurement activity for assigned categories, applying category expertise to identify, prioritise and deliver opportunities and benefits for FNZ Group.
• Develop, own and execute category strategies aligned with business priorities, market insight, risk appetite and commercial objectives.
• Work collaboratively across business areas, constructively challenge requirements and influence stakeholders on the best commercial approach.
• Develop and lead strategic supplier relationships that deliver measurable value, service improvement and risk mitigation.
• Analyse global spend, demand and market trends to identify sourcing opportunities, commercial risks and areas for consolidation or improvement.
• Lead and influence commercial discussions to embed a strong cost culture across FNZ Group.
• Lead supplier negotiations and own commercial outcomes, including pricing, contractual protections, service levels and KPIs that meet FNZ and client requirements.
• Drive commercial and procedural improvements across the business in collaboration with relevant stakeholders.
• Own delivery against agreed savings and value targets, maintaining a clear and supportable record of benefits achieved.
• Maintain an accurate central record of all third-party agreements, obligations and requirements.
• Maintain an up-to-date view of Total Cost of Ownership (TCO) for third-party services throughout the Group.
• Report on value achieved and provide clear procurement communications to budget holders and other stakeholders.
• Lead and coordinate RFPs within the established procurement and approval framework, ensuring a robust, fair and well-documented process.
• Provide procurement and supplier-management expertise to the FNZ Group, acting as a trusted commercial partner to the business.
• Monitor, challenge and document supplier performance, including review of management information, SLAs and KPIs, and collection of client and end-user feedback.
• Oversee contract-management activity for assigned suppliers, tracking key obligations, renewal and termination dates, risks, issues and agreed actions in line with FNZ governance requirements.

What you'll need

• Demonstrable procurement experience with strong knowledge of one or more relevant categories.
• Proven experience developing and executing category strategies and leading sourcing activity through to commercial outcome.
• Strong supplier relationship, contract-management and supplier-performance management experience.
• Demonstrable experience leading negotiations, coordinating RFPs and delivering savings or other measurable commercial benefits.
• Strong stakeholder-management and influencing skills, including the confidence to challenge requirements and recommendations constructively.
• Experience analysing spend, Total Cost of Ownership and market data to support procurement decisions.
• Sound understanding of procurement governance, approvals, controls, risk management and record-keeping requirements.
• Strong project-management, prioritisation and organisational skills, with the ability to work accurately to tight deadlines.
• Excellent written and verbal communication skills in English.
• Strong Microsoft Excel skills and proficiency in Microsoft Word and PowerPoint.

Nice to have

• A relevant professional procurement qualification or equivalent practical experience.

Details

• Reports to the Head of Procurement & Supplier Management within the Global Operation and Delivery function.
• Location: Gurugram, India.