Associate - Sourcing Manager (Procurement Operations)

Role overview

This role sits within procurement operations and focuses on supporting sourcing and category management work for technology and related business areas. The position calls for a mix of analysis, supplier management, contract support, negotiation, compliance, and stakeholder coordination across local, regional, and global teams.

Key responsibilities

• Support category management outcomes by gathering and analyzing data such as product and service insights, historical spend, total procurement opportunity data, line-of-business inputs, and market intelligence, while working with procurement operations, SRM, and onshore partners to build findings and recommendations.
• Contribute to supplier management activities including analysis of gold and diverse supplier spend, supplier segmentation, preferencing, capability assessment, and rationalization.
• Assist with commercial work by helping negotiate savings to P&L and EPD-enabled spend.
• Support contract management efforts, including improvements to MSA and SLA terms.
• Help ensure compliance with ADA, Secondary Data Use Restrictions, and purchasing channel requirements.
• Build productive working relationships with senior leaders in technology sourcing and other business lines to understand business drivers and third-party engagement needs.
• Make sure third-party vendor relationships and channel usage align with strategic priorities.
• Lead the planning and delivery of sourcing strategies for major sourcing events and transactions.
• Identify supplier candidates that are capable of meeting the organization’s requirements.
• Perform detailed supplier due diligence when needed.
• Work with line-of-business clients and other stakeholders to define sourcing requirements.
• Design and run competitive sourcing processes to secure the best value from suppliers.
• Assess competitive supplier proposals and present sourcing options aligned to business needs.
• Lead negotiations on commercial terms and guide the contract drafting, approval, and execution process.
• Follow all policy and procedural standards throughout the sourcing lifecycle.
• Collaborate with global teams and clients on sourcing projects at local, regional, and global levels.
• Work closely with legal, risk, third-party oversight, and finance partners to complete complex negotiations and initiatives successfully.
• Ensure selected vendors remain aligned with SLA commitments through coordination with internal partners and client teams.
• Carry out detailed cost and spend analysis to develop target savings initiatives through multiple cost-reduction methods.

Requirements

• Strong background in technology sourcing, especially with global and regional third-party providers.
• Deep knowledge of sourcing, contracting, and procurement practices.
• Excellent written and spoken communication skills, along with strong interpersonal ability and sound judgment.
• Proven ability to manage multiple priorities and deliver complex assignments or negotiations within tight timelines.
• Capability to work effectively with management at all levels across all regions of the bank.

Additional information

This is a full-time, onsite position based in Bengaluru, Karnataka, India. No stipend or salary figure was provided in the source, and no opening count, notice period, start date, or application deadline was specified.