Position: Purchase lead

About Drip Capital

We are a US-based fintech company revolutionizing global trade for SMEs. At Drip Capital were redefining the future of trade finance and facilitation empowering small and medium-sized enterprises (SMEs) to scale internationally with ease.

With the global SME trade market exceeding $5 trillion our mission is to provide businesses in emerging markets with seamless access to capitaleliminating red tape and outdated processes. By leveraging cutting-edge technology we make trade finance fast efficient and hassle-free. Beyond financing we simplify trade and sourcing helping SMEs navigate global markets effortlessly.

Headquartered in Palo Alto California with offices in India Drip Capital is strategically positioned to meet the evolving needs of SMEs in emerging markets.

Backed by top investorsincluding Accel Peak XV Wing VC Sequoia India Y Combinator GMO SMBC Japan Barclays and IFCDrip has facilitated over $7 billion in trade across 10000 buyers and sellers. As we continue to grow we remain committed to transforming global trade for SMEs worldwide.

Role Overview:

We are looking for a dynamic and detail-oriented Purchase Lead to manage procurement operations for our sourcing business. This role will be responsible for identifying onboarding and managing suppliers negotiating commercial terms and ensuring timely and cost-effective sourcing of materials for our SME customers.

This is a strategic and operational role that will work closely with category managers logistics finance and risk teams to ensure procurement is aligned with business goals.

What Youll Be Doing:

• Lead end-to-end procurement and purchasing operations for assigned categories (e.g. base metals polymers agri etc.)

• Identify and onboard qualified suppliers ensuring compliance with internal quality and vetting standards

• Drive supplier negotiations to secure optimal pricing payment terms and delivery timelines

• Work closely with category managers and customers to understand demand forecasts and align sourcing plans accordingly

• Collaborate with logistics finance and risk teams to ensure smooth execution of orders and resolution of operational issues

• Maintain accurate records of POs contracts pricing and supplier performance

• Develop and maintain strong vendor relationships to support long-term sourcing strategy

• Monitor market trends and price movements to make informed purchasing decisions

• Implement cost optimization initiatives without compromising quality or servic
  
  

Required Qualification:

• Bachelors degree in Supply Chain Engineering Business or related field (MBA preferred)

• 8 years of relevant experience in procurement or purchasing preferably in raw materials or B2B sourcing

• Strong commercial acumen and negotiation skills

• Experience working in fast-paced environments or startups is a plus

• Familiarity with supplier on-boarding vendor audits and quality checks

• Proficiency in procurement systems (e.g. SAP Oracle or equivalent)

• Excellent communication and cross-functional collaboration skills

• Highly organized with strong attention to detail and analytical thinking
  
  

Why Join Us

• Be part of a rapidly growing fintech company revolutionizing trade finance and empowering global SMEs

• Lead a high-impact team with the opportunity to shape the future of collections and risk servicing

• Competitive compensation benefits and a collaborative work environment

• Drive innovation in the collections function contributing directly to the companys growth and success