Jr. Category Manager Business Services Category, Procurement Bangalore

Develop and deliver a comprehensive category strategy ensuring alignment with provided materials for consistency. Attain in-depth knowledge of your marketsincluding sub-categories regional developments and trendsas well as the supplier base. Additionally understand both the current and potential needs of your stakeholders.

• Strategic Supplier Negotiations: Leverage Suppliers fiscal pressures market conditions and contract anniversaries to secure deeper discounts optimized rate cards and value-added services. Prioritize high-spend categories and suppliers with consolidation or rebate potential.

• Critical Review of all 2026 Renewals: Conduct a challenge process for every renewal focusing on eliminating low value subscriptions or services renegotiating pricing for under utilized offerings bundling opportunities for improved commercial value and driving competitive pressure before renewal deadlines.

• Competitive RFX Pipeline: Continue to get ahead of renewal opportunities and accelerate competitive bidding to drive market-based pricing.

• Strategic Partnerships: Focus on long-term relationships with key suppliers which can lead to shared innovation and priority access to materials which protects against volatile market disruptions and enhanced savings

• Supplier Consolidation to Achieve 3% Reduction: Rationalize the supply base by shifting volume to preferred high performing suppliers. Consolidation increases leverage improves service consistency and reduces administrative overhead directly contributing to the 3% consolidation target.

• Demand Management: Prevent unnecessary purchases before they happen. Can eliminate rogue or maverick spend which often accounts for significant value leakage.

• Promptly monitor verify and submit accurate savings information to The Bank.

• Actively managing tail spend - Focus on Candex or consolidation to top vendors.

• Effective control practices: Educate and align stakeholders on Strategic Sourcing best practices policy & process. Align to TPMO program manage risk effectively.

• DEI: Work with DEI team to identify opportunities for the inclusion of Diverse suppliers in sourcing events

• Responsible for maintenance of procurement processes and procedures.

• Supports and monitors supplier adherence to contracts manage suppliers via supplier activity reporting and business/performance reviews support and conduct supplier scorecards supplier rationalization and demand management opportunities.

• Manages and supports regulatory and compliance requirements (e.g. OFAC FCPA Spend Analysis Client Relationships).

• Management of supplier fitness including analyzing overall business and financial performance of potential and existing suppliers.

• Serves as technical expert with in-depth knowledge in area of procurement and supply chain management with strong knowledge of other areas

Category: Business Services Categories Management (Insurance Training and Transcription Notary other services categories)

• Category Strategy: Conduct in-depth analysis of Business services category spend identify & collaborate with key stakeholders for long term and short-term strategies develop robust category management strategy includingapproved channels of purchase

• Demand planning: Develop a strong demand pipeline based on key business priorities plan sourcing activities for new requirement renewals and maintenance.

• Contract management: Review and manage up to date record of contracts in Coupa. Review for spend leakage & Contract compliance - Invoice alignment with Contracts. Establish contracts with key vendors build influential connects with vendor.

• Category governance: Develop & implement robust category governance - contracts spend concentration with key suppliers Invoice compliance to contract & spend leakage. Leverage alternate procurement channels for low risk spends explore Coupa catalog for standardized services based on contracted rate card.

• Relationship management: Conduct reviews evaluate new trends.

Knowledge:

• In depth knowledge of supply chain management and procurement. Demonstrated experience in sourcing for indirect categories (e.g. IT).

• Strong analytical sourcing negotiation and communication skills. Technically adept with basic application software; proficient in MS Office Suites with advanced Excel skills.

• Experience with ERP system/ Peoplesoft. Demonstrated success in time management; superior project management skills attention to detail; thorough and organized.

Experience:

• 10 years of experience in Sourcing or Procurement related field or an equivalent combination of education and work experience.

• Graduation or above degree in Business Supply Chain Management MBA or other advanced degree and a professional Procurement/ Supply Chain Management designation (e.g. CSCP CPM) are a strong plus.

Internal Eligibility Criteria:

• 24 months as Consultant to move to Senior Consultant

• 12 months as Senior Consultant for lateral movement