Procurement Manager

We are seeking an experienced Procurement Manager to oversee the sourcing and procurement of goods and services essential for our NBFC's operations. The ideal candidate will have a strong understanding of financial regulations, vendor negotiation, contract management, and cost optimization strategies tailored to a financial services environment.

Key Responsibilities:

• Develop and implement procurement strategies aligned with company goals
• Source and negotiate with vendors to ensure quality and cost efficiency
• Manage vendor relationships, contracts, and SLAs
• Collaborate with Finance, Legal, and Operations teams to streamline purchasing processes
• Ensure procurement policies are compliant with financial and regulatory norms
• Monitor and forecast procurement trends to avoid bottlenecks
• Maintain procurement documentation, reports, and audits

Key Requirements:

• Bachelor's degree in Business Administration, Supply Chain Management, or related field (MBA preferred)
• 5–10 years of experience in procurement, ideally in NBFC/BFSI
• Knowledge of regulatory and compliance requirements for financial institutions
• Proven experience in vendor management and contract negotiation
• Strong analytical, budgeting, and problem-solving skills
• Familiarity with procurement tools like SAP, Oracle, Ariba, etc.

Preferred Qualifications:

• Experience in IT procurement and facilities management
• Exposure to cost-saving initiatives in a regulated environment
• Strong understanding of internal audit, risk, and compliance processes

About Kissht:

Kissht, a Great Place to Work® certified organization, is a consumer-first credit app that is transforming the landscape of consumer credit. As one of the fastest-growing and most respected FinTech companies, Kissht is a pioneer in data and machine-based lending. With over 15 million customers, including 40% from tier 2 cities and beyond, we offer both short and long-term loans for personal consumption, business needs, and recurring expenses.

Founded by Ranvir and Krishnan, alumni of IIT and IIM, and backed by renowned investors like Endiya Partners, the Brunei Investment Authority, and the Singapore Government, Kissht is synonymous with excellence in the industry. Join us and be a part of a dynamic, innovative company that is changing the future of financial technology.