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Full-time
bachelor degree, professional certificate
Medical Insurance, Personal Accidental Insurance, Group Term Life Insurance, Annual Health Checkup, Dental Benefits, OPD Benefits
Posted 12d ago
Apply by Aug 30
~40 hrs/week
Responsibilities
The role involves managing short- and long-term sourcing plans and annual spend across business functions to achieve cost savings. Responsibilities include leading supplier selection, negotiating contracts, and ensuring compliance with regulatory and internal audit requirements.
Requirements
Candidates must have a graduation degree along with a certification in procurement or supply chain management. The role requires 9-12 years of overall experience, with 6-8 years specifically in team handling or domain-related functions.
Full job description
About Us
SBI Card is a leading pure-play credit card issuer in India, offering a wide range of credit cards to cater to diverse customer needs. We are constantly innovating to meet the evolving financial needs of our customers, empowering them with digital currency for seamless payment experience and indulge in rewarding benefits. At SBI Card, the motto 'Make Life Simple' inspires every initiative, ensuring that customer convenience is at the forefront of all that we do. We are committed to building an environment where people can thrive and create a better future for everyone.
SBI Card is proud to be an equal opportunity & inclusive employer and welcome employees without any discrimination on the grounds of race, colour, gender, religion, creed, disability, sexual orientation, gender identity, marital status, caste etc. SBI Card is committed to fostering an inclusive and diverse workplace where all employees are treated equally with dignity and respect which makes it a promising place to work.
Join us to shape the future of digital payment in India and unlock your full potential.
What’s in it for YOU
SBI Card truly lives by the work-life balance philosophy. We offer a robust wellness and wellbeing program to support mental and physical health of our employees
Admirable work deserves to be rewarded. We have a well-curated bouquet of rewards and recognition program for the employees
Dynamic, Inclusive and Diverse team culture
Gender Neutral Policy
Inclusive Health Benefits for all - Medical Insurance, Personal Accidental, Group Term Life Insurance and Annual Health Checkup, Dental and OPD benefits
Commitment to the overall development of an employee through a comprehensive learning & development framework
Role Purpose
The role is responsible for managing the preparation short- and long-term sourcing plans and annual spend across business functions with the aim of cost saving in a manner which benefits the organization.
Role Accountability
Manage the preparation of short- and long-term sourcing plans and manage annual spend across business functions - gather information on the market trends and current market price points, create information repository & share the latest insights with the management, use the market benchmarks of other large organizations in order to improve current price points
Prepare and manage data driven commodity strategies to attain YOY cost saving
Lead supplier development and sourcing activities in supplier selection and qualification for assigned products & services
Manage and organize TPNC meetings for seeking approvals for high value contracts including maintaining repository of TPNC minutes
Drive supplier productivity, quality, and services to improve supplier performance and meet business operation targets
Obtain the necessary inputs from the user group; float request for RFP and RFQ, carry out commercial negotiation (manual / reverse auction) with suppliers, benchmark & evaluate supplier commercials internally and externally
Carry out price correction wherever possible, seek necessary internal approvals; close terms and conditions with vendors; engage with potential vendors at regular intervals in order to maximize value creation for the organization
Understand all invoice level tax structures to be able to evaluate TCO level costing for projects /initiatives
Ensure contract management of active vendors count. Evaluate and negotiate contracts, renewal, addendum in accordance with company policy
Approval of Purchase orders within agreed TAT
Ensure compliance and adherence to regulatory requirements such as CVC, DPE and GFR, ensure satisfactory rating in Internal Audit, CAG, RCSA
Ensure process documentation and compliance adherence
Measures of Success
Saving Target: YOY delivery of saving (hard & soft saving) over defined Purchase base
Delivery of services: Maintain TAT of RFP/RFI, PO and contract renewal
Audit compliance : Ensure satisfactory rating in audits
Timely and accurate updating of process documentation
Process Adherence as per MOU
Technical Skills / Experience / Certifications
Understanding of Oracle and ERP related projects
Expertise in project/program management
Competencies critical to the role
Negotiation Skills
Stakeholder Management
Analytical Ability
Teamwork & Collaboration
Qualification
Graduation + Certification in procurement / Supply chain management
SBI Card was launched in 1998 with the State Bank of India, India's largest bank, as the majority stakeholder. In March 2020, SBI Card was listed on BSE and NSE. Today, SBI Card is India’s largest pure-play credit card issuer with over 22.1 million cards in force, as of FY26. Its wide array of products and services caters to a diverse range of customer segments across India, right from new-to-credit to super premium. The SBI Card brand is based on the value proposition of 'Make Life Simple'. The proposition manifests in SBI Card’s continuous efforts to simplify the lives of its customers, employees, and other key stakeholders. Customer centricity, supported by the values of trust and transparency, is core to SBI Card’s ethos.
Offices: Infinity Tower, DLF City Phase 2, Gurgaon, Haryana 122002, IN
Credit Cards & Value-added payment products and servicesFinancePaymentsFinancial ServicesPersonal Branding
How many Consulting jobs are open in Gurgaon, India right now?
There are currently 1,623 open consulting positions in Gurgaon, India listed on Clera. New openings are added daily as companies post roles.
Which companies are hiring for Consulting roles in Gurgaon, India?
Companies currently hiring include Genpact, EY, KPMG India, Ramboll, Boston Consulting Group (BCG), among others. Browse the listings above to see every active employer.
Are there remote or hybrid Consulting jobs in Gurgaon, India?
Yes — 487 of the 1623 open consulting positions offer remote or hybrid work (39 remote, 448 hybrid).
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