Chief Manger - Strategic Sourcing and Governance || Bank

Chief Manager/ Senior Manager – Strategic Sourcing & Procurement Governance
Function: Supply Chain Management (SCM) / Procurement
Experience: 10+ Years
Location: Gurugram
Employment Type: Full-time, On-roll
Role Type: Individual Contributor (IC)
Reporting To: Head – SCM
About the Role
We are looking for a Chief/ Senior Manager – Strategic Sourcing & Procurement Governance to drive strategic procurement initiatives and strengthen procurement governance across the organization.
The role will focus on sourcing Professional Services, Consulting, Audit Services, Banking Tools & Technology, and Technical Manpower, while ensuring compliance with procurement policies, internal controls, regulatory requirements, and audit standards.
Key Responsibilities
Strategic Sourcing & Procurement
Manage the end-to-end sourcing lifecycle, including requirement gathering, RFP/RFQ management, vendor evaluation, negotiations, vendor finalization, and contract execution.
Drive strategic sourcing for professional services, consulting, audit engagements, banking tools, and technical manpower.
Identify cost optimization opportunities through market intelligence, benchmarking, and effective negotiations.
Ensure timely procurement execution while maintaining quality, compliance, and cost efficiency.
Procurement Governance & Compliance
Act as the custodian of procurement governance, ensuring adherence to SCM policies, SOPs, DOA, contracting guidelines, and regulatory requirements.
Monitor procurement transactions, identify process deviations, and strengthen internal controls.
Drive procurement compliance reviews, audit readiness, and corrective action plans.
Vendor Risk & Contract Management
Manage vendor onboarding, due diligence, and compliance screening.
Oversee vendor risk assessments, including blacklist checks, regulatory screening, ROC verification, and other relevant compliance checks.
Ensure proper contract execution, centralized contract repository management, renewals, and agreement tracking.
Monitor vendor performance and conduct periodic vendor performance reviews.
Audit, MIS & Stakeholder Management
Coordinate procurement-related internal and external audits and ensure timely closure of audit observations.
Prepare procurement MIS, spend analytics, compliance reports, and management dashboards.
Partner with Legal, Finance, Compliance, Risk, Information Security, and business teams to ensure seamless procurement execution.
Drive procurement awareness, process improvements, automation, and policy enhancement initiatives.
What We’re Looking For
10–15 years of overall experience, with at least 8 years of relevant experience in Procurement, Strategic Sourcing, Procurement Governance, or Compliance Management.
Strong experience in sourcing and procurement of:
Professional & Consulting Services
Audit Services
Banking Tools & Technology Services
Technical Manpower / Resource Augmentation
Experience in procurement audits, vendor governance, contract management, and regulatory compliance.
Strong negotiation, stakeholder management, analytical, and problem-solving skills.
Working knowledge of ERP platforms, procurement workflows, Microsoft Excel, Power BI, and Procurement MIS reporting.
Knowledge of contract lifecycle management and procurement governance frameworks.
Interested candidates can share their updated CV at sanjana@beanhr.com

Work arrangement
No