Director, Procurement – 12-month contract

Momentum

. Execute the annual procurement plan, category strategies, sourcing pipeline, and savings roadmap .

Posted 9/25/2026contractHyderabad • IndiaLeadWebsite

Tech Stack

Tools & technologies

CloudERP

About the role

Key responsibilities & impact

Execute the annual procurement plan, category strategies, sourcing pipeline, and savings roadmap
Identify consolidation, cost optimization, competitive sourcing, and contract improvement opportunities using spend, market, supplier, and demand analysis
Establish sourcing and negotiation strategies for IT, software, cloud, telecom, hardware, and operational categories
Advise senior leadership on market trends, procurement risks, commercial options, investment trade-offs, and supplier strategies
Lead complex sourcing engagements from intake and market assessment through competitive process, negotiation, approval, and contract execution
Direct RFIs, RFQs, and RFPs; establish evaluation criteria; facilitate stakeholder scoring; conduct commercial analysis; and present recommendations and business cases
Negotiate strategic supplier terms including pricing, service levels, liability, risk allocation, implementation commitments, renewal protections, and other contractual terms
Partner with Legal and control functions to resolve complex issues and escalate material decisions
Oversee renewals, amendments, change orders, and Statements of Work
Own procurement policies, approval standards, sourcing and contracting playbooks, and compliance controls
Coordinate supplier onboarding, due diligence, and contracting with Legal, Information Security, Risk, Finance, and other reviewers
Manage vendor governance and performance, including service reviews, scorecards, remediation plans, executive escalation, and renewal decisions
Maintain visibility into contract obligations, renewals, concentration risks, service issues, and commercial exposures
Own procurement trackers, contract pipeline, renewal calendar, spend reporting, and leadership dashboards
Define and report procurement KPIs, including savings, cost avoidance, cycle time, sourcing activity, contract completion, renewal readiness, supplier performance, and onboarding progress
Drive process improvement through workflow redesign, automation, standardized templates, user guidance, and source-to-contract, CLM, ERP, and reporting tools
Lead, coach, and develop Procurement team members; allocate work, set priorities, review quality, and build capabilities
Build relationships with business leaders and provide timely, practical, commercially sound support
Represent Procurement in governance forums and lead supplier executive engagements, QBRs, and escalations

Requirements

What you’ll need

12 or more years of progressive experience in procurement, strategic sourcing, vendor management, or commercial contracting
Leadership of complex and high-value engagements
People leadership, coaching, work allocation, and quality oversight experience; formal team-management experience strongly preferred
Strong experience negotiating IT agreements, including SaaS, AI, cloud, hardware, telecom, and professional services, as well as operational supplier agreements
At least five years of procurement experience in financial services
Understanding of third-party risk, governance, privacy, information security, and regulatory considerations
Ability to develop category strategies, lead competitive sourcing events, build executive-ready business cases, and deliver measurable savings and cost avoidance
Working knowledge of contract structures, service levels, pricing models, liability allocation, implementation commitments, and supplier remedies
Advanced analytical and financial skills, including spend analysis, forecasting, total-cost-of-ownership analysis, benchmarking, and executive dashboards
Advanced Excel proficiency
Excellent executive communication, influencing, negotiation, and stakeholder-management skills
Experience with CLM, ERP, source-to-contract, or procurement platforms such as GEP, Coupa, SAP Ariba, or Ivalua; implementation or optimization experience is an asset
Bachelor's degree in Business, Supply Chain, Finance, Law, or a related discipline is required
Ability to collaborate with stakeholders across North American time zones in a remote working environment

Benefits

Comp & perks

Remote working environment
Opportunity to contribute to meaningful, responsible innovation
Work supporting employees, clients, and communities
Future-focused organization valuing innovation and integrity