Take your next career step at NeSL with an amazing team that is energizing the transformation of Financial Institutions.
NeSL is seeking an experienced and result-oriented procurement professional to lead and manage end-to-end procurement operations, ensuring timely, cost-effective, and policy-compliant procurement of goods and services. The incumbent will be responsible for vendor management, sourcing, contract negotiations, procurement planning, tendering/RFP processes, and implementation of procurement policies and governance frameworks.
Key Responsibilities
Procurement Operations
- Manage the complete procurement lifecycle for goods and services from requirement identification to purchase order issuance and vendor onboarding.
- Coordinate with user departments to understand procurement requirements and facilitate timely processing of procurement requests.
- Review procurement indents received from various departments and ensure preparation and processing of Purchase Requisitions (PRs) in accordance with approved procedures.
- Ensure procurement activities are completed within defined timelines while maintaining transparency and compliance.
Strategic Sourcing & Vendor Management
- Identify, evaluate, and empanel suitable vendors for procurement of goods and services.
- Develop and maintain a robust vendor database to ensure availability of qualified suppliers.
- Obtain quotations, analyze commercial and technical bids, and recommend the most suitable vendor in line with procurement policies and business requirements.
- Conduct periodic vendor assessments and performance evaluations based on quality, cost, service levels, and delivery performance.
- Build and maintain effective relationships with key suppliers and service providers.
Tendering & RFP Management
- Coordinate with user departments in preparing procurement specifications, tender documents, and Request for Proposal (RFP) documents.
- Manage the end-to-end tendering process, including publication of tenders/RFPs on company websites, newspapers, procurement portals, and other approved platforms.
- Ensure fairness, transparency, and adherence to procurement guidelines during bid evaluation and vendor selection.
Commercial Negotiations
- Lead commercial negotiations with vendors to achieve competitive pricing, favourable commercial terms, and optimal value for the organization.
- Drive cost optimization initiatives and identify opportunities for procurement efficiencies and savings.
Policy, Compliance & Governance
- Ensure effective implementation and adherence to the organization’s Procurement Policy and Standard Operating Procedures.
- Monitor procurement transactions to ensure compliance with internal controls, approval matrices, audit requirements, and regulatory guidelines.
- Support internal and external audits by providing procurement-related records and documentation.
- Recommend improvements in procurement processes, policies, controls, and governance mechanisms.
- Publish reports and dashboards on key procurement KRA’s and deliverables
Stakeholder Management
- Act as a key interface between procurement, user departments, finance, legal, and vendors.
- Provide procurement guidance and support to internal stakeholders to ensure efficient procurement planning and execution.
- Prepare procurement MIS reports, vendor performance reports, and management presentations as required.
Desired Candidate Profile
Education
- Bachelor’s Degree, Commerce, Management, Supply Chain, Procurement, or related discipline.
- MBA / PGDM in Supply Chain Management, Operations, Procurement, or related field will be preferred.
Experience
- 7-12 years of relevant experience in procurement, sourcing, tendering, and vendor management.
- Experience in handling procurement operations for a reputed Indian corporate, financial services organization, PSU, or regulated sector organization is preferred.
- Proven experience in managing RFPs, vendor selection processes, and contract negotiations.
- Exposure to the ISMS environment preferred.
Key Competencies
- Strong knowledge of procurement processes, sourcing strategies, and vendor management.
- Sound understanding of procurement governance, compliance, and policy implementation.
- Excellent negotiation and commercial acumen.
- Strong analytical and evaluation skills.
- Ability to manage multiple stakeholders and priorities.
- Effective communication, presentation, and interpersonal skills.
- Proficiency in ERP systems, MS Excel, Word, PPT and procurement management tools.
Key Success Measures
- Timely closure of procurement requirements.
- Cost optimization and value realization from procurement activities.
- Compliance with procurement policy and audit standards.
- Effective vendor performance management.
- Improvement in procurement efficiency and stakeholder satisfaction.
Location: Bangalore
Experience: 7-12 Years
Reporting To: Head –HR & Administration
Why Join NeSL
Join NeSL, India’s pioneering Information Utility, and play a critical role in enabling efficient, transparent, and governance-driven procurement practices that support the country’s evolving financial infrastructure. This is a unique opportunity to lead strategic sourcing, vendor management, procurement transformation, and policy implementation initiatives within a highly regulated and technology-driven environment. As a Senior Manager / Chief Manager – Procurement, you will work closely with business leaders and key stakeholders across the organization, driving value creation through cost optimization, process excellence, vendor partnerships, and robust procurement governance. The role offers exposure to enterprise-wide initiatives, opportunities to influence organizational decision-making, and the chance to contribute to the growth of a market-leading institution that is shaping the future of India’s digital financial ecosystem.
What we offer
An exciting work experience in a class apart company and industry leader whose mission is to provide a fully digital and superior experience in documentation, authentication, storage and access of financial and operational debt obligations in the country, held as evidence, through its entire journey starting from contract execution and to be the most complete and current information repository in the country for loans and debt obligations.
More About us
NeSL is India’s first Information Utility and is registered with the Insolvency and Bankruptcy Board of India (IBBI) under the aegis of the Insolvency and Bankruptcy Code, 2016 (IBC). The company has been set up by leading banks and public institutions. The primary role of NeSL is to serve as a repository of legal evidence holding the information pertaining to any debt/claim, as submitted by the financial or operational creditor and verified and authenticated by the parties to the debt.
We Value Diversity
At NeSL, we have the clear goal of driving diversity and inclusion across all dimensions: gender, abilities, ethnicity and generations. We welcome applications for employment from all qualified candidates, regardless of race, colour, gender, ethnic origin, age, disability, religion, gender identity or any other status projected by applicable law. We comply with all applicable laws in every jurisdiction in where we operate.
Last Date to Apply: 22nd Oct, 2026
To Apply
Email your resume to hr@nesl.co.in with Subject line – “Senior Manager / Chief Manager – Procurement”