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Procurement Manager
Equiniti
Chennai, Tamil NaduSalary not disclosed6–8 years expDay ShiftPosted 4d ago0 views
Actively Hiring
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Check My Resume FreeJob Description
Role Overview
EQ Retirement Solutions is a global leader in retirement and pensions administration, serving over 11 million pension scheme members and policyholders across the world. With nearly two centuries of industry expertise and a workforce of over 1200 professionals, the organisation is driven by a commitment to delivering innovative, reliable and customer-focused retirement services. We are hiring an experienced Procurement Manager to join our growing Procurement function based in Chennai.
Key Responsibilities
- Lead end-to-end sourcing and tendering activities to achieve commercial, operational and strategic objectives
- Develop and execute category strategies aligned with business priorities
- Manage supplier relationships, monitor performance, assess risk and ensure quality standards are maintained
- Support contract negotiations, renewals, variations and ongoing governance processes
- Provide commercial insight and market intelligence to inform decision-making across the business
- Ensure all procurement activities comply with internal policy, regulatory obligations and best practice frameworks
- Partner with internal stakeholders to understand business requirements and deliver optimal procurement outcomes
- Drive savings, cost avoidance and value creation through strategic procurement initiatives
- Oversee supplier onboarding processes and ensure all required controls are consistently met
- Produce tender documentation and manage competitive procurement processes including RFx activities
- Maintain accurate procurement records, contract registers and reporting data
- Support continuous process improvement initiatives across procurement and supplier management functions
Required Qualifications
- Strong knowledge of procurement governance, compliance and contract law
- Proven experience in strategic sourcing, category management or end-to-end procurement delivery
- Demonstrated ability to manage multiple procurement projects simultaneously
- Strong stakeholder engagement, influencing and negotiation capabilities
- Proven track record in supplier performance management and risk management
- Commercial acumen with the ability to interpret financial and contractual information
- Excellent analytical skills with the ability to draw insights from procurement data
- Strong written and verbal communication skills
- Experience working in regulated environments is preferred
- MCIPS qualification or active progress towards it is preferred
Why Join Us
At EQ Retirement Solutions, you will be part of a purpose-driven organisation making a meaningful difference to how people plan for their financial future. We offer a comprehensive benefits package, a collaborative work culture and excellent opportunities for professional growth.
Requirements
- Strategic sourcing and category management expertise
- Knowledge of procurement governance, compliance and contract law
- Experience with RFx processes and competitive tendering
- Supplier performance and risk management skills
- Strong negotiation and stakeholder engagement abilities
- Commercial and financial acumen
- Analytical skills with data interpretation capability
- Excellent written and verbal communication skills
- Ability to manage multiple projects simultaneously
- Experience in regulated environments (preferred)
- MCIPS qualified or working towards qualification (preferred)
Benefits
- 3 additional leave days over and above statutory requirements
- 2 voluntary leave days for CSR initiatives
- Business certification expense reimbursement
- Comprehensive medical assurance coverage for dependents and parents
- Cab transport for staff working UK and US shifts
- Accidental and life cover equal to 3 times CTC
Frequently Asked Questions
How to apply for Procurement Manager at Equiniti?
Contact the company directly.
What is the salary for this role?
Salary details will be discussed during the interview.
What experience is required?
6–8 years of experience is required.
Is this position still open?
Yes, this position is currently active and accepting applications.
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