Job Description

Gurugram

Role Overview



The Procurement Manager will own end-to-end sourcing and vendor management for trading-critical infrastructure and services. This role works closely with Quant, Infrastructure, Network Engineering, Finance, and Legal teams to ensure NK Securities has uninterrupted, low-latency, and scalable infrastructure at optimal cost and risk.



Key Responsibilities

1. Strategic Sourcing & Vendor Management

Own sourcing strategy for IT hardware, networking equipment, collocations, telecom, market data, cloud/SaaS, and professional services

Run RFPs/RFQs, vendor evaluations, and commercial negotiations

Build and manage a preferred vendor ecosystem across India and global markets

2. Trading Infrastructure Procurement

Partner with Infrastructure & Network Engineering teams to procure:

Servers, switches, NICs, FPGA-based systems

Low-latency networking, cross-connects, racks, power and cooling

Understand and translate technical specifications into procurement requirements

Manage vendor lead times, testing cycles, and deployment readiness

3. Contracting & Commercial Negotiation

Negotiate pricing, SLAs, MSAs, NDAs, warranties, and renewal terms

Work with Legal to ensure compliance on:

Data protection, Export/import regulations, Vendor confidentiality and IP protection

Own contract lifecycle management and renewals

Establish standard operating procedures (SOPs) for procurement activities

Ensure compliance with internal controls, approvals, and documentation standards

4. Cost Control & Budget Ownership

Manage CAPEX and OPEX forecasting for procurement categories

Track savings, cost avoidance, and vendor consolidation initiatives

Deliver measurable outcomes on TCO optimization

5. Logistics, Inventory & Asset Management

Oversee global procurement logistics, customs clearance, and deployment

Maintain inventory, spares, asset tagging, and lifecycle management

Ensure rapid turnaround for trading-critical equipment



6. Strategic Sourcing & Vendor Management

Own and execute all procurement for the organization, including:

Trading and technology infrastructure

Office, facilities, and operational requirements

Professional services, subscriptions, and recurring vendor contracts

Serve as the primary interface between internal stakeholders and external vendors.

Ensure consistency in pricing, contracting standards, and vendor performance across categories.

7. Risk & Continuity Management

Identify vendor concentration and supply-chain risks

Maintain alternate sourcing strategies and contingency plans

Support business continuity for trading systems

8. Cross-Functional Collaboration

Act as a trusted partner to:

Trading & Quant teams, Infrastructure & SRE, Finance and Compliance

Enable speed without compromising governance



Success Metrics (KPIs)



Cost savings and cost avoidance (% YoY)

Procurement cycle time (request delivery)

Vendor SLA adherence and uptime support

Reduction in single-source dependencies

On-time delivery of trading-critical infrastructure



Candidate Profile



1. Experience



3+ years of experience in Procurement / Strategic Sourcing Strong exposure to IT / Technology procurement (mandatory) Experience in trading firms, fintech, data centers, telecom, cloud, or high-performance tech environments is highly preferred

2. Skills & Competencies



Proven negotiation and contract management skills Comfort working with technical teams and infrastructure specs Strong analytical ability for spend and vendor performance analysis Experience with ERP / procurement systems Ability to operate in a fast-paced, zero-downtime environment

3. Education



Bachelor's degree in Engineering, Supply Chain, Operations, or related field * MBA / Supply Chain certification is a plus