We are seeking a proactive, detail-oriented Procurement Specialist to support end-to-end procurement activities, including sourcing, supplier management, contract risk assessment, contracting, onboarding, purchase order compliance, and procurement operations. This role will work closely with business stakeholders, suppliers, Legal, Finance, Risk, Information Security, Privacy, and Global Procurement teams to deliver efficient, compliant, and value-driven procurement outcomes while supporting MassMutual India s procurement transformation and governance objectives.

Key Responsibilities Contract Risk Assessment Governance Tools

- Maintain accurate supplier records and support the drafting, review, and administration of NDAs, MSAs, SOWs, amendments, addendums, and onboarding documentation.
- Facilitate contract and third-party risk assessments using enterprise risk assessment tools such as Archer.
- Coordinate risk assessment workflows and follow-ups with Legal, Risk, Information Security, Privacy, Compliance, Finance, and business teams.
- Identify commercial, operational, regulatory, data privacy, information security, financial, and contractual risks during supplier engagement and contract review.
- Track contractual deviations, risk mitigation requirements, remediation actions, approvals, and supporting evidence throughout the contract lifecycle.
- Support implementation of risk mitigation actions and ensure appropriate governance reviews are completed prior to contract execution.

Supplier Management

- Support vendor onboarding, registration, and due diligence processes.
- Assist with supplier renewals and supplier relationship management activities.




- Monitor supplier compliance with contractual, procurement, and regulatory obligations.

Risk, Compliance Audit Readiness

- Support supplier due diligence, engagement risk assessments, contract risk assessments, and governance reviews.
- Ensure adherence to Procurement Policy, India Procurement Standards, internal controls, and applicable MassMutual governance requirements.
- Maintain procurement and contract documentation to support audit readiness, regulatory compliance, and internal review requirements.
- Identify, assess, and escalate procurement, supplier, contractual, compliance, or control-related risks as appropriate.
- Contribute to procurement process improvements, reporting, dashboards, and transformation initiatives.

Required Qualifications

- Bachelor s degree in law, Legal Studies, Business Administration, Supply Chain, Commerce, or a related field.
- 3-6 years of experience in Procurement, Strategic Sourcing, Vendor Management, Contract Support, or Procurement Operations.
- Experience supporting sourcing projects, supplier contract negotiations, vendor onboarding, contract coordination, or purchase order compliance activities.
- Knowledge of procurement principles, supplier lifecycle management, purchasing controls, and basic contract governance.
- Demonstrate strong analytical, problem-solving,



stakeholder management, written communication, and verbal communication skills.

Preferred Qualifications

- Experience working in a multinational, shared services, financial services, or highly regulated environment.
- Hands-on experience with SAP Ariba, ServiceNow, SAP Business Network, Archer, or similar procurement, contracting, and governance platforms.
- Experience using Power BI, Excel, or reporting tools for procurement analytics, tracker management, and dashboard reporting.
- Knowledge of supplier risk management, contract risk assessment, procurement governance, third-party risk management, and contract lifecycle management.
- Familiarity with cross-functional risk assessment frameworks involving Legal, Information Security, Privacy, Compliance, Third-Party Risk Management, Enterprise Risk, and Finance teams.

Key Competencies

Business Stakeholder Focus

Procurement Contract Discipline

Risk Governance Mindset

Builds robust relationships with business users, suppliers, and control functions; communicates updates clearly and follows through agreed actions.

Maintains accurate procurement documentation, supports contract review discipline, and ensures purchasing processes are followed.

Identifies risks early, uses tools such as Archer to support contract risk assessment workflows, and helps maintain audit-ready governance.

Disclaimer : This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.

📌 Procurement Specialist - Sr. Associate (Hyderabad)
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📍 Hyderabad