The Chance
Position Title: Associate IT Procurement Year of experience: 1 to 5 years Job Location: Mumbai Qualifications: BE/BTech/BSc IT/MCA
Functional Skills
Strong sourcing and procurement expertise
Sound knowledge of GST
Market intelligence (vendors, pricing, industry trends)
Contract management knowledge:
Rate types (fixed/basic)
Termination clauses
Force majeure
Milestones & LD clauses
Understanding of:
Software application procurement
IT staff augmentation (T&M; model)

Technical Skills

Experience in D365 Procurement Module

Application development is a critical spend area across NPCI – G, core NPCI, and subsidiaries. The associated RFP processes are complex, time-intensive, and require extensive coordination with internal and external stakeholders. This role supports procurement across multiple application verticals, including:
Fixed-scope engagements
IT resource augmentation (T&M; engagements)

Due to the complexity of multi-vendor and multi-stakeholder environments,



this position is essential to strengthen the team’s procurement operations and ensure timely execution.

Job Responsibilities:
A. Procurement Operations (40%)

Review and perform due diligence of Procurement Requests (PRs)
Collaborate with project managers to define scope and engagement terms
Drive RFPs/enquiries and manage the quotation process
Conduct pre-bid meetings and preparations
Validate vendor offers (eligibility, technical compliance)
Perform commercial evaluations and ensure price bench marking
Facilitate price discovery via PDC or Reverse Auction (RA)
Ensure financial approvals and documentation
Drive pre-PO audit closures
Coordinate contract finalization with Legal and other departments
Ensure PO issuance aligned with approved policies and terms

B. Quality Assurance (30%)

Ensure compliance with IT procurement policies
Address audit queries (target: zero open audit issues)
Ensure timely PDC agenda clearances
Track and report process deviations monthly

C. Turnaround Time (TAT)

📌 Associate IT Procurement (India)
🏢 National Payments Corporation Of India (NPCI)
📍 India