Finance-Category Specialist (India)

Finance-Category Specialist (India)

07 Sep
|
HDFC Bank
|
India

07 Sep

HDFC Bank

India

Job Title:

Category Specialist

Job Details:

Business Unit: Finance

Team: Procurement

Reports to: Unit Head - Procurement Process & Automation

Location: Mumbai

Job Function: Spends Control & Performance

Role Type: Individual Contributor

Direct Reportees: None

Travel Required: No

Job Band Range: E4 – D2

JD Created: 09 January 2026

JD Updated: 10 January 2026

Version No: 1

Job Purpose:

Develop, execute sourcing strategies for assigned spend categories.

Optimize supplier value, reduce TCO, mitigate risks.

Ensure compliance with enterprise procurement policies.

Critical in banking/services for regulatory compliance, data security.

Job Responsibilities:

Develop, implement category strategies.

Lead end-to-end sourcing events.

Support supplier onboarding, qualification.

Drive supplier performance management.

Lead commercial negotiations.

Draft, review contract documents.

Partner with business units.

Advise on sourcing best practices.

Ensure sourcing processes comply with regulations.

Identify, mitigate supply-chain risks.

Conduct, present spend analytics.

Maintain transparent reporting.

Educational Qualifications:

Bachelor’s degree in Business, Finance, Supply Chain, Engineering.

MBA or qualified certification preferred.

Key Skills:

Strategic sourcing methodologies.

Category management.

Financial acumen, TCO modeling.

Contracting, negotiation skills.

Supplier performance management.

Regulatory requirements understanding.

Experience Required:





4-8 years procurement or sourcing experience.

Banking or services industry experience.

Category management, strategic sourcing, cost modeling.

Supplier governance experience.

Exposure to regulated environments.

Negotiating complex, high-value service contracts.

Major Stakeholders:

Internal: All departments, Senior Leadership, Payment operations.

External: Vendors.

Skills

Refer to the Job Description

About HDFC Bank

HDFC Bank is one of India’s leading private banks. The Housing Development Finance Corporation Limited or HDFC Ltd was among the first financial institutions in India to receive an “in principle” approval from the Reserve Bank of India (RBI) to set up a bank in the private sector. This was done as part of RBI’s policy for liberalization of the Indian banking industry in 1994. HDFC Bank was incorporated in August 1994 in the name of HDFC Bank Limited, with its registered office in Mumbai, India. The bank commenced operations as a Scheduled Commercial Bank in January 1995. As of March 31, 2026, the Bank’s distribution network was at 9,689 branches and 21,172 ATMs across 4,175 cities / towns as against 9,455 branches and 21,139 ATMs across 4,150 cities / towns as of March 31, 2025. 50% of the branches are in semi-urban and rural areas. In addition, the Bank has 14,400 business correspondents, which are primarily manned by Common Service Centres (CSC). The Bank’s international operations comprise five branch

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📌 Finance-Category Specialist (India)
🏢 HDFC Bank
📍 India

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