About Angel One:

For nearly three decades, Angel One has been making investing and wealth creation more accessible and engaging for Indians. Today, 3.7+ crore customers trust Angel One across investing, trading, wealth creation, and credit.

We are one of the best fintech platforms, building simple, intelligent and seamless financial experiences for millions of users across the country. From investing and trading to wealth creation and credit, everything we build is focused on making financial journeys easier, faster, more accessible and engaging.

We believe strong fundamentals matter—in investing, in technology and in the way we build our teams. Trust, simplicity, speed and long-term thinking shape how we work and what we build.

Here, people work on real problems at real scale. Millions of users interact with our platform every day, and every team plays a role in shaping that experience.

We move fast, take ownership and keep learning along the way. No matter the role, people here are encouraged to share ideas, challenge the usual and build things that create real impact.

If you're excited to solve meaningful problems, build at scale, and shape the future of financial services, you'll fit right in.

Be part of our team that’s scaling sustainably, thinking big, and building for the billion!

Job Title: Head - Procurement & Vendor Governance

Location: Mumbai

About the Role

We are seeking an experienced and strategic resource to lead the procurement and vendor management function for our rapidly growing organisation. The role will be responsible for developing procurement strategies, optimizing costs, strengthening vendor governance, ensuring regulatory compliance, and driving procurement excellence across technology, operations, facilities, marketing, and corporate services.

The ideal candidate should possess robust experience in procurement leadership within financial services, fintech, banking, NBFC, securities market, or technology-driven organizations.

The role will own enterprise procurement, vendor governance, third-party risk oversight and procurement transformation, with accountability for spend governance, value creation, regulatory readiness and procurement technology enablement across the organization

Key Responsibilities:

- Procurement Strategy & Leadership
- Develop and implement organization-wide procurement strategy aligned with business objectives.
- Establish procurement policies, SOPs,



governance frameworks, and approval matrices.
- Lead annual procurement planning and budget optimization initiatives.
- Drive strategic sourcing initiatives to maximize cost efficiencies and operational effectiveness.
- Lead the transformation of procurement from a decentralized operating model to a centralized, category-led and technology-enabled procurement organization.

Strategic Sourcing & Vendor Management

- Manage end-to-end sourcing lifecycle including RFI, RFQ, RFP, negotiations, contracting, and onboarding.
- Lead procurement and create category specific sourcing strategy:
- Technology & IT infrastructure
- Software licenses and SaaS platforms
- Cloud services
- Data subscriptions
- Market data vendors
- Facility management
- Marketing & branding services
- Professional and consulting services
- Administration and workplace services
- Build and maintain strategic vendor relationships.
- Conduct periodic vendor evaluations and performance reviews
- Drive Total Cost of Ownership (TCO) optimization

Commercial Negotiations

- Lead commercial discussions with key suppliers and service providers.
- Deliver measurable cost savings and value creation initiatives.
- Negotiate pricing, SLAs, payment terms, penalties, and contract conditions.
- Implement competitive bidding processes and benchmark procurement costs.

Contract & Risk Management

- Review and manage procurement contracts in coordination with Legal and Compliance teams.
- Ensure adherence to risk management policies and internal controls.
- Monitor vendor risks related to cybersecurity, data privacy, business continuity, and operational resilience.

Contract Governance

- Create enterprise contract repository.
- Track commercial obligations, renewals, auto-renewal clauses and key milestones.
- Standardize commercial terms and contracting playbooks.

Regulatory Compliance & Governance

- Ensure procurement processes comply with applicable regulatory and audit requirements.
- Support internal, external, and regulatory audits.




- Implement robust procurement governance and documentation standards.
- Monitor adherence to delegation of authority (DOA) and approval workflows.

Stakeholder Management

- Partner with Technology, Finance, Compliance, Operations, HR, Administration, Marketing, and Business Heads.
- Act as a trusted advisor for procurement-related decisions.
- Build high levels of stakeholder satisfaction while ensuring commercial discipline.

Process Improvement & Automation

- Lead implementation of Procure-to-Pay (P2P) platforms, workflow automation, vendor portals, contract lifecycle management solutions and procurement analytics tools to improve governance, transparency and efficiency
- Implement procurement analytics & MIS, dashboards, and management reporting.
- Establish procurement KPIs and vendor scorecards.
- Improve procurement cycle times and supplier performance metrics.

Key Deliverables:

- Annual procurement savings targets.
- Vendor consolidation and optimization.
- 100% critical vendor reviews completed annually
- Contract compliance improvement.
- Procurement policy adherence.
- Vendor risk mitigation.
- Automated approval worflows
- Procurement process automation.
- Enhanced vendor service levels.

Who you are:

Education

- Bachelor's degree in Engineering, Commerce, Finance, Business Administration, or related discipline. MBA / PGDM preferred.
- Certifications such as CPSM, CIPS, CSCP, or Supply Chain certifications will be an added advantage.

Experience

- 10–15 years of overall procurement experience.
- Minimum 4–6 years in a leadership role.
- Strong exposure to IT procurement and technology vendor management preferred.
- Strategic Sourcing
- Procurement Operations
- Vendor Management
- Contract Negotiation
- Cost Optimization
- Stakeholder Management
- Risk & Compliance Management
- Procurement Analytics
- Category Management
- Budget Management
- ERP/Procurement Systems (SAP, Oracle, Ariba, Coupa, etc.)

At Angel One, our thriving culture is rooted in Diversity, Equity, and Inclusion (DEI).

As an Equal opportunity employer, we wholeheartedly welcome people from all backgrounds irrespective of caste, religion, gender, marital status, sexuality, disability, class or age to be part of our team.

We believe that everyone's unique experiences and viewpoints make us stronger together.

Come and be a part of #OneSpace*, where your individuality is celebrated and embraced.

📌 Head-Procurement & Vendor Governance (Mumbai)
🏢 Angel One
📍 Mumbai