DBS Bank

Senior Associate, Specialist Technology Procurement, Technology and Operations

India · Work style not stated · Full time

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About the role

Description from the employer’s posting. Check the employer’s page for the current version.

EmployerDBS Bank
LocationIndia
Work styleWork style not stated
Employment typeFull time
Employer posted2 Sep 2026

A Senior Associate of Technology Procurement shall be driving strategic sourcing, contract negotiations, and vendor governance for critical IT infrastructure, software, and services.

Role Overview

Department: Group Procurement / Technology & Operations
Key Focus: Driving cost optimization, mitigating third-party risk, and ensuring strict regulatory compliance in a highly secure financial environment.

Key Responsibilities and Requirements

Strategic Sourcing & Category Management:

Lead end-to-end procurement projects for major technology portfolios, including IT Infrastructure – Switches, Routers, Storage, core banking applications, cybersecurity solutions, data centers, and IT professional services.
Develop multi-year category strategies aligned with the bank’s digital transformation and operational goals.

Show full description

Commercial Negotiation & Cost Optimization:

Drive complex commercial negotiations with major tier-1 technology vendors to achieve Total Cost of Ownership (TCO) reductions.
Establish pricing models, volume discounts, and favorable service level agreements (SLAs).
Conduct Reverse Auctions to discover pricing

Risk & Regulatory Compliance:

Ensure all technology vendor engagements adhere to financial regulatory frameworks
Partner with Risk, Information Security, and Legal teams to perform vendor due diligence and risk assessments.

Vendor Lifecycle & Relationship Management (SRM):

Manage strategic vendor performance reviews, contract renewals, dispute resolution, and vendor rationalization.

Stakeholder & Team Leadership:

Collaborate with internal business partners (CIOs, CTOs, Finance, and Legal) to forecast technology demand and streamline the procure-to-pay (P2P) lifecycle.

Education: Bachelor’s degree in Engineering with MBA from reputed institute shall be an added advantage
Experience: 8 to 10 years of progressive experience in IT procurement, strategic sourcing, or commercial management, with significant exposure to a regulated banking or financial services environment.
Technical Knowledge: Deep understanding of software licensing metrics, cloud consumption models, hardware infrastructure, and IT service agreements.
Skills: Advanced contract negotiation, Advance excel skills, executive-level stakeholder management, financial modeling (TCO/ROI analysis), and risk mitigation.
Tools & Certifications: Familiarity with e-procurement platforms, COUPA etc

Location:

Mumbai

Job:

Sourcing

Schedule:

Regular

Employee Status:

Full time

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