Gurugram
Role Overview
The Procurement Manager will own end-to-end sourcing and vendor management for trading-critical infrastructure and services. This role works closely with Quant, Infrastructure, Network Engineering, Finance, and Legal teams to ensure NK Securities has uninterrupted, low-latency, and scalable infrastructure at optimal cost and risk.
Key Responsibilities
1. Strategic Sourcing & Vendor Management
Own sourcing strategy for IT hardware, networking equipment, collocations, telecom, market data, cloud/SaaS, and professional services
Run RFPs/RFQs, vendor evaluations, and commercial negotiations
Build and manage a preferred vendor ecosystem across India and global markets
2. Trading Infrastructure Procurement
Partner with Infrastructure & Network Engineering teams to procure:
Servers, switches, NICs, FPGA-based systems
Low-latency networking, cross-connects, racks, power and cooling
Understand and translate technical specifications into procurement requirements
Manage vendor lead times, testing cycles, and deployment readiness
3. Contracting & Commercial Negotiation
Negotiate pricing, SLAs, MSAs, NDAs, warranties, and renewal terms
Work with Legal to ensure compliance on: Data protection, Export/import regulations, Vendor confidentiality and IP protection
Own contract lifecycle management and renewals
Establish standard operating procedures (SOPs) for procurement activities
Ensure compliance with internal controls, approvals, and documentation standards
4. Cost Control & Budget Ownership
Manage CAPEX and OPEX forecasting for procurement categories
Track savings, cost avoidance, and vendor consolidation initiatives
Deliver measurable outcomes on TCO optimization
5. Logistics, Inventory & Asset Management
Oversee global procurement logistics, customs clearance, and deployment
Maintain inventory, spares, asset tagging, and lifecycle management
Ensure rapid turnaround for trading-critical equipment
6. Strategic Sourcing & Vendor Management
Own and execute all procurement for the organization, including:
Trading and technology infrastructure
Office, facilities, and operational requirements
Professional services, subscriptions, and recurring vendor contracts
Serve as the primary interface between internal stakeholders and external vendors.
Ensure consistency in pricing, contracting standards, and vendor performance across categories.
7. Risk & Continuity Management
Identify vendor concentration and supply-chain risks
Maintain alternate sourcing strategies and contingency plans
Support business continuity for trading systems
8. Cross-Functional Collaboration
Act as a trusted partner to: Trading & Quant teams, Infrastructure & SRE, Finance and Compliance
Enable speed without compromising governance
Success Metrics (KPIs)
Cost savings and cost avoidance (% YoY)
Procurement cycle time (request delivery)
Vendor SLA adherence and uptime support
Reduction in single-source dependencies
On-time delivery of trading-critical infrastructure
Candidate Profile
1. Experience
- 3+ years of experience in Procurement / Strategic Sourcing
- Strong exposure to IT / Technology procurement (mandatory)
- Experience in trading firms, fintech, data centers, telecom, cloud, or high-performance tech environments is highly preferred
2. Skills & Competencies
- Proven negotiation and contract management skills
- Comfort working with technical teams and infrastructure specs
- Strong analytical ability for spend and vendor performance analysis
- Experience with ERP / procurement systems
- Ability to operate in a fast-paced, zero-downtime environment
3. Education
- Bachelor’s degree in Engineering, Supply Chain, Operations, or related field
- MBA / Supply Chain certification is a plus
