Manager - India Procurement at Interactive Brokers

Mumbai City, maharashtra, India -

Full Time

Start Date

Immediate

Expiry Date

11 Jan, 26

Salary

0.0

Posted On

13 Oct, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Procurement, Vendor Management, Contract Negotiation, Sourcing Strategies, Stakeholder Management, Analytical Thinking, Project Management, Communication, Negotiation Skills, Business Acumen, Reporting, Analytics, Team Leadership, Risk Management, Supply Chain Management, Responsible Sourcing

Industry

Financial Services

Description

Company Overview Interactive Brokers Group, Inc. (Nasdaq: IBKR) is a global financial services company headquartered in Greenwich, CT, USA, with offices in over 15 countries. We have been at the forefront of financial innovation for over four decades, known for our cutting-edge technology and client commitment. IBKR affiliates provide global electronic brokerage services around the clock on stocks, options, futures, currencies, bonds, and funds to clients in over 200 countries and territories. We serve individual investors and institutions, including financial advisors, hedge funds and introducing brokers. Our advanced technology, competitive pricing, and global market help our clients to make the most of their investments. Barron's has recognized Interactive Brokers as the #1 online broker for six consecutive years. Join our dynamic, multi-national team and be a part of a company that simplifies and enhances financial opportunities using state-of-the-art technology. Interactive Brokers Group has consistently been at the forefront of trading innovation, starting with the invention of the first floor-based handheld computer in 1983. We pride ourselves on being primarily a technology company. We continue to challenge the status quo and push boundaries to offer the best trading platform, complete with the most sophisticated features, all at the lowest cost to our customers. Software development is the lifeblood of our firm, and it shows in our stellar brokerage platform. Manager – Indirect Procurement This senior procurement role reports to the Sr. Director of IT Procurement and Vendor Management. The position requires an experienced individual who will: Serve as a trusted advisor to APAC IBKR stakeholders primarily, but sometimes work with global teams Lead strategic sourcing and procurement initiatives for indirect procurement categories Guide cross-functional teams through the procurement and vendor management process Leverage organizational buying power for commercial advantages Apply expertise in enterprise contract negotiations The ideal candidate must demonstrate strong experience with complex sourcing projects and possess the skills to drive measurable improvements across the technology purchasing landscape. Key Responsibilities: Manage all procurement-related assignments and activities Align with category leaders on sourcing/procurement strategy Approve purchases of goods or services, analyzing changes or new issues in supply to reduce cost and improve quality, delivery, relationships, and sustainability Recruit, develop, manage, coach, and motivate procurement associates Lead the development and implementation of multiple complex and cross-region/BU sourcing strategies Ensure business expectations, up through leadership, are met Ensure stakeholders comply with procurement and vendor management policies Demonstrate solid understanding of responsible sourcing, contract management, category management, diverse supply base, third-party risk management, and regional compliance requirements Be experienced and comfortable using Source-to-Pay systems Reporting and analytics – able to develop complex dashboards and release monthly reports Qualification: Education: Bachelor's degree required, preferably in Finance, Business Administration, or Supply Chain Management Experience: 10–15 years of professional experience in indirect procurement and vendor management Project Management: Demonstrated ability to manage large-scale, complex strategic initiatives with multi-million-dollar values, tight deadlines, and significant risk factors Methodical Approach: Proven track record applying structured strategic sourcing methodologies successfully Negotiation Skills: Exceptional negotiation abilities with demonstrated capacity to influence executive stakeholders both internally and externally Business Acumen: Strong organizational awareness with sound judgment in planning and decision-making processes Communication: Superior written and verbal communication skills for developing RFx documents, contracts, and executive presentations to both internal and external audiences Stakeholder Management: Proactive and collaborative mindset with a focus on delivering exceptional internal client engagement Analytical Thinking: Advanced analytical and problem-solving capabilities, particularly in translating spend data into effective sourcing strategies Company Benefits & Perks: Competitive salary package. Performance-based annual bonus (cash and stocks). Hybrid working model (3 days office/week). Group Medical & Life Insurance. Modern offices with free amenities & fully stocked cafeterias. Monthly food card & company-paid snacks. Hardship/shift allowance with company-provided pickup & drop facility* Attractive employee referral bonus. Frequent company-sponsored team-building events and outings. * Depending upon the shifts. **The benefits package is subject to change at the management's discretion.

Responsibilities

Manage all procurement-related assignments and activities while aligning with category leaders on sourcing and procurement strategy. Lead the development and implementation of complex sourcing strategies across regions and business units.