Chief Manager (Procurement) SMGS - IV (Finance) jobs in Delhi - India Post Payments Bank Limited

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Job Description

India Post Payment Bank Limited (IPPB) invites online applications from qualified candidates who will be appointed at IPPB in Scale IV, V & VI. Interested candidates who fulfill the eligibility criteria may apply online from 26.06.2018 to 10.07.2018 by visiting our website other mode of application will be accepted.

Minimum Educational Qualification : Any graduate from a University/ Institution/ Board recognized by the Government of India (or) approved by a Government Regulatory Body.

Post Qualification Work Experience : Minimum 9 years of experience in officer grade is mandatory. (of which) Minimum 3 years of experience in procurement in public sector is required.

Job Description : 1. Responsible for all purchase and procurement work (non-IT related) for the bank. 2. Develops, manages, and implements comprehensive strategies that are in alignment with the business objectives to deliver or exceed on agreed savings targets . 3. Forges strategic relationships with critical suppliers and utilizes opportunities in the interest of the company and the supplier. 4. Prepares, presents and regularly reviews financial budgets and plans of procurement. 5. Interacts with various department heads to understand technical requirements and specifications in detail for all contracts. 6. Regularly connects with the final buyers of the contract to discuss performance of the vendors against defined SLAs. 7. Assists the Head Procurement in planning and budgeting for procurement department. 8. Maintains contact with vendors; updates list of vendors for bidding purposes; attends product demonstrations, obtains samples and literature regarding potential products and vendor capabilities and confers with end users. 9. Ensures timely availability of assets and / or services to meet business requirements while ensuring optimum levels of inventory. Minimizes stock outs occurring on account of delays in the procurement process. 10. Update and make changes to the Procurement Policy periodically. 11. Analyse and calculate costs of procurement and suggest methods to decrease expenditure. 12. Review Request for Proposal documents for procurement of items and service contracts. 13. Ensure policies and procurement processes are in line with CVC guidelines

Age Limit : 29 years to 50 years.

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Key Skills


Government / Public Services / Defence

Functional Area

Banking / Investments / Stock Market / Financial Services

Number of Vacancy


Last Apply Date



B.A, B.Com, B.Sc

About India Post Payments Bank Limited

At India Post Payments Bank, we believe that a nation can only grow when every citizen gets an opportunity to prosper, regardless of their way of life. With simple, diverse and growth oriented offerings, IPPB aims to give every Indian access to efficient banking services.
Qualification : Bachelors degree from reputed University/Institution/Board recognized by the Government of India/International University of repute (or) approved by a Government Regulatory Body.
Experience : The person must have an overall experience of at least 12 years in banking (or) payment bank (or) digital wallet (or) payment gateway (or) payment solutions company (or) fintech companies.
Age Limit : 32 to 55 years.


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