Paytm Labs

Digital payments, loans, investments, and insurance

IT Procurement - Europe Market

Procurement & SourcingConfirmed live in the last 24 hours

Full-timeNoida, Uttar Pradesh, IndiaNo salary listedIn-person

About the Job

Requirements

8–10 years of experience in strategic IT procurement, including substantial experience managing procurement activities across the European region.
Expertise in strategic sourcing, supplier relationship management, contract negotiations, cost optimization, and procurement governance.
Ability to ensure compliance with organizational policies and applicable European regulatory requirements.

Responsibilities

Lead end-to-end procurement of IT products and services across the Europe region from local vendors.
Develop and execute sourcing strategies for software, cloud services, IT infrastructure, cybersecurity solutions, telecommunications, and professional services across the Europe region from local vendors.
Manage strategic sourcing initiatives, including requests for information, requests for proposals, requests for quotations, supplier evaluations, negotiations, and contract finalization.
Collaborate with IT, Information Security, Finance, Legal, and business stakeholders to understand requirements and deliver timely, value-driven procurement solutions.
Negotiate commercial terms, pricing, service-level agreements, licensing models, payment terms, and contract renewals to maximize business value.
Build and manage relationships with global and regional technology vendors and service providers.
Ensure compliance with company procurement policies, contractual obligations, and applicable European regulations, including GDPR, DORA, and CRA.
Drive supplier performance reviews, vendor governance, and continuous improvement initiatives.
Monitor market trends, supplier capabilities, and emerging technologies to identify cost-saving and value-creation opportunities.
Support budgeting, demand planning, spend analysis, and procurement reporting.
Mitigate supply chain, commercial, and contractual risks while ensuring business continuity.
Identify opportunities for procurement process automation and digital transformation.

Position Summary:

We are seeking a dynamic and experienced IT Procurement Professional with 8–10 years of proven expertise in strategic IT procurement, including substantial experience managing procurement activities across the European region. The ideal candidate will have a strong track record of leading end-to-end sourcing initiatives for IT hardware, software, cloud technologies, SaaS applications, telecommunications, and technology services. This role requires expertise in strategic sourcing, supplier relationship management, contract

negotiations, cost optimization, and procurement governance, while ensuring compliance with organizational policies and applicable European regulatory requirements.

Key Responsibilities:

 Lead end-to-end procurement of IT products and services across the Europe region from local vendors.

 Develop and execute sourcing strategies for software, cloud services, IT

infrastructure, cybersecurity solutions, telecom, and professional services across the Europe region from local vendors.

 Manage strategic sourcing initiatives, including RFIs, RFPs, RFQs, supplier

evaluations, negotiations, and contract finalization.

 Collaborate closely with IT, Information Security, Finance, Legal, and business

stakeholders to understand business requirements and deliver timely, value-driven procurement solutions.

 Negotiate commercial terms, pricing, SLAs, licensing models, payment terms, and contract renewals to maximize business value.

 Build and manage relationships with global and regional technology vendors and service providers.

 Ensure compliance with company procurement policies, contractual

obligations, and applicable European regulations such as GDPR, DORA, CRA

etc

 Partner closely with IT, Information Security, Finance, Legal, and business

stakeholders to understand procurement requirements and deliver timely sourcing support.

 Drive supplier performance reviews, vendor governance, and continuous

improvement initiatives.

 Monitor market trends, supplier capabilities, and emerging technologies to identify cost-saving and value creation opportunities.

 Support budgeting, demand planning, spend analysis, and procurement reporting.

 Mitigate supply chain, commercial, and contractual risks while ensuring business continuity.

 Identify opportunities for procurement process automation and digital transformation

Requirements at a Glance

Experience Level: Senior, Expert

Benefits

Health & Wellbeing - Your group health benefits are 100% funded by us, and start on your first day.
Travel the World - Even though we are currently working remotely, usually our employees make frequent international business-related trips while working on exciting projects.
Continuous Learning - We're passionate about learning and strive to constantly improve and innovate. We learn from others, our challenges & our successes.
Connection - In this virtual world, we stay connected through events like game nights, movie nights, arts & crafts sessions (like Origami), meditation sessions, and much more.
Autonomy & Flexibility - You get to define how you want to make an impact. We truly believe that great things happen when people are given the trust and freedom to create their own path.
Beautiful Office - Whenever we return back to the office, you’ll get to check out our awesome workspace, complete with pool and ping pong tables, a snack-filled kitchen, and tons of cozy work spaces.

About the Company

Paytm Labs

Digital payments, loans, investments, and insurance

Paytm Labs offers an integrated digital payments and financial services platform in India for individuals and businesses, covering UPI payments, mobile recharges, bill payments, ticket bookings, loans, investments, insurance, metro cards, and more. Users initiate payments or financial actions in the app, which are processed through UPI and payment gateways, with revenue from transaction fees and commissions on financial services. It differentiates itself through a large ecosystem of merchants and users, a wide range of services in one app, and a focus on customer support and trust. Its goal is to make a broad set of financial services easily accessible to mass-market users while growing revenue via payment processing and financial services partnerships at scale.

Company size: 10,001+
Company stage: IPO
Headquarters: Noida, India
Founded: 2014

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