Job Title: Procurement Manager
Job Type: Full Time, Permanent
Working location: Mumbai
The Role
As a Procurement Manager at Travelex, you will lead the sourcing and contract management across a range of categories, including Consultancy & HR, Property and Facilities Management, Technology and broader business services. You will play a central role in optimizing supplier performance, managing risk, driving cost savings, and aligning procurement strategies with business goals across our global operations.
In this role, you will maximise the use of our Oracle Fusion system to drive compliance and adoption of the agreed process, support end users with specific sourcing activities and drive savings and quality.
Your role will directly support Travelex’s global and partner success by ensuring that the business is equipped with the best-fit suppliers, contracts, and commercial arrangements to enable innovation, agility, and scalability.
Key Responsibilities
- Strategic Sourcing: Lead the end-to-end sourcing process across key indirect procurement categories, delivering best-value solutions and long-term supplier relationships.
- Category Management: Develop and implement robust category plans, informed by market insights, spend analysis, and internal business needs.
- Supplier Management: Manage supplier performance, resolve issues, and build strong, value-based partnerships that support business performance and innovation.
- Contract Negotiation: Own the negotiation of commercial terms, working closely with Legal and Risk teams to ensure compliance and protect Travelex’s interests.
- Stakeholder Engagement: Serve as the trusted advisor for stakeholders across the business, providing procurement expertise and strategic guidance.
- Performance Monitoring: Track and report on procurement KPIs, including cost savings, supplier performance, and risk mitigation efforts.
- Governance & Compliance: Ensure all procurement activities align with Travelex policies, regulatory standards, and industry best practices.
What You’ll Bring
- Ideally full or working toward a relevant Procurement related qualification.
- Proven experience in procurement, ideally within a global or multi-site environment.
- Strong background in sourcing, vendor management, and contract negotiation.
- Excellent analytical skills and a data-driven approach to decision-making.
- High-level communication and stakeholder engagement skills.
- The ability to work independently and collaboratively across time zones and cultures
- Results-oriented with a focus on continuous improvement and value creation.
- Knowledge of Oracle P2P and sourcing solutions, with a track record of driving savings.
Skills Required
- Relevant procurement qualification or actively working toward one
- Proven procurement experience, ideally in a global or multi-site environment
- Experience in sourcing, vendor management, and contract negotiation
- Strong analytical skills and a data-driven approach to decision-making
- Strong communication and stakeholder engagement skills
- Ability to work independently and collaboratively across time zones and cultures
- Results-oriented approach with a focus on continuous improvement and value creation
- Knowledge of Oracle P2P and sourcing solutions, with experience driving savings
What We Do
Founded in 1976 Travelex has grown to become one of the market leading specialist providers of foreign exchange products, solutions and services, operating across the entire value chain of the foreign exchange industry in more than 20 countries. We have developed a growing network of over 1,550 sites, including stores and ATMs, in some of the world’s top international airports and in major transport hubs, premium shopping malls, high street locations, supermarkets and city centres. Travelex has built a growing online and mobile foreign exchange platform, and we also process and deliver foreign currency orders for major banks, travel agencies and hotels worldwide. In addition, we source and distribute large quantities of foreign currency banknotes for customers on a wholesale basis - including for central banks and international financial institutions. We also offer a range of remittance and international money transfer products around the world.
