Procurement Associate – Trading Infrastructure & Operations

Reposted 18 Days Ago
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Gurugram, Haryana, IND
In-Office
Junior
Fintech • Payments • Financial Services
The Role
The Procurement Associate will manage sourcing, vendor coordination, and procurement operations for trading infrastructure, ensuring operational efficiency and compliance while collaborating with various teams in a fast-paced environment.
Summary Generated by Built In
Role Overview

The Procurement Associate will support end-to-end sourcing, vendor coordination, and procurement operations for NK Securities’ trading-critical infrastructure and business needs. This role works closely with Infrastructure, Network Engineering, Quant, Finance, and Legal teams to ensure timely procurement, vendor responsiveness, and operational efficiency in a fast-paced, low-latency trading environment.

Key Responsibilities

1. Sourcing Execution & Vendor Coordination

  • Support sourcing across categories including:
    • IT hardware (servers, networking equipment)
    • Colocation, telecom, cloud/SaaS
    • Market data and professional services
  • Assist in running RFQs/RFPs, collecting vendor quotes, and preparing comparison sheets
  • Coordinate with vendors on pricing, timelines, and deliverables
  • Maintain and update vendor database and documentation

2. Trading Infrastructure Procurement Support

  • Work with Infrastructure & Network teams to:
    • Procure servers, switches, NICs, and related hardware
    • Track order status, delivery timelines, and deployment readiness
  • Ensure accuracy of technical specifications in POs and vendor communication
  • Follow up with vendors to minimize delays in trading-critical equipment

3. Procurement Operations & Compliance

  • Raise purchase orders (POs), track approvals, and ensure proper documentation
  • Support contract documentation including NDAs, MSAs, and basic commercial terms
  • Ensure adherence to procurement SOPs, internal controls, and audit requirements
  • Maintain records for all procurement transactions and contracts

4. Cost Tracking & Reporting

  • Assist in tracking spend across categories (CAPEX/OPEX)
  • Support preparation of cost comparison sheets and savings analysis
  • Identify basic cost optimization opportunities through vendor benchmarking

5. Logistics & Inventory Coordination

  • Track shipments, deliveries, and coordinate with logistics/customs (as required)
  • Support inventory tracking, asset tagging, and spares management
  • Ensure availability of critical components with minimal downtime risk

6. Vendor Management Support

  • Act as a day-to-day point of contact for vendors for operational queries
  • Track vendor performance on delivery timelines and responsiveness
  • Support vendor onboarding and documentation processes

7. Cross-Functional Collaboration

  • Work closely with:
    • Engineering teams for requirements and timelines
    • Finance for payments and budgeting
    • Legal for documentation and compliance
  • Ensure smooth coordination between internal stakeholders and vendors
Candidate ProfileExperience
  • 1–5 years of experience in Procurement / Sourcing / Supply Chain
  • Exposure to IT procurement or technology-driven environments preferred
  • Experience in startups, fintech, SaaS, telecom, or infra-heavy setups is a plus

Skills & Competencies

  • Strong coordination and stakeholder management skills
  • Basic understanding of procurement processes (RFQ, PO, vendor management)
  • Ability to work with technical teams and understand requirements (training will be provided)
  • Good analytical skills for price comparisons and tracking
  • High ownership, responsiveness, and attention to detail
  • Comfortable working in a fast-paced, execution-driven environment

Education

  • Bachelor’s degree in Engineering, Commerce, Supply Chain, or related field
 

Skills Required

  • 1-5 years of experience in Procurement, Sourcing, or Supply Chain
  • Bachelor's degree in Engineering, Commerce, Supply Chain, or related field
  • Exposure to IT procurement or technology-driven environments
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The Company
Gurgaon, Haryana
79 Employees
Year Founded: 2011

What We Do

NK Securities Research is a leading financial firm that leverages cutting edge technology and sophisticated algorithms to trade the financial markets. Founded in 2011, we have gained invaluable experience in the field of High Frequency Trading across different asset classes

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