Senior Associate - Procurement

Posted 24 Days Ago
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Bengaluru, Bengaluru Urban, Karnataka, IND
In-Office
Mid level
Fintech • Financial Services
The Role
Manage procurement activities across categories, handle vendor relationships, negotiate contracts, ensure compliance, and analyze vendor performance.
Summary Generated by Built In
About Groww:
We are a passionate group of people focused on making financial services accessible to every Indian through a multi-product platform. Each day, we help millions of customers take charge of their financial journey. Customer obsession is in our DNA. Every product, every design, every algorithm down to the tiniest detail is executed keeping the customers’ needs and convenience in mind. Our people are our greatest strength. Everyone at Groww is driven by ownership, customer-centricity, integrity and the passion to constantly challenge the status quo.
 
Are you as passionate about defying conventions and creating something extraordinary as we are? Let’s chat.
 
Our Vision
Every individual deserves the knowledge, tools, and confidence to make informed financial decisions. At Groww, we are making sure every Indian feels empowered to do so through a cutting-edge multi-product platform offering a variety of financial services. Our long-term vision is to become the trusted financial partner for millions of Indians.
 
Our Values
Our culture enables us to be what we are — India’s fastest-growing financial services company. It fosters an environment where collaboration, transparency, and open communication take center-stage and hierarchies fade away. There is space for every individual to be themselves and feel motivated to bring their best to the table, as well as craft a promising career for themselves.
The values that form our foundation are:
  • Radical customer centricity
  • Ownership-driven culture
  • Keeping everything simple
  • Long-term thinking
  • Complete transparency

Key Responsibilities
  • Manage end-to-end procurement activities across Facilities, IT, Marketing, and HR categories.
  • Handle vendor onboarding, supplier relationship management, and procurement operations.
  • Negotiate commercial terms and contracts with vendors to ensure cost-effective and efficient procurement deals.
  • Manage contract lifecycle, renewals, and compliance tracking.
  • Maintain and manage procurement-related master data accurately.
  • Collaborate with internal stakeholders to understand procurement requirements and ensure timely delivery.
  • Analyze vendor performance, pricing, and procurement data to support business decisions.
  • Ensure adherence to procurement processes, policies, and documentation standards.
  • Work closely with finance and cross-functional teams for smooth procurement operations.
Requirements
  • 2-8 years of experience in procurement or sourcing roles.
  • Experience in handling procurement for Facilities, IT, Marketing, or HR categories.
  • Strong negotiation, analytical, contract management, and vendor management skills.
  • Hands-on experience with Excel and Oracle.
  • Prior experience in startups or fast-paced organizations is preferred.
  • Engineering degree or MBA/Postgraduate qualification preferred.

Skills Required

  • 2-8 years of experience in procurement or sourcing roles
  • Experience in handling procurement for Facilities, IT, Marketing, or HR categories
  • Strong negotiation, analytical, contract management, and vendor management skills
  • Hands-on experience with Excel and Oracle
  • Prior experience in startups or fast-paced organizations
  • Engineering degree or MBA/Postgraduate qualification

Groww Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Groww and has not been reviewed or approved by Groww.

  • Equity Value & Accessibility Equity is considered a meaningful part of total compensation for some roles, with an IPO path highlighted as creating ESOP value. This potential upside is viewed more favorably in senior engineering and management tracks.
  • Wellbeing & Lifestyle Benefits Benefits commonly include health insurance, gym access, team outings, and training support. These basics contribute to a decent but not standout perk package.
  • Parental & Family Support Maternity and paternity leave are listed among offered benefits. This provides baseline family support consistent with standard Indian tech benefits.

Groww Insights

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The Company
HQ: Bangalore, Karnataka
1,000 Employees
Year Founded: 2016

What We Do

We are a strong and enthusiastic team focused on making financial services accessible to every Indian through a multi-product platform. Each day, we help millions of customers take charge of their financial journey. Customer obsession is in our DNA. Every product, every design, every algorithm down to the tiniest detail is executed keeping the customers’ needs and convenience in mind. Our people are our greatest strength. Everyone at Groww is driven by ownership, customer-centricity, integrity and the passion to constantly challenge the status quo. Are you as passionate about defying conventions and creating something extraordinary as we are? Let’s chat. Our Vision Every individual deserves the knowledge, tools, and confidence to make informed financial decisions. At Groww, we are making sure every Indian feels empowered to do so through a cutting-edge multi-product platform offering a variety of financial services. Our long-term vision is to become the trusted financial partner for millions of Indians. Our Values Our culture enables us to be what we are — India’s fastest-growing financial services company. Everyone at Groww enjoys the autonomy and flexibility to bring their best work to the table, as well as craft a promising career for themselves. The values that form our foundation are: Customer centricity Ownership-driven culture Keeping everything simple Long-term thinking Complete transparency

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