Nium

Sr Manager - Procurement

Reposted Yesterday

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Mumbai, Maharashtra

Hybrid

Senior level

Blockchain • Fintech • Payments • Cryptocurrency

The Role

Responsible for overseeing the global procurement function, developing strategies, managing vendor relations, ensuring compliance, and optimizing spend across all entities.

Summary Generated by Built In

Nium, Global Leader in Payments

Nium, the global leader in real-time, cross-border payments, was founded on the mission to deliver the global payments infrastructure of tomorrow, today. With the onset of the global economy, its payments infrastructure is shaping how banks, fintechs, and businesses everywhere collect, convert, and disburse funds instantly across borders.

Its payout network supports 100 currencies and spans 220+ markets, 100 of which in real-time. Funds can be disbursed to accounts, wallets, and cards and collected locally in 35 markets. Nium's growing card issuance business is already available in 34 countries. Nium holds regulatory licenses and authorizations in more than 40 countries, enabling seamless onboarding, rapid integration, and compliance – independent of geography. The company is co-headquartered in San Francisco and Singapore.

Nium is seeking a Sr Manager of Procurement to join our dynamic global finance team. This is an excellent opportunity to oversee a global function across all of our entities. This role is responsible for managing the procurement function to ensure compliance, efficiency, and cost-effectiveness across all business units. The role will oversee all aspects of purchasing, vendor management, and procurement systems—while partnering cross-functionally to drive operational excellence, enforce policies, and optimize company spend.

Responsibilities

Develop and oversee global procurement strategy aligned with company objectives, ensuring consistency across all entities and regions.
Lead the end-to-end procurement process, from sourcing and vendor selection to contract negotiation, onboarding, and renewal.
Design, implement, and maintain procurement policies, tools, and governance frameworks to ensure compliance, efficiency, and transparency.
Negotiate strategic vendor contracts and pricing agreements, driving cost optimisation while maintaining service quality and risk mitigation.
Oversee procurement systems and tools, including purchase order platforms and approval workflows
Ensure cross-entity compliance with procurement policies, financial controls, and audit requirements.
Collaborate with Finance, Legal, and IT teams to align procurement practices with corporate objectives, budget, and risk management.
Manage and optimize related spend systems such asTravel & Expense (T&E) platforms, corporate card programs, and employee reimbursement processes.
Develop and deliver training programs to educate employees globally on procurement procedures, policies, and tools.
Monitor and report on key procurement KPIs, identifying opportunities for process improvement and cost efficiency.

Requirements

Min of 8+ yrs of experience in Procurement in a Technology company
Strong verbal and written communication skills (in English)
Relevant procurement software experience eg. Zip, Netsuite
Technology company experience
Working with international teams a plus
A cooperative team player with a positive, can-do attitude.
Well-organised with effective project management skills.

What we offer at Nium

We Value Performance: Through competitive salaries, performance bonuses, sales commissions, equity for specific roles and recognition programs, we ensure that all our employees are well rewarded and incentivized for their hard work.

We Care: The wellness of Nium’ers is our #1 priority. We offer medical coverage along with 24/7 employee assistance program, generous vacation programs including our year-end shut down. We also provide a flexible hybrid working environment (3 days per week in the office).

We Upskill Ourselves: We are curious, and always want to learn more with a focus on upskilling ourselves. We provide role-specific training, internal workshops, and a learning stipend.

We Constantly Innovate: Since our inception, Nium has received constant recognition and awards for how we approach both our business and talent opportunities. Check out CNBC World’s Top Fintech Companies 2024.

We Celebrate Together: We recognize that work is also about creating great relationships with each other. We celebrate together with company-wide social events, team bonding activities, happy hours, team offsites, and much more!

We Thrive With Diversity: Nium is truly a global company, with more than 33 nationalities, based in 18+ countries and more than 10 office locations. As an equal opportunity employer, we are committed to providing a safe and welcoming environment for everyone.

For more detailed region-specific benefits: https://www.nium.com/careers#careers-perks

For more information visit www.nium.com

Depending on your location, certain laws may regulate the way Nium manages the data of candidates. By submitting your job application, you are agreeing and acknowledging that you have read and understand our Candidate Privacy Notice located at www.nium.com/privacy/candidate-privacy-notice.

Top Skills

NetSuite

Zip

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The Company

713 Employees

Year Founded: 2015

What We Do

Nium is an advanced payments platform redefining the way consumers and businesses send, spend, and receive funds across borders. Nium’s goal is to make the movement of money seamless through being a universal plug for financial services. The company uses agile, elegant, and modular solutions for complex business problems. Be it an Individual, new-age digital bank, or a traditional industry behemoth, Nium prides itself on creating financial infrastructure for every level of sophistication.

Nium’s key solutions:
• Pay-ins
• Pay-outs
• Card issuance
• Banking-as-a-service
• Crypto-as-a-service

We are a global leader in B2B modern money movement
• Launched the world’s first global platform for crypto-as-a-service
• $280M Funding
• Series D
• $2B Valuation
o 130+M End customers
o 190+ Payout markets
o 100+ Supported currencies
• Named on CB Insight’s Fintech 250 List
• Financial Times’ List of Asia-Pacific High-Growth Companies 2021
• Fintech Employer of the Year’ at the 2021 Singapore Fintech Festival
• Best B2B Payment Platform’ at the 2021 Future Digital Awards

Why Work With Us

We, at Nium, are on a mission to transform modern money movement. We are driven by our co-created values of "seek the simple", "make it better" and "win it together".
These aren't just buzzwords; they're how we do business every day and owned by each and every employee at Nium. We create new rules and new possibilities for a world of open money.