---
title: 'Procurement Manager at IMC'
canonical: 'https://feeny.ai/job/procurement-manager-imc-mumbai-n399vy3ntkgt'
type: 'job'
last_seen: '2026-10-16'
---

# Procurement Manager at IMC

- **Company:** IMC
- **Location:** Mumbai, India
- **Posted:** 2026-10-09
- **Last confirmed live:** 2026-10-16
- **Apply:** https://job-boards.eu.greenhouse.io/imc/jobs/4987201101

## Job description

We are looking for a Procurement Manager to own technology sourcing for IMC India. You will run the full cycle for IT hardware, software, network, data centre and technology services: from understanding what our engineers and traders need, to negotiating with vendors, to managing contracts and renewals.

You will work closely with Technology, Infrastructure, Information Security, Legal, Compliance and Finance in Mumbai, and with IMC's global procurement colleagues in other offices. You will also lead and develop a small team.

Key spend categories: servers, storage and low-latency network hardware; software licences and SaaS; data centre and colocation; telecom and leased lines; cloud services; end-user devices; IT services and support contracts; market data and connectivity.

Your Core Responsibilities:

Sourcing and negotiation

- Identify new vendors and service providers in India and globally, building a strong supplier base for each IT category.
- Run end-to-end sourcing for IT categories: requirements, RFI/RFQ/RFP, vendor evaluation, commercial negotiation and award.
- Negotiate pricing, SLAs, support terms, warranties, delivery timelines and licensing models with OEMs, distributors and service providers.
- Manage urgent hardware buys for trading infrastructure, balancing speed with cost and control.
- Reduce single-vendor dependency by identifying and maintaining alternative suppliers for strategic and critical categories

Market intelligence and forward planning

- Track IT market trends, pricing and supply conditions, such as rising memory, storage and GPU costs, component shortages, lead times and currency movements, and brief stakeholders on what they mean for IMC.
- Build close relationships with IT and infrastructure teams to understand upcoming needs early, and with vendors and OEMs to get early sight of price changes, product roadmaps and end-of-life notices.
- Use this insight to anticipate supply constraints and price rises and act ahead of them, for example by timing purchases, securing allocation or locking in pricing, and to spot savings opportunities.

Contracts and vendor management

- Review and negotiate MSAs, SOWs, NDAs, licence agreements and DPAs with Legal.
- Keep a contract register and renewal calendar so no licence, support contract or circuit lapses unplanned.
- Run vendor onboarding, due diligence and periodic performance reviews against SLAs and KPIs.
- Manage relationships with strategic technology vendors and escalate issues when needed.

Risk, compliance and controls

- Work with Information Security and Compliance on third-party risk assessments, especially for vendors with access to systems or data.
- Work with Finance to handle tax aspects of purchases, including GST, TDS, import duties and documentation for imported hardware.
- Keep procurement auditable: approvals, purchase orders, three-way match and documentation ready for internal and external audit.
- Partner with IT on hardware asset lifecycle: procurement, tagging, refresh cycles and compliant disposal (e-waste).

Budget, reporting and team

- Support annual IT budgeting and forecasting with Finance and Technology leads.
- Report on spend, savings, contract status and vendor performance.
- Improve procurement processes and tools, including the purchase-to-pay workflow.
- Lead, coach and develop 1–2 procurement specialists.

Your Skills and Experience:

- 8–12 years in procurement, with at least 5 years focused on IT or technology categories.
- Bachelor's degree in engineering, business, supply chain or a related field. An MBA or a certification such as CIPS or CPSM is a plus.
- Solid understanding of IT hardware, networking, software licensing models (perpetual, subscription, enterprise agreements) and cloud pricing.
- Strong negotiation skills and a record of measurable savings and better contract terms.
- Experience drafting and negotiating technology contracts and SLAs.
- Working knowledge of Indian procurement requirements: GST, TDS, import and customs processes, and vendor compliance.
- Experience in financial services, trading, or another regulated, technology-heavy environment is strongly preferred.
- Comfort with ERP and procurement tools [e.g. Workday, Coupa, SAP Ariba] and strong Excel skills.
- Clear communicator who can work with engineers, traders, legal and finance, and with global colleagues across time zones.
- Experience managing or mentoring a small team.
- Experience buying data centre or colocation services, low-latency network equipment or market data.
- Exposure to third-party risk management frameworks and information security questionnaires.
- Experience with software asset management (SAM) tools.

## About Us

IMC is a research-driven trading firm where quantitative modeling, machine learning, and engineering shape how modern markets are traded. A stabilizing force in markets since 1989, we provide liquidity across trading venues, delivering the best outcome in value and risk management to investors. Using our own technology and capital, we build proprietary systems and algorithms that operate across global markets. Our researchers, traders, and engineers work as a collective, combining rapid experimentation, advanced infrastructure, and real-time feedback to turn insight into execution and execution into advantage.

## About IMC

## Company Overview
- **One-liner**: IMC is a global trading firm that uses cutting-edge technology, quantitative research, and advanced algorithms to provide liquidity across major asset classes and trading venues worldwide.
- **Entity Type**: Private (bootstrapped)
- **Headquarters**: Amsterdam, Netherlands (global headquarters); major offices in Chicago, Sydney, Mumbai, and other cities.
- **Founded**: 1989
- **Founders**: Two traders (names not publicly disclosed) who met on the floor of the Amsterdam Equity Options Exchange.

## Core Business
- **Primary industry/industries**: Financial Services, Proprietary Trading, Market Making, Financial Technology
- **Target customers**: Institutional clients, exchanges, ETF issuers, buy-side firms, and other market participants. **B2B** focus.
- **Mission or purpose statement**: To be the world’s leading trading firm, supporting fair and transparent markets by providing significant liquidity and competitive pricing. [imc.com](https://www.imc.com/eu/who-we-are)

## Products & Services
- **ETF Market Making**: Acts as a Lead Market Maker (LMM) in more than 150 US exchange-traded funds (ETFs).
- **Options Wholesaling**: A top-3 liquidity provider by volume traded in listed options globally, with connectivity to all OCC venues.
- **Institutional Sales**: Provides off-screen trading for buy-side firms.
- **Crypto Solutions**: Offers global coverage of crypto products including spot, perps, futures, and options, both on- and off-chain.
- **Multi-Asset Class Trading**: Develops innovative technologies and algorithms to trade in all major asset classes on more than 120 venues globally.

## Market Standing
- **Valuation/Market Cap**: Not publicly available (private company).
- **Key Metric**: Over 2,070 employees across 10 global offices as of 2025/2026. [imc.com](https://www.imc.com/eu/who-we-are)
- **Notable Investors/Partners**: Privately held; no external investors disclosed. Key partners include major global exchanges and clearing houses (e.g., OCC).
- **Growth Signals**:
    - Employee count grew from +1,900 to +2,070 in recent years.
    - Operates 9,000+ servers across 9 countries and processes petabytes of data daily.
    - Expanding into crypto and new asset classes.
    - Committed to being Net Zero by 2040.

## Competitive Advantages
- **Technology & Infrastructure**: A world-class technology backbone with 9,000+ servers, petabytes of data processing, and early adoption of AI/ML.
- **Longevity & Experience**: 36+ years of trading history and deep expertise across multiple asset classes.
- **Global Scale**: 24/7 liquidity provision across 120+ trading venues in the US, Europe, Asia-Pacific, and India.
- **Talent Density**: A flat, non-hierarchical culture that attracts top quant researchers, engineers, and traders from 70+ nationalities.
- **Culture of Ownership**: Employees are given significant responsibility early on, with a focus on collaboration and cross-functional teamwork.

## Strategic Focus
- **Quantitative Research & Tech**: Continually investing in quant research, AI, machine learning, and large-scale computing to generate alpha.
- **Global Expansion**: Expanding across new markets and asset classes, including crypto.
- **Sustainability**: Committed to being Net Zero by 2040 and making a positive impact through the IMC Foundations, focusing on education.
- **Talent Development**: Investing heavily in graduate and intern training programs (Graduate Traineeship, Launchpad) to build the next generation of talent.

## Why Work Here
- **Culture & Values**: High-performance, collaborative, and non-hierarchical. 87% of employees say "IMC is a great place to work" (+4% vs global top-10%). [imc.com](https://www.imc.com/us/who-we-are/our-culture-values)
- **Work Environment**: Office-based (no remote policy indicated). Offers free catered breakfast and lunch, snacks, drinks, and Friday socials. Regular team events including an annual weekend trip.
- **Compensation & Benefits**: Competitive compensation with subsidized gym memberships, ergonomic desks, and health/well-being programs.
- **Learning & Development**: Extensive internal and external training programs. Graduates undergo a multi-week Graduate Traineeship (Trading School, Development School, FPGA School).
- **Diversity**: Employees represent 70+ nationalities, with a strong commitment to D&I.
- **Giving Back**: A share of profits is donated to non-profits, with a focus on education. Employees get volunteer time, donation matching, and grants.

## Sources
1. [IMC Homepage](https://www.imc.com/us/)
2. [IMC Careers Page](https://www.imc.com/us/careers)
3. [IMC Who We Are](https://www.imc.com/eu/who-we-are)
4. [IMC Culture & Values](https://www.imc.com/us/who-we-are/our-culture-values)
5. [IMC Recruitment Process](https://www.imc.com/us/careers/recruitment-process)

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