Job Description

Job Category: IT Procurement
Degree Level: Bachelor's Degree
: As a Team Member-IT Procurement, you will be an integral part of the SUPPORT SERVICES-CTO Head team, responsible for the end-to-end management of IT procurement activities. Your role will involve collaborating with various stakeholders, including IT teams, vendors, and internal clients, to understand their technology needs and deliver effective solutions.
Responsibilities:

• Conduct market research and analysis to identify potential IT vendors and suppliers.
• Negotiate and finalize contracts with vendors, ensuring favorable terms and conditions.
• Manage the procurement process, including request for proposals (RFPs), bid evaluations, and contract award.
• Maintain a database of approved vendors and suppliers, ensuring their compliance with bank policies and regulations.
• Develop and implement strategies to optimize IT procurement processes, aiming for cost savings and efficiency.
• Liaise with internal clients to understand their technology requirements and provide expert advice on procurement options.
• Ensure compliance with procurement policies, procedures, and legal requirements, maintaining a high level of integrity.
• Monitor and analyze market trends and industry developments to identify potential risks and opportunities.
• Collaborate with the IT team to align procurement activities with the bank's overall technology strategy.
• Prepare and present regular reports on IT procurement activities, providing insights and recommendations to senior management.

Qualifications:

• Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
• Minimum 3 years of experience in IT procurement or a similar role, preferably in the banking or financial services industry.
• Strong knowledge of IT hardware, software, and services, with an understanding of current market trends.
• Excellent negotiation and communication skills, with the ability to build strong relationships with vendors and internal stakeholders.
• Proficiency in using procurement software and tools for efficient contract management and tracking.
• Analytical mindset with the ability to interpret data and make informed decisions.
• Familiarity with procurement regulations and compliance standards, especially in the banking sector.
• Ability to work independently and manage multiple projects simultaneously.
• Strong organizational skills and attention to detail.
• Willingness to stay updated with industry developments and best practices in IT procurement.

Skills Required