Procurement Technology Associate

3 weeks ago

Dubai, United Arab Emirates Lancesoft Europe Full time

Job Purpose Understand business requirement; ensure CPD function performs to its expected level in terms of quality, quantity, vendor/supplier relation, end user satisfaction and bottom-line contribution within agreed time frames. Responsibilities Sourcing, negotiating and managing technology related goods and services Source and procure IT hardware, software, cloud services and technology consulting including fintech platforms Manage RFx processes (RFI, RFP, RFQ) in collaboration with IT, Architecture and Security teams Lead commercial negotiations including pricing, licensing models, SLAs Partner with IT cybersecurity, architecture, legal, finance and risk teams Act as the commercial interface between technology stakeholders and vendors Identify areas of cost savings, demand management and process improvement Identify suitable potential vendors in areas related to technology (not limited) Explore new and innovative ideas for automation, modernization and simplification of processes to achieve cost effectiveness and added value Key Result Areas Basic knowledge and input for Procurement Policy (PP), SOP revision, and visibility of PP; compliance to PP internally and externally in the bank Proactiveness in spend management, technology stakeholder engagement and strategy Timely sourcing and renewal of contracts in coordination and intimation to the right department Timely issuance of purchase orders to vendors Timely floating of RFP/RFI, issuance of LPOs with accuracy (e.g., ADM category, cost centers, chargeability, etc.) Daily, weekly, and monthly MIS reporting to the Head of Technology Procurement Identify cost-saving transactions and recommend opportunities Recommend suitable potential suppliers with regard to internal demand requirements Knowledge, Skills and Experience Graduate with a minimum of 4 years of technology procurement experience Strong analytical skills with proficiency in Excel, Word, MIS reporting, and PowerPoint; excellent presentation and communication skills Basic knowledge of bank operating systems, specifically Oracle, and procurement-related applications such as Sourcing, Tendering, eAuction, and Contract Management System Teamwork, punctuality, innovation, and willingness to take on more responsibility Professional with a proven track record of integrity and ethical values Procurement Associate • MBHQ, Al Asayel Street, Down Town, Dubai (MBPSC Dubai), DU, United Arab Emirates #J-18808-Ljbffr

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