IT Procurement Specialist

Responsibilities :

• Manage end-to-end sourcing and procurement processes for IT and services.
• Collaborate with IT, Business Units, Finance, Legal, Compliance, Information Security, Risk Management, and Operations throughout the procurement process.
• Conduct market research and supplier analysis to identify, evaluate, and onboard qualified vendors and emerging market trends.
• Coordinate technical and commercial evaluations with cross-functional stakeholders.
• Lead commercial negotiations with vendors to achieve the best value for the Bank.
• Monitor vendor performance and maintain strong relationships to ensure service excellence.
• Coordinate vendor contract renewals and ensure timely reviews before contract expiry.
• Collaborate with Finance to support cost optimization, budgeting alignment, and procurement governance.
• Provide procurement recommendations and sourcing solutions to internal stakeholders.
• Manage procurement documentation, vendor records, and contract administration.
• Maintain complete procurement documentation to support audit and regulatory reviews.
• Ensure procurement activities comply with internal policies, regulatory requirements, and governance standards.
• Promote ethical procurement practices and prevent conflicts of interest

Qualifications :

• Bachelor's degree in any discipline. A background in Accounting, Finance, Business Administration, Supply Chain Management, or a related field will be an advantage.
• Minimum 3–5 years of experience in procurement, strategic sourcing, contract management, or vendor management, preferably involving IT products and professional services.
• Strong negotiation, analytical, and stakeholder management skills.
• Experienced in managing vendor relationships, procurement documentation, and contract administration.
• Experience in banking or financial services industry is an advantage