Procurement Officer
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Key skills for this role
About the Role
Independently manage end-to-end procurement process for various banking spend categories (marketing, facility management, collections, and valuations) which include RFP, contracts and supplier management.
Key Skills for This Role
Full Job Posting
Overview
Independently manage end-to-end procurement process for various banking spend categories (marketing, facility management, collections, and valuations) which include RFP, contracts and supplier management.
Key Responsibilities
- Responsible for day-to-day procurement for the organisation for assigned spend categories.
- Understand the requirements and needs of the stakeholders/project.
- Manages end-to-end Source-to-contract process working closely with requestors, Legal and all other relevant stakeholders
- Manages RFx (RFI, RFQ, RFPs) process in a timely and efficient manner.
- Continuously strive to get the best value for your money through usage of best practice sourcing process and as per corporate governance requirements.
- Establish and negotiate the price and contract terms and conditions, prepare and maintain purchasing records, reports and price lists.
- Maintain and build relationship with the existing and new suppliers to improve levels of service and establish new sources of supply.
- Ensure compliance with policy, procedures, standards and reporting requirements, plus any relevant regulatory and statutory requirements.
- Good understanding of the market trend and research potential vendors to procure the right products of right quality at right price.
- Identify and recommend improvements to existing procedure and processes, suggest changes for improving controls and reducing cost.
- Review and analyse all vendors/suppliers, supply, and price options at regular intervals.
Competencies
**Functional Expert** – has knowledge of best practice procurement processes (Strategic sourcing, contract & supplier management, P2P process).
Skills
Should have the following skill sets: communication, negotiation, active listening and learning, reading comprehension, coordination, judgment and decision making, organization, time management, writing, service orientation, negotiation.
Minimum formal education
University Degree Or Equivalent
Experience 5-7 years experience in Procurement preferably from Banking industry (not a must)
Certification (good to have)
CIPP, CIPM, CIPS Level 4 or equivalent
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