Procurement Team Lead

Job Description

• Implement procurement strategies aligned with the bank’s objectives.
• Lead the procurement team to achieve performance goals.
• Identify cost-saving opportunities and improve efficiency in procurement operations.
• Forecast procurement requirements in coordination with other departments.
• Source, evaluate, and negotiate with suppliers for goods and services.
• Maintain strong vendor relationships and ensure compliance with agreements.
• Monitor supplier performance, quality, and risk management.
• Coordinate with group procurement and approval process.
• Ensure procurement policies, procedures, and regulatory requirements are strictly followed.
• Approve purchase requests and contracts within delegated authority.
• Maintain accurate procurement documentation, including contracts and purchase orders.
• Prepare monthly and quarterly procurement reports for management.
• Analyze procurement data to identify trends, savings, and efficiency improvements.
• Track procurement KPIs and recommend process enhancements.
• Work closely with finance, operations,Marketing, IT, and other departments to meet procurement needs.
• Support internal audits, compliance checks, and risk assessments.

Job Requirements

• Must be a Bachelor’s degree holder.
• Minimum 5–7 years in procurement, including at least 2 years in a leadership role, preferably in banking or financial services or IT Service.
• English Language proficiency
• Strong negotiation and contract management skills
• Possess knowledge of procurement processes
• Leadership and team management abilities
• Analytical thinking and data-driven decision-making
• Proficiency in Microsoft Word, Excel and PowerPoint
• Integrity and professionalism
• Strategic thinking and problem-solving
• Effective communication and stakeholder management