Senior Officer Technology Procurement

apartmentDubai Islamic Bank placeDubai calendar_month 

Job description / Role

Employment: Full Time

Job purpose

Technology categories subject matter expert (SME) managing high value and complex purchases and covering the end to end sourcing life cycle.

Key responsibilities
  • Drive high value and complex sourcing initiatives/projects for technology purchasing categories.
  • Analyze the spend of the assigned technology categories and identify potential cost saving opportunities in collaboration with business units stakeholders.
  • Partner with business units' stakeholders to ensure smooth communication and clear documentation.
  • Support the strategic sourcing lead to take direct responsibility for large scale or complex sourcing initiatives through category/commodity plans whilst ensuring the risk associated with the purchase of goods and services are mitigated commercially, contractually and operationally.
  • Execute strategic sourcing activities for assigned technology categories including but not limited to business requirements, spend analysis, supply market analysis, agree on sourcing strategies, preferred vendors and tendering tools (RFP/RFQ/RFI), purchase order issuance and contract handover to business unit, procurement operations and vendor management.
  • Support line manager to achieve key performance indicators (KPI) as set out in the objectives.
  • Track and report category spend, savings and general performance.
  • Monitor and forecast upcoming projects for assigned technology categories.
  • Forecast price and market trends to identify changes of balance in buyer-supplier negotiation power.
  • Renew annual maintenance contract in due time at the best cost.
  • Execute sourcing strategies and comply with contractual guidelines.
  • Enhance the overall procurement cycle and ensure the best value for money spend.
  • Ensure compliance with the approved policies, procedures, SLAs and regulatory requirements to maintain quality standards and ensure risk mitigation.

Competencies/skills

Education

Minimum graduation or bachelor's degree in business administration, technology or equivalent field.

Work experience

Minimum of 3 - 4 years of experience in procurement category management buying related to technology products and services.

Technical competencies
  • Strategic sourcing
  • eProcurement
  • Tendering tools (RFx)
  • Spend analysis
  • Supply market analysis
  • Vendor management
  • Negotiation skills
  • Contracts and contracts management
  • Sharia principles of Islamic finance
  • ERP applications
Job Function: Purchasing & Procurement

Company Industry: Finance, Investment & Asset Management

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