Assistant Manager, Procurement

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Job Purpose

To ensure that the overall administration of the Bank's non-IT procurement meets the requirement set by the Bank.

Accountabilities

• Source and qualify vendors to meet the specific needs of our business units.
• Manage the sourcing process by developing and issuing Requests for Quotation (RFQs), Requests for Proposal (RFPs), and Requests for Information (RFIs) according to project needs.
• Conduct due diligence on potential vendors, evaluating capabilities, financial stability, and reputation.
• Analyze vendor quotes, conduct market research, and negotiate pricing and terms to optimize cost savings.
• Manage vendor relationships to build trust and secure the best possible deals.
• Assist with the preparation of proposal documents when required.
• Summarize vendor quotes, provide sourcing reports, and communicate effectively with internal stakeholders.
• Review existing contracts for key terms, pricing structures, and performance obligations.
• Review and update procurement policies and procedures as needed.
• Ensure assigned sourcing projects are completed on schedule and within budget.
• Perform any other tasks or relief duties assigned by the supervisor.
  
  

Job Requirements

• Minimum a Bachelor's Degree in Business Administration/Banking/Finance/Accounting or other equivalent
• Minimum of 3 years work experience in procurement or related field.
• Strong analytical and problem-solving skills.
• Excellent negotiation and decision-making abilities.
• Negotiation and decision-making skills.
• Excellent proficiency in Microsoft Office Suite (Word, Excel, PowerPoint).
• Ability to work independently and as part of a team.
• Excellent interpersonal and communication skills (written and verbal), preferably in English.
• Strong organizational skills and the ability to manage multiple tasks effectively.
• A high level of accuracy and attention to details.
• Strict adherence to and understanding of bank procurement policies and procedures.