Procurement Technology Associate

Job Purpose

• Understand business requirement; ensure CPD function performs to its expected level in terms of quality, quantity, vendor / supplier relation, end user satisfaction and bottom-line contribution within agreed time frames.
• Sourcing, negotiating and managing technology related goods and services
• Source and Procure IT hardware, software, cloud services and technology consulting including fintech platforms.
• Manage RFx processes (RFI, RFP, RFQ) in collaboration with IT, Architecture and Security teams.
• Lead commercial negotiations including pricing, licensing models, SLAs
• Partnering with IT cybersecurity, architecture, legal, finance and risk teams
• Act as the commercial interface between technology stakeholders and vendors.
• Identify the areas of cost save, demand management & process improvement.
• Identify suitable potential vendors in areas related to Technology. (not limited).
• Explore new and innovative ideas for, automation, modernizing and simplifying the process, cost effective and value added.

Key Result Areas

• Basic knowledge & Input for Procurement Policy (PP), SOP Revision, and visibility of PP, Compliance to PP internally and externally in the bank.
• Proactiveness in spend management, technology stakeholder engagement and strategy.
• Timely sourcing and renewal of contracts in coordination & intimation to right department.
• Timely issuance of Purchase Orders to the vendors.
• Timely floating of RFP/RFI, issuance of LPO’s accuracy (i.e. ADM category, cost centers, chargeability etc.)
• Daily, weekly, monthly MIS to Head of Technology Procurement.
• Identify cost save transactions and recommend.
• Recommend suitable potential suppliers with regard to internal demand requirements.

Knowledge, Skills and Experience

• Graduate within minimum 3 years of Technology procurement experience.
• Strong Analytical Skill withe. Excel, Word, MIS reporting, and Power Point with good presentation & communication skills.
• Basic knowledge of Banks operating system specifically Oracle, Procurement related applications viz. Sourcing, Tendering, eAuction Contract Management System.
• Teamwork, punctuality, Innovation, Willingness to take more responsibility.
• Professional, with a proven track record of integrity and ethical values without any doubt