Information Technology Procurement

As a Senior Executive - Procurement at the Reserve Bank's IT department, you will be responsible for overseeing the procurement lifecycle, negotiating contracts, and optimizing the acquisition of IT goods and services. With 3 to 6 years of experience, including a mandate of 2 years in IT procurement, you will play a crucial role in ensuring cost-effectiveness and quality in IT procurement. Your responsibilities will include developing and implementing strategic sourcing initiatives, identifying and selecting vendors, establishing strong relationships with IT vendors, negotiating contracts, overseeing the procurement process, and conducting cost-benefit analyses for cost reduction and efficiency improvement. You will also be responsible for drafting, reviewing, and managing IT contracts, monitoring contract performance, and identifying and mitigating potential risks associated with IT procurement. To qualify for this role, you should have a Bachelor's degree in Business Administration, Supply Chain Management, or a related field, along with proven experience in IT sourcing and procurement, preferably within the financial sector. Strong negotiation skills, a comprehensive understanding of contract law, excellent analytical and problem-solving abilities, familiarity with IT trends and technologies, and the ability to collaborate effectively with cross-functional teams are essential for this position. Key skills required for this role include negotiation, vendor management, procurement strategy, contract management, risk assessment, and market analysis. Strong communication and interpersonal skills, attention to detail, and the ability to work independently and collaboratively in a dynamic environment are also important personal attributes for this role. If you are passionate about driving efficiency, managing vendor relationships, and contributing to the success of the Reserve Bank's IT initiatives, we encourage you to apply for this challenging and rewarding position.,