Job Description

We are Hiring for a Leading Commercial Bank ! Vertical : Administration & Infrastructure Job Profile : IT Procurement - Senior Manager Responsible for leading and managing procurement activities related to IT hardware, software, services, and infrastructure. This role ensures that the organization acquires technology assets and services at optimal cost, quality, and delivery timelines while maintaining compliance with internal policies and industry regulations. Key Responsibilities: 1. Strategic Procurement • Ensure IT procurements aligned with organizational technology goals and budgets. • Collaborate with IT leadership to forecast technology requirements and plan procurement accordingly. 2. Vendor Management • Identify, evaluate, and manage IT vendors and suppliers, including hardware manufacturers, software providers, and service consultants. • Establish and maintain strategic relationships with key IT suppliers to ensure cost effective and reliable service and for Continues improvement. • Conduct vendor assessments, negotiations, and contract renewals. 3. Procurement Operations • Oversee the procurement of IT products and services, including hardware, software licenses, cloud services, network solutions, and maintenance agreements. • Manage the lifecycle of technology assets, including procurement, deployment, and disposal. • Optimize procurement processes to reduce costs while maintaining quality and compliance. 4. Compliance and Risk Management • Ensure compliance with organizational procurement policies, IT governance frameworks, and legal requirements. • Mitigate risks related to IT procurement, such as data security, vendor lock-in, and service disruptions. 5. Cost Management and Optimization • Negotiate contracts and service level agreements (SLAs) to achieve cost savings without compromising service quality. • Monitor IT procurement budgets and provide regular updates to senior management. • a culture of innovation, efficiency, and collaboration within the team. 6. Reporting and Analytics • Utilize procurement data and analytics to track IT spending, identify cost-saving opportunities, and measure supplier performance. • Provide detailed reports to IT and executive leadership on procurement activities and outcomes. Qualifications : • Bachelors degree in Information Technology and Business Administration, Supply Chain Management, or a related field (Masters preferred). • 7-8+ years of progressive experience in procurement, with a focus on IT procurement for at least 3 years. • Deep understanding of IT products and services, including hardware, software, cloud solutions, and managed services. • Proficiency in procurement software and IT tools • Strong negotiation, analytical, and problem-solving skills. Key Competencies: • Expertise in IT procurement lifecycle management. • Strategic thinking and the ability to align IT procurement with organizational goals. • Knowledge of licensing models, IT contracts, and vendor management. • Ability to manage and lead a team effectively. • Strong understanding of market trends in technology procurement.