IT Procurement Manager

Job Requirements

Key Responsibilities

• Develop and implement procurement strategies for technology products and services in line with the bank's overall business objectives
• Identify and evaluate potential vendors and negotiate contracts and pricing to ensure the best value for the bank
• Manage the end-to-end procurement process, including vendor selection, contract negotiation, and ongoing vendor management
• Collaborate with internal stakeholders to understand their technology needs and provide guidance on procurement processes and best practices
• Monitor and track vendor performance and ensure compliance with contract terms and service level agreements
• Stay updated on industry trends and market conditions to identify potential cost-saving opportunities and improve procurement processes
• Develop and maintain relationships with key vendors and manage vendor relationships to ensure timely delivery of products and services
• Prepare and present reports on procurement activities and vendor performance to senior management
  

Qualifications

• Bachelor's degree in Business Administration, Supply Chain Management, or a related field
• Minimum of 5 years of experience in IT procurement, preferably in the banking or financial services industry
• Strong understanding of procurement processes and best practices
• Excellent negotiation and vendor management skills
• Ability to work collaboratively with cross-functional teams and manage multiple projects simultaneously
• Strong analytical and problem-solving skills
• Excellent communication and interpersonal skills
• Proficiency in Microsoft Office and procurement software