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Senior Procurement Officer

Senior Procurement Officer

Mashreq
7-9 Years
  • Posted 3 hours ago
  • Be among the first 10 applicants

Job Description

Knowledge, Skills and Experience
• Bachelor's degree required; Master's/MBA preferred.
• +7 years strategic sourcing/procurement experience, ideally within financial services/banking and across multiple regions.
• Proven leadership of high-value, complex negotiations
• Strong PC skills (Excel, Word, PowerPoint, MIS office) with advanced analytics capability.
• Hands-on with P2P/CLM/VRM platforms (Coupa, Ariba, Icertis, ServiceNow/Archer/OneTrust) and ERP (SAP/Oracle).
• Certifications desirable: MCIPS/CIPS, CPSM, Certified Third-Party Risk Professional, privacy/security credentials (CIPP, CCSP). Preferred.
• High ethical standards; strong integrity and adherence to compliance policies.
• Good communication skills; Speak and write fluently in English and the local language

Key Responsibilities
- Develop and implement sourcing strategies for both non-IT and IT categories, including facilities management, logistics, marketing, HR services, professional services, real estate, indirect spend, technology products, software, hardware, IT services, telecom, and related technology procurement requirements.
- Lead the end-to-end procurement process: market research, supplier prequalification, RFI/RFP/RFQ, bid analysis, negotiations, and award recommendations.
- Drive cost optimization, total cost of ownership (TCO) reduction, and value creation while ensuring compliance with company policies and regulatory requirements
- Build and maintain strategic supplier relationships, ensuring quality, timely delivery, and service-level compliance.
- Conduct supplier performance reviews, risk assessments, and develop corrective action plans when needed..
• Negotiate long-term agreements and framework contracts covering pricing, payment terms, liability, warranties, and performance guarantees.
• Monitor market trends and inflationary pressures to adjust sourcing strategies and mitigate supply risks.
• Develop and manage multi-year procurement roadmaps, aligning sourcing initiatives with organizational goals and budgets.
• Promote sustainable procurement practices including ESG, supplier diversity, and responsible sourcing.

Key Attributes
• Teamwork, punctuality, innovation, and willingness to take more responsibility.
• Strong stakeholder management; ability to influence Director/MD level.
• Professional with a proven track record of integrity and ethical values.

More Info

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Key Skills

VRM platforms

Icertis

OneTrust

MCIPS

Certified Third-Party Risk Professional

About Company