Procurement Officer

Full job description

Independently manage end-to-end procurement process for various banking spend categories (marketing, facility management, collections, and valuations) which include RFP, contracts and supplier management.

Key Responsibilities

  • Responsible for day-to-day procurement for the organisation for assigned spend categories.
  • Understand the requirements and needs of the stakeholders/project.
  • Manages end-to-end Source-to-contract process working closely with requestors, Legal and all other relevant stakeholders
  • Manages RFx (RFI, RFQ, RFPs) process in a timely and efficient manner.
  • Continuously strive to get the best value for your money through usage of best practice sourcing process and as per corporate governance requirements.
  • Establish and negotiate the price and contract terms and conditions, prepare and maintain purchasing records, reports and price lists.
  • Maintain and build relationship with the existing and new suppliers to improve levels of service and establish new sources of supply.
  • Ensure compliance with policy, procedures, standards and reporting requirements, plus any relevant regulatory and statutory requirements.
  • Good understanding of the market trend and research potential vendors to procure the right products of right quality at right price.
  • Identify and recommend improvements to existing procedure and processes, suggest changes for improving controls and reducing cost.
  • Review and analyse all vendors/suppliers, supply, and price options at regular intervals.

Competencies

Functional Expert – has knowledge of best practice procurement processes (Strategic sourcing, contract & supplier management, P2P process).

Skills

Should have the following skill sets: communication, negotiation, active listening and learning, reading comprehension, coordination, judgment and decision making, organization, time management, writing, service orientation, negotiation.

Minimum formal education

University Degree or Equivalent


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