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Reem Bank is seeking a seasoned procurement and strategic sourcing leader to drive end-to-end IT technology and indirect category sourcing in a fast-moving banking environment.
You will develop sourcing strategies, lead complex negotiations, manage vendor risk, and align procurement with the bank's digital transformation and regulatory requirements. This role requires 10+ years in banking procurement with GCC exposure and a Master's degree.
Lead end-to-end procurement and strategic sourcing across IT technology professional servicesand other indirect categories Develop and execute sourcing strategies RFPs RFQs vendor evaluations and commercialnegotiations Manage procurement for software SaaS cloud cybersecurity ITinfrastructure telecommunications managed services system integration and technology consulting Manage strategic supplier relationships contracts renewals SLAs and supplier performance Partner with IT Cybersecurity Information Security Finance Risk Legal Compliance andbusiness functions Drive cost optimization benchmarking savings and total-cost-of-ownership initiatives Lead commercial negotiations and ensure appropriate contractual and commercial protections Support technology vendor due diligence and third-party risk management Ensure procurement activities comply with internal policies governance frameworks and applicableregulatory requirements Monitor market and industry developments and identify emerging technologies suppliers andprocurement opportunities relevant to banking Develop procurement strategies that support the Bank s digital transformation innovation andgrowth agenda Continuously improve procurement processes controls supplier performance and overall valuedelivery
We are looking for a well-rounded procurement professional with strong banking experience and broad industry exposure, who understands that procurement in a digital bank extends beyond cost andtransactional purchasing.
Function: Procurement / Strategic SourcingIndustry: Digital Banking / Financial ServicesExperience: 10+ yearsEducation: Master's degree requiredBanking Experience: RequiredIndustry Exposure: Broad/diversified industry knowledge preferredCIPS/CPSM: Preferred