Strategic IT Procurement Lead – Banking & Digital

STAR SERVICES LLC

Abu Dhabi

On-site

AED 300,000 - 520,000

Full time

14 days+

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Job summary

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.

Qualifications

  • 10+ years of progressive procurement and strategic sourcing experience, with significant experience in banking or financial services.
  • Proven banking procurement experience, preferably within a UAE or GCC banking environment.
  • Diversified procurement across IT/Technology and indirect categories.
  • Strong understanding of the banking, financial services ecosystem, technology landscape and market trends.
  • CIPS, CPSM or equivalent professional procurement certification preferred.
  • Master's degree in Procurement, Supply Chain, Business Administration, Finance, Information Technology or related field is required.

Responsibilities

  • Lead end-to-end procurement and strategic sourcing across IT technology professional services and other indirect categories.
  • Develop and execute sourcing strategies, RFPs, RFQs, vendor evaluations and commercial negotiations.
  • Manage procurement for software, SaaS, cloud, cybersecurity, IT infrastructure, telecommunications and other IT services.
  • Drive cost optimization, benchmarking, savings and total-cost-of-ownership initiatives.
  • Lead commercial negotiations and ensure contractual and commercial protections.
  • Support vendor due diligence and third-party risk management.
  • Ensure procurement activities comply with internal policies, governance frameworks and regulatory requirements.
  • Monitor market and industry developments and identify emerging technologies and procurement opportunities.

Skills

Procurement & Sourcing
Stakeholder Management
Negotiation
Strategic Thinking
Procurement Governance

Education

Master's degree

Job description

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.

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