Job Description

Job Purpose

Understand business requirement; ensure CPD function performs to its expected level in terms of quality, quantity, vendor / supplier relation, end user satisfaction and bottom-line contribution within agreed time frames. Sourcing, negotiating and managing technology related goods and services Source and Procure IT hardware, software, cloud services and technology consulting including fintech platforms. Manage RFx processes (RFI, RFP, RFQ) in collaboration with IT, Architecture and Security teams. Lead commercial negotiations including pricing, licensing models, SLAs Partnering with IT cybersecurity, architecture, legal, finance and risk teams Act as the commercial interface between technology stakeholders and vendors. Identify the areas of cost save, demand management & process improvement. Identify suitable potential vendors in areas related to Technology. (not limited). Explore new and innovative ideas for, automation, modernizing and simplifying the process, cost effective and value added.

Key Result Areas

Basic knowledge & Input for Procurement Policy (PP), SOP Revision, and visibility of PP, Compliance to PP internally and externally in the bank. Proactiveness in spend management, technology stakeholder engagement and strategy. Timely sourcing and renewal of contracts in coordination & intimation to right department. Timely issuance of Purchase Orders to the vendors. Timely floating of RFP/RFI, issuance of LPO's accuracy (i.e. ADM category, cost centers, chargeability etc.) Daily, weekly, monthly MIS to Head of Technology Procurement. Identify cost save transactions and recommend. Recommend suitable potential suppliers with regard to internal demand requirements.

Knowledge, Skills and Experience

Graduate within minimum 3 years of Technology procurement experience. Strong Analytical Skill withe. Excel, Word, MIS reporting, and Power Point with good presentation & communication skills. Basic knowledge of Banks operating system specifically Oracle, Procurement related applications viz. Sourcing, Tendering, eAuction Contract Management System. Teamwork, punctuality, Innovation, Willingness to take more responsibility. * Professional, with a proven track record of integrity and ethical values without any doubt