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Mashreq

Procurement Officer

Posted 3 hours ago
2-5 years experience
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AI Summary

The Procurement Officer will manage global contracts for IT and non-IT categories while ensuring timely renewals and new contract completions. They are responsible for analyzing data, conducting market surveys, and contributing to the implementation of Oracle Fusion.

Job Purpose :

Manage contracts for all categories (IT and non-IT) globally – key countries are UAE, India, Pakistan and the smaller IBG countries (where needed)
 

Key Result Areas :

This involves various activities as below:
1.    Assist in ensuring that CPD is able to fully utilize the “Contract Lifecycle Management” (CLM) 
2.    Ensure contracts assigned (renewal or new) are fully completed, on time 
3.    Ensure regular and open communication with both internal stakeholders and suppliers 
4.    Through personal efforts, upgrade oneself on the latest best practices
5.    Providing monthly inputs for compilation of departmental MIS
6.    Living the values of the bank, strictly adhering to Mashreq code of conduct
7.    Strong contribution in implementation of Oracle Fusion (Phase 2) by early 2027

 

Responsibilities

  • Analyze data and prepared related reports.
  • Identify, check and develop all sources of supply.
  • Market survey and awareness of new products.
  • Procure supplies for ban, keeping quality and competitive price.
  • Skilful negotiation with related supplier.
  • Communicate effectively with Group / Division and supplier.
  • Perform related duties as assigned.
  • Monthly MIS.

Qualifications

  • Vendor contract management experience of at least 2 years 
  • Excellent analytical and problem-solving skills
  • Experience in negotiation and resolution of contract redlines
  • A good understanding of Mashreq's legal requirements on a vendor contract
  • Excellent interpersonal, oral and written communication skills
  • Ability to create strong customer satisfaction
  • Ability to execute in a demanding and fast paced environment

The leading financial institution in MENA
While more than half a century old, we proudly think like a challenger, startup, and innovator
in banking and finance, powered by a diverse and dynamic team who put customers first.
Together, we pioneer key innovations and developments in banking and financial services.
Our mandate? To help customers find their way to Rise Every Day, partnering with them through
the highs and lows to help them reach their goals and unlock their unique vision of success.
Delivering superior service to clients by leading with innovation, treating colleagues with dignity and fairness while pursuing opportunities that grow shareholders value. 
We actively contribute to the community through responsible banking in our mission to inspire more people to Rise.

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