Head: Procurement (MT5 ) - Finance Department
Position summary
Introduction
Job description
Key Performance Areas (KPAs)
1. Procurement
· Oversee the management and control of the Bank’s procurement process in terms of best practices, systems and controls.
· Develop and execute new improved procurement strategies across all channels of purchasing.
· Creation and improvement of best practice processes for sourcing, contracting, supplier relationship management and procure to pay.
· Be the in-house procurement expert, providing advice and guidance to colleagues on all procurement matters.
· Overall responsible for the issuance, update and control of the Bank’s procurement policy and procedures and to oversee its application.
· Proactively build, develop and maintain valuable relationships with key stakeholders.
· Manage every aspect of the supply chain.
· Develop supplier relationships and ensure implementation of effective supplier management practices in conjunction with contract management and business partners.
· Monitor suppliers’ performance, ensure service level agreements (SLAs) and key performance indicators (KPIs) are met, and drive improvement.
· Identification and realization of cost saving and cost reductions opportunities
· Budget management for categories under management and procurement itself
2. People Management
· Excellent stakeholder and people management skills; demonstrating the ability to deliver results in a fast-paced environment.
· Capacity to form and maintain good working relationships with a wide network of internal and external stakeholders.
· Manage the skill and competency development of procurement staff including training development and knowledge management capabilities.
· Management of procurement staff in (and across) sourcing, contracting, transactional purchasing, supplier management, and miscellaneous internal procurement support activities.
3. Communication
· Excellent oral and written communication skills; ability to translate complex procurement issues into layman’s terms for non-specialist audiences.
· Presentation and communication to Board and Executive Procurement committees
Core Competencies:
· Deciding and Initiating Action
· Leading and Supervising
· Adhering to Principles and Values
· Relating and Networking
· Applying Expertise and Technology
· Planning and Organising
· Coping with Pressures and Setbacks
· Delivering Results and Meeting Customer Expectations
· Entrepreneurial and Commercial Thinking
Experience/Knowledge and skills
· 8 years working experience of which 3 should be at a managerial level.
· Extensive experience in procurement ideally in the financial services industry.
· Knowledge of sourcing and vendor management methodologies.
· Excellent analysis skills, strategic mind-set, capable of prioritizing and making trade-offs.
Minimum requirements
Qualification
· At least a bachelor's degree in supply Chain management, Economics, Finance, Operations or a related area.