Job description
Key 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, 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 and
business 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 applicable
regulatory requirements.
• Monitor market and industry developments and identify emerging technologies, suppliers and
procurement opportunities relevant to banking.
• Develop procurement strategies that support the Bank's digital transformation, innovation and
growth agenda.
• Continuously improve procurement processes, controls, supplier performance and overall value
delivery.
What We're Looking For
• 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.
• Demonstrated diversified procurement experience across IT/Technology as well as other indirect
and corporate procurement categories.
• Strong understanding of the banking industry, financial services ecosystem, technology landscape
and evolving market trends.
• Broad industry knowledge with the ability to benchmark practices, suppliers, commercial models
and emerging solutions across industries.
• Strong hands-on experience in IT and technology procurement.
• Good understanding of cloud, SaaS, software licensing, cybersecurity, infrastructure,
telecommunications and IT services.
• Proven experience in complex commercial negotiations, contract management and strategic
vendor management.
• Strong understanding of procurement governance, third-party risk, supplier due diligence and
regulatory requirements within banking.
• Ability to work effectively with senior stakeholders across technology, business, risk, finance, legal
and compliance functions.
• Strong analytical, commercial, negotiation and stakeholder-management skills.
• Master's degree in Procurement, Supply Chain, Business Administration, Finance, Information
Technology or a related discipline is required.
• CIPS, CPSM or equivalent professional procurement certification is preferred.
The Ideal Candidate
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 and
transactional purchasing.
The ideal candidate will:
• Understand the banking and financial services environment and its regulatory, operational and
technology requirements.
• Bring cross-industry knowledge and market intelligence to identify innovative procurement
approaches and best practices.
• Be commercially astute while understanding the importance of risk, governance, cybersecurity,
resilience and regulatory compliance in banking.
• Be adaptable and comfortable working in a fast-moving, technology-driven and evolving
environment.
• Demonstrate the ability to align procurement strategies with Reem Bank's vision, values, digital first approach and long-term growth objectives.
• •
Be open to new ideas, technologies, operating models and ways of working.
• Build strong relationships across the organization and act as a strategic business partner rather
than operating only as a transactional procurement function.
• Have the maturity and flexibility to adapt to the evolving needs and strategic direction of Reem
Bank.
Function : Procurement / Strategic Sourcing
Industry : Digital Banking / Financial Services
Experience : 10+ years
Education : Master's degree required
Banking Experience : Required
Industry Exposure : Broad/diversified industry knowledge preferred
CIPS/CPSM: Preferred
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