Senior Associate,Procurement

Job Purpose

• Understand business requirement; ensure Procurement Team performs to its expected outcome in terms of quality, quantity, vendor / supplier satisfaction, end user satisfaction and bottom line contribution.
• Conduct Market research to identify suitable potential vendors for products, services and supplies.
• Review and recommend process improvement. Identify the areas of cost save, process optimization, demand management.
• Explore new and innovative ideas for, automation, modernizing and simplifying the process, cost effective and value added.
• Run UAT testing of all upgrades and modifications, consolidate and report errors.
• Roll out RFP / e-tender to prospective vendors in accordance to the procurement policy.
• Conduct eAuctions for negotiating the cost and also conducting post auction manual negotiation wherever deemed necessary.
• Creating and submitting Recommendation of Award (ROA) for Procurement initiatives and obtain Stakeholder approvals.
• Post ROA approval getting the contract reviewed by the stakeholders for the technical confirmation of project SLAs & KRAs.
• Ensure completion of renewals is well before the renewal date.
• Structured, Consistent, Risk Aware application of controls and oversight of spend.
• Explore new and innovative ideas for, automation, modernizing and simplifying the process, cost effective and value added.
• Through personal efforts, upgrade oneself on the latest best practices
• Providing monthly inputs for compilation of departmental MIS
• Assist & Guide Stakeholders in drafting Scope, BOQ or Commercial template.
• Prepare all control reports on regular intervals, including Weekly Report, Lean Huddle Boards, Team workflow and other control reports upon request
• Conduct Team Huddle on a daily basis, report RCPS and update team on Demand Management initiatives.
• Receive approved requisitions for influence-able and non-influence able spend and action in coordination with the requestor based on the Procurement Policy.
• Identify and Advise Finance on Internal controls from procurement perspective
• Living the value of the bank, adhering to code of conduct

Key result Areas

Knowledge, Skills and Experience