Assistant Manager – Procurement

Job Title: Assistant Manager – Procurement

Department: Human Resources & General Support Services

Job Overview

We are looking for a proactive and detail-oriented Assistant Manager – Procurement to support the Bank’s procurement function through efficient sourcing, vendor management, and purchasing activities. The role is responsible for managing end-to-end procurement processes, ensuring timely acquisition of goods and services, maintaining strong vendor relationships, and ensuring compliance with procurement policies, governance standards, and regulatory requirements.

Key Responsibilities

• Manage end-to-end procurement activities.
• Process purchase requisitions, RFQs, RFPs, tenders, and related procurement documentation.
• Obtain, evaluate, and negotiate vendor proposals and quotations to achieve optimal commercial outcomes.
• Conduct commercial evaluations, cost analyses, and comparative assessments to support procurement decisions.
• Coordinate vendor selection, onboarding, and performance management activities.
• Negotiate pricing, delivery schedules, service levels, and contractual terms with suppliers.
• Prepare and manage purchase orders, contracts, agreements, and procurement records.
• Monitor procurement requests and ensure timely delivery of goods and services.
• Maintain procurement MIS, dashboards, spend analysis reports, and key performance metrics.
• Coordinate with business units to understand procurement requirements and provide sourcing support.
• Support vendor due diligence, third-party risk assessments, audits, and regulatory reviews.
• Identify opportunities for cost optimization, process improvements, and procurement automation.

Experience Required

• 3–5 years of experience in Procurement, Strategic Sourcing, Vendor Management, or Supply Chain functions.
• Experience within banking, financial services, fintech, or other regulated industries will be preferred.
• Exposure to procurement of technology, operational, and professional services is highly desirable.
• Bachelor’s degree in Business Administration, Supply Chain Management, Finance, Commerce, or a related discipline.

Skills & Competencies

• Procurement and strategic sourcing processes
• Vendor management and supplier negotiations
• Contract management and procurement governance
• Cost analysis and commercial evaluations
• RFQ, RFP, and tender management
• Spend analysis, reporting, and procurement MIS
• MS Excel and procurement systems proficiency
• Regulatory, policy, and compliance awareness
• Strong negotiation and influencing skills

Raqami is committed to building a diverse, equitable, and inclusive workplace. We welcome applications from qualified candidates of all backgrounds and are dedicated to providing equal employment opportunities for all.