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    MA

    Mashreq Bank

    Banking

    Senior Procurement Officer

    Any, EgyptOn-SiteFull-time7+ yrs experiencePosted 1w ago
    All Mashreq Bank jobs

    Job description

    Knowledge, Skills and Experience

    • Bachelor’s degree required; Master’s/MBA preferred.

    • +7 years strategic sourcing/procurement experience, ideally within financial services/banking and across multiple regions.

    • Proven leadership of high-value, complex negotiations 

    • Strong PC skills (Excel, Word, PowerPoint, MIS office) with advanced analytics capability.

    • Hands-on with P2P/CLM/VRM platforms (Coupa, Ariba, Icertis, ServiceNow/Archer/OneTrust) and ERP (SAP/Oracle).

    • Certifications desirable: MCIPS/CIPS, CPSM, Certified Third-Party Risk Professional, privacy/security credentials (CIPP, CCSP). Preferred.

    • High ethical standards; strong integrity and adherence to compliance policies.

    • Good communication skills; Speak and write fluently in English and the local language

    Key Responsibilities

    • Develop and implement sourcing strategies for both non-IT and IT categories, including facilities management, logistics, marketing, HR services, professional services, real estate, indirect spend, technology products, software, hardware, IT services, telecom, and related technology procurement requirements.
    • Lead the end-to-end procurement process: market research, supplier prequalification, RFI/RFP/RFQ, bid analysis, negotiations, and award recommendations.
    • Drive cost optimization, total cost of ownership (TCO) reduction, and value creation while ensuring compliance with company policies and regulatory requirements
    • Build and maintain strategic supplier relationships, ensuring quality, timely delivery, and service-level compliance.
    • Conduct supplier performance reviews, risk assessments, and develop corrective action plans when needed..
      • Negotiate long-term agreements and framework contracts covering pricing, payment terms, liability, warranties, and performance guarantees.
      • Monitor market trends and inflationary pressures to adjust sourcing strategies and mitigate supply risks.
      • Develop and manage multi-year procurement roadmaps, aligning sourcing initiatives with organizational goals and budgets.
      • Promote sustainable procurement practices including ESG, supplier diversity, and responsible sourcing.

    Key Attributes

    • Teamwork, punctuality, innovation, and willingness to take more responsibility.

    • Strong stakeholder management; ability to influence Director/MD level.

    • Professional with a proven track record of integrity and ethical values.

    Job details are sourced from the employer's original posting.

    Open job posting
    MA

    About the company

    Mashreq Bank

    Mashreq Bank is a leading financial institution in the UAE, offering a wide range of banking and financial services.

    View all Mashreq Bank jobs
    Industry
    Banking
    Open roles
    418

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