Procurement Manager

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Basic information
Job role
Procurement
Career level
Management (6-10 years)
Description
  • Manage end-to-end procurement activities, including sourcing, vendor evaluation, procurement planning, request for proposal (RFP) processes, commercial negotiations, contract coordination, and purchase order management.
  • Support the implementation and ongoing enhancement of procurement policies, procedures, governance frameworks, and controls aligned with internal requirements and regulatory expectations.
  • Partner with business and support functions to understand procurement requirements and ensure timely sourcing of goods, technology solutions, professional services, and operational support services.
  • Manage procurement activities across key spend categories, including technology, digital platforms, software licensing, professional services, facilities, marketing, outsourcing arrangements, and operational services.
  • Conduct vendor sourcing, due diligence, market assessments, and supplier evaluations to ensure quality, commercial competitiveness, and alignment with business requirements.
  • Coordinate and support commercial negotiations with suppliers to achieve optimal pricing, service quality, contractual protections, and commercial terms.
  • Work closely with Legal, Risk, Compliance, Finance, Information Security, and Business stakeholders to ensure procurement activities comply with governance, regulatory, legal, and risk requirements.
  • Support third-party risk management and vendor governance activities by coordinating vendor onboarding, due diligence, risk assessments, contract reviews, and performance monitoring.
  • Monitor vendor performance, service delivery, and contractual obligations to ensure service-level expectations and business outcomes are achieved.
  • Ensure procurement documentation, vendor records, contracts, approvals, and audit trails are maintained accurately and in accordance with governance requirements.
  • Support budgeting, cost optimization, and spend analysis initiatives to improve procurement efficiency and value realization.
  • Prepare procurement reporting, vendor performance dashboards, spend analysis, and management information for senior stakeholders.
  • Conduct market benchmarking and supplier assessments to identify cost-saving opportunities, sourcing alternatives, and procurement improvements.
  • Support procurement requirements related to regulatory readiness, licensing activities, and new business or product initiatives.
  • Assist in audit and regulatory reviews by providing procurement-related documentation, evidence, and remediation support where required.
  • Promote continuous improvement in procurement practices, vendor governance, and procurement automation capabilities.
Requirements
  • Bachelor’s degree in Business Administration, Supply Chain Management, Procurement, Finance, Operations, Engineering, or a related field; professional certifications preferred (e.g., CIPS, CPSM, PMP, or equivalent).
  • 8–10+ years of progressive experience in procurement, sourcing, vendor management, supply chain, or third-party management roles, preferably within banking, financial services, fintech, technology, telecommunications, or another regulated industry.
  • Proven experience managing end-to-end procurement processes, including vendor sourcing, RFP management, commercial negotiations, and supplier performance management.
  • Strong understanding of procurement governance, contract management, third-party risk, and vendor lifecycle management practices.
  • Experience procuring technology solutions, digital platforms, software, outsourced services, and professional services is strongly preferred.
  • Familiarity with procurement controls, budgeting, spend analysis, and cost optimization techniques.
  • Strong negotiation and commercial management skills with the ability to balance cost, quality, service delivery, and risk considerations.
  • Experience collaborating with Legal, Risk, Compliance, Finance, and business teams to support procurement and vendor governance activities.
  • Understanding of regulatory expectations related to outsourcing, vendor risk, and procurement governance, preferably within the Central Bank of Egypt (CBE) framework.
  • Strong analytical, stakeholder management, and communication skills with the ability to manage multiple vendor relationships and priorities.
  • High attention to detail with a strong governance, control, and compliance mindset.
  • Ability to operate effectively in a fast-paced, digital, and transformation-oriented environment.
  • Fluency in Arabic and English is required.
Company information
Industry
Banking and Financial Services
Area
New Cairo