Procurement Specialist

KEY RESPONSIBILITIES: MUST NOT BE MORE THAN 10

• Develop and execute procurement plans in line with approved budgets, operational needs, and procurement policies.
• Conduct sourcing and tendering activities by preparing, issuing, and managing RFQs, RFPs, and tenders in compliance with procedures.
• Evaluate bids and proposals using approved criteria and prepare award recommendations to ensure transparency and value for money.
• Process purchase requisitions and purchase orders within delegated authority levels and approved procurement thresholds.
• Source, prequalify, onboard, and manage suppliers, ensuring they meet quality, service, cost, and compliance requirements.
• Maintain and monitor supplier performance and initiate corrective actions to address non-performance or service gaps.
• Manage procurement contracts and service agreements by ensuring proper documentation, compliance, and timely renewals.
• Ensure full compliance and audit readiness by maintaining complete procurement records and supporting internal and external audits.
• Identify and implement cost optimization initiatives through market research, spend analysis, and supplier negotiations.
• Collaborate with internal stakeholders and committees by providing procurement guidance, analysis, and recommendations.

JOB REQUIREMENTS

For the above position, the successful applicant should have the following:

• Bachelor's degree from a recognized institution
• Professional procurement certification or Master's degree will be an added advantage
• Master's degree will be added as advantage
• Minimum 3 years' experience in procurement/Banking Operations
• Strong understanding of procurement processes and Suppliers' relationship
• Excellent planning, organization and report writing skills.
• Excellent the ability to anticipate issues and to design appropriate solutions.
• Excellent planning, organizing, problem solving and analytical skills.
• A good understanding of strong risk management practices paying particular attention to operational, reputational, compliance and ethical risks.