Senior Procurement Officer
About this role
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.
Frequently Asked Questions
Is the salary disclosed for the Senior Procurement Officer position at Mashreq?
Where is the Senior Procurement Officer position at Mashreq located?
Is the Senior Procurement Officer role at Mashreq full-time or part-time?
How do I apply for the Senior Procurement Officer position at Mashreq?
When was the Senior Procurement Officer job at Mashreq posted?
You'll be redirected to Mashreq's official application page on oraclecloud.