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  2. Senior Manager - Procurement

Senior Manager - Procurement

D360 Bank

RiyadhFull-time

5–12 years of experience

4 weeks ago

Job description

The role is responsible for developing and executing the organization's procurement strategy to ensure the delivery of best value, operational excellence, and sustainable supplier partnerships. This role leads strategic sourcing initiatives, drives digital transformation, optimizes costs, strengthens procurement governance, and provides executive leadership with insights into procurement performance and value creation.

Develop and implement the procurement strategy, aligning sourcing activities with business objectives and long-term growth plans. Lead high-value, complex sourcing initiatives, including strategic negotiations, contract management, and supplier selection to achieve optimal commercial outcomes. Build, manage, and strengthen strategic supplier relationships to ensure high performance, innovation, risk mitigation, and long-term value. Drive cost optimization and value creation initiatives by identifying savings opportunities, improving total cost of ownership, and enhancing procurement efficiency. Lead procurement digital transformation initiatives by implementing and optimizing procurement technologies, automation, and data analytics to improve processes and decision-making. Establish and strengthen procurement governance, policies, procedures, and compliance frameworks to ensure adherence to regulatory requirements and organizational standards. Monitor procurement performance through key performance indicators (KPIs), prepare executive reports, and present procurement strategies, achievements, risks, and improvement initiatives to senior leadership. Perform any other duties assigned to by line manager related to the nature of the work. Ensure / participate in implementation, adherence and enforcement to SAMA Cybersecurity Framework and other related bodies required for D360 Bank to remain compliant to but not limited to policies, procedures, practices, training, reporting, personal due diligence and vigilance, within departmental/unit activities and operations

Preferred Qualifications A tertiary-level qualification from an internationally recognized institution Years & Nature of Experience Would have 5 to 7 years of equivalent experience where required competencies and experience have been demonstrated in Procurement A specialist individual contributor or a team lead who has managed and delivered projects Has team or technical supervision skills Demonstrated expertise and experience with complex technical activities Has worked with more senior staff and dealt with complex issues, larger clients, accounts, projects, or internal relationships.

Technical Competencies Procurement Management Quality Assurance Management Conflict Management Behavioural Competencies Collaboration Communication Digital fluency Teamwork Attention to Details

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