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Associate Vice President,Vendor Management and Procurement

National Bank of Dubai

Posted on October 11, 2017

10 - 15 years Dubai - United Arab Emirates

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Job Description

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Associate Vice President, Vendor Management and Procurement | Manager. Q
Department Description:
Improve Emirates NBD Group business performance by providing world class strategic sourcing and support services which is aligned to our digital transformation strategy
Brief Description:
This role drives the vendor and procurement management within ENBD IT and typically managing the contract life cycle The role of IT procurement management is combined with IT vendor contract management IT vendor performance management IT vendor relationship management and IT vendor risk management
The IT vendor and procurement manager is responsible for managing the contract life cycle which includes changes and modifications involving the enforcement of performance clauses including incentives and remedies The IT vendor contract manager will act as the key contact and subject matter expert for all contractrelated and tendering activities The latter includes assisting with negotiating contract terms conditions modifications incentives and remedies while working with key stakeholders to ensure that their requirements are met Additionally this position manages the contract execution process resolving problems mitigating delays assisting with audits mediating disputes and escalating issues
This position also works under supervision of ENBDs Group procurement department to ensure alignment of the process and policies as defined in the organization
Detailed Description:
Leads the vendor evaluation selection and negotiation process establishes and maintains contractual and business relationships with the strategic vendors monitors contract compliance solves operational issues with vendorseg quality delivery and service issues and align sourcing strategies based on supplier performance and business unit input On an ongoing basis the Sourcing Manager is responsible for holding supplier reviews and ensuring progress to yearoveryear supplier improvement goals
Continuously revisits strategic vendors to build and maintain a tier system
Maintaining a good relationship with the strategic vendors by engaging with them on a regular basis
Ensure strategies are implemented and reductions secured according to implementation plans Contract compliance will be actively monitored by the Sourcing Manager and when required the Sourcing Manager will work with business unit leadership to address noncompliance issues
Develop implement and monitor business unit satisfaction with key suppliers and the supportresponsiveness of the centre purchasing activity for assigned leverage commodities
Develop an expertise in the assigned spend categories
Job Requirements:
Lead the process for vendor selection and management
Monitor strategy implementation and contract compliance
Monitoring customer satisfaction

Banking / Financial Services / Broking

Buying / Purchase / Procurement / Vendor Management

Desired Candidate Profile

*Additional Details:
Successful multiyear track record in an IT procurement contract administration and IT asset management Knowledge specialist Purchasing and inventory management also will make the transition successfully Similar experience in different industry or a vendor position in sales marketing or service industry
Specific commodity experience preferred
Over all 1015 years experience with minimum 5 years negotiating and managing contract life cycles with an emphasis on technology or IT service agreements
Experience in managing large complex contracts in one or more IT categories including hardware software service and communication
Experience working with all key departmentssecurity compliance finance tax AP legal and procurement and knowledge of procurement and vendor management practices and certificationsCIPS ITIL and COBIT
Experience in vendor evaluations and selection of vendors


Associate Vice President Vendor Management and Procurement Strategic sourcing Contract management IT procurement Risk management Operations IT asset management Service industry Performance management Policies Support services

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