Procurement Senior Associate (1 year contract)

Our client is a leading financial institution, and they are looking for a Procurement Senior Associate to join their winning team.

Responsibilities:

Procurement & Vendor Management

• Manage procurement activities, including sourcing, tendering, supplier evaluation, negotiations, and contract awards.
• Support business units with purchasing needs and procurement planning.
• Coordinate vendor onboarding, due diligence, and third-party governance requirements.
• Maintain procurement records, supplier databases, contracts, and renewal schedules.

Strategic Sourcing & Cost Optimization

• Conduct market research and supplier benchmarking.
• Support sourcing strategies and commercial negotiations to achieve cost-effective outcomes.

Contract & Compliance Management

• Monitor contract renewals, supplier performance, and SLA compliance.
• Ensure procurement activities comply with internal policies, regulatory requirements, and audit standards.
• Support audits, policy enhancements, and procurement reporting.

Stakeholder Management

• Partner with internal stakeholders and external suppliers to support procurement initiatives.
• Provide procurement advice and facilitate resolution of vendor-related issues.

Experience:

• Degree in Business, Procurement, Supply Chain, Finance, Accounting, or a related field; procurement certification is a plus.
• 4–7 years' experience in procurement, sourcing, vendor management, or supply chain functions.
• Experience in banking, financial services, insurance, fintech, public sector, or other regulated industries preferred.
• Hands-on experience in supplier sourcing, tendering, contract negotiation, and vendor governance.
• Familiarity with procurement systems and procurement best practices.
• Understanding of vendor due diligence and third-party risk management.