Manager, Procurement (UAE National)

Description

Operating in the UAE for over 50 years, CBD manages the financial requirements of some of the largest corporates and businesses operating in the country, driving the UAE economy. Over the years, CBD has transformed into a progressive and modern banking institution winning multiple awards for its digital initiatives, credit cards, bank accounts, mobile app features and services.

CBD has been recognized as the number one bank in the UAE on the Forbes list of The World’s Best Banks 2022.

As we continue to build upon our successes, we are looking for ambitious individuals who are passionate about the banking and finance industry and the markets in which CBD operates. Just as important to us is your ability to demonstrate a talent for dealing with people - your colleagues and our customers - and delivering service that really goes the extra mile.

Job Purpose

• Manage sourcing exercises for assigned categories, including market analysis, tender documentation, supplier evaluation and commercial recommendations.
• Lead negotiations within delegated authority, working with Legal, Risk and business stakeholders to secure competitive terms, clear service levels and appropriate contractual protection.
• Oversee supplier onboarding and due diligence, ensuring complete documentation, appropriate approvals and compliance with internal and regulatory requirements.
• Monitor supplier performance, spend, contractual commitments and key risks; coordinate performance reviews and corrective actions with supplier owners
• Oversee requisitions, purchase orders, quotation activity and related documentation, resolving exceptions and ensuring transactions follow the correct procurement channel
• Advise stakeholders on procurement policy, sourcing options, timelines and commercial considerations, and act as an escalation point for operational procurement matters.
• Analyse procurement and supplier data, provide management reporting and identify opportunities to improve controls, systems, cycle times and value delivery.
• Apply sound judgement, maintain accurate audit trails and ensure procurement activity complies with CBD policies, applicable laws and ethical standards.
• Provide day-to-day guidance and quality review for Procurement Support Officers and contribute to consistent ways of working across the procurement team.

Requirements

Skills and Experience

• Typically 5-7 years’ relevant procurement, sourcing or supplier-management experience, including ownership of competitive sourcing and commercial negotiation.
• Experience in banking, financial services or another regulated environment is preferred.
• Demonstrated experience managing stakeholders, supplier performance, procurement governance and contract-related issues.
• Bachelor’s degree in Business Administration, Supply Chain, Finance or a related discipline.
• A recognised procurement or supply-chain qualification, such as CIPS, is preferred