Procurement Specialist| Associate

💰 ₹18,000 - ₹28,800 (Est.) 📍 Bengaluru

Job Description

Do you want to be a part of the expansion and digital transformation team as IT Associate Procurement specialist in Denmark's largest bank?

Join us in building a Better Bank by driving change initiatives within our Group Procurement and Real Estate with the vision of truly changing the way the bank functions. Better ways of working program is part of a broader program that will help Danske Bank transform the way it operates. Better Ways of Working will succeed with modernizing Danske Bank e.g. decoupling dependencies, and optimizing on our tools, processes and cost, to enable and ensure that we, in collaboration of the other streams, can build a Better Bank and continue to maintain an innovative environment

The Team -

Danske Bank IT tactical Procurement Team is responsible for procuring all IT related activities: SaaS, Software, IT Services, Communications (telco solutions), Hardware. The team consists of people with an international mind set and is located in Vilnius and Bangalore. It is a mix between experienced and senior professionals and young talents.

IT Procurement is expanding and we are looking for IT Associate - Procurement specialist in our tactical team.

Job Description -
• Manage the IT sourcing projects and must be able to understand the business requirements and execute the procurement strategies
• Execution of tactical procurement related activities including, but not limited to market analysis, contract management, vendor analysis of critical vendors
• Work with various stakeholders from business units, IT, legal, and compliance for the execution of sourcing projects proactively.
• Deep understanding of IT categories (software, SaaS, telecommunication, hardware and IT services), its features
• Ability to challenge stakeholder requirements in a discrete business manner
• Experience with IT outsourcing agreements will be a High advantage.

Primary Responsibilities:-
• Execution of procurement activities in the bank for IT categories
• Proactively work on contracts that are nearing expiry with the business to have them executed on time
• Will be responsible to drive end to end activities which includes establishing sourcing, managing the Rfx, and conduct contractual and commercial negotiation
• Should be able to manage complex and high value projects independently with proven negotiation skills and managing the entire contract life cycle
• Ability to understand contractual clauses, legal terms, compliance, risk clauses, commercial negotiations.
• Ability to identify solutions for complex business problems with proactive approach

Must have:-
• 2 - 4 years of experience:- (preferably IT Procurement)
• Qualification - Graduate. Procurement domain certification would be added advantage
• Worked with global stakeholders, cross cultural teams with multinational companies
• Collaboration and Interpersonal skills
• Experienced in RFx (RFI, RFP, RFQ, Reverse Auction) methodologies
• Strong Analytical skills
• Strong command over English language and eye for details, good communication skills
• Aware of multiple sources to validate prices/benchmarking apar

💡 Quick Summary

Seeking a career-building opportunity? The Procurement Specialist| Associate position is now open for candidates interested in the Bank Jobs sector. This role in Bengaluru offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.

Sponsored

Job Details

Company Name: Citizens & Northern Bank

Frequently Asked Questions

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The expected salary for Procurement Specialist| Associate in Bengaluru is ₹18,000 - ₹28,800 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Procurement Specialist| Associate is an on-site position based in Bengaluru. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Procurement Specialist| Associate. Previous experience in Bank Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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