Responsibilities
- Assist in sourcing and procuring IT hardware, software, and related services based on internal requirements.
- Coordinate with internal teams to collect procurement needs and ensure timely delivery.
- Support vendor research and evaluate alternative suppliers for cost, quality, and compliance.
- Maintain a database of approved IT vendors and manage day-to-day communication.
- Track vendor contracts, renewals, and support documentation workflows.
- Collaborate with legal and finance teams to ensure contract terms align with policy.
- Assist in comparing supplier quotes and identifying cost-saving opportunities.
- Help ensure procurement practices follow bank compliance and audit standards.
- Monitor licensing usage, subscription renewals, and purchase timelines.
Requirements:
- Bachelor's degree in IT, Business Administration, Procurement, or a related field.
- 2-4 years of experience in IT procurement or sourcing, ideally within the banking or financial services industry.
- Basic understanding of IT infrastructure, software licenses, SaaS, and cloud-based services.
- Exposure to procurement tools or ERP systems (e.g., SAP, Ariba, Oracle, Coupa).
- Strong attention to detail and organizational skills.
- Good communication and stakeholder coordination abilities.
- Ability to manage multiple tasks in a fast-paced, regulated environment.
- Basic knowledge of IT contract structures, SLAs, and vendor governance.
- Experience with RFQs, RFPs, and procurement documentation.
EA License No. - 25C2690 | EA Registration No. - R1330510 | [Confidential Information]
