Job Description
This is a strategic role responsible for ensuring cost optimisation, strong procurement governance, financial discipline, and effective vendor management, while supporting the Bank's broader technology and regulatory objectives. You will also lead a team and act as a key interface between Technology, Finance, Group Procurement, and external vendors, providing meaningful reports and insights to management.
Job Responsibilities
IT Procurement & Vendor Management * Manage end-to-end IT procurement across projects, BAU, infrastructure, software, hardware, and services; * Lead sourcing activities (RFQs/RFPs), commercial evaluations, negotiations, and contract awards; * Ensure procurement processes are fair, transparent, and compliant with Group policies; * Build and manage strategic vendor partnerships to drive value, service quality, and risk management; * Collaborate with Group Procurement and Legal on contract structuring, renewals, and variations. IT Financial Management * Oversee IT operating budgets including forecasting, tracking, variance analysis, and cost optimisation; * Manage POs, invoice validation, accruals, and chargeback processes; * Ensure accuracy and integrity of financial data and reporting; * Support annual budgeting, quarterly forecasting, and management decision-making; * Identify and drive cost-saving initiatives across IT spend. Management Reporting & Insights * Deliver regular reporting on IT spend, procurement performance, and budget utilisation; * Provide insights on financial trends, risks, and optimisation opportunities; * Support audits, regulatory reporting, and Group reporting requirements; * Develop dashboards and metrics to track procurement and financial performance. Leadership & Team Management * Lead, coach, and develop a high-performing procurement/finance team; * Set clear goals, manage performance, and foster a collaborative team culture; * Ensure capability building, succession planning, and operational resilience. Governance, Risk & Compliance * Ensure compliance with internal policies, Group standards, and regulatory requirements; * Support audits and implement corrective actions where required; * Strengthen internal controls across procurement and financial processes.
Job Skills
- Contract-negotiation
- IT-Procurement
- Familiar-with-IT-hardware-specifications
- Cost-management
Job Requirements
- A degree Finance, Accounting, Business, Information System or related fields; * 8–12 years of experience in IT procurement, IT finance, or commercial management; * Strong expertise in vendor management, contract negotiation, and IT cost structures; * Proven experience in budgeting, financial analysis, and cost control; * Solid understanding of IT services, software licensing, and infrastructure spend models; * Experience within a banking or regulated environment is highly preferred; Only shortlisted candidate will be notified.
