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based on 346 Reviews

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39 Mashreq Global Services Jobs

Senior Associate.Centralized Procurement - Procurement

Mashreq Bank

based on 346 Reviews

3-5 years

₹ 3 - 10.6L/yr (AmbitionBox estimate)

Kolkata, Mumbai, New Delhi + 4 more

1 vacancy

Senior Associate.Centralized Procurement - Procurement

Mashreq Global Services

posted 2hr ago

Flexible timing

Key skills for the job

+ 4 more

Understand business requirement; ensure Procurement Team performs to its expected outcome in terms of quality, quantity, vendor / supplier satisfaction, end user satisfaction and bottom line contribution.
Conduct Market research to identify suitable potential Non-Technology vendors for products, services and supplies.
Review and recommend process improvement. Identify the areas of cost save, process optimization, demand management.
Explore new and innovative ideas for, automation, modernizing and simplifying the process, cost effective and value added.
Roll out RFP/e-tender to prospective vendors in accordance to the procurement policy.
Conduct eAuctions for negotiating the cost and also conducting post auction manual negotiation wherever deemed necessary.
Creating and submitting Recommendation of Award (ROA) for Procurement initiatives and obtain Stakeholder approvals.
Post ROA approval getting the contract reviewed by the stakeholders for the technical confirmation of project SLAs & KRAs.
Through personal efforts, upgrade oneself on the latest best practices
Assist & Guide Stakeholders in drafting Scope, BOQ or Commercial template.
Receive approved requisitions for influence-able and non-influence able spend and action in coordination with the requestor based on the Procurement Policy.
Living the value of the bank, adhering to code of conduct

Graduate within minimum 3 - 5 years of Non-Technology related procurement experience
Strong PC Skills i.e. Excel, Word, MIS office, Power Point and good communication skills.
Basic knowledge of Banks operating environment.
Familiar with Oracle Procurement, procurement features and functions.
Good command over automated analytical tools to support vendor analysis, evaluation matrix, performance analysis, SLA, TAT measurements etc.
Teamwork, punctuality, Innovation, Willingness to take more responsibility.

Professional, with a proven track record of integrity and ethical values without any doubt.

Input for Procurement Policy (PP), SOP Revision, and visibility of PP Compliance to PP internally and externally.
Structured, Consistent, Risk Centered application of controls and oversight of spend.
Proactive in spend management, stakeholder engagement and strategy.
Basic knowledge of demand/expense management.
Timely floating of RFP/RFI, issuance of I-POs accuracy (i.e. ADM category, cost centers, chargeability etc.)
Identify cost save transactions and prepare Recommendation of Award
Ensure professional supply market research and Innovation from supplier market.
Recommend suitable potential suppliers with regard to internal demand requirements.
Contact person for suppliers; e.g. by handling of inquiries, supporting suppliers in answering the supplier questionnaire.
Maintain strict compliance with the Confidentiality and Non-Disclosure Agreement and principles.