Procurement Officer

HFC Limited, the banking and property finance subsidiary of HF Group, has an exciting opportunity in our Procurement Department. We are seeking a talented, dynamic, self-driven, and results-oriented individual who is committed to performance, excellence, and participating in our growth strategy.

• The Procurement Officer will be responsible for coordinating end-to-end procurement operations, with a key focus on ICT-related goods and services across the Bank and its subsidiaries. The role ensures alignment with corporate strategic objectives, compliance with internal policies, and adherence to regulatory and industry standards.
• This role drives value through strategic sourcing, supplier relationship management, contract negotiation, and cost optimization, while ensuring timely delivery of technology solutions that support operational efficiency, innovation, and business continuity.

Deadline:

Category: Procurement

Subsidiary: HFC

Principle Accountabilities

Strategic Sourcing and Procurement

• Identifying, evaluating, and engaging qualified vendors in line with approved vendor selection criteria and sourcing and procurement policy.
• Ensure adherence to procurement procedures and standards through creating awareness to the users on the processes to be followed.
• Organizing and supporting the development sourcing strategies aligned to the Company's overall ICT and digital transformation strategies
• Organizing vendor on-boarding and contracting in line with company policies
• Conduct market analysis to identify trends, risks and opportunities in the supply market environment.
• Preparation and issuance RFIs, RFQs, RFPs, and tender documents in line with policies.
• Coordinating the end-to-end procurement cycle for works, products and services including hardware, software, licenses, support contracts, IT infrastructure and digital platforms.
• Identify cost reduction opportunities through demand aggregation, strategic sourcing, and improved contract terms.
• Coordinating bid evaluations, supplier due diligence, and recommendation reports.
• Provide regular reporting on ICT procurement activity, cost savings, contract status, and pipeline.

Contracting and Risk management

• Negotiate for value-for-money i.e., competitive favorable contract terms, pricing, SLAs, and delivery schedules with selected vendors, ensuring value for money and risk mitigation.
• Ensure all procurement transactions comply with internal policies, procurement laws, and regulations.
• Collaborate with Legal, Risk, IT Security and Finance teams during contracting, performance reviews and appraisal processes.

Supplier Management & Performance Monitoring

• Developing strong relationships with ICT suppliers, service providers, and partners.
• Monitoring and evaluating supplier performance against agreed SLAs and KPIs.
• Resolve any disputes, delivery issues, or service failures in a timely and professional manner.

Key Competencies and Skills

Technical competencies

• Strong negotiation and communication skills.
• Analytical and decision-making ability.
• Proficiency in ERP and procurement systems (e.g., SAP, Oracle).
• High attention to detail and organizational skills.
• Integrity, professionalism, and adherence to ethical procurement practices.

Behavioral Competencies

• Ability to manage multiple priorities under tight deadlines.
• Collaborative and solutions-oriented mindset.
• Strong stakeholder engagement and relationship management.

Minimum Qualifications, Knowledge And Experience
Academic & Professional Qualification

• Bachelor's degree in Procurement, Supply Chain Management, ICT, Business Administration or a related field.
• CIPS certification is highly desirable.

Experience

• Minimum 4 years of progressive experience in ICT procurement, preferably within banking or financial services.
• Strong knowledge of procurement regulations, ICT market dynamics, and contract law.
• Proven experience managing ICT tenders and vendor negotiations.
• Demonstrated ability to collaborate across ICT, Legal, Finance, and Risk & Compliance functions.