• FAB UAE Careers | AVP, Technology - Sourcing

    FAB UAE Careers | AVP, Technology - Sourcing

    Location: Abu Dhabi - United Arab Emirates

    Job Description

    Duties and Responsibilities

    Your main responsibilities in this role include the following:

    • The Sourcing Category Manager will provide direction and experienced guidance to Sourcing Manager(s) and Transactional Buyer(s) assigned to the category, to ensure suppliers and contracts are delivering value for money, minimizing risk, and improving service and social objectives for the categories of responsibility

    • Provides leadership and accountability, ensuring process compliance and delivering optimal sourcing benefits from category management.

    • Ensures best commercial value is negotiated and obtained for purchases. Specifically prepare requests for quotations, negotiate, select and identify most appropriate supplier (price, quality, conditions…) in collaboration with requesting department. Also negotiate contracts with legal department.

    • Works with the Head of Sourcing to defined FAB Category strategy, setting performance objectives and monitoring progress. Also actively engaging with and securing support from key local stakeholders (Finance, HRG,…)

    • Collaborates with stakeholders to create, manage, and execute category plans e.g.:

    • Develops annual category sourcing plans through detailed analysis of contracts, spend analysis, usage patterns, future demands, and benchmark data ensuring full alignment between FAB requirements and SVM targets.

    • Lead transformational change through category strategies to include demand management, specification review, and “grouping” of similar goods and/or services using catalogue management techniques.

    • Ensure that SVM Sourcing Category Management is aligned with FAB corporate Strategies, in cooperation with business planning and strategy and delivers results to the bottom line.

    • Ensures that market intelligence is updated regularly and - ensures that any changes are updated in the category strategy and the appropriate steps are taken accordingly to mitigate any potential impact that this information may have to the organization

    • Monitors and reports all strategic savings on a monthly basis to the Head of Sourcing.

    • Continuously reviews category management information to identify “new opportunities” to minimize any potential savings gap.

    • Provide expertise, leadership and support to FAB organizations to drive overall productivity program, promoting best practice sharing, benchmarking, market intelligence, etc.

    • Actively participate and contribute to the development of SVM as a value adding function within the FAB organization through empowered and experienced stakeholder management.

    Job Requirements

    • Master's degree preferred, with a minimum Bachelor’s degree in Business Administration or related discipline.

    • 7 years' of relevant experience in any sector with at least 5 years in similar positions of progressively increasing managerial responsibilities in the payments industry; covering product & implementation roles.

    Job Details

    Company/Organization: First Abu Dhabi Bank - FAB

    Employment Type: Full-time

    Job Location: Abu Dhabi, United Arab Emirates