Lead-Marketing Procurement

Job title: Lead-Marketing Procurement
Company: IDFC FIRST Bank
Job description: Job Description:

Job Title: Lead Marketing Procurement

Function: Enterprise Services Group

Job Purpose:

The role entails primary responsibility for procurement of all Marketing products and services for the bank while ensuring cost efficiency. This is a vital role which is accountable for the smooth functioning of the day to day maintenance and facilities of the bank and contributes to maintaining overall efficiency and cost effectiveness.

Roles & Responsibilities:

• Develop Marketing procurement strategies that are inventive and cost-effective.
• Source and engage reliable suppliers and vendors.
• Actively manage sourcing activities relating to business models, via management of RFQ RFP & RFI, key sourcing processes and quotation analysis / negotiation.
• Act as the bridge/conduit between the service providers (vendors) and business teams.
• Spearhead the vendor management program to ensure smooth governance and high operational efficiencies.
• Responsible for issuance of purchase order post acceptance by business team.
• Ensure early engagement with all levels of management within the bank to determine needs, develop strategies and plan and provide procurement sources in support of those needs.
• Leads the requisitioning and vendor pay-outs for (ESG).
• Ensure all establishment related compliances.
• Expect unfavorable events through analysis of data and prepare control strategies.
• Prepare procurement reports for senior management.
• Perform risk assessments on potential contracts and agreements.
• Capture and share best- practice knowledge amongst the team.
• Create an environment that promotes collaborative learning and collective ownership of responsibilities.
• Drive Savings: Develop saving plans for the identified projects and work with expense line owners to explore savings opportunities through operational excellence.
• Keep abreast with Marketing procurement management and global procurement process benchmarks to employ best practices.
• Collaborate strongly with the business/ support units and provide them with requisite materials and services that help them in their day to day operations.
• Monitor key parameters on productivity, hiring quality and costs via maintaining relevant scorecards.
• Build, groom and retain top-class procurement talent pool to enable high levels of process efficiencies.
• Attract and retain best-in-class talent for key roles in their reporting structure

Educational Qualifications:

Graduation: Bachelor's in engineering / Technology / Math's / Commerce / Arts / Science / Biology / Business / Computers / Engineering / Management.

Experience: 10 to 18 years of relevant experience.
Expected salary:
Location: Mumbai, Maharashtra
Job date: Sat, 02 Dec 2023 05:17:35 GMT
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