Procurement Specialist (Emiratization)

RAKBANK

On-siteFull TimeMid LevelFinance & Banking
Posted 4h ago

Why we think you can apply

Employer country
United Arab Emirates
Hiring model
UAE-based role · the employer hires in the UAE
Work from
The employer's office · on-site
Time-zone overlap
Gulf Standard Time · none needed

Posted 4 hours ago · apply link checked 3 hours ago

About the role

Responsibilities

  • Manage day-to-day procurement activities for assigned spend categories
  • Lead end-to-end Source-to-Contract activities with business units, Legal, Risk and Finance
  • Execute RFI, RFQ and RFP sourcing events
  • Negotiate commercial terms, pricing and service-level agreements with suppliers
  • Support category management strategies to optimize spend and supplier performance
  • Ensure procurement complies with internal policies and regulatory standards
  • Conduct market research and supplier benchmarking
  • Maintain procurement records, contracts and supplier information
  • Monitor supplier performance and resolve service issues
  • Support procurement reporting

Requirements

  • Bachelor's degree or equivalent in Business, Supply Chain, Procurement or related field
  • Experience managing sourcing events, supplier negotiations and contract management
  • Understanding of strategic sourcing and supplier management frameworks
  • Experience handling multiple procurement categories independently
  • Proficiency in Microsoft Office and procurement systems
  • UAE National with a family book

Preferred Qualifications

  • Excellent negotiation, stakeholder management and influencing skills
  • Strong analytical and problem-solving capabilities

Benefits

  • Pay-for-performance culture with competitive compensation
  • Professional development and learning opportunities
  • Comprehensive employee benefits and wellbeing programs

About the Company

RAKBANK is a UAE bank focused on innovation, growth and governance.

What we look for

  • Bachelor's degree or equivalent in Business, Supply Chain, Procurement or related field
  • Experience managing sourcing events, supplier negotiations and contract management
  • Understanding of strategic sourcing and supplier management frameworks
  • Experience handling multiple procurement categories independently
  • Proficiency in Microsoft Office and procurement systems
  • UAE National with a family book
  • Excellent negotiation, stakeholder management and influencing skills
  • Strong analytical and problem-solving capabilities
NegotiationMicrosoft OfficeSourcingProcurementsupplier managementContract management
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