Job Summary
The Strategic Sourcing Analyst is responsible for supporting the coordination of strategic sourcing, tendering, and purchasing activities to ensure the timely and efficient delivery of goods, works, and services required to meet the Bank's strategic needs. The role involves supporting procurement processes, analyzing vendor data, preparing service level agreements, and ensuring quality standards while promoting collaboration, continuous improvement, and effective stakeholder relationships.
Key Duties & Responsibilities
Support the coordination of strategic sourcing, tendering, and purchasing activities.
Assist in ensuring the timely delivery of goods, works, and services required to meet the Bank's operational and strategic needs.
Support the preparation, development, and negotiation of service level agreements (SLAs) between service providers and customers.
Analyze and interpret vendor data from various sources to identify trends, generate insights, and recommend viable solutions.
Conduct or support quality inspections to verify compliance with established quality control procedures.
Identify opportunities to improve sourcing, tendering, purchasing, and quality assurance processes.
Collaborate with internal teams and external stakeholders to support efficient procurement and service delivery.
Academic and Professional Qualifications
Bachelor's Degree in Business Administration, Logistics Management, Property Management, Purchasing and Supplies Management, or another related field.
Relevant professional qualifications and certifications are an added advantage.
Work Experience
Minimum of four (4) years of relevant post-qualification experience in a similar role.
Functional / Technical Competencies
Service Level Agreement Preparation:
Ability to effectively create, develop, and negotiate SLAs between service providers and their customers.
Data Analysis and Interpretation:
Ability to analyze and interpret vendor data from various sources to identify trends and insights and recommend viable solutions.
Quality Assurance:
Ability to conduct inspections to verify compliance with quality control procedures and identify opportunities for process improvement.
Behavioral Competencies
Leadership Competency
- Collaboration
Encompasses effective communication, teamwork, dependability, and engagement.
Teamwork:
Collaborating and communicating in ways that allow team members to share their strengths and expertise and support one another in achieving their goals.
Engagement:
Demonstrating active dedication and involvement in collaborative activities, projects, initiatives, the Bank's platform and culture, CSR initiatives, training programmes, and the organization's mission, vision, and values.
Communication:
Exchanging information and ideas clearly and effectively to ensure shared understanding.
- Adaptability
Ability to adapt to change without disrupting operations and adjust effectively to new situations and circumstances.
Continuous Improvement:
Commitment to continually identifying ways to improve work processes and outcomes.
Agility:
Ability to respond and move quickly and effectively.
Responsiveness:
Ability to adapt to change and meet new demands promptly.
- Customer Centricity
Understanding customers' needs and meeting or exceeding their expectations by building long-term relationships, using data-driven decision-making, and continuously improving processes and methods.
Relationship Management:
Demonstrating readiness to collaborate with stakeholders and build sustainable relationships.
Empathy:
Understanding and appreciating customers' feelings, perspectives, and experiences.
Data-Driven Decision-Making:
Consistently using data to guide work and make informed decisions.
- Respect
Recognizing respect as a foundation for strong relationships among teams, organizations, and customers.
Professionalism:
Conducting oneself with competence, integrity, and respect in the workplace.
Inclusivity:
Embracing diversity, respecting individual identities, and fostering a sense of belonging.
Genuineness:
Being authentic, sincere, and transparent in interactions while respecting truth and authenticity.
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