Responsible and accountable for the sourcing of IT Services for the Bank and its subsidiaries alongside with the team. This includes:

• Developing the Scope of Work and subsequent RFIs/ RFQs/RFPs based on the requests created by IT department.

• Formally conduct tenders, analyze tender responses, validate commercials and negotiate with suppliers in alignment with requesters/expense owners.

• Manage end to end contract process in alignment with Group Legal and other relevant departments.

• Allocate some of the projects to the team based on individuals` skills and being accountable on delivery.

• Supervise, coach, and develop a team of 2-3 Senior Associates and Associates, providing guidance on sourcing strategy, supplier negotiations, commercial evaluations, and stakeholder management. Additionally, the incumbent will assist in managing the vendor panel / database as the closest link to suppliers in the Procurement division.

• Build RFIs, RFQs and RFPs with Technology Department and lead strategic IT sourcing from start to finish, including competitive tenders, supplier evaluations, commercial validation, negotiations and contracts.

• Play a key sourcing role in major technology transformation projects, including cloud, infrastructure modernization, cybersecurity, enterprise software, digital platforms, automation and emerging technologies.

• Source across the full IT category, including hardware, software, cloud, telecommunications, cybersecurity and technology professional services, aligned with category strategies and the Bank’s technology roadmap.

• Work closely with Legal and key stakeholders to own the commercial and contracting process, protecting the Bank on licensing rights, SLAs, commercial flexibility, scalability and exit provisions.

• Go beyond the initial purchase price by assessing total cost of ownership, including implementation, integration, licensing, subscriptions, maintenance, upgrades, cloud consumption and exit costs.

• Deliver measurable savings and cost avoidance through competitive sourcing, demand consolidation, market benchmarking, commercial challenge, contract renewals and supplier negotiation.

• Maintain a forward-looking view of IT contracts and plan renewals early, including subscription expiries and end-of-support dates, to avoid reactive or unplanned renewals.

• Partner with Technology and IT asset owners to optimize licenses, subscriptions and cloud spend, identify unused services and reduce commercial and license-audit risk.

• Manage strategic supplier performance and risk, monitor contractual commitments, pursue service credits where applicable and coordinate due diligence with Information Security, Data Privacy, Risk, Compliance and Legal.

• Ensure proofs of concept and emerging technology initiatives are properly governed, with appropriate commercial terms, evaluation criteria and approvals before longer-term commitments are made.

• Lead and develop a team of 2–3 sourcing professionals, providing coaching, allocating projects according to skills and workload, and remaining accountable for the quality and timely delivery of sourcing activities.

• At least 6 years of relevant IT procurement or sourcing experience, ideally within a highly rated international bank or similarly complex organization

• Strong hands-on experience managing IT RFPs, tenders and complex technology negotiations, contracts and transformation projects.

• Good commercial understanding of software licensing, cloud/SaaS, infrastructure, cybersecurity and technology services

• A bachelor’s degree in a relevant field; MCIPS preferred

• Strong negotiation, commercial and analytical skills

• Experience leading or coaching junior sourcing professionals

• Excellent written and spoken English