Senior Buyer

Accountabilities and Key Roles:Ensuring Compliance with the procurement policies and procedures.Supervise the Buyers and monitor their performance .Monitor / track the execution of internal clients Purchase Requests to ensure processing in an accurate and timely manner.Prepare the RFPs/RFQs/RFIs and Supplier Bid List for complex Projects/RFPs and Non-standardized RFQs and evaluate the financial proposals .Negotiate with Vendors for the best purchase package in terms of quality, price, terms and delivery period .Set purchase recommendations and prepare the Purchase Orders .Day-to-day coordination with vendors Assist in reviewing countries purchase approval requests and ensure availability of decision support documents . Prepare and maintain accurate records and documentations on all bids.Assist the Payables Section in resolving invoice discrepancies and variancesResolve claims of material/service non-conformance.On-the-job Training for New and Existing Buyers.
Job Requirements:
Education:University degree preferably in IT, management, industrial engineering or any related field from a recognized universityExperience:Over 4 years experience in procurement.
Competencies:Good in English and Arabic. Excellent negotiation /Communications skills. Time management Active learner.Computer skillsPersonal IntegrityAbility to take good decisions within the delegated authority

Why This Role Is a Great Opportunity

Joining Arab Bank as a Senior Buyer offers unparalleled career growth and industry exposure. This role provides the opportunity to work with a leading financial institution in the dynamic market of Amman, Jordan. As a Senior Buyer, you will be at the forefront of strategic sourcing and procurement, playing a key role in optimizing the bank's purchasing strategies and contributing to its financial efficiency.

The Senior Buyer position is ideal for professionals looking to deepen their expertise in procurement while leading a team. You will gain valuable experience in negotiating high-stakes contracts and managing complex vendor relationships, equipping you with the skills needed to advance into more senior roles within the organization or the broader industry. Moreover, the financial sector is constantly evolving, and your contributions will directly impact Arab Bank's ability to stay competitive and innovative.

Key Skills You Need to Succeed

• Procurement Compliance: Understanding and ensuring adherence to procurement policies is crucial for maintaining ethical and efficient operations.
• Team Leadership: Supervising and mentoring Buyers requires strong leadership abilities to motivate and guide your team towards achieving performance goals.
• Analytical Skills: Proficiency in tools like Excel and programming languages such as Go and R are essential for analyzing data and making informed purchasing decisions.
• Vendor Negotiation: Skilled negotiation with vendors ensures the best terms for quality, price, and delivery, directly impacting the bank's bottom line.
• Project Management: Coordinating the execution of Purchase Requests demands excellent organizational skills to ensure timely and accurate processing.

Tips to Get Hired for This Role

To stand out as a top candidate for the Senior Buyer position at Arab Bank, focus on showcasing your relevant experience and skills effectively in your resume. Highlight your achievements in procurement, particularly any cost-saving initiatives or successful negotiations you have led.

During the interview, prepare to discuss your experience with procurement compliance and team leadership. Arab Bank values candidates who can demonstrate a strong understanding of their procurement processes and who can seamlessly integrate into their team-oriented culture. Be ready to provide examples of how you've managed vendor relationships and tackled complex purchasing challenges in previous roles.

Lastly, familiarize yourself with Arab Bank's core values and recent developments in the financial industry. This knowledge will not only help you tailor your application to align with the bank's goals but also show your preparedness and interest in the role.