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IT Procurement Category Manager

KBZ Bank
Kamaryut | Yangon
  1 Post
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IT Procurement Category Manager
KBZ Bank, Kamaryut | Yangon

IT Procurement Category Manager

KBZ Bank

IT Procurement Category Manager

KBZ Bank
Recruiter active10 hours ago This Company is Actively
Hiring. Your CV will be Sent
Directly to the Company.
This Company is Actively
Hiring. Your CV will be Sent
Directly to the Company.
Myanmar - Yangon
Verified This Job has been Verified as
Real by the Company.

Experience level

Experienced Non-Manager

Job Function

Procurement, Supply Chain

Job Industry

Banking/ Insurance/ Microfinance

Min Education Level

Bachelor Degree

Job Type

Full Time

Job Description

A Fantastic Opportunity for ...

1. Strategic Sourcing & Vendor Management

  • Develop and execute comprehensive IT procurement strategies aligned with the
  • bank's digital transformation goals and overall business objectives.
  • Develop, schedule, and actively manage the annual IT procurement calendar,
  • ensuring the timely execution of contract renewals, scheduled RFPs, and strategic
  • sourcing events in alignment with IT project roadmaps.
  • Lead the end-to-end Request for Proposal (RFP), Request for Information (RFI), and
  • Request for Quotation (RFQ) processes for complex IT categories.
  • Identify, evaluate, and onboard high-quality technology vendors, maintaining a
  • resilient and diversified vendor portfolio.
  • Conduct regular vendor performance reviews and build strategic, long-term
  • relationships with key technology partners (e.g., Cisco, AWS, Oracle, Huawei).

2. Contract Negotiation & Financial Management

  • Negotiate complex Master Services Agreements (MSAs), Service Level Agreements (SLAs), and licensing terms to secure the most advantageous commercial conditions.
  • Perform Total Cost of Ownership (TCO) analysis and benchmarking to ensure the bank receives optimal value for its IT spend.
  • Collaborate with the Finance department to forecast IT procurement budgets, track actual spending, and identify continuous cost-saving opportunities without compromising system integrity.
  • Prevent software license non-compliance and manage renewals proactively.

3. Risk Management & Regulatory Compliance

  • Ensure all IT procurement activities comply with internal banking policies and external regulatory frameworks (e.g., PCI-DSS, central bank guidelines on technology risk).
  • Partner with the Head of Technology and IT Security teams to conduct stringent Third-Party Risk Management (TPRM) assessments, ensuring vendors meet strict data security and privacy standards.
  • Work closely with the Legal department to embed necessary risk-mitigation clauses, data protection terms, and exit strategies into vendor contracts.

4. Cross-Functional Leadership & Process Improvement

  • Act as the primary liaison between IT stakeholders, project managers, and the procurement function to understand technical requirements and project timelines.
  • Implement and enforce standardized IT procurement workflows and governance procedures.
  • Drive the adoption and optimization of the bank's digital procurement and ERP systems (e.g., SAP Ariba, Coupa, Oracle).
  • Lead, mentor, and develop a team of IT procurement specialists or buyers

Open To

Male/Female

Job Requirements

  • Bachelor Degree in Supply Chain Management, Business Administration, Information Technology, Finance, or a related field. (A Master's Degree or MBA is highly preferred).
  • 5 to 8 years of experience in strategic procurement, sourcing, or vendor management, with a dedicated focus on IT categories (software, hardware, cloud, and managed services).
  • Banking/Financial Services Experience: Proven track record working within the banking or financial services sector.
  • Technical Acumen: Strong understanding of modern enterprise IT infrastructure, cloud computing licensing models (IaaS, PaaS, SaaS), and software licensing metrics.
  • Negotiation & Legal: Exceptional negotiation skills with a solid understanding of contract law, IP rights, data privacy, and IT liability limitations.
  • Analytical Ability: High proficiency in financial modeling, spend analysis, and budget forecasting.
  • Risk Awareness: Deep understanding of cybersecurity risks and compliance requirements associated with third-party IT vendors.
  • Communication: Excellent interpersonal skills with the ability to influence C-level executives and bridge technical and non-technical terms.

What we can offer

Benefits

Quarterly Bonus
Ferry (YGN area)
Uniform
Health Care Support

Highlights

International Standards
Leading Bank in Myanmar

Career Opportunities

Opportunities for promotion
Possibility
Training provided