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Senior Associate/Associate - Procurement Sourcing

Yoma Bank
Thanlyin | Yangon
Verified This job has been verified by the company as a real job vacancy.
01 Sep 2025
Recruiter active 2 days ago The recruiter at this company was last active reviewing applications.
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Senior Associate/Associate - Procurement Sourcing
Yoma Bank, Thanlyin | Yangon

Senior Associate/Associate - Procurement Sourcing

Yoma Bank

Senior Associate/Associate - Procurement Sourcing

Yoma Bank
Recruiter active 2 days ago The recruiter at this company was last active reviewing applications.
Myanmar - Yangon
Verified This job has been verified by the company as a real job vacancy.

Experience level

Entry Level

Job Function

Procurement, Supply Chain

Job Industry

Banking/ Insurance/ Microfinance

Min Education Level

Bachelor Degree

Job Type

Full Time

Job Description

A Big Opportunity for ...

ROLE PURPOSE

The role holder is responsible for the sourcing and procurement activities to ensure the timely and cost-effective acquisition of products and services. This role involves identifying vendors, negotiating contracts, managing relationships with vendors, and contributing to the overall efficiency of the procurement process.

KEY RESPONSIBILITIES

  • Collaborate with internal departments to understand procurement needs and specifications. 
  • Ensure that all procurement activities strictly adhere to internal SOPs, policies, and organizational standards, maintaining consistency and compliance throughout the process. 
  • Prepare and issue Request for Quotations (RFQs), Request for Proposals (RFPs), Requests for Information (RFIs) and Call for Tender (CFTs). 
  • Identify, assess, and build relationships with vendors to ensure competitive pricing and reliable supply. 
  • Manage the end-to-end procurement process, sourcing and negotiation to vendor relationship management. 
  • Conduct market research to identify new procurement opportunities and cost-saving strategies. 
  • Maintain accurate procurement records, track vendor performance, and ensure contract compliance. 
  • Identify procurement-related issues and suggest solutions for resolution with vendors. 
  • Prepare and analyze reports to support informed decision-making and drive procurement cost optimization. 
  • Perform additional tasks assigned by the line manager as needed. 

Open To

Male/Female

Job Requirements

QUALIFICATIONS REQUIRED 

Knowledge & Skills

Essential 

  • Strong knowledge of procurement best practices, negotiation and vendor management. 
  • Strong verbal and written communication skills and interpersonal skills for effective collaboration with internal and external stakeholders to meet procurement goals. 
  • Analytical mindset with the ability to make data-driven decisions. 
  • Familiarity with relevant laws, regulations, and ethical standards in procurement. 
  • Proficient in Microsoft Office Suite (Excel, Word, PowerPoint) and experience with procurement software. 
  • Certification in procurement is an advantage.

Education & Special Training   

Essential

  • Bachelor's degree in business, supply chain management, or a related field is preferable.

Experience

Essential

  • Proven experience in procurement, with a minimum of [2] years, is preferable.

Languages

Essential  

  • Good interpersonal and communication skills in Myanmar and English, both verbal and written. 

What We Can Offer

Benefits

• Ferry Provided
• Mobile Phone Allowance
• Life Insurance
• Limited Medical Cover

Highlights

• Empowered Working Environment
• Diverse Team

Career Opportunities

• Learning and Development Platform
• Opportunities to Explore Multiple Career Paths