Jobs at Equity Bank Kenya

Equity Bank is one of the region’s leading banks whose purpose is to transform the lives and livelihoods of the people of Africa socially and economically by availing them modern and inclusive financial services that maximize their opportunities. With a strong footprint in Kenya, Uganda, Tanzania, Rwanda, South Sudan and DRC Congo, Equity Bank is now home to over 12 million customers - the largest customer base in Africa.
Currently, the Bank is seeking additional talent to serve in the role outlined below within the Procurement Department.
 
Job Responsibilities

Procurement Category Governance

• Identify, head, and oversee complex sourcing Technology projects consisting of software, hardware, and maintenance.
• Ensure apt stakeholders are involved in IT procurement decision process.
• Respond to specialized user groups requirements consisting of satisfaction with vendor selection and service.
• Recommend advice concerning with identification and establishment suitable parameters.
• Provide optimum terms and conditions, estimate and resolve execution barriers on time.
• Develop and maintain professional business relations with key external and internal stakeholders.
• Identify needs, reduce unwanted product and service demand.
• Ensure to accomplish IT procurement business goals and objectives.
• Ensure engagement of main stakeholders early for strategic sourcing process.
• Perform activities steadily maintaining objective and transparent approach every time.
• Coordinate and head enterprise broad standards and parameters settings.
• Develop and maintain IT supplier base with input from internal procurement business partners.
• Ensure to develop and maintain communally beneficial strategic relations with Technology vendors across the Group.
• Define and head key complicated projects to implement procurement strategies.

Supplier Performance Management

• Responsible for Group IT supplier performance evaluation and monitoring
• Provide support to business functions in managing the contract execution and ensuring compliance with contractual SLA and KPI’s
• Manage supplier dispute resolutions
• Manage the supplier satisfaction survey process

Contract Negotiation & Management

• Implements procurement strategies and conducts negotiations for technology requirements across the group
• Negotiates agreements to support total business requirements rather than focusing on lowest-price options
• Engages and collaborates with Legal department appropriately for contract database management.
• Creates various types of contracts or agreements that can be used to accomplish the bank’s commercial & technical goals

Supplier Relationship Management

• Liaise with Finance to ensure timely payments of
• Effective follow up & liaison with vendors for timely availability of material
• Ensuring timely feedback/ response to Queries
• Closely coordinating between End user and Vendor

Budgeting & Reporting

• Produce regular reports on performance by Procurement category assigned and provide comprehensive management information and in-depth analysis when requested including spend analysis, savings secured and potential savings – for forecast and budgets
• Develop and execute annual departmental cost optimization targets for the annual Budget process.
• Reporting weekly on on-going tender activities for the category

People Development

• Ensuring that the Procurement team receives the motivation, training, and development, coaching and guidance to enable them to keep abreast of latest developments and achieve their maximum contribution.

Qualifications

• University Degree with MBA as an added advantage 
• Professional qualification (e.g. CIPS) is an added advantage
• IT related certification is an added advantage
• Length of minimum Procurement & Logistics experience – 5 years’ experience
• Length of minimum management experience – 3 Years

Essential Knowledge

• Proven skills and experience in Procurement Category Management
• Extensive experience in Technology category procurement at a group level is preferred but not mandatory
• Excellent knowledge of procurement systems or ERP and Microsoft Office is necessary

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Equity Bank is one of the region’s leading banks whose purpose is to transform the lives and livelihoods of the people of Africa socially and economically by availing them modern and inclusive financial services that maximize their opportunities. With a strong footprint in Kenya, Uganda, Tanzania, Rwanda, South Sudan and DRC Congo, Equity Bank is now home to over 12 million customers - the largest customer base in Africa.
Currently, the Bank is seeking additional talent to serve in the role outlined below within the Procurement Department.
 
Job Responsibilities

Procurement Category Governance

• Ensure that all materials are procured within agreed parameters of cost, quality, and delivery performance.
• Provide support and guidance to the business on procurement matters relating to sourcing.
• Undertake, monitor, and report progress on all purchases under the category
• Identify opportunities for supplier rationalization by aggregating demand or suppliers
• Ensure all activities of a commercial nature are in the best interests of the Bank and are adequately protected through the application of Group Procurement Policy requirements
•  Responsible for the development and maintenance of preferred suppliers in the category
• Responsible for conversation of PR into PO
• Expedite and follow up with suppliers to ensure timely delivery of orders placed
• Undertake negotiations with suppliers and service providers for goods and services under the category of transactions being handled.
• Achieve the set savings targets

Supplier Performance Management

• Support the Category Manager in scheduling and undertaking supplier performance evaluation and monitoring
• Provide support to business functions in managing the contract execution and ensuring compliance with contractual SLA and KPI’s
• Manage supplier dispute resolutions under the guidance of the Category Manager
• Manage the supplier satisfaction survey process

Contract Negotiation & Management

• Implements procurement strategies and conducts negotiations
• Negotiates agreements to support total business requirements rather than focusing on lowest-price options
• Engages and collaborates with Legal department appropriately for contract database management.

Supplier Relationship Management

• Work with Finance to ensure timely payment processing for vendors within the category
• Effective follow up & liaison with vendors for timely availability of material/services
• Ensuring timely feedback/ response to Queries
• Closely coordinating between End user and Vendor

Budgeting & Reporting

• Work with the Category Manager to produce regular reports on performance by Procurement category assigned and provide comprehensive management information and in-depth analysis when requested including spend analysis, savings secured and potential savings – for forecast and budgets
• Assist develop and execute annual departmental cost optimization targets for the annual Budget process.
• Reporting weekly the category sourcing activity

People Development

• Agree performance development objectives with the Category Manager.
• Pursue self-development to increase personal effectiveness, acknowledging strengths and areas for development. 

Qualifications

• Academic requirement – University Degree.
• Professional qualification and membership of professional body forms an added advantage for example CIPS-Chartered Institute of purchasing and supplies, KISM-Kenya Institute of Supplies and Management
• Length of minimum Procurement – 3 years’ experience

Essential Knowledge

• Proven skills and experience in Procurement Category Management
• Extensive experience in simple sourcing
• Excellent knowledge of procurement systems or ERP and Microsoft Office is necessary

go to method of application »

Equity Bank is one of the region’s leading banks whose purpose is to transform the lives and livelihoods of the people of Africa socially and economically by availing them modern and inclusive financial services that maximize their opportunities. With a strong footprint in Kenya, Uganda, Tanzania, Rwanda, South Sudan and DRC Congo, Equity Bank is now home to over 12 million customers - the largest customer base in Africa.
Currently, the Bank is seeking additional talent to serve in the role outlined below within the Procurement Department.
 
Job Responsibilities/ Accountabilities:

Business Performance Reporting 

• Drive consolidation of data required for monthly supply performance packs for each subsidiary and at Group level
• Drive consolidation of monthly SLA performance packs for Facilities and Administration for each subsidiary at group level
• Analyse and provide report for follow through performance insights (e.g. savings to plan, corrective actions, focus areas) on monthly basis
• Assist with the planning cycle across the group

Operation Planning

• Analyze the Facilities and Administration goals for the budget, team, and resources and evaluate their viability.
• Analyze the proposed contingencies for goals with significant potential financial impacts and the proposed actions that would be taken if actual results begin to stray significantly and evaluate their viability.
• Evaluate the projected the anticipated impact on financial performance. Project expected changes to expenses related to each goal, and their effect on financials.
• Regularly track progress and continually keep strategic priorities and related objectives and goals front and center.

Purchase-to-Pay (PtP) & Supply Chain Process Improvement/digitization

• Assist the Group Supply Chain Performance Manager on supply chain digitization and automation initiatives
• Search and implement PtP process improvement to drive effective and efficient supplier service delivery 
• PtP support – analyse and follow through supplier account management actions with category managers, and PtP team within Finance. 

Sourcing Process Oversight 

• Enforce process compliance all stages of sourcing to ensure closure and accurate documentation leading to sourcing decisions made; 
• Manage supplier financing initiatives throughout the Group including accurate records of supplier accounts onboarded by Equity and coordinate with the Heads of Supply Chain to supplier finance solutions 
• Manage open POs, dormant supplier accounts, preferred supplier lists, one-time vendor account, single sourcing approvals, monitor validity of supplier BCP for the Group 

Legal Support

• Developing and sustaining the necessary supply chain, facilities and administration and project processes to ensure all Equity Group’s key legal and business risks are effectively mitigated and the controls put in place as well as the management action plans are enforced. 

Risk & Governance: 

• Establishing and Facilitating the convergence of procurement on Risk Matrix formulation, Risk Mitigation and Management. 
• Analyzing the operational structure that optimally executes the strategic plan in the Facilities and Administration departments
• Audit Support, ensuring that the Group Audit and Risk Functions engage the supply chain team effectively and in a structured manner to optimize testing and rating. 
• Governance – Ensuring supply chain process compliance across the Group and owning the supplier compliance agenda through due diligence enforcement, training and promotion of ethical sourcing practices.

Qualifications

• Academic requirement – University degree in Commerce, Business Administration or its equivalent.
• Professional qualification (e.g. CIPS, CPA (K), CA, ACCA or its equivalent) is an added advantage
• Length of experience – 2-5 years’ experience in a professional audit firm or a Procurement function in a large organization.
• Experience in project design & delivery and in audit and training is an added advantage

Essential Knowledge

• Proficient in MS Office Suite, MS Power, advance Excel and XLOOKUP functions to efficiently create pivot tables
• Excellent knowledge of ERP and Microsoft Office is necessary