Category Manager at First Bank of Nigeria Limited


Full Time
Posted 2 weeks ago

The First Bank of Nigeria is one of the oldest banks in Nigeria and also the biggest. The money deposit bank was founded in 1894 as the bank of British west africa. but was renamed to the first bank of Nigeria in 1979. The Financial firm currently has over 790 branches nationwide and a total of 7,616 employees. As of 2019, First Bank Of Nigeria has generated a revenue of N10,675,000,000.

Job Title: Category Manager

Job Location: Lagos

Job Details:

  • To develop and implement a category management approach and strategy in line with the Bank’s Procurement Strategy.
  • To drive strategic category sourcing, procurement and internal stakeholder management activities in a bid to deliver total cost of ownership savings for procurement categories.
  • To ensure efficient implementation of the Bank’s expenditure budget (CAPEX and OPEX) for category related procurement.

Duties & Responsibilities

  • Develop and implement category management strategies utilizing an end-to-end value chain approach to increase market competitiveness and sustain ongoing category improvements
  • Maintain deep category expertise through understanding and application of industry developments, marketplace trends, emerging technology, new techniques, leading practices, and shared experiences
  • Plan category related procurement activities for the financial year and periodically review category spend to identify and pursue strategic sourcing and demand management opportunities
  • Ensure compliance to the Bank’s Procurement Policy for procurement categories and activities  
  • Develop and maintain a Category Sourcing Plan to coordinate sourcing and contract management activities
  • Collaborate with internal stakeholders to implement and monitor category sourcing and supply plan for the various categories to ensure appropriate alignment and customer satisfaction
  • Lead cross-functional sourcing teams during sourcing events and negotiations for applicable categories to ensure best value with regard to pricing and quality
  • Oversee execution of procurement purchases utilizing an end-to-end value chain approach
  • Drive development of sustainable partnerships with strategic suppliers for procurement related categories
  • Active involvement in the contractor / vendor pre-qualification process for approved category related projects
  • Manage influence-able spend via demand management and flagging of maverick spend to ensure costs are managed properly under procurement related categories
  • Ensure adherence to defined parameters for quality assurance of goods / services received as well as the escalation route for complaints / rejection
  • Prepare and review periodic reports of trend analysis for category spend
  • Identify and drive implementation of procurement process improvements related to the category
  • Develop impact assessments and analyses based on internal market forecasts and internal requirements, external benchmarking studies and / or market trends including, but not limited to, future spend opportunities, category risks, and supplier sustainability
  • Conduct periodic appraisal of supplier performance to validate ability of suppliers to meet defined standards and rate suppliers accordingly
  • Develop and implement appropriate reporting and monitoring mechanisms that clearly highlight cost savings achieved by category / supplier
  • Support achievement of procurement performance objectives
  • Support in analysis and preparation of Executive Management reports and Board papers on procurement spend, cost savings and ongoing projects as required
  • Supervise and provide leadership direction for Category Specialists and Procurement Analysts
  • Undertake any other responsibilities as requested by the Head of Department, in accordance with the scope and responsibilities of the role
  • Comply with the principles and policies in the Information Security Hand book of the Bank

Job Requirements
Education:

  • Minimum Education:  A good first degree in any discipline from a reputable institution.
  • Higher Degrees / Professional Certifications (an added advantage).

Experience:

  • Minimum experience:  8 years’ relevant experience.

APPLY NOW

Deadline: April 4, 2021

Job Features

Job CategoryBanking / Insurance
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