Job Title: Procurement Operations Vendor Relationship Management (VRM) & Contract Manager

Department: Procurement

Job Location: Riyadh

Working Hours: 8:00 AM to 5:00 PM

• Oversee supplier onboarding and registration, ensuring compliance with regulatory and internal standards.
• Oversee supplier performance management, ensuring adherence to SLAs and contractual obligations.
• Manage vendor mobilization across procurement platforms (SAP, Oracle, Ariba, etc.), ensuring seamless integration.
• Work closely with internal teams on related party reporting and regulatory requirements for vendor management.
• Oversee the end-to-end contract lifecycle
• Ensure full regulatory compliance with contract terms, incorporating updates to SAMA requirements and legal best practices.
• Collaborate with stakeholders, including legal, finance, and risk teams, to optimize contract terms and governance.
• Ensure full alignment with SAMA regulations, procurement policies, and compliance frameworks.
• Identify and mitigate contract and supplier-related risks, ensuring governance structures are in place.
• Collaborate with legal and compliance teams to integrate risk mitigation strategies into procurement operations.
• Support business continuity planning (BCP) by incorporating vendor and contract-related risks.
• Monitor regulatory updates and ensure all vendor and contract management processes remain compliant.
• Provide senior management with detailed reports on contract performance, vendor compliance, and procurement efficiency.
• To be flexible and adaptable in an environment of changing priorities and staying true to the values and strategy of SAB.
• To effectively manage business stakeholder considerations while maintaining a bank-wide outlook.
• Managing complex, cross-functional projects in an evolving business environment.
• Ensuring smooth collaboration between procurement, IT, and other departments.
• Managing multiple priorities and stakeholders across various business units.
• Ensuring no contract lapses, particularly for high-value or regulatory-sensitive contracts.
• To be flexible and adaptable in an environment of changing priorities and staying true to the values and strategy of SAB.
• To effectively manage business stakeholder considerations while maintaining a bank-wide outlook.
• Managing complex, cross-functional projects in an evolving business environment.
• Ensuring smooth collaboration between procurement, IT, and other departments.
• Managing multiple priorities and stakeholders across various business units.
• Ensuring no contract lapses, particularly for high-value or regulatory-sensitive contracts.

Qualifications & Requirements:

• Around 10+ years of experience in project management, transformation, or IT-driven business initiatives.
• Prior Experience in Procurement.
• Holds Bachelor’s degree in Engineering, Economics, Business Administration or any related field