Danske Bank Looking for IT Procurement Manager, Associate at Bengaluru, Karnataka Full Time

Do you want to help drive highly complex sourcing projects, digital transformation and Cost Programs as IT Associate Procurement Manager in Denmark’s largest bank?

Join us in building a Better Bank by driving change initiatives within our Group Procurement and Real Estate with the vision of truly changing the way the bank functions.

The Better ways of working programme is part of a broader programme that will help Danske Bank transform the way it operates, divided in 3 streams:

• Customer Journeys acceleration
• Ways of Working redesign
• IT Industrialisation

Better Ways of Working will succeed with modernizing Danske Bank, e.g. decoupling dependencies, and optimizing on our tools, processes and cost, to enable and ensure that we, in collaboration of the other streams, can build a Better Bank and continue to maintain an innovative environment

The Team –

Danske Bank IT Procurement Team is responsible for procuring all IT related activities: SaaS, Software, IT Services, Communications (telco solutions), Hardware. The team consists of 23 people with an international mindset is located in Copenhagen, Vilnius and Bangalore. It is a mix between experienced and senior professionals and young talents.

IT Procurement is currently looking for IT Associate Procurement Manager.

Job Description –

• Procurement Manager shall be managing the IT sourcing projects and must be able to understand the business requirements and execute the sourcing strategies
• Work with various stakeholders from business units, IT, legal, and compliance for the execution of sourcing projects.
• Deep understanding of IT categories (software, SaaS, telecommunication, hardware and IT services), its features.
• Ability to challenge stakeholder requirements in a discrete business manner.
• High advantage – experience with IT outsourcing agreements.

Primary Responsibilities : –

• Execution of high value, complex sourcing activities in the bank.
• Establish and implement clear strategic sourcing plans based on IT category strategies.
• Will be responsible to drive end to end activities which includes establishing sourcing strategies building and managing the Rfx , developing the TCO model and conduct contractual and commercial negotiation.
• Should be able to manage complex and high value projects independently with proven negotiation skills and managing the entire contract life cycle
• Ability to draft contractual clauses and understand legal, compliance, risk clauses impact on contract, commercial negotiations.
• Complex sourcing project negotiations with major IT vendors
• Preparation of business case scenarios
• Ability to identify solutions for complex business problems with proactive approach
• Drive cost optimization projects

Must have:–

• Years of experience:- Around 8 to 12 Years (5+ Years with Sr. level experience from IT Procurement / IT Sales; Proven working experience with major IT vendors and global stakeholders is a must.)
• Qualification –Graduate or Post Graduate. Procurement domain certification would be added advantage
• Able to understand the market dynamics
• Worked with global stakeholders and have strong stakeholder management skills
• Collaboration and Interpersonal skills
• Should have global exposure in managing sourcing projects
• Experienced in RFx(RFI, RFP, RFQ, Reverse Auction) methodologies
• Contractual and commercial negotiation capability
• Ability to draft contractual clauses on its own
• Worked in cross cultural teams with multinational companies
• Strong Analytical skills
• Strong command over English language and eye for details, good communication skills
• Good presentation skills: oral and verbal
• Aware of multiple sources to validate prices/benchmarking apart from RFx.
• Able to adapt to constant changes.
• Result oriented and proactive
• Team work and project management skills

Danske Bank is a Nordic bank with strong local roots and bridges to the rest of the world. For more than 150 years, we have helped people and businesses in the Nordics realise their ambitions. Danske Bank has more than 21,000 employees in 13 countries around the world who serve our 3.4 million personal, business and institutional customers. In addition to banking services, we also offer life insurance and pension, mortgage credit, wealth management, real estate and leasing services.