Assistant Vice President – Professional Services & Insurance Procurement

About the role

The Assistant Vice President will lead the Professional Services and Insurance Procurement function at QNB, driving category performance, cost efficiency and robust vendor management across the bank’s procurement landscape.

Key responsibilities

• Develop and implement category management strategies for professional services and insurance procurement.
• Conduct vendor market analysis, maintain vendor administrative databases and integrate with Third‑Party Risk Management (TPRM) processes.
• Organise Supplier Relationship Management (SRM) based on supplier criticality.
• Support the SVP Procurement Category Management on large‑scale procurement requests and end‑to‑end processes.
• Define and monitor KPIs, promote cost‑consciousness and drive continuous improvement initiatives.
• Collaborate with internal stakeholders to understand needs, consolidate requirements and negotiate optimal contracting terms.

Required profile

• Proven experience in procurement, preferably within banking or financial services.
• Strong analytical and strategic thinking abilities.
• Excellent stakeholder management and communication skills.
• Ability to work autonomously while aligning with senior leadership objectives.

Required skills

• Vendor Management Systems (VMS)