About the Role
As a Procurement Analyst, you will support the Procurement Manager in managing the daily vendor and counterparty processes at the company. Your role will ensure requests, due diligence, contracts, and the vendor register are complete, accurate, and align with the Procurement Policy. You will collaborate closely with Legal, Compliance, Finance, Risk, and Technology, ensuring all controls are observed during the pre-approval stage.
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Key Responsibilities:
- Review Procurement Request Forms (Schedule 1) for completeness and assist the Procurement Manager with tier classification.
- Route requests to Risk, Technology, Information Security, Compliance, and Finance for pre-approval, tracking each sign-off to completion.
- Collect and review due diligence documents against Schedules 2 and 3, which includes AML/sanctions screening and adverse media checks, escalating any matches immediately.
- Conduct first-line reviews of contracts, NDAs, and SLAs prior to Legal review, highlighting key terms such as liability, termination, data protection, and auto-renewal.
- Maintain the vendor register and central due diligence files, including contract owners, notice periods, and renewal dates, alerting owners ahead of expiry.
- Log and escalate early warning triggers and support vendor exits.
- Refer any changes to vendor details, such as bank accounts or legal entities, to Finance for independent verification and do not action changes on email alone.
- Prepare regular reports on the pipeline, due diligence status, and renewals while maintaining confidentiality on a need-to-know basis.
Required Qualifications & Experience:
- Bachelor’s degree in Law (LLB) or equivalent preferred; a degree in Business Administration or a related discipline will also be considered.
- Minimum 2–3 years of experience in procurement, vendor management, or legal/compliance support, ideally within financial services or brokerage.
- CIPS qualification or paralegal experience is an advantage.
Skills & Competencies:
- Able to read and interpret commercial contracts, identifying key legal and commercial risks.
- Working knowledge of KYC/AML/sanctions screening and UAE data protection (PDPL) requirements.
- Highly organized with strong attention to detail, proficient in Excel, and possesses clear written English skills.
- Proficiency in Arabic is an advantage.
What We Offer:
- An exciting opportunity to work in an international environment.
- Career development and growth opportunities.
- A collaborative and inclusive work environment.
