Global Procurement Governance and Compliance Lead

🕒 June 5

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Mashreq

WebsiteLinkedInAll Job Openings

1001 - 5000 employees

Founded 1967

🏦 Banking

💸 Finance

💳 Fintech

Banking • Finance • Fintech

Mashreq is a leading financial institution based in the UAE, offering a wide range of banking services including personal, corporate, and investment banking. The bank focuses on providing innovative financial solutions to its customers and has a strong digital banking presence.

📋 Description

• Lead the governance and compliance team, ensuring adherence to procurement policies and regulations globally. • Regularly review and update procurement policies to align with local regulations and global best practices. • Develop and implement compliance monitoring programs to ensure ongoing adherence to procurement policies. • Ensure procurement policies are harmonized across all global locations, taking into account regional regulatory requirements and business needs. • Collaborate with regional procurement teams to understand local regulations and integrate them into global policies. • Develop comprehensive Standard Operating Procedures (SOPs) for procurement activities. • Regularly review and update SOPs to reflect changes in regulations, policies, and business processes. • Conduct training sessions for procurement staff on governance and compliance matters. • Identify potential compliance risks and develop mitigation strategies. • Conduct regular audits and assessments to ensure compliance with procurement policies and procedures. • Work closely with internal stakeholders, including legal, finance, and regional procurement teams, to ensure a cohesive approach to procurement governance and compliance. • Establish and manage a Center of Excellence (CoE) for procurement governance and compliance to drive best practices and continuous improvement.

🎯 Requirements

• Bachelor’s degree in Business Administration, Supply Chain Management, Law, or a related field. • A relevant certification such as Certified Professional in Supply Management (CPSM) or Certified Compliance & Ethics Professional (CCEP) is preferred. • Minimum of 7-10 years of experience in procurement governance, compliance, or a related field. • Proven experience in developing and implementing procurement policies and SOPs in a global organization.

🏖️ Benefits

• Training sessions for procurement staff on governance and compliance matters. • Development of training materials and resources to support the understanding and implementation of procurement policies and SOPs.