I&M Bank Uganda is a commercial bank headquartered at Kingdom Kampala with a growing regional presence. The Bank offers a wide range of commercial banking and financial products and services, and prides itself on introducing innovative products and services based on the needs of its customers. We are seeking to recruit a competent and highly motivated individual with extensive experience and abilities to support business growth in the following position:
JOB TITLE: MANAGER, PROCUREMENT
LOCATION: HEAD OFFICE
REPORTS TO: HEAD OF OPERATIONS
Job purpose:
The Manager Procurement is responsible for leading and managing the bank’s end-to-end procurement function, ensuring timely, transparent, cost-effective, and compliant acquisition of goods and services. The role oversees sourcing, contract management, vendor relationships, inventory oversight, and procurement risk management in line with banking regulations, internal policies, and best practices.
Key Responsibilities
Procurement Strategy & Operations
- Develop and implement procurement strategies aligned with the bank’s operational and strategic objectives.
- Oversee the procurement planning process and consolidate annual procurement plans across departments.
- Ensure timely sourcing and delivery of goods and services to support uninterrupted bank operations.
Vendor & Contract Management
- Oversee supplier sourcing, evaluation, selection, and onboarding processes.
- Lead contract negotiations to achieve value for money and mitigate commercial risk.
- Ensure all supplier contracts are properly documented, approved, and renewed on time.
- Manage supplier performance and address underperformance or contract breaches.
Cost Management & Value Optimization
- Monitor procurement spend and identify cost-saving and efficiency opportunities.
- Support budget preparation and control for procurement-related expenditures.
- Provide regular spend analysis and cost optimization reports to management.
Inventory & Asset Oversight
- Oversee inventory and stores management to ensure proper stock control and accountability.
- Ensure accurate asset tagging, tracking, and reconciliation in collaboration with Finance.
- Minimize losses, wastage, and obsolete stock.
Risk Management
- Identify procurement-related risks and implement mitigation controls.
- Ensure supplier due diligence is conducted, including financial and reputational risk checks.
- Support business continuity through reliable supplier arrangements.
Leadership and Culture
- Lead, mentor, and develop the procurement team for high performance.
- Conduct performance reviews and ensure staff training on procurement of best practices.
- Promote ethical procurement behavior and a culture of accountability.
Reporting and Communication
- Prepare and submit regular procurement performance and compliance reports.
- Provide management with insights on supplier trends, risks, and procurement efficiency.
Policy Compliance & Governance
- Prepare and submit regular procurement performance and compliance reports.
- Provide management with insights on supplier trends, risks, and procurement efficiency.
Financial Responsibility
- Procurement Budget Management
- Contract Value Oversight
- Cost Control & Savings Tracking
- Vendor Payment Coordination (with Finance)
- Spend Analysis & Reporting
Educational Requirements
- Bachelor’s degree in Procurement & Supply Chain Management, Business Administration, Finance, or a related field.
- Professional certification (CIPS, CPSM, or equivalent) is an added advantage.
Work Experience
- Minimum of 5 years’ experience in procurement, with at least 2 years in a managerial role, preferably in banking or financial services.
Key Required Competencies & Skills
- Strong knowledge of procurement laws, policies, and contract management.
- Proven negotiation and vendor management skills.
- Strong analytical, planning, and organizational skills.
- Ability to manage multiple procurement categories simultaneously.
- Proficiency in Microsoft Office Suite and procurement systems.
Business Behaviors:
- High ethical standards and integrity.
- Strong attention to detail and accuracy.
- Proactive and results oriented.
- Strong stakeholder engagement and communication skills.
- Commitment to compliance, governance, and risk mitigation
Note: Deadline for this job posting is 17 January 2026 at 5:00pm and only shortlisted candidates will be contacted.
Top Skills
What We Do
I&M Bank is a wholly owned subsidiary of I&M Group PLC, a publicly quoted company at the Nairobi Securities Exchange (NSE). The bank possesses a rich heritage in banking. Started in 1974, it evolved from a community financial institution to a publicly listed major regional commercial bank offering a full range of corporate and retail banking services, over 50 branches in Kenya and international operations in 3 other countries.
I&M Bank is a dominant player in the Kenyan market that has been consistently growing, and is innovative in terms of the type and range of products and services it offers.
CDC Group plc, a development finance institution wholly owned by the government of the United Kingdom owns approximately 10.68% of I&M Group. In addition, I&M Bank has a technical support agreement with International Finance Corporation for staff training, product development and risk management. I&M Bank also enjoys medium term foreign currency credit facilities from European Development Financial Institutions - Proparco, DEG and FMO.
I&M Bank’s international correspondent banks include major multinational banks such as Bank One Ltd, Citibank NA, CommerzBank AG, Deutsche Bank AG, ICICI Limited Mumbai, Mashreq Bank PLC, Standard Bank of South Africa and Standard Chartered Bank NY.
I&M Bank’s international network includes Bank One Limited (Mauritius), I&M Bank Tanzania Limited, I&M Bank Rwanda and I&M Bank Uganda
