Procurement Specialist

Reposted 6 Days Ago
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Testi Rasponi, Ravenna
In-Office
Mid level
Fintech • Payments • Financial Services
The Role
The Procurement Specialist manages procurement processes, develops sourcing strategies, ensures compliance with bank regulations, and optimizes supplier relationships and contracts.
Summary Generated by Built In

Job Title: Procurement Specialist 

 

Reports to: Head of Procurement 

 

Main responsibilities 

  • In the range of his/her procurement scope, cooperate and support the development and implementation of ING sourcing strategies at local level 

  • Deliver local Sourcing Category Strategy, ensuring management in line with Bank strategy and processes/regulations compliance 

  • Independently lead procurement processes at local level 

  • Interact at global level to propose and share best practices, relevant projects, and guidelines to be applied at local level 

  • Initiate and implement sourcing strategy and process (RFQ/RFI/RFP/Auction/contract definition) 
    Propose analysis and ensure their quality (spend, market, demand, etc.) 

  • Ensure completeness of documentation (contract/RFP/reports, Regulation check completion through an internal platform, etc.) 

 
Organizational position and relationships 

  • Report to: Head of Procurement  

  • Internal working relations: 

  • 1st line: entire business  

  • 2nd line: Several departments (e.g. Legal, Compliance, CISO, International colleagues, TIPM, ORM, etc…) 

  • External working relations: External Suppliers 

 
Main tasks 

Market analysis and strategy: 

  • Ability to understand market trends and benchmarks with other ING Branches/Companies/Industries 
    Sourcing: 

  • Identify and promote sourcing initiatives aiming to achieve goals such as cost optimization, higher quality of services, innovation, better value for money, etc. 

  • Initiate, develop and implement sourcing initiatives in line with the above 

  • Collect business needs/requirements and be able to challenge technical and functional specification 

  • Design the tender process identifying internal and external stakeholders, leading tasks and related communication 

  • Define tender documentation and manage the operational steps of tenders independently (suppliers involvement, tender doc definition, offers comparison, negotiation, contract definition) 

  • Reviewing, adapting, by making sure that all offers meet internal requirements and policies 

  • Challenge the internal demand to pursue cost optimization 

  • Approving requests, follow up on them until purchase order dispatch 

  • Supplier onboarding and Supplier qualification 

 
 
Contract Management: 

  • Prepare contract documentations with direct responsibility of the economic part and coordinating with the other departments for the rest 

  • Identify problems or improvements in existing contracts and make proposals for improvement 

  • Monitor contracts status, of the scope assigned 

  • Plan renewal activities and negotiation accordingly to Category strategy 

 
 
Suppliers management: 

  • Creation and foster of a good relationship with suppliers, being able to identify key stakeholders and decision makers 
     

 
Risk Management and compliance: 

  • Be able to execute procedures and controls, in line with Bank policies and regulations (i.e. Supplier onboarding, KYS, contract monitoring) 

  • Identify and implement activities of remediation driven by Bank policies and procedures 

  • Providing support on updating local procedures/policies in line with HO guidelines when required 

 

Reporting: 

  • Perform spend analysis 

  • Formulate reports concerning purchasing activities individually 

  • Compile HO / Local reports on Sourcing activities and results, contracts status, active suppliers 

  • Prepare PPT to be shared with middle/high management of the Bank 

 
 
Technical Skills 

  • Bachelor / university degree in Economics or equivalent 

  • At least +3 years’ experience in procurement 

  • Advanced user of different applications (ERP, Excel, PPT, Access, spend analysis tools, e-sourcing platforms) 

  • Knowledge of Bank processes and of all Procurement guidelines, procedures and regulations  

  • Knowledge of sourcing methods and market best practices 

 

Soft Skills 

  • Team spirit 

  • Highly committed 

  • Accuracy 

  • Pro-active and problem solving attitude 

  • Good project management skills (ability to maintain governance and overview on the whole activities and related progress) 

  • Excellent organizational and communication skills at local and global level 

  • Very high analytical skills 

  • Negotiation skills in Italian and English 

  • Proficient knowledge of English 

Working conditions: Full Time 

Duration: Permanent 

Location: Milan (hybrid)  
 

About ING 

ING offers many opportunities to build a diverse and rewarding career. You will be joining an international innovative digital bank, the first in Italy to adopt a fully flexible smart working model, and you will be working in a stimulating environment where you can grow both as an individual and as a professional. Our purpose - empowering people to stay a step ahead in life and in business - represents our belief in people’s potential. We don’t judge, coach or to tell people how to live their lives. We empower people and businesses to realize their own vision for a better future. 
#doyourthing is our brand direction with us each and every day. It is how we articulate our purpose and our promise to make banking frictionless to the world. 
do your thing’ is about people being free to live the life they want to live, knowing that they will make their world a little better for it. 
Do you think you are "a step ahead"? Apply now! 
 

The benefits of joining ING 

In addition to being a part of a great team, working in a fun and innovative environment, we offer: 

  • Super flexible smart working 

  • Competitive base salaries and performance based bonuses 

  • Diverse cultures & Innovative mindsets 

  • International Environment 

  • Commitment to sustainability 

  • Lots of training development opportunities to help you grow 

  • Lots of moments dedicated to physical and mental well-being 

  • A special day off when it is your birthday: we call it #doyourbirthday! 

  • And of course we can’t forget: free water & coffee at the office!  
     

Our Commitment 

Diversity is a fundamental element of our corporate culture, and we are fully committed to creating a safe and inclusive environment, based on mutual respect and the value of diversity, offering equal job opportunities to all qualified candidates. 

 

Job Application Safety Reminder⚠️ 

We’re seeing an increase in fraudulent job offers. To protect yourself, please follow these key guidelines when applying for roles at ING: 

  • Apply only via official ING platforms: ING uses Workday as its internal recruitment system. Applications should be submitted only via our official career site. 

  • Check the sender’s email carefully: legitimate communication will always come from: @ing.com and/or @myworkday.com 

  • No payments or banking details will ever be requested. If someone asks for this information, it’s a scam. 

If you suspect suspicious activity, report it immediately. Your safety matters to us. 

 

Top Skills

Access
E-Sourcing Platforms
Erp
Excel
PowerPoint
Spend Analysis Tools
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The Company
Amsterdam, North Holland
65,710 Employees

What We Do

ING is a pioneer in digital banking and on the forefront as one of the most innovative banks in the world. As ING, we have a clear purpose that represents our conviction of people’s potential. We don’t judge, coach, or tell people how to live their lives. However big or small, modest or grand, we empower people and businesses to realise their vision for a better future. We made the promise to make banking frictionless, removing barriers to progress, and make people confident in their financial decisions. As a global bank we have a huge opportunity – and responsibility – to make an impact for the better. We can play a role by financing change, sharing knowledge, and innovating. Being sustainable is in all the choices we make—as a lender, as a partner and through the services we offer our customers

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