Senior Policy And Diligence Officer, CGSP.2 in Abuja, Nigeria

Banking / Financial Services
Minimum Qualification
Bachelor's Degree
Required Experience
5 - 7 years
Employment Type
Full Time
Male or Female
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Job Description


The Corporate Procurement Division (CGSP.2) is entrusted with the strategic, operation and oversight responsibilities for the execution of corporate procurements within the Bank.  Under the auspices of the General Services and Procurement Department (CGSP), CGSP.2 is responsible for the formulation, application of the formulation, application and evaluation of procedures and practices covering purchasing and contracting for goods, works and services for the Bank’s internal operations financed under the Bank’s Administration and Capital Expenditure Budgets.  This position is to implement post-qualification, due diligence reviews, ensure policy compliance, monitor and manage contracts, implement supplier development and relationship management systems.

Duties and responsibilities


Under the direct supervision of the Division Manager and the Chief Procurement Officer, the incumbent is expected to perform the following duties:

1.    Implement due diligence reviews:

o    Draft and update due diligence policy and related due diligence risk tools

o    Undertake due diligence reviews

o    Ensure compliance with procurement staff

o    Address risk issues in the procurement operations

2.    Implement supplier management tools and supplier development programs to ensure goals of supplier quality and vendor rationalization.

3.    Develop and implement procedures for contract management, contract performance and contract administration.

Ensure timely follow-up and review of supplier performance evaluation

Ensure suppliers meet the Bank’s mandatory contractual requirements for the duration of the contract

Develop tools to address unsatisfactory performance

Provide guidance on contract matters to procurement managers or other operational staff, including training to new procurement staff in contract management practices and procedures.

Ensure signed contracts are communicated to stakeholders to provide visibility and awareness, interpretation to support implementation.

Oversee service level agreement compliance.

In close connection with end users, ensure contract close-out, extension or renewal of contracts.

4.    Undertake contract negotiation and execution.

5.    Draft and update standard bidding documents.

6.    Implement best practice procurement strategies to optimize value and mitigate procurement risks.

7.    Cross-functional working with other business areas to deliver savings and drive procurement strategy.

8.    Update policy and ensure compliance with policy requirements.

9.    Keep in alignment the procurement policy with the business needs.

10.  Provide contract management support to the division.

11.  Develop and deliver training for user departments in procurement and contracting techniques, processes and systems.

12.  Coordinate and integrate into the cost/benefit analysis the input of various contracting staff.

13.  Prepare special reports, statistics and forecasts and carry on other assignments as required.

14.  Support clients’ efforts in creating annual work program estimates and plans.

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