Procurement Specialist

About PalmPay

PalmPay is a leading neobank and fintech platform scaling financial inclusion across emerging markets. With over 40 million users, we are building a comprehensive digital financial ecosystem that empowers individuals and businesses through accessible, easy-to-use, and rewarding financial services.

Operating in Nigeria, Ghana, Tanzania, Bangladesh, Pakistan, and the Philippines, PalmPay has been recognised by CNBC as one of the Top 300 Global Fintech Companies and ranked #2 overall and #1 in financial services on the Financial Times’ Africa’s Fastest Growing Companies 2025 list.

Role Overview

The Procurement Specialist will be responsible for managing end-to-end procurement activities for the Bangladesh business, ensuring cost-effective, timely, and compliant sourcing of goods and services. The role supports administrative, operational, and business teams by maintaining strong vendor relationships, enforcing procurement policies, and ensuring transparency and efficiency across all procurement processes.

Key Responsibilities

Procurement Operations

• Manage the full procurement lifecycle including requisition review, vendor sourcing, quotation collection, evaluation, negotiation, purchase order issuance, and delivery follow-up.

• Ensure timely procurement of office supplies, IT equipment, facilities services, marketing materials, and operational requirements.

• Coordinate with internal stakeholders to understand procurement needs and timelines.

Vendor Management

• Identify, evaluate, onboard, and maintain a qualified vendor pool in compliance with company policies.

• Conduct vendor due diligence, price benchmarking, and performance evaluations.

• Maintain accurate vendor records, contracts, and service-level agreements (SLAs).

Cost Control & Compliance

• Ensure procurement activities are aligned with approved budgets and cost-control objectives.

• Support contract review and ensure compliance with internal procurement policies and approval matrices.

• Ensure all procurement documentation is complete, accurate, and audit-ready.

Process Improvement & Reporting

• Prepare procurement reports including spend analysis, vendor performance, and cost-saving initiatives.

• Support continuous improvement of procurement processes and documentation.

• Coordinate with Finance for invoice verification, payment follow-up, and reconciliation.

Cross-functional Support

• Work closely with Admin, Finance, HR, IT, Marketing, and Operations teams to support business needs.

• Support ad-hoc administrative or operational projects as assigned by management.

Required Qualifications & Experience

Education

• Bachelor’s degree in Business Administration, Supply Chain Management, Finance, or a related field.

• Professional procurement or supply chain certifications will be an added advantage.

Experience

• 3–5 years of relevant procurement experience, preferably in fintech, telecom, multinational companies, or fast-growing organizations.

• Hands-on experience in vendor sourcing, negotiation, and contract coordination.

• Experience working under structured procurement and approval processes.

Skills & Competencies

• Strong negotiation, communication, and stakeholder management skills.

• Good understanding of procurement best practices and cost-control mechanisms.

• Proficient in MS Excel, Word, and procurement tracking/reporting.

• High attention to detail with strong documentation skills.

• Ability to work independently in a fast-paced environment.

• Strong sense of ownership, ethics, and compliance awareness.

Why Join PalmPay

• Work in a fast-growing global fintech with strong regional presence.

• Opportunity to support business scaling in Bangladesh.

• Collaborative and performance-driven work culture.

• Competitive compensation and professional growth opportunities.