Procurement Specialist at Moniepoint Inc.

Department: Third Party Management & Procurement
Reports to: Head, Third Party Management & Procurement

About this role

• The Procurement Specialist will lead the end-to-end strategic sourcing, market real estate acquisition, commercial lease negotiation, vendor onboarding, and contract management for Moniepoint MFB’s nationwide physical expansion.
• This pivotal role ensures the timely, cost-effective, and quality-driven rollout of regional offices and branch experience centers across major Nigerian cities—including Lagos, Benin, and Gombe (Q3).
• The successful candidate will act as the commercial anchor for capital expenditure (CapEx) and real estate portfolio growth, executing a quick turnaround of physical property requirements into commercial reality while mitigating supply chain risks in a fast-paced fintech/banking ecosystem.

Responsibilities
Real Estate Procurement & Site Acquisition:

• Lead the active market search, identification, and commercial evaluation of prospective real estate assets across target states to secure properties optimized for Moniepoint’s operational needs.
• Target and assess properties matching specific spatial templates, focusing on open-plan framed structures or multi-level standalone commercial buildings.
• Spearhead high-stakes commercial lease negotiations and acquisitions, locking in competitive rental rates, favorable rent-free fit-out periods, flexible renewal clauses, and long-term tenure security.
• Partner closely with internal Legal counsel and certified estate surveyors to conduct rigorous due diligence, verifying land titles, freedom from statutory encumbrances, and structural viability before finalizing acquisitions.

Strategic Sourcing & Category Management:

• Develop and execute a centralized procurement strategy tailored for nationwide, multi-site branch rollouts and building retrofits.
• Create a robust, pre-qualified vendor matrix across Nigeria for construction professionals, civil works sub-contractors, specialist installers and suppliers.
• Standardize pricing agreements and supply chains for recurring brand-specific elements, such as custom Brand cladding systems, office partitioning systems, curtain-wall systems, and high-impact exterior LED signage systems. Including vendor management for suppliers of vault doors, security doors, mantrap doors and security infrastructure installations.
• Establish strategic relationships with global and local manufacturers to de-risk long-lead import items (e.g., facade cladding systems, precision cooling systems, and alternative power components).

Technical Collaboration & Cost Control:

• Collaborate closely with the Business Lead (Branch Experience), Branch Network Architect team, Quantity Surveyors, Head, Admin, Real estate & Facilities Managers, and external consultants to review technical drawings and specifications drawn up for branch projects.
• Conduct extensive market analysis with Quantity Surveyors, maintain an updated rates log for all supply elements, ensure rate alignment, and identify cost-saving value engineering opportunities.
• Drive the commercial validation of physical space transformations, balancing the cost of open-floor structural conversions against tight project budgets.

High-Security & Specialized MEP Infrastructure Sourcing:

• Source and procure institutional-grade security assets, including vault doors, CSA security doors, CBN-approved Mantrap doors, Bespoke ballistic or laminated glass counter screens, and high-grade steel cash trays for cash office installations.
• Manage tendering and contract awards for advanced client-supply Mechanical and Electrical infrastructure, including Air-conditioning units, power generating sets, diesel storage tanks, facility inverters, and roof-level solar panel solutions.
• Manage the procurement for mission-critical capability centers, including Surveillance room assets, server room assets, raised flooring, precision cooling units, and automated FM200 fire suppression systems.

Tender Management, Compliance & Contract Administration:

• Structure and publish clear Invitations to Tender (ITTs) and Request for Proposals (RFPs) for general contractors and specialized sub-contractors.
• Partner with the Quantity surveyor to lead commercial negotiations to secure optimal credit terms, performance bonds, advance payment guarantees (APGs), and retention fees to protect Moniepoint MFB's investments.
• Partner with internal Legal and Risk compliance teams to draft robust Service Level Agreements (SLAs) and comprehensive engineering/construction contracts with Third-parties.
• Manage vendor onboarding and monitor vendor compliance regarding local statutory requirements, including ensuring that all appointed engineering or construction firms possess active corporate registrations where legally required.

Logistics, Supply Chain & Facilities Handover:

• Coordinate the logistical movement of corporate furniture, fixtures, and equipment (FF&E) to branch locations across varying geopolitical zones in Nigeria.
• Work alongside Admin and Facilities Managers to ensure seamless facility handovers, verifying that all operation-critical assets (e.g., borehole systems, Power generation systems, and alternative power systems) are delivered with comprehensive manufacturer warranties and operational manuals.

Experience & Background

• Education & Professional Certifications (Desirable but not mandatory):
• Qualifications in Procurement, Supply Chain Management, Estate Management, Business Administration, or a closely related discipline.
• Professional membership or certification from recognised bodies such as CIPS, CIPSMN, or NIESV.
• Minimum Experience: 4 - 7 years of progressive procurement and strategic sourcing experience, with a proven track record of handling capital projects, corporate real estate acquisitions, interior fit-out procurement, or commercial building construction.
• Real Estate Expertise: Demonstrable experience leading commercial property searches, site selections, corporate acquisitions, and high-stakes lease negotiations specifically for properties earmarked for major structural refurbishment, retrofitting, and remodeling.
• Industry Focus: Must possess extensive procurement experience within a commercial bank (preferably managing branch network rollouts), a high-growth fintech executing physical operational touchpoints, or a tier-1 construction/project management firm in Nigeria.
• Geographical Execution: Demonstrable experience navigating the supply chain, logistical constraints, and local market dynamics across the distinct regions of Nigeria (North-Central, South-East, South-West, North-West, etc.).

Skills & Competencies:

• Commercial Real Estate Acumen: Deep understanding of the commercial property market in Nigeria, leasing laws, tenant-landlord obligations, and property evaluation methodologies.
• BOQ & Cost Analysis: Ability to read, interpret, and audit Bills of Quantities across civil, architectural, real estate, structural, and MEP trades.
• Contractual Knowledge: Good understanding of construction and lease contract frameworks and standard commercial lease agreements including specialized clauses for retentions, rent reviews, liquidated damages, and indemnities.
• ERP & Procurement Tools: Proficiency with modern e-procurement software, enterprise resource planning (ERP) platforms (e.g., SAP, Oracle, NetSuite), and project management tools.
• Exceptional Interpersonal Capability: Easily shifts from technical discussions with Architects and Building contractors/consultants to legal/commercial negotiations with property owners, external vendors, and internal corporate stakeholders.
• Negotiation Mastery: A commercially astute negotiator who can aggressively drive down acquisition, leasing, and construction costs without compromising structural integrity, building safety, or premium brand aesthetics.
• Cross-Functional Empathy: Understands the operational pressures of Regional Managers and Customer Experience teams, sourcing spaces that balance frictionless customer flows with secure banking operations.
• Resilience & Speed: Thrives in a high-velocity, hyper-growth corporate environment where agility, rapid turnaround times, and adherence to tight project schedules are critical.

What success looks like in this role

• Timely and cost-effective rollout of regional offices and branch experience centers matching Moniepoint’s strict quality and brand standards.
• Seamless alignment across the extensive matrix of cross-functional collaborators (Architects, Quantity Surveyors, Legal, Regional Managers, and Executive Management).
• High-stakes lease agreements secured with long-term tenure security, optimal credit terms, and minimized risk exposure.
• A resilient, pre-qualified vendor framework that successfully mitigates supply chain disruptions and de-risks long-lead import items.

Why join us ?

• Competitive compensation, benefits, and career growth opportunities. 
• Fully remote work culture and support for professional development.