Procurement Analyst

We're Hiring: Procurement Analyst

Location: Dubai, UAE

About Daman Markets

• Daman Markets is a leading online trading provider offering access to forex and CFD markets, including stocks, indices, commodities, crypto and futures. We combine extensive financial industry expertise with modern trading solutions.
• Why Join Daman Markets?
• Join an international, collaborative and high-performance environment where innovation is encouraged, ideas are valued, and professional growth is supported.

Role Purpose

Supports the Procurement Manager in running the day-to-day vendor and counterparty process at Daman Markets, making sure requests, due diligence, contracts and the vendor register are complete, accurate and in line with the Procurement Policy. Works alongside Legal, Compliance, Finance, Risk and Technology, whose controls apply in parallel at the pre-approval stage.

Key Responsibilities

• Review Procurement Request Forms (Schedule 1) for completeness and support the Procurement Manager with tier classification.
• Route requests to Risk, Technology, Information Security, Compliance and Finance for preapproval, and track each sign-off to completion.
• Collect and review due diligence documents against Schedules 2 and 3, including AML/sanctions screening and adverse media checks, escalating any match immediately.
• Carry out first-line review of contracts, NDAs and SLAs ahead of Legal review, flagging key terms such as liability, termination, data protection and auto-renewal.
• Maintain the vendor register and central due diligence files, including contract owners, notice periods and renewal dates, and alert owners ahead of expiry.
• Log and escalate early warning triggers and support vendor exits.
• Refer any change to vendor details, such as bank account or legal entity, to Finance for independent verification. Never action changes on email alone.
• Prepare regular reporting on the pipeline, due diligence status and renewals, and maintain confidentiality on a need-to-know basis.

Required Qualifications & Experience

• Bachelor’s degree in Law (LLB) or equivalent preferred; Business Administration or a related discipline will be considered.
• Minimum 2–3 years in procurement, vendor management, or legal or compliance support, ideally in financial services or brokerage.
• CIPS qualification or paralegal experience is an advantage.

Skills & competencies

• Comfortable reading commercial contracts and identifying key legal and commercial risks.
• Working knowledge of KYC/AML/sanctions screening and UAE data protection (PDPL) requirements.
• Highly organised with strong attention to detail, good Excel skills and clear written English.
• Arabic is an advantage.
• What We Offer?
• An exciting opportunity to work in an international environment.
• Career development and growth opportunities.
• A collaborative and inclusive work environment.
• If you're ready to grow your career with a dynamic team that's shaping the future of online trading, we'd love to hear from you!
• 🌐 Learn more about us: www.damanmarkets.com