Key Areas of Responsibility
Reporting to the Senior IT Procurement Manager, the role will be responsible for:
- Leading or supporting end-to-end RFx processes for IT and business stakeholder departments across assigned sourcing projects.
- Conducting contract negotiations with vendors, ensuring that all business, technical, commercial, and legal requirements are accurately reflected in the final agreement.
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Performing financial analysis of sourcing projects and preparing/presenting business cases to senior management
- Collaborating with IT project managers and internal stakeholders to complete internal approval processes and ensure all required documentation and compliance steps are properly in place.
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Providing regular procurement analytics and vendor spend reports to senior management.
- Developing and maintaining relationships with current and potential vendors to ensure broad access to the supply market and support company growth.
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Managing vendor onboarding due diligence and ongoing reassessment processes.
- Delivering continuous training and communication on procurement policies and processes to Group IT users globally to promote compliance and streamline approval workflows.
Requirements
- Bachelors degree in Procurement, IT, Computer Science, or a related discipline; professional certification (e.g., CIPS) preferred.
- 5-8 years of experience in technology procurement and vendor management within financial services, insurance, or related sectors.
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Proven, hands-on experience running RFx projects and managing diverse stakeholders.
- Strong knowledge of IT category management (hardware, software, telecommunications, professional services), contract negotiation, and vendor management.
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Solid understanding of procurement policies, best practices, and procurement software tools.
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Ability to effectively translate business and technical requirements between users and stakeholders.
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Good understanding of financial regulatory requirements, basic contract law, and fundamental accounting principles.
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Proficiency in Microsoft Office, particularly Excel.
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Ability to work independently and collaboratively in a team environment.
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Excellent analytical, project management, and communication skills.
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Fluency in both English and Mandarin.