Manager, IT Sourcing & Procurement

Manager, IT Sourcing & Procurement

Hong Leong Bank
4-5 years
Not Specified

Job Description

If you are looking to excel and make a difference, take a closer look at us
This role support Section Head of IT Sourcing & Procurement in the end-to-end IT strategic sourcing, procurement, contract and vendor management to maximize value for money for bank-wide spending on IT-related equipment, products, services, solutions and contracts by way of:
  • IT Product/Solutions/Services and Market Research:
    • Analyze industry and emerging market trends to proactively identify supply base issues to minimize IT procurement and contract risk, protect continuity of supply, and optimize emerging opportunities
    • Evaluate IT vendors core competencies and competitive market positioning
    • Conduct IT product/solutions/services and market research to obtain the best products/solutions/services based on quality, price and fulfillment turnaround
  • IT Strategic Sourcing, Procurement and Contract:
    • Create competitive environment by implementing effective sourcing and procurement strategies including competitive bids, tenders, request for quotation/proposals and creative negotiations
    • Ensure seamless availability of IT product/solutions/services to support internal stakeholders requests and the Bank's strategic objectives
    • Keeping abreast of innovative, efficient and cost-effective ways to improve current work processes to drive IT sourcing, procurement and contract best practices
  • IT Vendor, Contract and Stakeholder Management:
    • Develop excellent and effective collaborative long-term relationships with key stakeholders and external vendors to ensure the strategic and operational needs of the Bank are supported
    • Facilitate vendor evaluations and assessments to minimize IT procurement and contract risk
    • Leveraging on supplier relationships, negotiate to obtain optimal acquisition based on quality, price and fulfillment turnaround
    • Facilitate timely renewals of IT contracts
  • Analysis and Business Initiatives:
    • Support Senior Management Team in implementing strategic initiatives such as business transformation, environmental/social/governance sustainability and cost management initiatives related to of contract, sourcing & procurement
    • Produce regular and ad-hoc in-depth analysis and reports on vendor performance, total spend and potential savings
    • Proactively review existing work processes to identify opportunities and implement process improvement initiatives

Jobholder Requirements:
  • Bachelor's Degree, Professional Degree, Master Degree in IT, Financing / Accounting/Banking, Economics, Business Studies/Administration/Management, or relevant equivalent supply-chain qualification
  • At least 4 to 5 years of working experience in IT-related or IT-sourcing/procurement/contract-related industry.
  • Strong communication (both verbal and written) and stakeholders management capabilities
  • Analytical, detailed-oriented and independent with ability to multi-task while delivering results
  • Advanced in MS Excel, Ms Words, PowerPoint. Familiar using e-procurement systems and spend analytics tool as part of duties deliverance.

Hong Leong Bank ('HLB') stands proudly as a leading financial services institution based in Malaysia, providing a wide range of comprehensive and innovative financial solutions across the region. These services are delivered through both digital and traditional means, via online and mobile banking, as well as our digital branch concept to provide customers with an efficient and seamless experience aided by technology. As the service and financial landscape changes rapidly with the ever-increasing use of technology, staying attuned to customers needs and desires becomes even more critical to HLB's operations. To stay ahead of these dynamic changes, the Bank has adopted the approach of reimagining banking by embedding digital considerations and customer centricity in every aspect of our operations, from products and services as well as customer care and engagement. HLB's ethos of being Digital-At-The-Core powered by customers-at-the-forefront will continue to lead us to innovate offerings in line with our aspiration of being a highly digital and innovative financial services organization.

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