IT Procurement Specialist (Banking Sector)

Salary :

$36,000 - 40,000 yearly

Company : Morgan Mckinley

Job Type : Full Time

Hong Kong

Job Description - IT Procurement Specialist (Banking Sector)

About the Opportunity

We are seeking an energetic and proactive Procurement Specialist to join the dedicated IT Procurement team of a major retail banking group in Hong Kong. Sitting within the IT division, you will play a crucial role in driving end-to-end technology procurement while supporting ongoing digitalization and process enhancement initiatives (including UAT and system improvements).

This is an excellent operational-level opportunity for a procurement professional with 2 to 3 years of experience looking to deepen their expertise in IT sourcing within a premier financial institution.

Key Responsibilities

End-to-End Sourcing: Lead end-to-end IT procurement processes for hardware, software, and IT services across the entire technology division.
Tender Management: Handle the full spectrum of tendering activities, including vendor sourcing, drafting tender documents, commercial evaluation, contract negotiation, and binding documentation.
Digitalization & Optimization: Assist in streamlining procurement workflows, reporting, and systems integration, including UAT support for procurement tool enhancements.
Governance & Due Diligence: Perform thorough vendor due diligence and evaluate procurement proposals to ensure full compliance with internal policy and regulatory standards.
Cycle Monitoring: Proactively track PR-to-PO lead times and SLA compliance; support quarterly reviews and bi-weekly Procurement Committee meetings.

Key Requirements

Experience: Minimum 2-3 years of solid experience in procurement, sourcing, or purchasing. Direct exposure to IT procurement and/or a banking/financial services background is highly preferred.
Education: Bachelor's degree in IT, Supply Chain, Procurement, Sourcing, or a related discipline.
Core Competencies: Strong negotiation skills, attention to detail, and a solid understanding of commercial terms and vendor management.
Technical Skills: Proficiency in MS Office (advanced Excel preferred). Experience with procurement software (e.g., Oracle ERP/SAP) is an advantage.
Attributes: Proactive, self-motivated team player with strong communication skills and an ownership mindset.

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IT Procurement Specialist (Banking Sector)

Job Description - IT Procurement Specialist (Banking Sector)

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