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Procurement Officer - Financial Services

salary Salary :

$25,000 - 420,000 monthly

icon building Company : Michael Page
icon briefcase Job Type : Full Time

Number of Applicants

 : 

000+

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Job Description - Procurement Officer - Financial Services

  • 2+ years of procurement exp. in FI
  • All rounded procurement exp
About Our Client

Our client is a well-established Financial Services Institution with a strong presence globally. Known for its commitment to innovation, governance, and operational excellence, the organization provides a broad range of financial products and services to corporate and institutional clients.

With a focus on building sustainable partnerships and maintaining high regulatory standards, the company continues to invest in its people, processes, and technology to support business growth. The procurement function plays a critical role in driving value through strategic sourcing, vendor management, and efficient procurement practices across the organization.

Job Description
  • Manage the end-to-end procurement cycle, including sourcing, tendering, evaluation, negotiation, contracting, and vendor onboarding
  • Act as the main point of contact for vendors and service providers, especially workforce-related agencies (e.g. recruitment, staffing, outsourcing firms)
  • Partner with hiring teams, HR, and business units to support workforce procurement needs
  • Develop and maintain strong supplier relationships, ensuring performance, quality, and cost-effectiveness
  • Conduct vendor evaluations, due diligence, and risk assessments in line with internal governance and regulatory standards
  • Support contract management, including drafting, reviewing, and renewal processes
  • Monitor vendor performance against agreed SLAs/KPIs and drive continuous improvements
  • Ensure procurement activities adhere to internal policies and financial services regulatory requirements
  • Identify opportunities for cost savings, process improvements, and strategic sourcing initiatives
  • Maintain accurate procurement records and reporting for audit and compliance purposes
The Successful Applicant
  • Bachelor's degree in Procurement, Supply Chain, Business Administration, or a related discipline
  • 3 years of procurement experience, preferably within financial services or a regulated industry
  • Proven experience managing vendors for workforce solutions (e.g. recruitment agencies, contingent labor suppliers)
  • Strong understanding of end-to-end procurement processes and vendor lifecycle management
  • Excellent negotiation, stakeholder management, and communication skills
  • Familiarity with procurement systems and contract management tools
  • Strong analytical mindset with attention to detail and compliance
  • Ability to work in a fast-paced, dynamic environment
What's on Offer
  • Opportunity to work in a leading financial services environment
  • Exposure to strategic procurement initiatives and vendor partnerships
  • Collaborative and professional workplace culture
  • Competitive salary and benefits package
Original job Procurement Officer - Financial Services posted on GrabJobs ©. To flag any issues with this job please use the Report Job button on GrabJobs.
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