Executive, Currency Mgt / Others Category & Strategic Sourcing, Centralised Procurement

Supports the Sourcing Manager to execute end-to-end sourcing and contract management activities to achieve the Bank’s procurement objectives, including cost savings/cost avoidance, timely contract renewals and compliance with pre-defined sourcing SLAs. 

1. Execute end-to-end sourcing activities (RFx development, supplier identification, bid evaluation and award recommendation) in line with pre-defined sourcing Service Level Agreement (SLAs), and in compliance with procurement policies and operational requirements.


2. Conduct price negotiation with suppliers to achieve the optimum cost savings/cost avoidance whilst delivering the best value for money.


3. Manage contract management activities (variations, renewals, termination, and contract write-up) to ensure timely contract renewals and mitigate contractual risk.


4. Support the establishment of long-term agreements, empanelment agreements, strategic procurement contracts, product and services catalogues, and schedule of rates to enable strategic sourcing.


5. Maintain a complete and organised repository of procurement documentation to ensure audit and compliance readiness.


6. Conduct knowledge sharing on best sourcing and procurement practices to strengthen procurement awareness and capability across the department.

Academic Qualifications: Bachelor’s degree in Supply Chain Management, Business Management, Economics, Accounting & Finance, IT/Computer Science, Operations Management or equivalent.

Experiences:

• At least 3 years’ working experience in related category management, strategic sourcing, or related area, e.g. Information Technology, Facility Management, Hospitality, Corporate Services, Banking Industry, Consultancy (where applicable).


• Familiarity with ERP or e-procurement systems (e.g. SAP Ariba, Oracle).


• Good analytical, interpersonal, and communication skills.


• Good negotiation, contract management and supplier relationship skills.