IT Procurement Specialist (1 year contract & extendable)

Company : Michael Page

Job Description - IT Procurement Specialist (1 year contract & extendable)

Opportunity to work in a Global Financial Institution
Drive end-to-end IT procurement processes to support operational excellence

About Our Client

Our client is a globally established financial institution with a major technology hub in Asia. They play a critical role in supporting international banking operations through the development of in-house applications and enterprise-level digital initiatives. With strong regional integration and a forward-looking tech strategy, they continue to enhance operational efficiency and drive innovation across global markets.

Job Description

Key Responsibilities:

Source and evaluate technology vendors through RFP/RFQ processes to meet business and IT requirements
Negotiate contracts, pricing, and SLAs to secure optimal commercial and service outcomes
Partner with internal stakeholders to define procurement needs and align with organisational goals
Manage the end-to-end procurement lifecycle from requisition, delivery, payment matching to vendor performance review
Maintain procurement documentation and conduct market research to identify technology and cost-saving opportunities
Build and manage relationships with key suppliers, monitoring performance against contractual obligations and SLAs
Oversee contract governance, vendor onboarding, and third-party risk management in compliance with regulatory and internal policies

The Successful Applicant

A successful candidate should have:

Bachelor's degree in Business, Commerce, IT, or a related discipline
At least 4-6 years of procurement experience, ideally within banking or regulated industries
Knowledge of banking regulations and compliance requirements (e.g., MAS, DORA)
Experience in P2P processes, contract management, and vendor relationship management
Understanding of IT procurement including infrastructure, data centres, software licensing, and technology services
Strong analytical, negotiation, and stakeholder communication skills
Familiarity with procurement tools (e.g., SAP, ServiceNow, DocuSign), risk management processes, and project management practices

What's on Offer

Why take on this role?

Professional development and learning opportunities
Collaborative and cross-functional work environment
Opportunity to work within a leading global financial institution
Exposure to strategic IT procurement and vendor management
Ability to influence technology sourcing and banking operations decisions

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IT Procurement Specialist (1 year contract & extendable)

Job Description - IT Procurement Specialist (1 year contract & extendable)

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