Procurement Sourcing Manager (6 months Contract | Bank )

Location Singapore
Discipline Banking & Finance
Job Reference BBBH109010_1641778085
Salary S$5000 - S$5500 per month
Client HSBC
Consultant Name Cabria Jireli Gem Mejia
Consultant Email
Consultant Contact No. 62328815
EA License No. 02C3423
Consultant Registration No. R1434374

As one of the world’s largest banking and financial services organisations, HSBC has been connecting customers to opportunities since 1865. With operations in 65 countries and territories, HSBC’s unparalleled international network links developed and emerging markets, and spans the world’s largest and fastest-growing trade corridors. The bank serves more than 40 million customers through its commercial, retail, investment and private banking businesses, which are supported by operational and functional teams around the world.

Job Description:

  • Be the point of contact for the onshore procurement activities
  • Support the senior buyer with BAU contract activity (e.g. on-boarding and on-going management of vendors)
  • Ensure contract lifecycle is managed
  • Guide the contract owners on the end-to-end vendor onboarding processes and on-going contract governance obligations.
  • Ensure all legal, Finance/Tax and Third-party risk requirements are completed as part of the on-boarding processes
  • Ensure that contracts are executed and stored centrally as prescribed by Global Procurement
  • To engage internal users by understanding their business needs, maintain a reliable service provider's base that offers superior quality services/products, conduct cost analysis and identify savings through negotiation with service providers
  • To identify opportunities of save target for the various expense categories and negotiate with Service Providers to materialize the saves
  • To ensure Procurement is in line with Group framework, working with other Procurement counterparts on the Group's initiatives by sharing and developing best practices
  • To ensure that payments to vendors for goods and services are processed timely in accordance to payments terms
  • To work very closely with subject matter experts such as legal, regulatory compliance, operational risk, security & fraud risks et al to ensure that risks are identified & mitigated

Experience Required:

  • Degree in Business or any related discipline
  • 4 years and above of Procurement experience, preferably in the finance industry
  • Possess good analytical skills of spend for various expense categories and bring under the influence of Procurement to provide best purchasing practices
  • Possess win-win negotiation skills and able to work with limited resources and under very tight timelines

Interested candidates may send in their resume and cover letter directly to (R1434374), stating the position as the subject title in the email

Jireli Gem Mejia Cabria EA License No.: 02C3423 Personnel Registration No.: R1434374

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