If you are looking to excel and make a difference, take a closer look at us…
Responsibilities:
- Oversee the entire "procure-to-pay" cycle for contract renewals, ensuring full compliance with the bank's standard policies and procedures at every stage.
- Conduct robust Request for Quotation (RFQ) processes, including in-depth price analysis and meticulous Statement of Work (SOW)/requirements analysis, to secure optimal terms and conditions for the bank.
- Proactively identify opportunities for cost savings and implement strategic initiatives to mitigate cost increases, including exploring and vetting alternative vendors or solutions.
- Lead all negotiations with suppliers to achieve favorable pricing, terms, and service levels that align with departmental budget constraints and ambitious savings targets.
- Cultivate and maintain strong, collaborative relationships with key internal stakeholders and external vendors, fostering mutually beneficial long-term partnerships.
- Consolidate and analyze monthly reports on bank-wide usage for specific IT items, identifying key trends and providing actionable insights into usage and purchase patterns.
- Develop and implement rigorous tracking and reporting frameworks to monitor procurement performance, identify potential challenges, and ensure the consistent achievement of key performance indicators (KPIs).
- Collaborate effectively with internal and external auditors, providing necessary data and support for regular operational tasks and sustainability initiatives.
- Provide clear, concise, and professional written correspondence to support informed internal decision-making processes related to IT procurement and contract management.
- Verify and manage invoices with precision, ensuring accuracy and timely processing to avoid disruptions.
- Identify, track, and report on SMS cost savings, contributing directly to the bank's financial objectives.
Requirement:
- Bachelor's degree in Business Administration, Finance, Supply Chain Management, Information Technology, or a related field.
- Minimum of 5-7 years of progressive experience in IT procurement, contract management, or a similar role, preferably within the financial services industry or a large, complex organization.
- Proven track record of successful negotiations with IT vendors and a strong understanding of IT licensing models (software, SaaS, hardware, etc.).
About Hong Leong Bank
We are a leading financial institution in Malaysia backed by a century of entrepreneurial heritage. Providing comprehensive financial services guided by a Digital-at-the-Core ethos has earned us industry recognition and accolades for our innovative approach in making banking simpler and more effortless for our customers. Our digital and physical offerings span across a vast nationwide network in Malaysia, strengthened with an expanding regional presence in Singapore, Hong Kong, Vietnam, Cambodia, and China.
We seek to strike a balance between diversity, inclusion and merit to achieve our mission of infusing diversity in thinking and skillsets into our organisation. Candidates are assessed based on merit and potential, in line with our mission to attract and recruit the best talent available. Expanding on our “Digital at the Core” ethos, we are progressively digitising the employee journey and experience to provide a strong foundation for our people to drive life-long learning, achieve their career aspirations and grow talent from within our organisation.
Realise your full potential at Hong Leong Bank by applying now.
