Information Technology Procurement Manager
1 day ago
Lead or assist in the end-to-end RFx processes for designated IT sourcing projects in collaboration with IT and Business stakeholder departments. Conduct contract negotiations with vendors to arrive at a mutually beneficial agreement, ensuring all business, technical, commercial, and legal requirements are incorporated into the final contract. Execute financial assessments for assigned sourcing initiatives and prepare/present business cases to senior leadership. Work with IT project managers and internal stakeholders to navigate the internal approval process, ensuring proper documentation is in place and all steps are adhered to. Regularly report on procurement analytics and vendor spending trends to senior leadership. Build and sustain relationships with vendors (including prospective ones) to ensure the organization has extensive access to the supply chain market, supporting the company’s growth. Oversee the vendor onboarding due diligence process and conduct ongoing assessments of vendors. Provide ongoing training and communicate procurement policies and processes to global Group IT users to guarantee compliance and streamline the approval procedure. Requirements Bachelor’s degree in Procurement, IT, or Computer Science 5-8 years of experience in technology procurement and vendor management within the banks, insurance, or similar sectors. Demonstrated experience managing RFx projects and engaging with various stakeholders. Knowledgeable in multiple IT category management areas (hardware, software, telecommunications, professional services), as well as contract negotiation and vendor management. Familiarity with procurement policies & best practices, along with procurement software tools. Capability to identify user needs and communicate effectively with stakeholders. Solid understanding of financial regulatory frameworks, basic contract law, and foundational accounting principles. Proficient in Microsoft Office and Excel. Ability to operate both independently and collaboratively in a team setting. Strong analytical, project management, and communication abilities. Fluency in both English and Mandarin. Seniority level Mid-Senior level Employment type Full-time Job function Information Technology Industries Banking, Investment Banking, and IT Services and IT Consulting #J-18808-Ljbffr
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