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OCBC Bank

Sourcing Manager (IT Sourcing), AVP-VP, Group Operations & Technology

OCBC Bank Singapore
Posted 6 days ago Permanent Competitive
Sourcing Manager (IT Sourcing), AVP-VP, Group Operations & Technology
Responsibilities:
  • Manage and execute activities relating to the sourcing of assigned products and services for the Group. This includes conducting of RFPs, evaluation and selection of vendors, vendor negotiations with proprietary product owners and contract reviews in collaboration with internal user groups and legal department.
  • Demonstrate thought leadership, initiate, and drive sourcing projects to deliver cost savings and other benefits to the Group.
  • Adhere to Group Procurement Policy, Standards and Procedures, for governance and controls.
  • Collaborate and maintain strong relationship with internal stakeholders to manage vendors and ensure that contracts are leveraged across the Group where applicable for effective cost management.
  • Create successful relationships with key vendor contacts and participate in vendor's strategic initiatives and ensure company programs are in alignment as such.
  • Work with internal stakeholders to establish global SLAs and metrics for vendor performance and quality management.
  • Challenge status quo, initiate and drive process improvements to deliver increasing operational efficiency and improve quality of work relating to sourcing.
  • Ensure execution of sourcing projects from start to end are promptly executed with agreed timelines and SLAs
  • Track and report cost savings. Provide management reports.
  • Provision of spend and contract analysis to identify sourcing and cost savings opportunities
*LI-GC

Qualifications
Requirements
  • Degree holder with min 8 years of experience and good track record in the following area : Information Technology, Sourcing, Vendor Negotiations, Stakeholder Management in an international environment.
  • Business acumen and detailed understanding of financial sector products and service
  • Process-oriented yet possess strategic mindset with ability to have holistic view
  • Strong sense of urgency, self initiator, team player and able to work independently
  • Excellent communication (written and verbal) and interpersonal skills to frame issues and positively influence various parties to make decisions and resolve conflicts
  • Ability to present confidently and effectively to wide audience and senior management
  • Competent to formulate negotiation strategies to negotiate with suppliers
  • Ability to work in a fast paced environment who is able to make decisions clearly and swiftly.
  • Drive and deliver supply chain value and risk management through partnership and early engagement with key stakeholders

Job ID  220002EF
ABOUT COMPANY
Singapore
Retail Banking
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