Director – Procurement Lead, APAC

The Director – Procurement Lead, APAC will lead the Strategic Sourcing department and report to the Executive Director – Head of Strategic Sourcing and Workplace, APAC, the person will steer all procurement activities for the Region and aims to build a world-class procurement organization

This position will be responsible for procurement activities and ensure we are procuring fit-for-purpose products and services required by the organization while being compliant to all our policies

Strategic Sourcing is responsible for end-to-end procurement across key spend categories and business stakeholders’ management

This role bridges internal stakeholders’ needs, supplier management and end-to-end procurement delivery

• Coordinate procurement requests from the business, providing oversight and expertise on Requests for Information/Proposals/Quotations (RFIs/RFPs/RFQs)

• Act as a strategic partner to internal stakeholders across APAC, ensuring procurement activities are aligned with business needs

• Centralize and Conduct procurement activities in APAC across all IT and non-IT service categories and implement Preferred Supplier Lists

• Ensure all in-scope procurement requests are routed to Procurement and all contracts are saved in our contract repository

• Deliver category management strategies to optimize spending and supplier performance

• Oversee all vendor and consultancy agreements as part of contract management, ensuring compliance with procurement policies in APAC

• Continuously explore vendor selection options to achieve cost saving through contract negotiations and vendor consolidation

• Ensure all purchases in APAC adhere to the APAC and Global Procurement Policy established by Head Office (H/O)

• Maintain compliance oversight on all procurement related contractual and regulatory requirements across the region

• Contribute to the definition of procurement strategy and the achievement of savings targets

• Identify and implement process improvements to enhance procurement efficiency and effectiveness across APAC

• Participate in the development and delivery of best-in-class procurement organization, including sustainable procurement, supplier risk management, contract management, SRM, etc.

• Manage the sourcing team based in India

• Provide mentoring, guidance, and performance management for the team

• Experience in procurement, sourcing and vendor management within the APAC region

• Strong negotiation skills with a track record of achieving cost savings and contract consolidation

• Knowledge of legal and contractual negotiation is a must

• Solid understanding of IT and professional services purchases, as well as banking-related vendors and contracts

• Familiarity with sourcing, procurement, TPRM systems and tools (Ivalua, Concur, Venminder, etc.)

• Capable of leading a team and uplifting its capabilities, and put in place a culture of continuous improvement

• Ability to evangelize, communicate and collaborate well at all levels of the company

• Able to multi-task, work independently and jointly with other departments

• Excellent time management, ability to prioritize and handle complex and varied workload

• Detail-oriented and possesses proficient analytical and problem-solving abilities to propose solutions, act on it and make critical decisions

• Team player with strong individual drive, sense of responsibility and task ownership, with ability to get things done.

• English bilingual proficiency is required, knowledge of Asian languages or French is a nice to have

• Clear communication in both writing and orally

• Competent in the use of Microsoft Office suite, particularly in Excel data analytics and PowerPoint for presentation

• Ability to drive process optimization and automation in procurement workflows

• Ability to drive procurement transformation, such as moving from a tactical to a strategic function, and implement a coherent procurement roadmap

• Ability to put in place sustainable procurement initiatives

• 15+ years of experience in managing procurement/sourcing, ideally in a banking or financial institution context, or a highly regulated industry

• Bachelor’s degree or higher in Procurement, Supply Chain, Finance, Business Administration or Legal Studies

• Demonstrated experience in managing end-to-end procurement in relevant procurement categories, with a high number of transactions, ranging from simple to complex deals