Manager, Procurement
- Posted a month ago
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Job Description
Create the future with Affin! You too can make a difference.
We continuously innovate to transform our financial services landscape - making banking better and easier. Join us at AFFIN, where the open minds meet and be inspired by a shared commitment to great work. You too can make a difference.
Job Purpose
We continuously innovate to transform our financial services landscape - making banking better and easier. Join us at AFFIN, where the open minds meet and be inspired by a shared commitment to great work. You too can make a difference.
Job Purpose
- To manage the day-to-day contract and vendor management activities for Technology and NonTechnology categories in accordance with established policies, procedures and governance frameworks.
- The role manages operational execution, vendor performance monitoring, contract compliance and outsourcing records, while escalating risks and recommendations to the Head of Department.
- Vendor & Outsourcing Management
- Manage vendor onboarding, registration and due diligence activities in line with established policies and procedures.
- Maintain vendor segmentation based on defined risk, criticality and spend criteria.
- Maintain and update the Outsourcing Register in compliance with BNM policy and guidelines.
- Maintain and update vendor watchlist and referred list based on risk indicators, performance issues, compliance concerns or management directives.
- Ensure vendors on the watchlist and referred list are subject to enhanced monitoring and escalation where required.
- Regularly evaluate and refine vendor management policies and procedures to improve effectiveness and efficiency.
- Contract, Performance & Cost Management
- Administer contract lifecycle activities, including tracking of renewals, expiries, variations and terminations.
- Monitor contractual obligations, SLAs and KPIs and identify deviations or noncompliance.
- Coordinate vendor performance reviews, document outcomes and track agreed remediation actions.
- Maintain contract and spend data to support renewal planning and cost management initiatives.
- Risk, Compliance & Audit Support
- Ensure vendor activities comply with internal policies, contractual terms and applicable regulatory requirements.
- Coordinate thirdparty risk assessments and vendor reviews with relevant internal stakeholders.
- Prepare and compile vendor and outsourcingrelated documentation for internal, external and regulatory audits.
- Track audit issues and remediation actions and provide regular status updates to Head of Department.
- Reporting
- Maintain accurate and up-to-date vendor register, contracts and performance data.
- Develop and maintain dashboards and reporting tools to track vendor performance, contract status and compliance metrics.
- Communicate insights and updates to senior management and key stakeholders through structured reports and presentations.
- Ensure timely and accurate reporting to support decision-making and audit reviews.
- Other duties
- Perform other responsibilities and duties periodically assigned by superior in order to meet operational and/or other requirements.
- Bachelor's in Law, Business Administration, Finance, Information Technology, Engineering or related field.
- At least 5 to 8 years with Procurement/Supply Chain, Contract Management and/or IT project delivery background with proven track record of managing contracts or vendors.
- Excellent communicator both written and verbal in English.
- Experience in stakeholder management internally and externally with suppliers in complex business environment.
- Good logical and positive thinking, details orientation, well organized and process driven mindset.
- High integrity, self-motivated and ability to identify problems, contribute, proposed solutions and follow-up diligently towards resolution.
- Team player and able to learn quickly and work effectively across the bank.
- Sound knowledge of technology vendor and contracting methodology.
- Demonstrate strong knowledge of Microsoft Office tools, SharePoint.
- Preferably with some level of familiarity with IT environment, emerging technologies and IT standards, policies and procedures and project management framework.
- Able to perform analysis and reports and develop plan to address challenges, opportunities and synergies with a strategic mindset for various lines of business.
- Risk awareness and Third-Party Risk Management skills.
More Info
Key Skills
IT project delivery
Third-Party Risk Management
About Company
Skills:
Microsoft Office, risk management, project management, clinical trial management systems, ICH-GCP guidelines, site management, Budget Management
Skills:
SAP, Erp, Coupa, Procurement, e-Sourcing, RFx, Sourcing
Skills:
Microsoft Office, Excel, Word, Powerpoint
Skills:
Isa, IFRS, Microsoft Office Suite
Skills:
Corporate Services Administration, Contract Management, Digital Tools, Workplace Management Systems, Regulatory Compliance, Workflow Automation, Workplace Operations, Vendor Management, Occupational Safety and Health, Facilities Management, Risk Management