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paynet (payments network malaysia)

Planning & Delivery Management, Principal Specialist

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  • Posted 15 hours ago
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Job Description

Why PayNet / Why Now

  • National payments infrastructure with real economic and systemic impact
  • Organisation entering a phase of greater scale, scrutiny, and performance expectations
  • Leadership demanding clearer differentiation, stronger governance, and better data
  • Technology function expected to shape outcomes, and sustainable transition without any operational risk.

TL;DR

  • Service Availability – No service disruption due to contract renewal and payment.
  • Cost Efficiency – Drive contract negotiation and shape commercial and delivery outcomes.

Why This Role Matter

  • Risk: Failure to execute well results in system delivery delays, service disruptions, and regulatory exposure
  • Opportunity: Strong commercial and vendor decisions directly influence resilience, scalability, and national payment stability
  • Consequence: Role requires judgment, balancing cost, risk, vendor capability, and long-term strategic fit. The critical control point balance between technology ambition and commercial reality.

What You Will Actually Do

  • Own and drive end-to-end sourcing strategies for technology procurement across infrastructure, network, and security domains
  • Lead high-stakes contract negotiations, shaping commercial terms, risk allocation, and long-term vendor commitments
  • Build and manage strategic vendor relationships, influencing performance, innovation, and accountability
  • Make trade-offs between cost, speed, and risk, enabling informed decision-making at management level
  • Embed procurement discipline across projects, ensuring delivery teams operate within robust commercial frameworks

Examples of This Role in Practice

  • Liaise, renew and negotiate 8 different Telco contract arrangements with Maxis, TtDOtcom, TM, SINGTEL and Union Pay. Repeat that for IT Security related vendors Cloudfare, Ensign infosecurity, Yeswehack, etc
  • Annual and MidYear Opex Budgeting Exercise – Monthly actual vs forecast utilization for each assigned budget line.
  • Payment arrangement – validating invoice against contract. Obtain approval and submit request with support documents to Finance according to policies and procedures.

Required Strengths

What Will Help You Succeed

  • Strong judgment in commercial negotiations, contract structuring, and vendor strategy
  • Ability to operate in high-stakes, high-pressure environments with competing priorities
  • Confidence engaging senior stakeholders and influencing decisions involving risk and cost trade-offs

Helpful advantages

  • Exposure to technology procurement (network, security, infrastructure) in regulated environments
  • Experience working with large-scale vendors and enterprise contracts
  • Familiarity with risk, compliance, and governance requirements in financial or critical infrastructure sectors

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Job ID: 148941989