Procurement Innovation Director

2 days ago


Cyberjaya, Selangor, Malaysia Deriv Full time

Welcome to the opportunity to redefine the future of IT procurement at Deriv. As an IT Procurement Manager, you'll craft and execute a comprehensive strategy for procuring software and SaaS services globally. Your primary focus will be on negotiating contracts with top-tier technology providers, analysing market trends, and collaborating with internal stakeholders to ensure alignment with business objectives.

Main Responsibilities:
  • Develop and execute our global IT procurement strategy, prioritising software, SaaS, and associated IT services.
  • Negotiate and secure preferential contracts with leading technology vendors.
  • Analyse market trends and vendor performance to inform procurement decisions.
  • Liaise with Engineering, IT, Finance, and Legal teams to ensure procurement decisions align with business objectives and compliance requirements.
  • Embark on transformative procurements utilising AI and Business Intelligence tools.
  • Enhance the performance of your procurement team, fostering a culture of innovation and progress.
  • Overcome the complexities of operating across diverse international jurisdictions, time zones, and cultures.
  • Minimise risks in our technology supply chain while preserving business continuity.
Key Requirements:
  • Minimum of 2-4 years of experience in team management, alongside 8-12 years of experience in IT procurement, showcasing expertise in software and SaaS.
  • Demonstrates successful history in global vendor and contract management.
  • Possesses remarkable negotiation skills and astute business acumen.
  • Hold a Bachelor's degree in IT, Business, Procurement, or a related field.
  • Benefit from relevant procurement certifications (CIPS, CPP, CPSM preferred).
  • Brings extensive experience with procurement analytics and BI tools.
  • Thrives in stakeholder engagement and interdepartmental collaboration.
  • Excels at pinpointing opportunities for cost efficiency and innovation.
  • Has experience or eagerness to adopt AI technologies.

Deriv provides attractive salaries based on your expertise, background, and current market standards. You'll also be qualified for an annual incentive payment based on both personal and company achievements.

In joining Deriv, you will get full backing for professional progress within the firm. Get a fully customised programme for growth and development, together with reimbursement for any pertinent training and education which contribute towards augmenting your career at Deriv.

You will become part of the main Deriv office in Cyberjaya, where nearly 600 experts work together in shaping next-generation online trading applications. The purpose-built headquarters sets new heights for team collaboration and innovation using leading AI and low-code/no-code technologies. You'll join a modern, tech-savvy environment designed for knowledge sharing, teamwork, and social bonding.

Within the Deriv group, creativity meets ambition and drives change. We continue to evolve and innovate by merging technology, innovation, and design. Join our team of innovators who strive to make a significant impact and reshape the digital world.

Each employee brings their expertise and know-how, thereby making it easier to collaborate, inspire one another and grow collectively. This kind of synergy has already led us to successfully deploy many groundbreaking ideas and products. It encourages each of us to stay focused and motivated in developing innovative and sustainable solutions that exceed expectations.



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