Assistant Manager, Procurement

9 hours ago

Kuala Lumpur, Malaysia Hong Leong Bank Full time

Assistant Manager, Procurement

**If you are looking to excel and make a difference, take a closer look at us...**

**Key Responsibilities**

1. Procurement Strategy
- Develop and implement a robust procurement strategy aligned with the bank's overall business objectives.
- Identify and evaluate potential suppliers/vendors and negotiate favorable terms and conditions for contracts.

2. Contract Management
- Draft, review, and negotiate complex contracts for various corporate services in accordance with compliance on legal and regulatory requirements.
- Facilitate contract performance monitoring and manage disputes effectively.

3. Cost Management
- Identify cost-saving opportunities and implement strategies to reduce expenses.
- Analyze corporate service costs and develop strategies to optimize spending.
- Track and report on procurement metrics, including cost savings and supplier performance.

4. Supplier Relationship Management:

- Build and maintain strong relationships with key suppliers and vendors to ensure timely delivery of quality service.
- Assist stakeholders to resolve supplier performance issues and disputes.

5. Project Management
- Oversee procurement projects, such as vendor selection, contract negotiations, and implementation.
- Coordinate with internal stakeholders and external vendors to ensure project success.

6. Risk Management:

- Assess and mitigate risks associated with procurement activities, such as supply chain disruptions and vendor performance issues.
- Implement risk management plans and regularly conduct risk assessments and adjust strategies as needed.

**Job Requirements**
- Malaysian citizen.
- Diploma or Bachelor's Degree, Professional Degree, Master Degree in Financing/ Accounting/Banking, Economics, Business Studies/ Administration/ Management, or relevant equivalent supply-chain qualification.
- 3-5 years of experience in procurement or a similar role. Knowledge of sustainability, green procurement and E-procurement systems such as Oracle is highly preferred.
- Excellent negotiation and contract management skills, strong analytical with problem solving skills and ability to manage multiple projects simultaneously.

About Hong Leong Bank

We are a leading financial institution in Malaysia backed by a century of entrepreneurial heritage. Providing comprehensive financial services guided by a Digital-at-the-Core ethos has earned us industry recognition and accolades for our innovative approach in making banking simpler and more effortless for our customers. Our digital and physical offerings span across a vast nationwide network in Malaysia, strengthened with an expanding regional presence in Singapore, Hong Kong, Vietnam, Cambodia, and China.

Job ID JR0000019154

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