Procurement Manager (Indirect) | Up to 60K
about the company.
A leading investment and retail banking institution. They are seeking a strategic Indirect Procurement Manager to oversee non-production spend, focusing on driving value and mitigating risk.
about the job.
- Lead the sourcing strategy for indirect categories including IT/Software, Professional Services, Marketing, and Facilities.
- Manage the end-to-end RFP/RFQ process, from vendor identification to final selection and onboarding.
- Develop and implement Vendor Risk Management (VRM) frameworks in alignment with strict financial regulations and ESG goals.
- Collaborate with C-suite stakeholders to optimize departmental budgets and achieve annual cost-saving targets.
- Negotiate complex Master Service Agreements (MSAs) and Statements of Work (SOWs) to minimize legal and financial exposure.
- Conduct regular quarterly business reviews (QBRs) with key suppliers to ensure service level agreement (SLA) compliance.
skills & experiences required.
- Bachelor’s degree in Finance, Business, or a related field; CIPS or CPSM certification is highly preferred.
- 5+ years of experience in Indirect Procurement, specifically within Financial Services, Insurance, or Fintech.
- Strong legal literacy with the ability to redline commercial contracts and understand liability clauses.
- Expertise in enterprise e-Procurement tools such as SAP Ariba, Coupa, or Oracle Cloud.
- Demonstrated data analytics skills to track spend leakage and identify consolidation opportunities.
- High level of integrity and experience working within a highly regulated corporate environment.
Interested candidates, please click "apply" or send your CV with current and expected salary to alvin.cheung@randstad.com.hk.All applications will be treated with the strictest confidence. Only shortlisted candidates will be contacted.