Sourcing Executive at Oversea Chinese Banking Corp

Kuala Lumpur, Kuala Lumpur, Malaysia -

Full Time

Start Date

Immediate

Expiry Date

01 Jan, 26

Salary

0.0

Posted On

03 Oct, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Sourcing, Negotiation, Vendor Management, Contract Review, Risk Assessment, Process Improvement, Communication, Teamwork, Time Management, Problem Solving, ESG Initiatives, Integrity, Self-Motivation, Fluency in Mandarin, Written Communication, Stakeholder Management

Industry

Banking

Description

WHO WE ARE: As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires. Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future. We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career. Your Opportunity Starts Here. Adhere to OCBC Group Procurement Policy, Standards and Procedures, for governance and controls. Demonstrate thought leadership, drive sourcing project and negotiation to deliver cost savings and other benefits to Group. Manage and execute activities relating to the sourcing of products and services for Malaysia or Group. This includes conducting of Request for Proposal (RFP), Request for Quotation (RFQ), evaluation and selection of vendors, price negotiations, contract reviews, in collaboration with internal users and legal and or risk department. Identify internal and external risk factors that could affect the long-term viability and sustainability of a vendor. Review contract terms and work with Legal for execution. Create rapport and maintain good relationships with internal stakeholders & external vendors. Challenge status quo, initiate and drive process improvement to deliver operational efficiency. Conduct root cause analysis on problem statement. Conduct due diligent check on vendor e.g. Anti-Bribery assessment. Collaborate with internal stakeholders and vendors in driving ESG initiatives. High personal integrity. Degree holder in Business or any related degree. Experience in strategic sourcing. Fluent in English & Mandarin. Positive attitude, self-motivated and able to work with minimal supervision as well as the occasional long hours. Strong written communication skills, including the ability to facilitate meetings and effectively lead discussions. Team player, able to communicate effectively and good interpersonal skills. Able to work under stress to meet deadlines and good in time management. What we offer: Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers. Let’s build the bank we need for the future we want. Find the best version of yourself in a friendly, supportive team. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career. Your Opportunity Starts Here Introduce yourself to our recruiters and we'll get in touch if there's a role that seems like a good match. As the longest established Singapore bank, formed in 1932 from the merger of three local banks, we have grown from strength to strength to become a regional financial services group. With a deep history in Asia, we offer the most comprehensive coverage across ASEAN and Greater China, complemented with a presence in the leading economies of New York, London and Sydney. We are the second largest financial services group in Southeast Asia by assets with one of the world’s highest credit rating (Aa1 by Moody’s and AA- by both Fitch and S&P). We offer private banking services through our wholly-owned subsidiary, Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals. Our insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia.

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Responsibilities

The Sourcing Executive will manage sourcing activities for products and services, including conducting RFPs and RFQs, vendor evaluations, and contract reviews. They will also drive process improvements and collaborate on ESG initiatives.