Procurement Management Support (Bank) (JT)
Strategic Sourcing & Procurement
• Manage the end-to-end procurement lifecycle from business requirement gathering through sourcing, contract execution, supplier onboarding, and post-award support.
• Lead sourcing projects for non-technology categories including:
o Sales & Marketing services
o Event management and production services
o Creative and advertising agencies
o Corporate services
o Selected Facilities Management services
• Develop sourcing strategies that balance cost, quality, service, and risk.
• Conduct market analysis and supplier benchmarking to identify competitive sourcing opportunities.
RFQ/RFP Management
• Prepare, issue, and manage Request for Quotation (RFQ), Request for Proposal (RFP), and Request for Information (RFI)exercises.
• Coordinate supplier evaluations using predefined commercial and technical criteria.
• Facilitate cross-functional evaluation committees and provide sourcing recommendations supported by data and commercial analysis.
• Ensure sourcing processes are fair, transparent, and compliant with internal governance policies.
Supplier Negotiation & Contract Management
• Lead commercial negotiations covering:
o Pricing
o Service levels
o Contractual terms and conditions
o Performance metrics
o Renewal and exit clauses
• Partner with Legal and business stakeholders to review, negotiate, and finalise supplier contracts.
• Support contract execution and ensure all contractual documentation is complete and properly governed.
• Manage contract renewals and supplier performance reviews where applicable.
Stakeholder Management
• Serve as a trusted procurement business partner to internal stakeholders.
• Understand business requirements and provide sourcing advice that aligns with organisational objectives.
• Influence stakeholders on procurement best practices and policy compliance.
• Collaborate with Finance, Legal, Risk, Compliance, and business teams throughout the sourcing lifecycle.
Risk Management & Governance
• Identify procurement, commercial, operational, legal, and supplier risks throughout the sourcing process.
• Recommend appropriate mitigation strategies to minimise procurement risks.
• Ensure adherence to procurement governance, delegated authority limits, and organisational policies.
• Maintain complete sourcing documentation and audit trails for compliance purposes.
Supplier Relationship Management
• Develop and maintain effective relationships with key suppliers.
• Monitor supplier performance against agreed KPIs and contractual obligations.
• Drive continuous improvement and value creation through supplier engagement.
Requirements
Education
• Bachelor’s Degree in Business, Supply Chain Management, Procurement, Finance, or a related discipline.
• Professional procurement certifications (e.g., CIPS, CPSM, ISM, or equivalent) are advantageous.
Experience
• 5–10 years of procurement, sourcing, or category management experience.
• Strong experience managing end-to-end procurement activities.
• Demonstrated experience conducting RFQ, RFP, and RFI exercises.
• Proven experience negotiating commercial terms, pricing, and supplier contracts.
• Experience supporting non-technology procurement categories, particularly:
o Sales & Marketing
o Events and marketing services
o Corporate services
o Facilities Management
• Experience working within a structured procurement governance framework.
Technical & Functional Skills
• Strong understanding of the procurement lifecycle.
• Knowledge of sourcing methodologies and supplier evaluation techniques.
• Good understanding of contract structures and commercial terms.
• Ability to analyse spend, pricing models, and supplier proposals.
• Knowledge of procurement risk management and governance practices.
• Experience using procurement systems(e.g., SAP Ariba, Coupa, Oracle Procurement Cloud, Jaggaer, or equivalent) isan advantage.
• Strong proficiency in Microsoft Excel and PowerPoint.
Soft Skills
• Strong negotiation and influencing skills.
• Excellent communication and stakeholder management abilities.
• Commercially minded with strong analytical thinking.
• Able to work independently while managing multiple sourcing projects.
• High attention to detail with strong organisational skills.
• Collaborative, proactive, and solution-oriented.
• Demonstrates integrity, professionalism, and sound judgment.
Success Measures
The successful candidate will be able to:
• Deliver sourcing projects on time while meeting business objectives.
• Achieve measurable cost savings and commercial value.
• Successfully negotiate favourable commercial and contractual outcomes.
• Ensure procurement activities comply with governance, risk, and audit requirements.
• Build strong partnerships with stakeholders and suppliers.
• Identify and mitigate procurement risks before contract execution.
• Continuously improve procurement processes and sourcing outcomes.
This job advertisement is posted by:
Tan Geok Khim (Deng Yuqin) (R22107857)
A-IT Software Services Pte Ltd
EA License No: 24C2345
“By submitting your application for this position, you consent to the collection, use, and disclosure of your personal data by A-IT Software Services and its recruitment partners, including Employment and Employability Institute Pte Ltd, for the purpose of i)employment facilitation and ii) data and statistical analysis. You may find out more information on the PDPA policies at [A-IT Software Services] and[https://www.e2i.com.sg/pdpa/].”