ALLEGIS GLOBAL SOLUTIONS (SINGAPORE) PTE. LTD.
*BANK, 2 years contract* Mgr, Strategic Sourcing (Technology Category, Procureme
ALLEGIS GLOBAL SOLUTIONS (SINGAPORE) PTE. LTD., West Islip, New York, United States
Allegis Global Solutions is the exclusive Contingent HR services provider for one of the world’s leading banks.
At Allegis Global Solutions we’re proud to be the leader in global talent solutions. We draw upon decades of industry expertise to develop innovative tools, products, processes and strategies focused on outcome. Moreover, we’re incredibly proud to have built a culture that empowers our people to make their mark while making deep connections that will last a lifetime. With our passion and culture for talent, we are truly transforming the way the World acquires talent.
Our Client is one of the world's most international banks with over 1,100 branches, offices and outlets in 67 countries. They operate in some of the world's most dynamic markets and have been for over 150 years. More than 90 per cent of their income and profits are derived from Asia, Africa and the Middle East. Their brand promise, Here for good, underlines their distinctive approach.
Job Summary
Supply Chain Management (SCM) is responsible for the overall commercial management of how the bank engages and spends money with its external third-party suppliers. The SCM Global Technology Team is looking for a candidate with strong experience in sourcing / procurement and the gravitas to engage stakeholders within business functions to support key priorities. The successful candidate will be responsible for influencing and executing sourcing activities in collaboration with various business functions and related support teams. Ideal candidate must be able to demonstrate excellence in negotiating favourable commercial outcomes. Deliver Effective and pro-active stakeholder management of key leaders across assigned business functions by setting out clear strategies, developing strong partnerships and innovative approaches to sourcing and vendor management aligned to the needs of their unique portfolio. Executing sourcing deals in alignment with Technology category strategies, objectives, and supply chain targets Key accountability of collaborating with SCM internal team in reviewing the pipeline, focussing on longer term value creation (18+ months) and ensuring that deals are constructed in a commercially sound, scalable manner. Take accountability of end of end onboarding of vendors, including but not limited to taking lead on managing/engaging stakeholders in relevant risk functions. Fosters teamwork with the rest of SCM to ensure optimal support and service is provided to the assigned business functions. Contribute to the strategy and overall achievement of functional objectives of SCM, particularly in the areas of Commercial Value, Third Party Risk Management (TPRM), Sustainability. Owns the assigned sourcing strategies for Technology, comprising of commercial and market aspects as well as channelling and processes definition in line with the Ariba platform. Implementing the sustainability agenda of the Bank through specific strategies and category plans. Key Responsibilities
Note: The following subsections align with the Bank’s structure and SCM practices. Strategy
Ensures that the relevant sourcing strategies are kept updated and current, focusing on commercial value generation and risk profile in line with the Bank’s strategy and business plans. Support, Optimise management of end-to-end supply chain, increasing deal commercial value, managing risks in a way that gets to market quickly and in line with the Bank’s priorities. Contribute to the development of clear deal strategies, ensuring alignment/priorities of relevant Technology categories. Proactively engage with assigned stakeholders to understand overall requirements, challenge current thinking and strengthen vendor management as a strategic advantage for the function. Ensuring enhanced governance and controls to protect the Groups assets and stakeholders in relation to vendor decisions. Implement the Bank’s sustainability strategy throughout our vendor portfolio. Participate in regular pipeline reviews ensuring alignment with the business. Support contract remediation and dispute resolution of existing relationships, up to and including exit management if required. Business
Accountability for establishing and achieving assigned project timelines, partnering strategies and commercial goals through effective resourcing, and partnering with Technology teams. Establish and maintain effective stakeholder engagement demonstrating value to the assigned businesses through joint innovation on efficiency, supplier risk, sustainability, and compliance matters Influence the buy decisions. Lead complex deal negotiations, including Outsourcing. Manages complex competitive sourcing events (RFx, eAuction etc.) without supervision. Influences the internal and third party decisioning regarding contracts. Plays a lead role in brokering the parties to reach an agreement. Fronts discussions regarding strengths and weaknesses of the agreement as applies to commercial elements. Leads the contract negotiations with the suppliers, accurately interprets contractual terms into risks, and supports the closing of contractual blockages through to completion. Work with Global Category Managers and Technology Contract owners / senior Technology Stakeholders on implementing the outputs from the Technology Category Strategy Uplift. This programme is looking to reduce the tail number of technology vendors as well as look across all areas of Technology spend to identify areas for consolidation, exit and demand management. Meets or exceeds save targets. Processes
Ensure that supplier partnering strategies incorporate the needs of the assigned stakeholders, leveraging existing suppliers as appropriate to reduce lead-times. Work collaboratively with the wider SCM team to ensure effective and efficient service delivery for the business. Embed the Sustainability agenda into contracts as appropriate. Ensures Strategic vendors are managed in accordance with the Vendor Management process and needs of the assigned functions and stakeholders. Risk Management
Support and execute necessary actions and deliverables to meet existing and new regulatory requirements that relate to the assigned supplier base. Support risk reviews for SCM and implement corrective actions as required. Ensure effective escalation for all blockages, risks, issues or non-adherence to Group Policies. Comply with the highest standards of regulatory and business conduct as defined by internal and external requirements. Understand and ensure compliance with, in letter and spirit, all applicable laws, regulations and guidelines including those governing securities activities, company law, anti-money laundering, terrorist financing and sanctions; the Group’s policies and procedures; and the Group Code of Conduct. Take personal responsibility for understanding the risk and compliance requirements of the role, Embed the Group’s Values and Group Code of Conduct to ensure adherence with the highest standards of ethics. Comply with relevant policies, processes, and regulations, as part of the culture. Governance
Drive process changes to simplify the sourcing process or to accommodate the specific needs of the supported business units. Supports overall governance within the assigned portfolio of Third Party Risk Management activities (covering internal and external outsourcing, and vendor management) leveraging the central TPRM and Vendor Management delivery teams. Manage cases of non-compliance with due regard to the risks involved. Provide counsel and leadership to stakeholders across the business functions within the region in support of procurement, vendor management, outsourcing and contract management and other SCM related queries. Skills and Qualifications
Academic or Professional Education/Qualifications: Degree or equivalent qualifications in Procurement, Supply Chain Management, Engineering. Possess strong relationship-building skills, with an ability to work effectively with peers and senior stakeholders across multiple regions Agile and comfortable with dealing with complex datasets. Effective verbal and written presentation and exceptional communication skills Strong project management and problem-solving skills Self-starter and resilient Strong cognitive ability to design meaningful dashboards to drive key management decisions. Professional Memberships: CIPS or similar desirable. Will be required to handle Chinese and Korean groups. Knowledge of Mandarin is essential and Korean is a plus Previous experience of working within the Financial Services is an advantage.
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Supply Chain Management (SCM) is responsible for the overall commercial management of how the bank engages and spends money with its external third-party suppliers. The SCM Global Technology Team is looking for a candidate with strong experience in sourcing / procurement and the gravitas to engage stakeholders within business functions to support key priorities. The successful candidate will be responsible for influencing and executing sourcing activities in collaboration with various business functions and related support teams. Ideal candidate must be able to demonstrate excellence in negotiating favourable commercial outcomes. Deliver Effective and pro-active stakeholder management of key leaders across assigned business functions by setting out clear strategies, developing strong partnerships and innovative approaches to sourcing and vendor management aligned to the needs of their unique portfolio. Executing sourcing deals in alignment with Technology category strategies, objectives, and supply chain targets Key accountability of collaborating with SCM internal team in reviewing the pipeline, focussing on longer term value creation (18+ months) and ensuring that deals are constructed in a commercially sound, scalable manner. Take accountability of end of end onboarding of vendors, including but not limited to taking lead on managing/engaging stakeholders in relevant risk functions. Fosters teamwork with the rest of SCM to ensure optimal support and service is provided to the assigned business functions. Contribute to the strategy and overall achievement of functional objectives of SCM, particularly in the areas of Commercial Value, Third Party Risk Management (TPRM), Sustainability. Owns the assigned sourcing strategies for Technology, comprising of commercial and market aspects as well as channelling and processes definition in line with the Ariba platform. Implementing the sustainability agenda of the Bank through specific strategies and category plans. Key Responsibilities
Note: The following subsections align with the Bank’s structure and SCM practices. Strategy
Ensures that the relevant sourcing strategies are kept updated and current, focusing on commercial value generation and risk profile in line with the Bank’s strategy and business plans. Support, Optimise management of end-to-end supply chain, increasing deal commercial value, managing risks in a way that gets to market quickly and in line with the Bank’s priorities. Contribute to the development of clear deal strategies, ensuring alignment/priorities of relevant Technology categories. Proactively engage with assigned stakeholders to understand overall requirements, challenge current thinking and strengthen vendor management as a strategic advantage for the function. Ensuring enhanced governance and controls to protect the Groups assets and stakeholders in relation to vendor decisions. Implement the Bank’s sustainability strategy throughout our vendor portfolio. Participate in regular pipeline reviews ensuring alignment with the business. Support contract remediation and dispute resolution of existing relationships, up to and including exit management if required. Business
Accountability for establishing and achieving assigned project timelines, partnering strategies and commercial goals through effective resourcing, and partnering with Technology teams. Establish and maintain effective stakeholder engagement demonstrating value to the assigned businesses through joint innovation on efficiency, supplier risk, sustainability, and compliance matters Influence the buy decisions. Lead complex deal negotiations, including Outsourcing. Manages complex competitive sourcing events (RFx, eAuction etc.) without supervision. Influences the internal and third party decisioning regarding contracts. Plays a lead role in brokering the parties to reach an agreement. Fronts discussions regarding strengths and weaknesses of the agreement as applies to commercial elements. Leads the contract negotiations with the suppliers, accurately interprets contractual terms into risks, and supports the closing of contractual blockages through to completion. Work with Global Category Managers and Technology Contract owners / senior Technology Stakeholders on implementing the outputs from the Technology Category Strategy Uplift. This programme is looking to reduce the tail number of technology vendors as well as look across all areas of Technology spend to identify areas for consolidation, exit and demand management. Meets or exceeds save targets. Processes
Ensure that supplier partnering strategies incorporate the needs of the assigned stakeholders, leveraging existing suppliers as appropriate to reduce lead-times. Work collaboratively with the wider SCM team to ensure effective and efficient service delivery for the business. Embed the Sustainability agenda into contracts as appropriate. Ensures Strategic vendors are managed in accordance with the Vendor Management process and needs of the assigned functions and stakeholders. Risk Management
Support and execute necessary actions and deliverables to meet existing and new regulatory requirements that relate to the assigned supplier base. Support risk reviews for SCM and implement corrective actions as required. Ensure effective escalation for all blockages, risks, issues or non-adherence to Group Policies. Comply with the highest standards of regulatory and business conduct as defined by internal and external requirements. Understand and ensure compliance with, in letter and spirit, all applicable laws, regulations and guidelines including those governing securities activities, company law, anti-money laundering, terrorist financing and sanctions; the Group’s policies and procedures; and the Group Code of Conduct. Take personal responsibility for understanding the risk and compliance requirements of the role, Embed the Group’s Values and Group Code of Conduct to ensure adherence with the highest standards of ethics. Comply with relevant policies, processes, and regulations, as part of the culture. Governance
Drive process changes to simplify the sourcing process or to accommodate the specific needs of the supported business units. Supports overall governance within the assigned portfolio of Third Party Risk Management activities (covering internal and external outsourcing, and vendor management) leveraging the central TPRM and Vendor Management delivery teams. Manage cases of non-compliance with due regard to the risks involved. Provide counsel and leadership to stakeholders across the business functions within the region in support of procurement, vendor management, outsourcing and contract management and other SCM related queries. Skills and Qualifications
Academic or Professional Education/Qualifications: Degree or equivalent qualifications in Procurement, Supply Chain Management, Engineering. Possess strong relationship-building skills, with an ability to work effectively with peers and senior stakeholders across multiple regions Agile and comfortable with dealing with complex datasets. Effective verbal and written presentation and exceptional communication skills Strong project management and problem-solving skills Self-starter and resilient Strong cognitive ability to design meaningful dashboards to drive key management decisions. Professional Memberships: CIPS or similar desirable. Will be required to handle Chinese and Korean groups. Knowledge of Mandarin is essential and Korean is a plus Previous experience of working within the Financial Services is an advantage.
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