(Assistant) IT Procurement Manager - Financial Institution

Michael Page International (HK) Ltd; Hong Kong; Hybrid; HKD 420,000 - 720,000; Full time

Benefits offered by this job

Hybrid working arrangement

Regional exposure across Asia

Competitive remuneration package with/

Bonus potential

Job summary

Michael Page International (HK) Ltd is seeking an experienced IT Procurement Assistant Manager/Manager in Hong Kong to lead IT-related sourcing, lifecycle management, and vendor governance across banking and financial services sectors. The role collaborates with Technology, Legal, Compliance and Finance to ensure regulatory alignment.

The ideal candidate has 5–10 years in IT procurement, strong contract and licensing knowledge, and professional certifications such as CIPS or CPSM.

Qualifications

• Degree in Procurement, Supply Chain, Business Administration, Information Systems, or related disciplines.
• 5–10 years of procurement experience with focus on IT procurement, technology sourcing, or vendor management.
• Experience in banking, insurance, financial services or regulated industries preferred.
• Strong knowledge of IT contracts, software licensing models, cloud procurement, and technology supplier landscape.
• Certifications such as CIPS or CPSM preferred.

Responsibilities

• Lead sourcing activities for IT-related spend categories including software, hardware, cloud services, telecommunications, cybersecurity, and professional services.
• Manage the full procurement lifecycle from requirement gathering, RFP/RFQ preparation, supplier evaluation, negotiation, contract award, and vendor performance management.
• Partner with Technology, Information Security, Legal, Compliance, and Finance to ensure governance and regulatory alignment.
• Drive commercial negotiations to achieve cost savings, value creation, and risk mitigation.
• Conduct market analysis and supplier benchmarking to identify new technologies and sourcing opportunities.
• Support supplier risk assessments, contract reviews, and third-party management initiatives.
• Monitor supplier performance through regular business reviews and service level management.
• Contribute to procurement process improvements, digitalisation projects, and policy enhancement initiatives.

Skills

IT procurement

Vendor management

Contract negotiation

Stakeholder management

Regulatory/compliance awareness

Education

Degree in Procurement/Supply Chain/Business Administration/Information Systems

Job description

Responsibilities

• Lead sourcing activities for IT-related spend categories including software, hardware, cloud services, telecommunications, cybersecurity, and professional services.
• Manage the full procurement lifecycle from requirement gathering, RFP/RFQ preparation, supplier evaluation, negotiation, contract award, and ongoing vendor performance management.
• Partner with Technology, Information Security, Legal, Compliance, and Finance teams to ensure procurement activities align with internal governance and regulatory requirements.
• Drive commercial negotiations to achieve cost savings, value creation, and risk mitigation.
• Conduct market analysis and supplier benchmarking to identify new technologies, sourcing opportunities, and industry best practices.
• Support supplier risk assessments, contract reviews, and third-party management initiatives.
• Monitor supplier performance through regular business reviews and service level management.
• Contribute to procurement process improvements, digitalisation projects, and policy enhancement initiatives.

Qualifications

• Degree holder in Procurement, Supply Chain, Business Administration, Information Systems, or related disciplines.
• 5-10 years of procurement experience, with a strong focus on IT procurement, technology sourcing, or vendor management.
• Experience within banking, insurance, financial services, fintech, or other regulated industries is highly preferred.
• Strong knowledge of IT contracts, software licensing models, cloud procurement, and technology supplier landscape.
• Proven track record in managing complex sourcing projects and leading commercial negotiations.
• Excellent stakeholder management and communication skills with the ability to influence senior business leaders.
• Familiarity with third-party risk management and procurement governance frameworks will be advantageous.
• Professional certifications such as CIPS, CPSM, or equivalent are preferred.

Background Requirements

Financial institution background is a mustExperience in IT procurement

About the Client

Our client is a well-established financial services organization with a strong presence across Asia. As part of their continued investment in technology, they are seeking an experienced IT Procurement Assistant Manager / Manager to support strategic sourcing initiatives, vendor management, and procurement transformation projects.

Benefits

• Opportunity to join a reputable and growing financial institution.
• Regional exposure supporting technology procurement initiatives across Asia.
• Competitive remuneration package with performance bonus.
• Hybrid working arrangement and flexible working environment.
• Excellent career progression opportunities within procurement and vendor management.