Procurement Manager (IT) - Organization & Productivity Management

The Bank of East Asia (BEA); Hong Kong; On-site; HKD 900,000 - 1,300,000; Full time

Job summary

The Bank of East Asia (BEA) in Hong Kong is seeking an accomplished procurement leader to drive cost optimization and supplier relationships. You will oversee end-to-end procurement, identify potential suppliers, negotiate terms, and ensure regulatory compliance.

The role requires strong leadership, English and Chinese communication, and the ability to work under pressure in a fast-paced financial environment.

Qualifications

• 8–10 years' experience in procurement or supply chain management.
• Strong leadership, communication, and negotiation skills.
• Experience with procurement policies and systems.
• Excellent command of English and Chinese, written and spoken.
• Able to perform under pressure and meet tight schedules.

Responsibilities

• Deliver significant financial impacts by sourcing supplier solutions to meet cost objectives.
• Support ongoing improvements to Procurement policies and systems.
• Manage end-to-end procurement, including supplier identification and unbiased selection.
• Negotiate with suppliers and ensure regulatory compliance.
• Monitor market trends to identify cost savings and process improvements.
• Prepare reports and presentations on procurement activities.
• Lead cross-departmental and external resources to support procurement objectives.
• Uplift knowledge and capabilities to deliver competitive procurement solutions.
• Maintain high risk awareness and continuous improvement mindset.

Skills

Leadership

Communication

Negotiation

Analytical skills

Problem solving

Education

University degree or above; procurement/supply chain qualification

Job description

• Deliver significant financial impacts by working with stakeholders and cost owners in sourcing supplier solutions and services to achieve cost objectives
• Support ongoing improvements to be made to Procurement policies and system
• Manage the procurement process from start to finish, including identifying potential suppliers on fair and unbiased basis, negotiating with suppliers
• Ensure compliance with relevant regulations and policies related to procurement
• Monitor and analyze market trends to identify opportunities for cost savings and process improvements
• Provide innovative ideas for enhancing stakeholders experience and satisfaction
• Prepare reports and presentations on procurement activities
• Lead initiatives with assigned in-house cross-departmental resources and external supplier resources to support procurement objectives and plans
• Uplift knowledge and capabilities to deliver procurement solutions that are competitive with market trends and demand
• Hold high risk awareness & continuous improvement mindset in the Bank via training, communications and projects
• Embrace a collaborative & supportive culture amongst team members and for cross-departmental projects

Requirements

• University graduate or above and/or holder of professional qualifications of procurement or supply chain management, and/or relevant disciplines
• Ideally at least 8-10 years' relevant experiences in procurement or supply chain management is required (preferably in financial institutions or sizeable MNCs)
• Strong leadership, communication, and negotiation skills, as well as solid experience and knowledge in handling the procurement processes
• Proven experience in collaborating in teams and promoting procurement policies and system for the organization
• Mature, proactive, creative, and independent
• Excellent communication, interpersonal, presentation, analytical and problem solving skills
• Able to perform under pressure and be resourceful in meeting tight schedules
• Excellent command of both spoken and written English and Chinese

Candidates with less experience will be considered for the position of Assistant Manager

Personal data provided by job applicants will be used for recruitment purposes only and will be treated in accordance with the Bank's Personal Information Collection (Employees) Statement and Privacy Policy Statement. Applicants who are not invited for interviews within six weeks may consider their applications unsuccessful and the personal data collected will be destroyed after 1 year.