Senior Associate, Group Procurement & Services, Technology & Operations

DBS Bank Ltd

Hong Kong

On-site

HKD 600,000 - 900,000

Full time

9 days ago

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Job summary

DBS Bank Ltd is seeking an experienced procurement professional in Hong Kong to manage end-to-end procurement across corporate operations and IT infrastructure. You will lead cost optimization, vendor negotiations, and contract governance, ensuring compliance with internal standards and regulatory requirements.

The role emphasizes cross-functional collaboration, detailed cost analysis, and strategic sourcing to deliver high-quality projects on time and within budget.

Qualifications

  • Bachelor-level degree in procurement, supply chain, or related field.
  • Professional procurement certifications (e.g., CIPS) are advantageous.
  • Minimum 5 years in strategic sourcing, procurement, or cost management.

Responsibilities

  • Lead end-to-end procurement for multi-disciplinary categories across corporate operations and IT infrastructure.
  • Develop and execute procurement strategies, negotiate terms and SLAs, and manage vendor relationships.
  • Prepare tender documents, RFQs/RFPs, and analyze proposals for best value.
  • Monitor budgets, track spend, and implement corrective actions as needed.
  • Collaborate with Legal, Compliance, and Risk teams to ensure contract governance and risk mitigation.

Skills

Negotiation
Analytical thinking
Stakeholder management
Multitasking

Education

Supply Chain Management degree
CIPS certification advantageous

Job description

Job Objective

The role is responsible for managing end-to-end procurement activities across multi-disciplinary categories, encompassing corporate operations or business projects and/or IT technology infrastructure and hardware sourcing. With a strong focus on cost optimization, vendor management, and rigorous contract negotiation, this role leverages commercial expertise and cost management principles to ensure timely, cost-effective, and high-quality project and category delivery. The role plays a critical role in managing supplier and contractor relationships, mitigating legal and financial risks, and ensuring strict adherence to internal procurement standards and regulatory requirements.

Job Responsibilities
Cost Management and Financial Control
  • Prepare, issue, and analyze tender documents, requests for quotation (RFQ), requests for proposal (RFP), bid proposals, and contractor/vendor quotations to ensure competitive pricing and maximum value for money.
  • Perform detailed cost analysis, total cost of ownership (TCO) modeling, and value engineering to identify potential cost savings without compromising quality, security standards, or project scope.
  • Monitor project or category budgets throughout their lifecycle, identify cost variances, track spend performance, and implement timely corrective actions.
Procurement and Vendor Management
  • Develop and execute robust procurement strategies for goods, services, hardware, materials, and equipment required for corporate projects or technology initiatives, collaborating closely with internal stakeholders and sourcing teams.
  • Compare and analyze vendor and contractor proposals, conducting strong commercial negotiations to secure favorable contractual terms, service level agreements (SLAs), and pricing.
  • Communicate effectively with main contractors, technology vendors, subcontractors, and internal tech/facilities teams regarding project requirements, technical specifications, and delivery timelines.
  • Evaluate vendor performance through periodic reviews and manage supplier relationships to ensure high service standards, risk mitigation, and timely delivery.
Contract Management and Governance
  • Assist in drafting, reviewing, and administering contracts, statements of work (SOW), and master service agreements (MSAs) with suppliers and contractors.
  • Ensure full compliance with internal policies, delegation of authority (DOA), third-party risk management (TPRM), information security standards, and contractual terms.
  • Manage and resolve contractual issues, disputes, or vendor performance bottlenecks in coordination with Legal, Compliance, and Risk teams.
Project Support and Cross-Functional Coordination
  • Participate in regular project and category review meetings to provide procurement, commercial, and cost-related insights.
  • Review and coordinate technical and operational requirements with end-users to ensure procurement strategies align with business needs, operational readiness, and Group Procurement standards.
Job Requirements
Education and Certifications:
  • Degree in Supply Chain Management, Information Technology, Business Administration, Finance, or a related discipline.
  • Professional certifications in procurement, supply chain (e.g., CIPS) are advantageous.
Experience:
  • Minimum 5 years of relevant professional experience in strategic sourcing, procurement, contract management, or cost management within corporate environments, financial services, or construction/technology sectors.
Soft Skills & Competencies:
  • Exceptional commercial negotiation skills, and communication skills (both written and verbal).
  • Strong analytical and problem-solving abilities with a keen eye for detail and risk assessment.
  • Proven ability to build and maintain effective relationships with internal stakeholders across technology and business units, as well as external vendors and contractors.
  • Proactive, highly organized, and capable of managing multiple priorities concurrently in a fast-paced corporate environment.
  • We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.

We regret only shortlisted candidates will be notified.

Location:

Two Harbour Square

Job:

Procurement

Schedule:

Regular

Employee Status:

Full time

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