Assistant Manager/Manager, Procurement

Hong Leong Bank Berhad; Kuala Lumpur; On-site; MYR 120,000 - 180,000; Full time

Job summary

Hong Leong Bank Berhad in Kuala Lumpur seeks a Procurement Assistant Manager to develop and execute a comprehensive procurement strategy covering sourcing, purchasing, contract management and tendering activities.

You will lead vendor negotiations, ensure regulatory compliance, monitor contract performance, drive cost optimization, and coordinate cross-functional teams to deliver end-to-end procurement projects.

Qualifications

• Bachelor's degree required in Finance, Accounting, Banking, Economics, Business Administration/Management or equivalent Supply Chain qualification.
• Minimum 5 years of experience in procurement, strategic sourcing, or similar role.
• Proficient in Microsoft Office (Word & Excel) and procurement software.
• Hands-on experience with E-procurement systems (e.g., Oracle).
• Professional working proficiency in English and Bahasa Malaysia (written and spoken).
• Strong negotiation and contract management abilities, analytical and problem-solving skills, and ability to manage multiple projects.

Responsibilities

• Procurement Strategy: assist in developing and executing sourcing strategies aligned with bank objectives; negotiate with vendors for favorable terms.
• Contract Management: draft and negotiate corporate service contracts; ensure compliance and monitor contract performance.
• Cost Optimization: analyze spending data to identify cost-saving opportunities and report on optimization initiatives.
• Supplier Relationship Management: cultivate vendor partnerships to ensure service quality and resolve performance issues promptly.
• Project Execution: oversee end-to-end procurement projects from vendor selection to contract implementation across cross-functional teams.
• Risk & Compliance Management: assess and mitigate supply chain risks and ensure business continuity across procurement channels.

Skills

Negotiation

Contract management

Analytical skills

Problem-solving

Project management

Education

Bachelor's degree in Finance/Accounting/Banking/Economics/Business Administration or Supply Chain

Tools

Microsoft Office

Oracle e-procurement

Job description

The Procurement Assistant Manager is responsible for developing and executing a comprehensive procurement strategy for all sourcing, purchasing, contract management and tendering activities. The ideal candidate will have a strong understanding of procurement principles, contract negotiation skills, and a focus on cost reduction and efficiency. The successful candidates will report to the Procurement Manager.

Key Responsibilities

Procurement Strategy: Assist in developing and executing sourcing strategies aligned with bank objectives; identify, evaluate, and negotiate with high-quality vendors for favorable terms.

Contract Management: Draft and negotiate corporate service contracts; ensure full compliance with regulatory and legal standards, while monitoring ongoing vendor contract performance.

Cost Optimization: Analyze spending data to identify cost-saving opportunities, track key procurement metrics, and report on expense optimization initiatives.

Supplier Relationship Management (SRM): Cultivate strong vendor partnerships to ensure service quality; collaborate with internal stakeholders to resolve supplier performance issues and contractual disputes promptly.

Project Execution: Oversee end-to-end procurement projects—from vendor selection through to contract implementation—while coordinating across cross-functional internal teams.

Risk & Compliance Management: Assess and help mitigate supply chain risks, implement risk management protocols, and ensure business continuity across all procurement channels.

Job Requirements

Bachelor's Degree in Finance, Accounting, Banking, Economics, Business Administration/Management, or an equivalent Supply Chain qualification.

Minimum 5 years of experience in procurement, strategic sourcing, or a similar role.

Proficient in Microsoft Office (Word & Excel) and procurement software.

Hands-on experience with E-procurement systems (e.g., Oracle) and knowledge of sustainability/green procurement are highly preferred.

Professional working proficiency in English and Bahasa Malaysia (both written and spoken).

Strong negotiation and contract management abilities, solid analytical and problem-solving skills, and a proven track record of managing multiple projects simultaneously.

We are a leading financial institution in Malaysia backed by a century of entrepreneurial heritage. Providing comprehensive financial services guided by a Digital-at-the-Core ethos has earned us industry recognition and accolades for our innovative approach in making banking simpler and more effortless for our customers. Our digital and physical offerings span across a vast nationwide network in Malaysia, strengthened with an expanding regional presence in Singapore, Hong Kong, Vietnam, Cambodia, and China.

We seek to strike a balance between diversity, inclusion and merit to achieve our mission of infusing diversity in thinking and skillsets into our organisation. Candidates are assessed based on merit and potential, in line with our mission to attract and recruit the best talent available. Expanding on our "Digital at the Core" ethos, we are progressively digitising the employee journey and experience to provide a strong foundation for our people to drive life-long learning, achieve their career aspirations and grow talent from within our organisation.

What can I earn as a Procurement Manager