Assistant Manager/Manager, Procurement

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

Job summary

Hong Leong Bank seeks a Procurement Assistant Manager to develop and execute sourcing strategies, manage contracts and tendering activities, and drive cost efficiency. The role reports to the Procurement Manager and requires a strong understanding of procurement principles.

The ideal candidate will negotiate with high-quality vendors, monitor performance, and coordinate across internal departments to ensure compliance and timely delivery of projects.

Qualifications

• Malaysian citizenship is required.
• Bachelor’s/Diploma or higher in Finance, Accounting, Banking, Economics, Business or related supply-chain field.
• At least 5 years of experience in procurement or a similar role.
• Knowledge of sustainability, green procurement and E-procurement systems such as Oracle is preferred.
• Proficiency in English and Malay (written/spoken) and competence with MS Office and procurement software.
• Excellent negotiation and contract management skills; strong analytical and multi-project management abilities.

Responsibilities

• Develop and execute sourcing strategies aligned with bank objectives.
• Draft and negotiate complex corporate service contracts with vendors.
• Analyze spending to identify cost-saving opportunities and track procurement metrics.
• Cultivate strong vendor partnerships and support stakeholders in performance issues.
• Oversee end-to-end procurement projects from vendor selection to implementation.
• Assess and mitigate supply chain risks and ensure business continuity.

Skills

Negotiation

Contract management

Procurement strategy

Cost analysis

Vendor management

Project management

English & Malay communication

Education

Bachelor's Degree in Finance/Accounting/Banking/Economics/Business

Diploma or Master's in supply-chain relevant field

Tools

Oracle E-procurement

Microsoft Office

Job description

If you are looking to excel and make a difference, take a closer look at us… 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: Develop and execute sourcing strategies aligned with bank objectives; identify and negotiate with high-quality vendors for favorable terms.
• Contract Management: Draft and negotiate complex corporate service contracts; ensure full compliance with legal/regulatory standards and manage performance monitoring.
• Cost Management: Analyze spending to identify cost‑saving opportunities; track and report on procurement metrics and expense optimization.
• Supplier Relationship Management: Cultivate strong vendor partnerships to ensure service quality; support stakeholders in resolving performance issues and disputes.
• Project Management: Oversea end‑to‑end procurement projects—from vendor selection to implementation—while coordinating across internal departments.
• Risk Management: Proactively assess and mitigate supply chain risks; implement and update risk management plans to ensure business continuity.

Job Requirements

• Malaysian citizen.
• Diploma or Bachelor’s Degree, Professional Degree, Master Degree in Financing/ Accounting/Banking, Economics, Business Studies/ Administration/ Management, or relevant equivalent supply‑chain qualification.
• 5 years of experience in procurement or a similar role.
• Knowledge of sustainability, green procurement and E‑procurement systems such as Oracle is highly preferred.
• Working proficiency in English and Malay (written/spoken) and competent in Microsoft Office applications (Word & Excel) as well as procurement software.
• Excellent negotiation and contract management skills, strong analytical with problem solving skills and ability to manage multiple projects simultaneously.

About Hong Leong Bank

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.

Hong Leong Bank (“HLB”) stands proudly as a leading financial services institution based in Malaysia, providing a wide range of comprehensive and innovative financial solutions across the region. These services are delivered through both digital and traditional means, via online and mobile banking, as well as our digital branch concept to provide customers with an efficient and seamless experience aided by technology.

As the service and financial landscape changes rapidly with the ever‑increasing use of technology, staying attuned to customers needs and desires becomes even more critical to HLB’s operations. To stay ahead of these dynamic changes, the Bank has adopted the approach of reimagining banking by embedding digital considerations and customer centricity in every aspect of our operations, from products and services as well as customer care and engagement.

HLB’s ethos of being Digital‑At‑The‑Core powered by customers‑at‑the‑forefront will continue to lead us to innovate offerings in line with our aspiration of being a highly digital and innovative financial services organization.