Assistant Manager/Manager, Procurement

Hong Leong Bank Berhad; Kuala Lumpur; On-site; MYR 90,000 - 130,000; Full time

Job summary

Hong Leong Bank Berhad is seeking a Procurement Assistant Manager in Malaysia to develop and execute sourcing strategies and oversee contract management, vendor relations, and cost optimization.

The role focuses on leading procurement projects, ensuring regulatory compliance, and collaborating with internal stakeholders to deliver value across the bank’s sourcing activities.

Qualifications

• Malaysian citizen.
• Degree or Diploma in Finance/Accounting/Banking, Economics, Business/Management or equivalent supply-chain qualification.
• 5 years of procurement experience; knowledge of sustainability and e-procurement systems (Oracle) preferred.
• Proficient in English and Malay; capable with MS Office and procurement software.
• Strong negotiation and contract management skills; able to multitask across projects.

Responsibilities

• Develop and execute a procurement strategy aligned with bank objectives; negotiate with vendors to secure favorable terms.
• Draft and negotiate complex corporate service contracts; ensure compliance with legal and regulatory standards.
• Analyze spending to identify cost-saving opportunities and report procurement metrics.
• Manage supplier relationships to ensure service quality and resolve performance issues.
• Oversee end-to-end procurement projects, coordinating with internal departments.
• Assess and mitigate supply chain risks and maintain business continuity plans.

Skills

Procurement strategy

Contract negotiation

Vendor management

Excel

English & Malay

Cost analysis

Education

Finance/Banking/Accounting degree

Tools

Oracle E-procurement

MS 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.