Procurement Senior Specialist

Commerz Global Service Solutions Sdn. Bhd.; Petaling Jaya; On-site; MYR 80,000 - 120,000; Full time

Benefits offered by this job

Medical coverage

Dental coverage

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Job summary

Commerz Global Service Solutions Sdn. Bhd. is seeking experienced procurement professionals to manage indirect procurement across banking/financial services categories.

The role requires Mandarin proficiency, execution of end-to-end procurement processes, contract review, and supplier management. You will work from our Petaling Jaya location with a focus on achieving cost savings and regulatory compliance. The position demands 5-7 years in indirect procurement, familiarity with SAP, and strong

Qualifications

• 5-7 years indirect procurement experience in banking/financial services
• Extensive experience negotiating contracts and supplier relationships
• Familiar with procurement processes and regulatory topics in finance
• Mandarin language ability required for communication with Mandarin-speaking clients

Responsibilities

• Perform end-to-end procurement cycle from requisition to payment and resolution
• Drive cost savings through supplier negotiations and value assessments
• Evaluate products/services to meet business needs and ensure compliance
• Maintain supplier list and onboard new suppliers when needed
• Review and manage contracts, terms, and vendor performance
• Support audits and report procurement metrics in a timely manner
• Develop strong internal customer relationships for procurement support

Skills

Mandarin fluency

Procurement expertise

Education

Diploma/Degree in Business Administration / IT /or equivalent

Tools

SAP

Job description

These positions are responsible for the execution of Procurement activities for all assigned categories in accordance with Global Procurement Guidelines for Commerzbank branches in Asia.

This position is based in CelcomDigi Tower, Petaling Jaya, Selangor.

Candidate proficient in Mandarin (reading, speaking, and writing) is MUST.

Required to work on Malaysian public holidays; replacement leave will be provided.

Purchases of Goods and Services:

Perform end-to-end Procurement cycle starting from Purchase Requisition, RFQ/RFP process, Purchase Order issuance, Order follow through on delivery to Payment and resolutions if needed

Seek, drive, negotiate savings at every opportunity, new and repeating purchases

Evaluate and compare products and services to determine which best meet the business needs.

Perform analysis of market and supplier competitiveness with recommended actions to business

Review Supplier List periodically to keep it up to date with best suppliers who provide value propositions

Where occasions arise that preferred suppliers are not able to support, source and onboard new suppliers

Keep abreast of Corporate policy and guidelines and Asia’s regulatory requirements and implement into procurement processes and procedures

Support all audit related activities

Gather and report on procurement related matrices on a timely manner as required, ensure integrity of data reported

Contract Review and Management:

Review procurement related documents, e.g. contracts, proposals, quotations for commercials terms and conditions.

Highlight and make appropriate recommendations accordingly for the best commercials and risks mitigations

Maintain contractual documents in the SAP contract database (or other tool).

Manage contract anniversary in a timely manner prior to expiry, engage business for appropriate actions to be taken, e.g. if renew al, to seek cost savings, avoidances or if termination, to avoid penalties, unwarranted extension of contracts, amongst others, to reduce exposure on commercials

Together with Business and Legal, review periodically and update standard contract clauses as w ell as the purchase order terms and conditions in line with risks mitigation and regulatory requirements

Assist in vendor selection, management and performance

Manage supplier relationship matters with the preferred suppliers to enable them to provide the best value proposition in terms of pricing, support, quality, risks mitigation amongst others

Conduct business reviews with preferred suppliers on a periodic basis to assess their performance, providing interactive feedback and implementing action plans for continuous improvements and risk mitigations.

Support and conduct Global Corporate Procurement (CP) Supplier Assessments

Customer Relationship Management CRM (applicable to Senior Specialist):

Develop strong internal customer relationships to understand and meet key business requirements and cost objectives.

Provide advice and assistance of a high professional standard for any Procurement matters in Category, Operations support, Contractual and Supplier matters amongst others

Other Responsibilities

Stays up to date with current trends and regulations within the scope of Procurement.

Act in line strictly with all applicable external law s and internal policies.

Undertake such other duties as may be required from time to time which are commensurate with the position

Formal Education :

Diploma/Degree in Business Administration / IT /or equivalent

Experiences Requirement :

Minimum 5 and 7 years in Indirect Procurement for Specialist and Senior Specialist respectively in the Banking/Financial Services industry

Extensive experience in managing spend in the major categories of:

• Telecom services e.g. Data circuits, Voice including mobile.
• Facility Management (FM) e.g. Uninterrupted Power Supply (UPS), office supplies.
• Travel e.g. Travel Management Contractor (TMC), Airlines, Hotels
• Human Resource (HR) e.g. Recruitment agencies

Familiar with Procurement matters that are related to Compliance and Regulatory topics in the Banking industry.

Extensive experience in negotiating contracts and managing supplier relationships.

Extensive know ledge of standard procurement processes and practices

Extensive customer service skills and know ledge pertaining to Procurement

Experience working with/leading cross-functional project teams

Experience of SAP is desirable

Able to read, write, speak in Mandarin language to effectively communicate with Mandarin-speaking clients.

Commerz Global Service Solutions (CGSS) is a 100% owned subsidiary of Commerzbank AG.

As a global service provider based in Petaling Jaya and Penang, Malaysia, we are positioned to deliver a wide range of global services and comprehensive solutions to meet the needs of its clients. Catering to multiple branches across Asia, Europe, and the Americas, CGSS contributes to increase profitability, standardize quality, and leveraging synergies for Commerzbank AG across regions into one central hub ensuring cost efficient processing. Visit our website or our Linkedin page to learn more about us.

Commerz Global Service Solutions (CGSS) is a 100% owned subsidiary of Commerzbank AG.

As a global service provider based in Petaling Jaya and Penang, Malaysia, we are positioned to deliver a wide range of global services and comprehensive solutions to meet the needs of its clients. Catering to multiple branches across Asia, Europe, and the Americas, CGSS contributes to increase profitability, standardize quality, and leveraging synergies for Commerzbank AG across regions into one central hub ensuring cost efficient processing. Visit our website or our Linkedin page to learn more about us.

Perks and benefits Medical Dental Customize your own medical benefits, Medical cover