Sourcing Specialist

OCBC Group; Malaysia; On-site; MYR 90,000 - 150,000; Full time

Benefits offered by this job

Competitive base salary

Flexible benefits

Community initiatives

Professional development opportunities

Wellbeing focus

Job summary

OCBC Group is seeking a procurement professional to develop and implement strategies that align with our risk framework and ESG commitments. The role emphasizes data analysis, supplier negotiations, and cross-team collaboration to optimize cost and value for the bank.

You will build strong relationships with stakeholders and suppliers, ensuring policies and procedures are followed while delivering continuous improvements in a regulated financial services environment.

Qualifications

• Degree in business, finance, or supply chain management.
• At least 3 years procurement experience.
• Strong analytical and problem-solving skills.
• Excellent communication and negotiation skills.

Responsibilities

• Develop and implement procurement strategies that meet the bank's objectives without compromising risk.
• Analyze data and market trends to identify opportunities for cost savings and process improvements.
• Analyse problem statement and initiate new way of doing things.
• Build and maintain relationships with stakeholders and suppliers.
• Negotiate contracts and agreements with suppliers, collaborate with Legal Department.
• Implement procurement policies and procedures.
• Collaborate with other teams to ensure that procurement activities are aligned with the bank's overall strategy inclusive of ESG.

Skills

Analytical skills

Negotiation

Communication

Teamwork

Attention to detail

Education

Degree in business/finance or supply chain management

Job description

WHO WE ARE:

As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires. Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future. We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career. Your Opportunity Starts Here.

This is the broad job description of the job profile. Definitive job description should be reviewed and discussed between you and your manager.

Job Description:

• Develop and implement procurement strategies that meet the bank's objectives without compromising risk
• Analyze data and market trends to identify opportunities for cost savings and process improvements
• Analyse problem statement and initiate new way of doing things
• Build and maintain relationships with stakeholders and suppliers
• Negotiate contracts and agreements with suppliers, collaborate with Legal Department
• Implement procurement policies and procedures
• Collaborate with other teams to ensure that procurement activities are aligned with the bank's overall strategy inclusive of ESG
• A degree in a relevant field, such as business, finance or supply chain management
• At least 3 years of experience in procurement or a related field
• Strong analytical and problem-solving skills
• Excellent communication and negotiation skills
• Ability to work independently and as part of a team
• Strong attention to detail and ability to manage multiple priorities

What we offer:

• Competitive base salary.
• A suite of holistic, flexible benefits to suit every lifestyle.
• Community initiatives.
• Industry-leading learning and professional development opportunities.
• Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.

Let’s build the bank we need for the future we want. Find the best version of yourself in a friendly, supportive team. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career. Your Opportunity Starts Here

As the longest established Singapore bank, formed in 1932 from the merger of three local banks, we have grown from strength to strength to become a regional financial services group. With a deep history in Asia, we offer the most comprehensive coverage across ASEAN and Greater China, complemented with a presence in the leading economies of New York, London and Sydney. We are the second largest financial services group in Southeast Asia by assets with one of the world’s highest credit rating (Aa1 by Moody’s and AA- by both Fitch and S&P). We offer private banking services through our wholly-owned subsidiary, Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals. Our insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia.