Sourcing Specialist

OCBC Bank (Malaysia) Berhad; Malaysia; On-site; MYR 60,000 - 90,000; Full time

Benefits offered by this job

Competitive base salary

Flexible benefits

Professional development opportunities

Job summary

OCBC Bank (Malaysia) Berhad is seeking a Sourcing Specialist to develop and implement procurement strategies aligned with risk controls and ESG considerations. You will analyze data, negotiate with suppliers, and build strong relationships with stakeholders across the bank.

The role requires a degree in a relevant field and at least 3 years of experience in procurement, with strong analytical, communication, and team collaboration skills to drive cost savings and process improvements.

Qualifications

• 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.

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

Strong analytical and problem-solving

Excellent communication and nego­ti­a­

Ability to work independently

Attention to detail

Education

Degree in business/finance/supply chain

Job description

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

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.

Unlock job insights

Hirer responsiveness Salary match Number of applicants

OCBC Bank, is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southest Asia by assets and one of the world’s most high-rated banks, with an Aa1 rating from Moody’s. It is also ranked by Bloomberg Markets as the world’s strongest bank.

OCBC Bank and its subsidiaries offer a broad array of specialist financial services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services.

OCBC Bank’s key markets are Singapore’s Malaysia, Indonesia and Greater China. It has a network of over 600 branches and representative offices in 18 countries and territories, including more than 330 branches and offices in Indonesia that are operated by its subsidiary, Bank OCBC NISP

OCBC Bank’s insurance subsidiary, Great Eastern Holdings, is the largest Insurance group in Singapore and Malaysia by assets. Its asset management subsidiary, Lion Group Investor, is one of the largest private sector asset management companies in Southest Asia. Private Banking services are provided by subsidiary Bank of Singapore, which continued to gain industry recognition in 2011 including being voted ‘Outstanding Private Bank in Asia Pacific’ by Private Banker international

After being actively involved in offering Islamic banking products and services since 1995, OCBC Bank launched its wholly-owned Islamic banking subsidiary, OCBC Al-Amin Bank Berhad, on 1 December 2008. OCBC Al-Amin offers products and services which are developed based on the applicable Shariah contract and with the endorsement of the Shariah Advisory Committee to meet the requirements of both Muslims and non-Muslims alike.

OCBC Bank, is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southest Asia by assets and one of the world’s most high-rated banks, with an Aa1 rating from Moody’s. It is also ranked by Bloomberg Markets as the world’s strongest bank.

OCBC Bank and its subsidiaries offer a broad array of specialist financial services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services.

OCBC Bank’s key markets are Singapore’s Malaysia, Indonesia and Greater China. It has a network of over 600 branches and representative offices in 18 countries and territories, including more than 330 branches and offices in Indonesia that are operated by its subsidiary, Bank OCBC NISP

OCBC Bank’s insurance subsidiary, Great Eastern Holdings, is the largest Insurance group in Singapore and Malaysia by assets. Its asset management subsidiary, Lion Group Investor, is one of the largest private sector asset management companies in Southest Asia. Private Banking services are provided by subsidiary Bank of Singapore, which continued to gain industry recognition in 2011 including being voted ‘Outstanding Private Bank in Asia Pacific’ by Private Banker international

After being actively involved in offering Islamic banking products and services since 1995, OCBC Bank launched its wholly-owned Islamic banking subsidiary, OCBC Al-Amin Bank Berhad, on 1 December 2008. OCBC Al-Amin offers products and services which are developed based on the applicable Shariah contract and with the endorsement of the Shariah Advisory Committee to meet the requirements of both Muslims and non-Muslims alike.

What can I earn as a Sourcing Specialist