Strategic Procurement Lead — Cost, Contracts & SRM

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

Job summary

Hong Leong Bank Berhad in Kuala Lumpur seeks a Procurement Assistant Manager to develop and execute a comprehensive procurement strategy covering sourcing, purchasing, contract management and tendering activities.

You will lead vendor negotiations, ensure regulatory compliance, monitor contract performance, drive cost optimization, and coordinate cross-functional teams to deliver end-to-end procurement projects.

Qualifications

• Bachelor's degree required in Finance, Accounting, Banking, Economics, Business Administration/Management or equivalent Supply Chain qualification.
• Minimum 5 years of experience in procurement, strategic sourcing, or similar role.
• Proficient in Microsoft Office (Word & Excel) and procurement software.
• Hands-on experience with E-procurement systems (e.g., Oracle).
• Professional working proficiency in English and Bahasa Malaysia (written and spoken).
• Strong negotiation and contract management abilities, analytical and problem-solving skills, and ability to manage multiple projects.

Responsibilities

• Procurement Strategy: assist in developing and executing sourcing strategies aligned with bank objectives; negotiate with vendors for favorable terms.
• Contract Management: draft and negotiate corporate service contracts; ensure compliance and monitor contract performance.
• Cost Optimization: analyze spending data to identify cost-saving opportunities and report on optimization initiatives.
• Supplier Relationship Management: cultivate vendor partnerships to ensure service quality and resolve performance issues promptly.
• Project Execution: oversee end-to-end procurement projects from vendor selection to contract implementation across cross-functional teams.
• Risk & Compliance Management: assess and mitigate supply chain risks and ensure business continuity across procurement channels.

Skills

Negotiation

Contract management

Analytical skills

Problem-solving

Project management

Education

Bachelor's degree in Finance/Accounting/Banking/Economics/Business Administration or Supply Chain

Tools

Microsoft Office

Oracle e-procurement

Job description

Hong Leong Bank Berhad in Kuala Lumpur seeks a Procurement Assistant Manager to develop and execute a comprehensive procurement strategy covering sourcing, purchasing, contract management and tendering activities.

You will lead vendor negotiations, ensure regulatory compliance, monitor contract performance, drive cost optimization, and coordinate cross-functional teams to deliver end-to-end procurement projects.