Vendor Management Lead — Contracts & Governance

PayNet (Payments Network Malaysia); Kuala Lumpur; On-site; MYR 70,000 - 110,000; Full time

Job summary

PayNet (Payments Network Malaysia) in Kuala Lumpur is seeking a skilled Vendor Manager to oversee the vendor and contract lifecycle, ensuring engagements support regulatory, commercial and governance requirements.

You will collaborate with Procurement, Legal, Risk, Compliance and Technology to onboard vendors, monitor performance against KPIs, renew contracts, and identify cost optimisation opportunities. You will consolidate dashboards and reports to drive informed sourcing decisions.

Qualifications

• Solid experience in vendor management and third‑party governance.
• Strong contract management and renewal tracking capabilities.
• Ability to coordinate onboarding, due diligence and risk assessments.
• Excellent stakeholder management and documentation discipline.

Responsibilities

• Manage vendor lifecycle activities including onboarding, due diligence, segmentation and risk classification.
• Monitor performance against KPIs, SLAs and contractual obligations with follow‑ups.
• Maintain vendor data, documentation, and audit trails.
• Review and support negotiation of procurement contracts with Legal and stakeholders.
• Prepare updates on performance, risk, renewal pipeline and cost opportunities.

Skills

Vendor management

Procurement

Contract management

Third‑party governance

Vendor lifecycle management

Stakeholder management

Tools

CLM systems

SharePoint

Excel

Power BI

Job description

PayNet (Payments Network Malaysia) in Kuala Lumpur is seeking a skilled Vendor Manager to oversee the vendor and contract lifecycle, ensuring engagements support regulatory, commercial and governance requirements.

You will collaborate with Procurement, Legal, Risk, Compliance and Technology to onboard vendors, monitor performance against KPIs, renew contracts, and identify cost optimisation opportunities. You will consolidate dashboards and reports to drive informed sourcing decisions.