AVP, Strategic Sourcing Manager – Non IT, Professional Services & Resource Augmentation

OCBC Bank; Singapore; On-site; SGD 80,000 - 130,000; Full time

Benefits offered by this job

Competitive base salary

Flexible benefits

Learning & development opportunities

Job summary

OCBC Bank’s Central Procurement Office (CPO) is seeking an experienced professional to lead end-to-end sourcing for Non‑IT categories, including professional services and manpower engagements. You will drive RFPs/RFQs, structure commercial models, and govern supplier engagements with cross‑functional teams across Finance, Legal, and Risk.

We value strong stakeholder management, proven negotiation skills, and the ability to deliver cost optimization in a regulated environment.

Qualifications

• 5–10 years of experience in strategic sourcing, procurement, or vendor management.
• Good understanding of service-based procurement models and contracts.
• Proven experience in managing sourcing processes and negotiations.
• Familiar with procurement governance, risk, and compliance.

Responsibilities

• Lead end-to-end sourcing across Non-IT categories, including RFPs, RFQs, and direct negotiations.
• Develop and execute category strategies for professional services and manpower engagements.
• Evaluate vendor proposals and drive transparent, defensible selection processes.
• Structure and negotiate commercial models to ensure cost effectiveness and clarity in deliverables.
• Work with Legal to ensure contracts include scope, deliverables, SLAs, and protections.
• Maintain audit-ready documentation and support governance and risk management.

Skills

Strategic sourcing

Vendor management

Stakeholder management

Contract negotiations

Governance & compliance

Education

Bachelor's degree in a relevant field

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.

Why Join

Joining OCBC’s Central Procurement Office (CPO) offers the opportunity to operate within a centralised, Group‑wide procurement function driving strategic sourcing and cost discipline across Non‑IT spend categories. You will work with senior stakeholders across business functions to influence sourcing decisions in consulting, manpower, and outsourced services, while contributing to improved governance, vendor management, and enterprise value creation.

How you succeed

• Develop a strong understanding of the Bank’s service‑based procurement landscape, including consulting engagements and resource augmentation models.
• Build effective relationships with stakeholders to facilitate structured and compliant sourcing processes.
• Apply analytical approaches to benchmarking, cost validation, and vendor evaluation.
• Balance commercial outcomes with governance, risk, and audit requirements.

What you do

This role sits within OCBC’s Central Procurement Office (CPO) under Group Corporate Services and is responsible for delivering end‑to‑end strategic sourcing across Non‑IT categories, including Professional Services, Consulting, and Resource Augmentation. Support the execution of sourcing strategies, manage supplier engagements, and lead commercial negotiations to deliver cost‑effective, compliant, and defensible procurement outcomes in line with Group Procurement Policy and TPRM requirements. Partner closely with Business Units, Finance, Legal, and Risk stakeholders to ensure sourcing activities are conducted in a structured, transparent, and audit‑ready manner.

Strategic Sourcing Execution

• Lead end‑to‑end sourcing initiatives across Non‑IT categories, including RFPs, RFQs, and direct negotiations.
• Support the development and execution of category strategies and sourcing plans for professional services and manpower engagements.
• Evaluate vendor proposals and drive structured, transparent, and defensible selection processes.

Commercial & Contract Negotiation

• Structure and negotiate commercial models (e.g. time‑and‑materials, fixed price, managed services) to ensure cost effectiveness and clarity in deliverables.
• Perform cost benchmarking and validation to ensure pricing competitiveness and value for money.
• Work with Legal to ensure contracts include appropriate scope definition, deliverables, SLAs, and commercial protections.

Governance, Risk & Compliance

• Ensure sourcing activities comply with Group Procurement Policy, TPRM (including KYV), and internal approval requirements.
• Maintain proper documentation and audit trail to support audit‑ready and defensible decisions.
• Support identification and mitigation of procurement risks, including vendor dependency, scope ambiguity, and contractual gaps.

Stakeholder & Vendor Management

• Partner Business Units to clarify requirements and guide them through sourcing processes.
• Provide procurement advisory to stakeholders on vendor engagement models and sourcing approach.
• Manage vendor interactions during sourcing and support issue resolution during commercial discussions.

Who you are

• 5–10 years of experience in strategic sourcing, procurement, or vendor management, preferably in Non‑IT, Professional Services, or manpower‑related categories.
• Good understanding of service‑based procurement models, including consulting contracts, outsourcing structures, and resource augmentation.
• Proven experience in managing sourcing processes and commercial negotiations, with a track record of delivering cost optimisation and value outcomes.
• Familiar with procurement governance, TPRM requirements, and contract management practices, with the ability to operate in a regulated environment.
• Effective stakeholder manager, able to work with Business Units, Finance, Legal, and Risk teams.

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.