AVP / VP - Tech Procurement Manager, Group Procurement Services, Group COO

DBS Bank Ltd; Singapore; On-site; SGD 90,000 - 150,000; Full time

Job summary

DBS Bank Ltd is seeking an experienced procurement professional to partner with the Tech COO and contract owners on technology sourcing and procurement. You will develop commercial strategies, manage supplier risk, and drive governance across the supply chain to achieve value and savings.

The role emphasizes collaboration with Legal and business stakeholders, adherence to risk frameworks, and ongoing process improvements across categories.

Qualifications

• Strong knowledge of strategic sourcing and procurement processes.
• Ability to advise and fulfill internal sourcing needs for decision makers.
• Experience delivering bottom-line savings and governance in a regulated environment.

Responsibilities

• Partner Tech COO and contract owners on technology sourcing and procurement requirements.
• Develop contract and commercial strategies with stakeholders and Legal.
• Ensure compliance with procurement processes and third-party risk management policies.
• Conduct supplier evaluations to safeguard supply chain integrity and optimize value.
• Build relationships with stakeholders and supplier executives to drive governance and value delivery.
• Support enterprise-wide efficiency initiatives including workflow optimization and category management.

Skills

Procurement strategy

Stakeholder management

Negotiation

Supplier risk management

Education

Bachelor’s degree

Job description

Responsibilities

Partner Tech COO, contract owners and cross-functional stakeholders on Technology sourcing and procurement requirements, providing procurement advisory, commercial challenge, negotiation support, supplier evaluation input and governance oversight to achieve favourable outcomes aligned with organisational objectives. Develop contract and commercial strategies in collaboration with Tech COO, contract owners, business stakeholders and Legal, ensuring commercial terms, risk considerations and governance requirements are appropriately addressed. Drive compliance with procurement processes, 3rd party risk management policies and internal risk governance frameworks through proactive stakeholder engagement, advisory support and SME guidance to the units. Conduct independent assessments of supplier engagements to safeguard supply chain integrity, mitigate concentration and 3rd party risks, comply with data privacy and security framework, and optimize overall supply chain value. Build and maintain robust relationships with contract owners, stakeholders, control functions and supplier executives to foster collaboration, governance and value delivery. Support the Team Head on enterprise-wide efficiency initiatives, including workflow optimisation, process improvement, supplier base consolidation, aggregate buys and the deployment of category management strategies within assigned categories, where applicable.

Requirements

Degree holder with at least 8 years of experience in procurement and proven track record in delivering strategies and bottom-line savings. Candidates with experience in indirect hardware and/or software technology procurement with team management experience will be preferred. Impeccable integrity coupled with strong ownership of goals and a will-to-win Strong understanding of strategic sourcing and procurement processes, with the ability to advise, sell and fulfil all sourcing needs of internal decision makers Strong risk awareness, with working knowledge of third-party risk management, outsourcing governance and related control requirements in a regulated environment.

Location & Employment

Location: DBS Asia Hub Job: Sourcing Schedule: Regular Employee Status: Full time

DBS is more than a bank - we're shaping the future of finance and communities. With innovation at our core and impact in our DNA, we go beyond banking to build careers, relationships, and a better world. DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world's “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 15 consecutive years from 2009 to 2023. DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets and is committed to building lasting relationships with customers. With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities.