Contract Review Support (Purchasing, Bank) #ESY

Recruit Express Pte Ltd; Singapore; On-site; SGD 90,000 - 140,000; Full time

Job summary

Recruit Express Pte Ltd in Singapore seeks an experienced professional within Strategic Sourcing & Category Management to lead IT contract reviews, negotiate terms, and drive cost savings across IT initiatives. You will partner with Group Legal, IT stakeholders, and procurement colleagues to optimize value from the supplier base and ensure policy compliance.

The role emphasizes risk management, clear stakeholder communication, and a proactive approach to negotiating contracts, closing gaps, and

Responsibilities

• Review and negotiate IT contracts with suppliers on IT initiatives across the Bank.
• Collaborate with Strategic Sourcing & Procurement, Group Legal and IT stakeholders to optimize value from the supply market.
• Ensure compliance to policies, process standards and guidelines.
• Provide advice on contracts, explain impact of contract gaps and mitigate contract risks to the stakeholders effectively and collaboratively.
• Ensure the right risk culture through strong communication lines with stakeholders and colleagues.

Job description

Strategic Sourcing & Category Management is responsible for procurement (e.g., purchasing and supply chain activities) (e.g., negotiation, purchase, and relationships associated with outsourced services). Specializes in overseeing and managing strategies for procurement of information technology (IT) initiatives, formulating goals, objectives, and timelines. Collaborates with management to understand business requirements and develops plans to achieve objectives, such as cost savings, cost avoidance and concluding of contractual negotiations.

• Review and negotiate IT contracts with suppliers on IT initiatives across the Bank.
• Working in close collaboration with the Strategic Sourcing & Procurement colleagues, Group Legal and IT stakeholders to protect the Bank and to optimize the value from the supply market.
• Ensure compliance to policies, process standards and guidelines.
• Provide advice on contracts, explain impact of contract gaps and mitigate contract risks to the stakeholders effectively and collaboratively.
• Ensure the right risk culture through strong communication lines with stakeholders and colleagues.