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FVP, Corp Real Estate Svc (Procurement)

United Overseas Bank Limited (UOB)

Singapore

On-site

SGD 120,000 - 150,000

Full time

Today
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Job summary

A leading Asian bank is seeking a seasoned procurement leader for its Sourcing team. The ideal candidate will have over 15 years of experience in procurement, particularly within corporate real estate and vendor management. Responsibilities include strategic planning, operations management, and regulatory compliance. This position offers an opportunity to drive organizational improvement and innovation in procurement processes.

Qualifications

  • Minimum 15 years of professional work experience with 10 years in procurement.
  • Experience in corporate real estate, vendor management, and contract management.
  • Excellent communication skills required.

Responsibilities

  • Lead the Sourcing team to deliver procurement strategies.
  • Oversee day-to-day operations for effective resource management.
  • Enhance customer experience through proactive engagement.

Skills

Procurement strategies
Vendor negotiation
Leadership
Relationship management
Financial management
Strategic planning

Education

Bachelor's degree
Certified Institute of Procurement & Supply (CIPS)
PMP Certification
Job description
About UOB

United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices. Our history spans more than 80 years. Over this time, we have been guided by our values - Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.

Job Description

Candidate will be responsible for leading the Sourcing team under Corporate Real Estate Services to deliver business results by developing procurement strategies and negotiate with key vendors in order to acquire the most cost-effective deals. Candidate will provide long-term strategy for the management and execution of contracts by engaging with stakeholders. The role will include benchmark, identify, propose and implement new approaches and solutions to improve the management processes covering the areas of supplier performance, supplier relationship management and supplier risk management for contracts. Additionally, candidate will ensure compliance with regulatory requirements while promoting innovation within the organization.

Responsibilities
  • Leadership: Provide guidance and mentorship to team members, fostering a culture of collaboration and continuous improvement.
  • Strategic Planning: Develop long-term plans aligned with organizational objectives, ensuring alignment between different departments.
  • Operations Management: Oversee day-to-day operations, managing resources effectively and implementing efficient processes.
  • Financial Management: Ensure financial stability through budgeting, forecasting, and risk management.
  • Customer Engagement: Enhance customer experience through proactive engagement, feedback analysis, and personalized solutions.
  • Digital Transformation: Drive technological advancements within the organization, leveraging automation and data analytics for competitive advantage.
  • Regulatory Compliance: Maintain compliance with relevant regulations, ensuring adherence to industry standards and best practices.
Qualifications
  • Bachelor's degree from accredited instituition and/or Certified Institute of Procurement & Supply (CIPS); PMP will be an advantage.
  • Minimum 15 years professional work experience, of which 10 years in Procurement in business transformation, operational excellence, procurement operations and governance, vendor and/or contract management
  • Corporate Real Estate experience would be essential such as in facilities management, data centre, 'smart' building, office & branch security, fit-out and refurbishments, general services and sustainability procurement.
  • Excellent communication skills, both written and verbal.
  • Ability to build strong relationships with diverse stakeholders.
  • Strong strategic thinking and problem-solving abilities and experience in managing cross-functional teams.
  • Strategic thought leadership and proven ability to analyze cost and benchmark pricing
  • Knowledge of relevant regulations and industry standards.
Additional Requirements

Be a Part of the UOB Family

UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.

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