IT Procurement Specialist - APAC

This is an IT support group; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

An established industry player is seeking an IT Category Procurement lead to drive strategic sourcing and supplier management. In this pivotal role, you will collaborate with global teams to develop sourcing strategies, negotiate contracts, and manage supplier relationships, ensuring cost-saving initiatives that enhance business value. This is an exciting opportunity to contribute to a forward-thinking organization that values innovation and efficiency, while fostering a collaborative work environment. If you have a passion for procurement and a drive to make a meaningful impact, this role could be the perfect fit for you.

Qualifications

• 5+ years in procurement, contract management, or vendor management in IT.
• Experience in strategic sourcing and supplier negotiation strategies.

Responsibilities

• Develop sourcing strategy documents for key spend areas.
• Identify and execute cost-saving initiatives in IT Procurement.
• Conduct supplier financial reviews and maintain Purchase Agreements.

Skills

Procurement

Contract Management

Vendor Management

Negotiation Strategies

Communication Skills

Education

Bachelor's degree in Supply Chain

MBA in Supply Chain Management

Professional certifications in Sourcing/Procurement

Tools

Analytical Software

Job description

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 120,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.

Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.

Reporting directly to the Head of Enterprise Technology Procurement, as IT Category Procurement lead, you will be working closely with the Global category head and Head of Enterprise Technology Procurement by contributing to the end-to-end Category management and strategy development, including sourcing execution, contract negotiation, as well as supplier management processes. Your role is pivotal in identifying and realizing cost saving initiatives that deliver real business value in the category across all MUFG’s business units.

Job Responsibilities:

• Shape and ensure all Sourcing Strategy documents are developed for key spend areas to provide a planned, market-driven approach to sourcing.
• Provide guidance to sourcing activities through the utilization of applicable corporate policies.
• Conduct supplier financial reviews. Initiate and maintain Purchase Agreements and supplier business reviews.
• Identify, lead, and execute cost-saving initiatives that deliver value in the IT Procurement of goods and services.
• Ensure deep understanding of business needs to support market analysis and cost benchmarking by spend category.
• Stay abreast of commodity prices that are significant drivers in the cost of products and the impact that commodity cost changes have on unit cost.
• Work with Global & Regional Category leads to formulate negotiation plans.
• Establish a long-term category plan to drive value across the enterprise for the assigned spend area.
• Develop and prepare periodic reports on all IT Procurement activities.

This role is essential to the efficiency and success of our organization.

Job Requirements:

• Minimum of five years' experience in procurement, contract management, or vendor management roles in the IT area.
• Experience in business management and strategic sourcing.
• Experience in formulating supplier negotiation strategies to address commercial and contractual aspects, including boilerplates and KPIs/SLAs.
• Bachelor's degree in Supply Chain, business administration, or accounting.
• Professional certifications in the field of Sourcing/Procurement/Supply Chain (e.g., CIPS, CPPM, CPM) are advantages.
• An MBA degree in supply chain management will be advantageous.
• Proficiency in technology procurement and analytical software.
• Excellent interpersonal and communication (written, verbal) skills.
• Performance-driven with proven success of working effectively in a cross-functional team in an international environment.

We regret to inform that only shortlisted applicants will be notified.

Mitsubishi UFJ Financial Group (MUFG) is an equal opportunity employer. We view our employees as our key assets as they are fundamental to our long-term growth and success. MUFG is committed to hiring based on merit and organizational fit, regardless of race, religion, or gender.