Procurement Risk Manager (Singapore)

Lightspeed Studios; Singapore; On-site; SGD 80,000 - 100,000; Full time

Job summary

Tencent Finance is seeking a proactive Procurement Risk Manager based in Singapore. The role involves leading initiatives to strengthen procurement risk frameworks and ensuring supplier compliance across various business units.

Ideal candidates will have a minimum of 5 years' experience in procurement risk, compliance, or internal audit, along with relevant certifications. Strong analytical and project management skills, as well as fluency in English and Chinese Mandarin, are essential for engaging stakeholders effectively.

Qualifications

• Minimum 5 years of experience in procurement risk, compliance, or internal audit.
• Strong track record in managing indirect procurement categories.
• Excellent communication skills in English and Chinese Mandarin.

Responsibilities

• Assess procurement processes and identify risks.
• Conduct supplier compliance reviews and due diligence.
• Support and lead procurement-related audits.

Skills

Procurement risk management

Audit management

Stakeholder engagement

Analytical skills

Project management

Education

Bachelor’s degree in Accounting, Finance, or Business

Procurement or audit certifications (CPA, CIA, CERM)

Job description

Overview

Business Unit At Tencent Finance, we are deeply committed to fostering the professional growth of our staff through tailored finance training, mentorship programs, job rotation initiatives, and support for finance professional certifications. We provide resources and guidance to ensure our employees remain at the forefront of the rapidly evolving finance landscape. We seek to empower individuals to acquire and maintain professional qualifications, enhancing credibility and competence in the finance domain.

What the Role Entails

Tencent Finance is seeking a proactive and analytical Procurement Risk Manager to join our team in Singapore. You will lead and support risk control initiatives across indirect procurement categories such as marketing, HR, and professional services. Your mission is to strengthen our procurement risk framework, streamline internal controls, and ensure supplier compliance across business units. This role is suitable for candidates with a background in procurement audit or enterprise risk from Big 4 advisory or internal audit teams who want to move in-house and influence procurement operations and policy. You\u2019ll work with cross-functional stakeholders to review procurement processes, identify risk areas, and implement practical solutions aligned with compliance, cost control, and operational goals.

Responsibilities

• Assess procurement processes and vendor governance across key indirect spend categories; identify risks and propose targeted improvement plans.
• Conduct and deliver supplier compliance reviews, vendor due diligence, and onsite inspections as needed.
• Develop cost analysis models and evaluate price benchmarks to identify sourcing and savings opportunities.
• Draft, implement, and refine internal procurement policies, SOPs, and risk control standards.
• Act as an advisor to internal stakeholders on procurement risk, supplier management, and compliance issues.
• Support and lead procurement-related audits, collaborate with internal audit and legal teams on risk mitigation and improvement tracking.
• Drive procurement risk awareness and control education through internal training sessions and policy workshops.
• Monitor market and regulatory developments relevant to procurement compliance and incorporate findings into internal frameworks.

Qualifications

• Bachelor’s degree or above in Accounting, Finance, Business, or a related discipline.
• Procurement or audit certifications (e.g., CPA, CIA, CERM) are preferred.
• Minimum 5 years of relevant experience in procurement risk, compliance, internal control, or external audit, with a strong track record in managing indirect procurement categories (marketing, HR, services, etc.).
• Experience in procurement risk advisory or audit within a Big 4 or professional consulting firm is highly desirable.
• Strong understanding of procurement operations, cost control models, and risk assessment methodologies.
• Familiar with corporate risk management frameworks; COSO experience preferred.
• Strong project management and analytical skills, with the ability to independently manage multiple initiatives.
• Excellent verbal and written communication skills in English and Chinese Mandarin to engage with stakeholders and prepare bilingual reports.

Equal Employment Opportunity

As an equal opportunity employer, Tencent believes that diverse voices fuel innovation and allow us to better serve our users and the community. We foster an environment where every employee feels supported and inspired to achieve individual and common goals.