Technology Contract and Outsourcing Risk Management Specialist (Permanent, FinTech)

GMP Technologies; Singapore; On-site; SGD 90,000 - 120,000; Full time

Job summary

A leading FinTech firm in Singapore is seeking a Technology Contract and Outsourcing Risk Management Specialist to enhance IT procurement and vendor management. The role involves aligning with IT strategies, maintaining compliance with regulatory requirements, and managing contracts for both local and offshore vendors. Ideal candidates will have a Master's or Bachelor's degree with a minimum of 8 years of relevant experience, including expertise in contract management and risk assessment. Competitive salary and benefits are offered.

Qualifications

• Minimum of 8 years of experience in technology functions, preferably in banking.
• Proven expertise in managing contract and outsourcing risk management.
• Strong understanding of PDPA and banking guidelines on outsourcing.

Responsibilities

• Align with IT management for planning and implementing initiatives.
• Manage vendor contracts and ensure alignment with regulatory requirements.
• Develop initiatives to optimize resources across Asia Pacific.

Skills

Contract management

Vendor management

Risk management

Procurement

Regulatory compliance

Education

Master/Bachelor's degree in a relevant field

Job description

Technology Contract and Outsourcing Risk Management Specialist (Permanent, FinTech)

About the Job

Focused on outsourcing risk and contract management, supporting the planning, development, and implementation of initiatives to improve IT procurement, outsourcing risk management, vendor and contract management, central contract register maintenance, and compliance with company rules and local regulatory requirements in the banking industry.

Responsibilities

• Align with IT Management's vision and strategies to plan and implement initiatives, while assisting Project Managers in conducting due diligence on third‑party service engagements based on the Third‑Party Risk Management Framework.
• Stay updated on local and Head Office rules, as well as regulatory requirements (e.g., PDPA, MAS Outsourcing Guidelines) for vendor engagement and outsourcing, while managing onshore and offshore vendor contracts and establishing rate cards for standard goods and services.
• Propose, develop, and operationalize new initiatives to enhance the IT organization, promote centralization across Asia Pacific to optimize resources and efficiency, and maintain the central contract register and repository for the IT department.
• Liaise with vendors, Project Managers, and Legal & Compliance to review contract clauses, ensuring both legal and commercial terms are acceptable, while supporting vendor onboarding, service classification, risk assessment, and materiality checks.
• Establish procurement processes and guidelines for the IT Department, including RFP and tendering procedures, and analyze procurement patterns to identify opportunities for vendor consolidation.

Qualifications

• Master/ Bachelors degree in a relevant field such as Information Technology.
• Minimum of 8 years of experience with a strong understanding of the technology function, preferably in a banking or financial institution.
• Proven experience in managing a centralized contract and outsourcing risk management function, with expertise in contract management, procurement, and vendor management.
• Extensive knowledge of contract management processes, contractual terms, and interpretations, with a proven track record in managing legal contracts and outsourcing, including handling offshore centre contracts.
• Strong understanding of PDPA requirements, as well as banking guidelines on outsourcing, technology risk management, third‑party risk management, and procurement management.