Senior Associate, Group Procurement & Services, Technology & Operations
DBS Bank (Hong Kong) Limited Hong KongSenior Associate, Group Procurement & Services, Technology & Operations
DBS Bank (Hong Kong) Limited Hong Kong
Job Objective
The role is responsible for managing end-to-end procurement activities across multi-disciplinary categories, encompassing corporate operations or business projects and/or IT technology infrastructure and hardware sourcing. With a strong focus on cost optimization, vendor management, and rigorous contract negotiation, this role leverages commercial expertise and cost management principles to ensure timely, cost-effective, and high-quality project and category delivery. The role plays a critical role in managing supplier and contractor relationships, mitigating legal and financial risks, and ensuring strict adherence to internal procurement standards and regulatory requirements.
Job Responsibilities
Cost Management and Financial Control
Education and Certifications:
We regret only shortlisted candidates will be notified.
Location:
Two Harbour Square
Job:
Procurement
Schedule:
Regular
Employee Status:
Full time
The role is responsible for managing end-to-end procurement activities across multi-disciplinary categories, encompassing corporate operations or business projects and/or IT technology infrastructure and hardware sourcing. With a strong focus on cost optimization, vendor management, and rigorous contract negotiation, this role leverages commercial expertise and cost management principles to ensure timely, cost-effective, and high-quality project and category delivery. The role plays a critical role in managing supplier and contractor relationships, mitigating legal and financial risks, and ensuring strict adherence to internal procurement standards and regulatory requirements.
Job Responsibilities
Cost Management and Financial Control
- Prepare, issue, and analyze tender documents, requests for quotation (RFQ), requests for proposal (RFP), bid proposals, and contractor/vendor quotations to ensure competitive pricing and maximum value for money.
- Perform detailed cost analysis, total cost of ownership (TCO) modeling, and value engineering to identify potential cost savings without compromising quality, security standards, or project scope.
- Monitor project or category budgets throughout their lifecycle, identify cost variances, track spend performance, and implement timely corrective actions.
- Develop and execute robust procurement strategies for goods, services, hardware, materials, and equipment required for corporate projects or technology initiatives, collaborating closely with internal stakeholders and sourcing teams.
- Compare and analyze vendor and contractor proposals, conducting strong commercial negotiations to secure favorable contractual terms, service level agreements (SLAs), and pricing.
- Communicate effectively with main contractors, technology vendors, subcontractors, and internal tech/facilities teams regarding project requirements, technical specifications, and delivery timelines.
- Evaluate vendor performance through periodic reviews and manage supplier relationships to ensure high service standards, risk mitigation, and timely delivery.
- Assist in drafting, reviewing, and administering contracts, statements of work (SOW), and master service agreements (MSAs) with suppliers and contractors.
- Ensure full compliance with internal policies, delegation of authority (DOA), third-party risk management (TPRM), information security standards, and contractual terms.
- Manage and resolve contractual issues, disputes, or vendor performance bottlenecks in coordination with Legal, Compliance, and Risk teams.
- Participate in regular project and category review meetings to provide procurement, commercial, and cost-related insights.
- Review and coordinate technical and operational requirements with end-users to ensure procurement strategies align with business needs, operational readiness, and Group Procurement standards.
Education and Certifications:
- Degree in Supply Chain Management, Information Technology, Business Administration, Finance, or a related discipline.
- Professional certifications in procurement, supply chain (e.g., CIPS) are advantageous.
- Minimum 5 years of relevant professional experience in strategic sourcing, procurement, contract management, or cost management within corporate environments, financial services, or construction/technology sectors.
- Exceptional commercial negotiation skills, and communication skills (both written and verbal).
- Strong analytical and problem-solving abilities with a keen eye for detail and risk assessment.
- Proven ability to build and maintain effective relationships with internal stakeholders across technology and business units, as well as external vendors and contractors.
- Proactive, highly organized, and capable of managing multiple priorities concurrently in a fast-paced corporate environment.
We regret only shortlisted candidates will be notified.
Location:
Two Harbour Square
Job:
Procurement
Schedule:
Regular
Employee Status:
Full time
Job ID WD90078
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