Assistant Manager, Group Procurement & Administration

Posted 4 Days Ago
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Tower, MI
Mid level
Fintech • Payments • Financial Services
The Role
The Assistant Manager, Group Procurement & Administration supports the Manager in strategic sourcing, procurement, and vendor management to optimize spending. Key responsibilities include conducting market research, developing procurement strategies, managing vendor relationships, and providing analysis on procurement activities to support banking objectives.
Summary Generated by Built In

If you are looking to excel and make a difference, take a closer look at us…

This role will report to the Manager Group Procurement & Administration and mainly to support in end-to-end strategic sourcing, procurement and vendor management to maximize for money bank-wide spending by way of:

Product and Market Research:

  • Analyze industry and emerging market trends supply base issues to minimize procurement risk, protect continuity of supply, and optimize emerging opportunities.
  • Conduct product and market research to ascertain better quality, price, value, fulfillment etc & evaluate vendors’ core competencies and competitive market positioning.

Strategic Sourcing and Procurement:

  • Implement and conduct effective sourcing and procurement strategies including competitive bids, RFPs, tenders, request for quotation/proposals and creative negotiations.
  • Check and approve Purchase Order on daily basis & ensure seamless availability of products and services to support internal stakeholders’ requests and the Bank’s strategic objectives.
  • Carry out forward planning of procurement activity including reviewing tender event schedules, empaneling vendors, reference checking etc.

Vendor and Stakeholder Management:

  • Develop effective long-term relationships with key stakeholders and external vendors to ensure the strategic and operational needs of the Bank are supported.
  • Facilitate vendor evaluations and assessments to minimize procurement risk
  • Leveraging on supplier relationships to ensure the negotiation obtaining an optimal acquisition based on quality, price and fulfillment turnaround.

Analysis and Business Initiatives:

  • Provide support in implementing strategic initiatives such as business transformation, environmental / social / governance sustainability and cost management initiatives related to of sourcing & procurement
  • Produce regular ad-hoc in-depth analysis and review reports on vendor performance, total spend and potential savings to identify improvement initiatives.
     

Organizational:

  •  Responsible for the bank's procurement of CAPEX, OPEX, projects and contracts.
  • Deliver and monitor analysis and insights that inform management of the result of the bank's procurement activities.

Job Requirements:

  • Malaysian Citizen.

  • Bachelor’s Degree / Professional Degree / Master Degree in Financing /Accounting/Banking/ Economics / Business Studies/Administration/Management, or relevant equivalent supply-chain qualification.

  • At least 3 to 5 years of working experience in the related field, preferably in the banking industry.

  • Strong communication (both verbal and written) and stakeholders management capabilities

  • Advanced in MS Excel, Ms Words, PowerPoint. Familiar using e-procurement systems and spend analytics tool as part of duties deliverance.

  • Detailed-oriented, proactive, decisive and independent with ability to multi-task while delivering results.

About Hong Leong Bank

We are a leading financial institution in Malaysia backed by a century of entrepreneurial heritage. Providing comprehensive financial services guided by a Digital-at-the-Core ethos has earned us industry recognition and accolades for our innovative approach in making banking simpler and more effortless for our customers. Our digital and physical offerings span across a vast nationwide network in Malaysia, strengthened with an expanding regional presence in Singapore, Hong Kong, Vietnam, Cambodia, and China.

We seek to strike a balance between diversity, inclusion and merit to achieve our mission of infusing diversity in thinking and skillsets into our organisation. Candidates are assessed based on merit and potential, in line with our mission to attract and recruit the best talent available. Expanding on our “Digital at the Core” ethos, we are progressively digitising the employee journey and experience to provide a strong foundation for our people to drive life-long learning, achieve their career aspirations and grow talent from within our organisation.

Realise your full potential at Hong Leong Bank by applying now.

The Company
Kuala Lumpur, Wilayah Persekutuan
6,612 Employees
On-site Workplace
Year Founded: 1905

What We Do

Hong Leong Bank Berhad is one of the leading financial services organisations in Malaysia. With a heritage of more than 100 years, it provides comprehensive financial services covering consumer banking, business banking and trade finance, treasury, branch and transaction banking, wealth management, private banking and Islamic financial services. Its merger with EON Bank Group in 2011 has further embedded its position as a core banking franchise with an expanded distribution network of more than 300 branches across the country.

With a proven track record in value creation and a highly recognised brand, Hong Leong Bank has also been extending its footprint in the region, with branches in Singapore and Hong Kong and wholly owned subsidiaries in Vietnam and Cambodia. In China, the Bank has a 20% shareholding in Bank of Chengdu Co., Ltd., Sichuan and a consumer finance joint venture.

Hong Leong Bank is a subsidiary of Hong Leong Financial Group Berhad, the financial services arm of the Hong Leong Group. Apart from banking, Hong Leong Financial Group is involved in the provision of insurance and takaful, as well as investment banking, unit trust, fund management and stock broking services

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