Vice President, Procurement - HSBC Life
Singapore, 01, SG, 117439
Job description
We are currently seeking a high calibre professional to join our team as a Vice President, Procurement.
In this role you will:
- Establish clear objectives, performance measures and governance for the procurement team.
- Promote consistent procurement standards, processes and controls across the organisation.
- Lead strategic sourcing, tendering, negotiation and contract award activity for significant and complex categories.
- Identify opportunities to reduce total cost of ownership while protecting service quality, resilience and control effectiveness.
- Monitor procurement performance through measurable savings, cost avoidance, service improvements and risk reduction.
- Maintain a robust procurement control framework, including delegated authorities, segregation of duties and approval standards.
- Ensure appropriate due diligence, approvals, contract controls, performance reviews and exit plans are in place.
- Escalate material supplier issues promptly and lead remediation where required.
To be successful you will need:
- Strong experience in procurement, strategic sourcing, category management, commercial negotiations and supplier relationship management in a mid-to-large organization.
- Experience working with source-to-contract and procure-to-pay platforms and setting up of procurement function, including policy, process, and implementing procurement tooling (e.g. Coupa, SAP Ariba).
- Strong understanding of procurement governance, control frameworks, contract management and operational resilience.
- Experience influencing senior executives and working effectively with Risk, Compliance, Legal, Finance, Technology and Operations.
- Demonstrable experience delivering sustainable commercial value without compromising control, service or resilience.
- People leadership experience.
You’ll achieve more when you join HSBC.
HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.
Issued by HSBC Life (Singapore) Pte. Ltd.