IT Procurement Specialist

Job Responsibilities

• Source and evaluate vendors, products, and services with the use of RFP/RFQ/ procurement strategies, to align with the bank's technology strategy and business needs
• Negotiate contracts T&Cs, pricing, and service level agreements with technology vendors to ensure optimal value
• Collaborate with internal teams, business units, and stakeholders to understand procurement needs, identify requirements/ specifications and ensure alignment with organizational goals
• Manage the complete procurement lifecycle from requisition to delivery, 3-way match payment, implementation and vendor service quality review
• Maintain accurate procurement documentation, tracker and records for audit purposes
• Conduct market research to identify emerging technologies and cost-saving opportunities
• Ensure compliance with banking regulations, internal procurement policies, and industry standards
• Develop and maintain relationships with key technology suppliers and partners
• Monitor and evaluate vendor performance against contractual obligations and SLAs, addressing any issues that may arise
• Work with legal to finalize contracts with selected vendors, ensuring compliance with organization policies and legal requirements.
• Coordinate with Risk, Outsourcing & various departments to ensure risk assessments, tracking of risks are captured on internal tools

Job Requirements

• Bachelor's degree in Business, Commerce, Information Technology, or related field
• 4-6 years of procurement experience
• Understanding of IT infrastructure, data centres, software licensing models, and technology services
• Strong analytical skills with ability to evaluate complex proposals and contracts

Only shortlisted candidate will be notified.

GMP Recruitment Services (S) Pte Ltd | EA Licence: 09C3051 | EA Personnel: Jaremy Ong | Registration No: R1876766

This is in partnership with the Employment and Employability Institute Pte Ltd (e2i).

e2i is the empowering network for workers and employers seeking employment and employability solutions. e2i serves as a bridge between workers and employers, connecting with workers to offer job security through job-matching, career guidance and skills upgrading services, and partnering employers to address their manpower needs through recruitment, training, and job redesign solutions. e2i is a tripartite initiative of the National Trades Union Congress set up to support nation-wide manpower and skills upgrading initiatives.

By applying for this role, you consent to GMP Recruitment Services (S) Pte Ltds PDPA and e2is PDPA.