Assistant Manager, Procurement
Hong Leong Bank Berhad
Date: 1 hour ago
City: Remote
Contract type: Full time
Remote
If you are looking to excel and make a difference, take a closer look at us…
The Procurement Assistant Manager is responsible for developing and executing a comprehensive procurement strategy for all sourcing, purchasing, contract management and tendering activities. The ideal candidate will have a strong understanding of procurement principles, contract negotiation skills, and a focus on cost reduction and efficiency.
The successful candidates will report to the Procurement Manager.
Key Responsibilities
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 Procurement Assistant Manager is responsible for developing and executing a comprehensive procurement strategy for all sourcing, purchasing, contract management and tendering activities. The ideal candidate will have a strong understanding of procurement principles, contract negotiation skills, and a focus on cost reduction and efficiency.
The successful candidates will report to the Procurement Manager.
Key Responsibilities
- Procurement Strategy: Develop and execute sourcing strategies aligned with bank objectives; identify and negotiate with high-quality vendors for favorable terms.
- Contract Management: Draft and negotiate complex corporate service contracts; ensure full compliance with legal/regulatory standards and manage performance monitoring.
- Cost Management: Analyze spending to identify cost-saving opportunities; track and report on procurement metrics and expense optimization.
- Supplier Relationship Management: Cultivate strong vendor partnerships to ensure service quality; support stakeholders in resolving performance issues and disputes.
- Project Management: Oversea end-to-end procurement projects—from vendor selection to implementation—while coordinating across internal departments.
- Risk Management: Proactively assess and mitigate supply chain risks; implement and update risk management plans to ensure business continuity.
- Malaysian citizen.
- Diploma or Bachelor’s Degree, Professional Degree, Master Degree in Financing/ Accounting/Banking, Economics, Business Studies/ Administration/ Management, or relevant equivalent supply-chain qualification.
- 5 years of experience in procurement or a similar role. Knowledge of sustainability, green procurement and E-procurement systems such as Oracle is highly preferred.
- Working proficiency in English and Malay (written/spoken) and competent in Microsoft Office applications (Word & Excel) as well as procurement software.
- Excellent negotiation and contract management skills, strong analytical with problem solving skills and ability to manage multiple projects simultaneously.
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.
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