Head of Procurement

PayNet (Payments Network Malaysia)


Date: 2 hours ago
City: Remote
Contract type: Full time
Remote
Why PayNet / Why Now

  • PayNet operates critical national payment infrastructure where procurement decisions directly affect resilience, trust, and regulatory confidence.
  • As PayNet scales platform complexity and vendor criticality, procurement must move from transactional execution to enterprise‑level judgment.
  • This role exists to shape how PayNet selects, governs, and partners with vendors that underpin mission‑critical services.
  • The Head of Procurement sets the tone for integrity, commercial discipline, and long‑term value creation across the organization.

TL; DR

  • Own PayNet’s end‑to‑end procurement strategy, policies, processes and overall spend
  • Decide how vendor risk, cost, quality, and resilience are balanced at enterprise scale.
  • Lead a senior procurement team that influences outcomes, not just process.
  • Shape policies and have sound judgment when considering commercial outcomes that matter to PayNet and impact the ecosystem as a whole.

Why This Role Matters

  • Procurement decisions here directly affect operational continuity, regulatory standing, and financial efficiency.
  • Weak judgment increases concentration risk, vendor dependency, and compliance exposure.
  • Strong leadership enables PayNet to secure critical capabilities while maintaining integrity and value.
  • This role requires judgment over process, knowing when to standardize and when to intervene.

What You Will Actually Do

  • Represent PayNet externally with professionalism, fairness, and respect, ensuring procurement engagements strengthen confidence in PayNet as a trusted ecosystem partner.
  • Lead the team to treat procurement not merely as an activity, but as a reflection of PayNet’s values and commitment to building credible, long-term vendor partnerships.
  • Own and shape PayNet’s procurement strategy, operating model, and priorities across all categories.
  • Delivers commercial results in a way that influences the negotiation position of key players in the ecosystem
  • Decide how critical vendors are selected, negotiated with, governed, and exited.
  • Lead and develop senior procurement leaders across sourcing, vendor management, and procurement excellence.
  • Influence executives and divisional leaders on commercial trade‑offs, risk exposure, and sourcing options.
  • Set and evolve procurement policies, authority frameworks, and ethical standards.
  • Drive measurable improvements in cost efficiency, vendor resilience, and decision quality.

Examples of This Role in Practice

  • A business unit proposes a sole‑source vendor for a critical platform, you challenge assumptions, assess concentration risk, and reshape the sourcing approach.
  • A strategic vendor underperforms on delivery, you decide whether to remediate, renegotiate, or replace without disrupting operations.
  • Regulatory expectations tighten; you adapt procurement governance to meet compliance without slowing execution.
  • As the organisation scales with multiple business units and subsidiaries, you redesign procurement systems, processes and capability to withstand complexity and deliver results, not just volume.

What Will Help You Succeed

  • Comfortable making high‑stakes commercial decisions with incomplete information.
  • Ability to influence senior stakeholders without relying on hierarchy.
  • Strong commercial instinct across technology, services, and long‑term vendor partnerships.
  • Track record of building teams that exercise judgment, not just follow process.
  • Exposure to regulated or infrastructure‑critical environments is helpful, not required.

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