Head of Procurement
PayNet (Payments Network Malaysia)
Date: 2 weeks 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.
- 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.
- 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.
- 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.
- 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.
- 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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