OCBC

Sourcing Executive

OCBC  •  Malaysia (Onsite)  •  6 days ago
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Job Description

WHO WE ARE:

As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.

Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future.

We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.

Your Opportunity Starts Here.

  • Adhere to OCBC Group Procurement Policy, Standards and Procedures, for governance and controls.
  • Demonstrate thought leadership, drive sourcing project and negotiation to deliver cost savings and other benefits to Group.
  • Manage and execute activities relating to the sourcing of products and services for Malaysia or Group. This includes conducting of Request for Proposal (RFP), Request for Quotation (RFQ), evaluation and selection of vendors, price negotiations, contract reviews, in collaboration with internal users and legal and or risk department.
  • Identify internal and external risk factors that could affect the long-term viability and sustainability of a vendor.
  • Review contract terms and work with Legal for execution.
  • Create rapport and maintain good relationships with internal stakeholders & external vendors.
  • Challenge status quo, initiate and drive process improvement to deliver operational efficiency.
  • Conduct root cause analysis on problem statement.
  • Conduct due diligent check on vendor e.g. Anti-Bribery assessment.
  • Collaborate with internal stakeholders and vendors in driving ESG initiatives.
  • High personal integrity.
  • Degree holder in Business or any related degree.
  • Experience in strategic sourcing.
  • Fluent in English & Mandarin.
  • Positive attitude, self-motivated and able to work with minimal supervision as well as the occasional long hours.
  • Strong written communication skills, including the ability to facilitate meetings and effectively lead discussions.
  • Team player, able to communicate effectively and good interpersonal skills.
  • Able to work under stress to meet deadlines and good in time management.

What we offer:


Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.

OCBC

About OCBC

OCBC is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.

OCBC and its subsidiaries offer a broad array of commercial banking, specialist financial and wealth management services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services.

OCBC’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has more than 570 branches and representative offices in 19 countries and regions. These include about 300 branches and offices in Indonesia under subsidiary Bank OCBC NISP, and over 90 branches and offices in Mainland China, Hong Kong SAR and Macau SAR under OCBC Wing Hang.

OCBC’s private banking services are provided by its wholly-owned subsidiary Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals.

OCBC's insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia. Its asset management subsidiary, Lion Global Investors, is one of the largest private sector asset management companies in Southeast Asia.

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Singapore, SG
Year Founded
1932
Website
ocbc.com
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