OCBC

Sourcing Specialist

OCBC  •  Malaysia (Onsite)  •  4 hours 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.

This is the broad job description of the job profile. Definitive job description should be reviewed and discussed between you and your manager.
Central Procurement - Sourcing Specialist

Why Join
As a Central Procurement Specialist at OCBC, you'll play a key role in driving the bank's procurement strategy, ensuring that we get the best value from our suppliers while maintaining the highest standards of quality and integrity. You'll work closely with stakeholders across the bank to identify opportunities for cost savings and process improvements.

How you succeed
To succeed in this role, you'll need to build strong relationships with stakeholders and suppliers and have a deep understanding of the bank's procurement needs. You'll need to be able to analyze complex data, identify trends and opportunities, and develop effective procurement strategies without compromising risk and meet the bank's objectives.

What you do

  • Develop and implement procurement strategies that meet the bank's objectives without compromising risk
  • Analyze data and market trends to identify opportunities for cost savings and process improvements
  • Analyse problem statement and initiate new way of doing things
  • Build and maintain relationships with stakeholders and suppliers
  • Negotiate contracts and agreements with suppliers, collaborate with Legal Department
  • Implement procurement policies and procedures
  • Driving Cross-border Collaboration with other teams to ensure that procurement activities are aligned with the bank's overall strategy inclusive of ESG



Who you are

  • A degree in a relevant field, such as business, finance or supply chain management
  • At least 8 years of experience in a sourcing or procurement or a related field
  • Strong analytical and problem-solving skills
  • Excellent communication and strong skills in complex negotiations, data-driven decision-making and cost optimization are essential.
  • Ability to work independently and as part of a team
  • Strong attention to detail and ability to manage multiple priorities
  • Highly values integrity and the ability to thrive in a fast-paced environment.

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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