CRES Procurement Lead
5 days ago
About UOB
United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices. Our history spans more than 80 years. Over this time, we have been guided by our values – Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.
Job Description
We are looking an experienced and strategic CRES Procurement Team Lead to join our dynamic team at UOBVN. As the CRES Procurement Team Lead, you will play a pivotal role in overseeing and optimizing our procurement processes to ensure efficiency, cost-effectiveness and compliance with regulatory standards.
The incumbent position will be reporting to the Head of CRES to ensure the co-ordination and management of CRES Procurement deliverables.
Responsibilities
- Develop and implement procurement strategies aligned with the Bank's objectives, focusing on cost savings, quality and vendor relationships.
- Lead, mentor and manage a high-performing procurement team, fostering a collaborative and results-driven work environment.
- Collaborate with internal stakeholders to understand business needs, forecast demand and develop procurement plans to meet organizational requirements.
- Establish and maintain strong relationships with key suppliers, negotiating favourable terms and managing contracts to ensure optimal performance.
- Evaluate and mitigate risks associated with procurement activities, ensuring compliance with relevant policies, regulations and ethical standards.
- Implement and leverage technology solutions to enhance procurement efficiency and transparency.
- Conduct regular market analysis to identify emerging trends, cost drivers and opportunities for process improvement.
- Prepare and present periodic reports to senior management, detailing procurement performance metrics, cost savings and key strategic initiatives.
- Be of assistance to oversee General Admin Services when required.
Job Requirements
- Bachelor's Degree in Business, Supply Chain Management, or a related field. Relevant professional certification is a bonus.
- Proven experience of 7 years in a leadership role, preferably in the banking, financial services or construction industry.
- Strong negotiation skills with a track record of successful contract management and cost savings.
- Excellent leadership and team management abilities, with the capacity to inspire and guide a diverse team.
- In-depth knowledge of procurement best practices, regulations and emerging trends.
- Exceptional communication and interpersonal skills for effective collaboration with internal stakeholders and external vendors.
- Analytical mindset with proficiency in utilizing data to drive strategic procurement decisions.
Additional Requirements
Be a Part of the UOB Family
UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application.
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