Regional IT Procurement Team Setup and Management
- Establish and lead the regional IT procurement team.
- Define team roles, responsibilities, and ways of working.
- Build procurement capabilities to support APAC IT transformation needs.
IT Procurement Process Setup
- Design and implement end-to-end IT procurement processes.
- Align procurement workflows with internal controls and governance needs.
- Continuously improve procedures to increase efficiency and compliance.
IT Transformation Project Sourcing
- Lead sourcing for major IT transformation and strategic initiatives.
- Engage early with stakeholders to shape sourcing strategies.
- Ensure timely and cost-effective vendor selection aligned with project goals.
Standard IT Product Selection
- Collaborate with IT teams and define standardised IT products and services catalogue.
- Streamline sourcing to preferred vendors for core IT solutions.
- Promote consistency and reduce total cost of ownership.
Lead Cost Saving Initiatives via Spend Analysis
- Lead analysis of spend data to identify savings and consolidation opportunities.
- Drive cost optimisation through vendor rationalisation and negotiations.
- Track and report realised savings across IT categories.
Oversee IT Sourcing Execution
- Oversee RFI, RFQ, RFP, and vendor evaluation processes.
- Lead sourcing of software, infrastructure, and IT services.
- Ensure vendor due diligence meets compliance and risk standards.
Contracts & Commercial Negotiation
- Lead negotiations on commercials, licensing, SLAs, and renewals.
- Coordinate with Legal and Risk teams for contract reviews.
- Manage contract lifecycle from drafting to termination.
Procurement Governance & Compliance
- Establish governance routines and internal approval protocols.
- Ensure alignment with audit, risk, and regulatory expectations.
- Maintain accurate documentation for review and reporting.
Vendor Performance Management
- Monitor vendor performance against KPIs and SLAs.
- Facilitate periodic reviews and manage performance issues.
- Support delivery teams in driving accountability and service improvement.
Requirements
- Minimum 12 years of experience in IT procurement, with a strong track record in the banking or financial services sector.
- Strong leadership experience in setting up and managing Asia Pacific IT procurement teams, with a focus on building capabilities and driving delivery.
- Deep understanding of the banking technology vendor ecosystem, including commercial structures, licensing models, renewal cycles, and key supplier capabilities.
- Extensive experience sourcing across multiple IT categories, including software (on-premise and SaaS), infrastructure (cloud and on-prem), and IT services.
- Familiar with Asia-Pacific procurement-related regulations and compliance considerations.
- Proven ability to design and implement procurement strategies, processes, and governance frameworks from the ground up.
- Demonstrated ability to lead cross-functional collaboration with stakeholders in IT, Legal, Risk, Finance, and regional/country offices.
- Experience leading large-scale sourcing initiatives for transformation programmes, product standardisation, and cost optimisation.
- Skilled in spend analysis, vendor negotiations, and implementing supplier performance and risk management frameworks.
