IT Procurement Specialist (Bank)

Contract | Bank

Responsibilities:

. Source and assess technology vendors, products, and services through structured procurement processes such as RFPs and RFQs, in line with the bank's technology strategy and business needs.

. Negotiate commercial terms, including pricing, contractual terms and conditions, and service level agreements with technology vendors.

. Partner with internal stakeholders and business units to understand procurement requirements and define specifications.

. Manage the full procurement lifecycle, including requisition, vendor selection, contract execution, delivery, invoice verification (3-way matching), and vendor performance review.

. Maintain accurate procurement documentation and trackers to support audit and compliance requirements.

. Conduct market research to identify new technology solutions and opportunities for cost optimisation.

. Ensure all procurement activities comply with internal policies, regulatory requirements, and industry standards.

. Build and maintain effective relationships with key technology suppliers and partners.

. Monitor vendor performance against contractual obligations and SLAs, addressing issues where necessary.

. Work closely with Legal to review and finalize vendor contracts in accordance with the bank's policies and regulatory framework.

. Coordinate with Risk, Outsourcing, and relevant internal teams to complete vendor risk assessments and ensure proper risk documentation in internal systems.

Requirements

. Bachelor's degree in Business, Commerce, Information Technology, or a related discipline.

. 4-6 years of relevant experience in procurement, preferably with exposure to technology sourcing.

. Understanding of IT infrastructure, data centres, software licensing models, and technology-related services.

. Strong analytical and evaluation skills, with the ability to review vendor proposals and contractual terms.

We regret that only shortlisted candidates will be notified.

GMP Technologies (S) Pte Ltd | EA Licence: 11C3793 | Nurul Amirah | Registration No: R22108940