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Jobs in Singapore   »   Jobs in Singapore   »   Purchasing / Procurement / Inventory Job   »   Assistant Vice President, Procurement Specialist (Job ID: 10067143)
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Assistant Vice President, Procurement Specialist (Job ID: 10067143)

Mufg Bank, Ltd. Singapore Branch

Mufg Bank, Ltd. Singapore Branch company logo

Purpose of the role:

Reporting directly to the Head of Procurement Team APAC, As Procurement Specialist, you will be working closely with Head of Procurement Team by contributing to the end of end Category management and strategy development, including sourcing execution, contract negotiation, as well as supplier management processes. Your role is pivotal in identifying and realizing cost saving initiatives that deliver real business value in the category across all MUFG’s business units.


Job Responsibilities:

  • Lead to sourcing activities through the utilization of applicable corporate policies.
  • Identify, lead, and execute cost saving initiatives that deliver value in the indirect Procurement of goods and services.
  • Responsible for setting and achieving performance goals / metrics to improve total delivered / lifecycle commodity cost, quality, and services.
  • Develops new supply sources where vendors and suppliers are inadequate.
  • Ensure deep understanding of business needs to support market analysis, and cost benchmarking by spend category.
  • Stay abreast of commodity prices that are significant drivers in the cost of products and the impact that commodity cost changes have on unit cost.
  • Monitors the cost, schedule, and scope of assigned subcontracts to assure best quality at best.
  • Checks requisitions, obtains quotations, issuing of RFP/RFQ, conducting bid analysis and see through contracting and tender award process.
  • Develop and prepare periodic reports on indirect Procurement activities.

Job Requirements:

  • Bachelor's degree in Supply Chain, business administration, or accounting
  • Professional certifications in the field of Sourcing/Procurement/Supply Chain (e.g., CIPS, CPPM, CPM) are advantages.
  • Minimum five years' procurement /contract management/ category management.
  • Proficiency in procurement tool like Zycus/Ariba/Coupa/SAP and analytical software.
  • Experience in leading a team would be preferred.
  • In-depth business management and strategic sourcing knowledge.
  • Excellent interpersonal and communication (written, verbal) skills.
  • Excellent problem solving and project management skills.
  • Performance-driven balanced with proven success of working effectively in a cross-functional team in an international environment.
  • Competent in formulating supplier negotiation strategies to address commercial and contractual (includes boilerplates and KPIs/SLAs) aspects.

We regret to inform that only shortlisted applicants will be notified.


Job ID: 10067143

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