Associate/avp, Enterprise Sourcing and Procurement

Location: Singapore, SG- Job Function: Corporate Administration and Infrastructure Depart- Job Type: Permanent- Req ID: 15051GIC is one of the world’s largest sovereign wealth funds. With over 2,000 employees across 11 locations around the world, we invest in more than 40 countries globally across asset classes and businesses. Working at GIC gives you exposure to an extraordinary network of the world’s industry leaders. As a leading global long-term investor, we Work at the Point of Impact for Singapore’s financial future, and the communities we invest in worldwide.

**Corporate Administration & Infrastructure Department**

We strive to provide the best work environment for our employees to enable them to deliver their best performance.

**Corporate Procurement**

You will be empowered to deliver real tangible value and savings through strategic sourcing, so GIC can use its joint purchasing power to extract the best possible value from the marketplace. You will also help to ensure that GIC sources its goods and services from vendors and service providers with responsible and sustainable business practices to safeguard GIC’s reputation.

**What impact can you make in this role?**

You will help handle GIC's global workplace management with centre of excellence skills.

**What will you do as an Associate/AVP, Enterprise Sourcing and Procurement?**

Liaise closely with internal stakeholders on their procurement needs and budget
- Provide support on the preparation of category specifications, analysis of tenders, proposals and quotations, to the submission of approval papers and letter of award/contracts
- Manage the e-Procurement system (or equivalent) and procurement operations e.g. procure to pay process
- Maintain good records of all elements of the Market Data Inventory System including contracts, pricing, user profiles, vendor uploads and tracking spare licenses for reallocation or cancellation
- Monitor and enforce compliance with terms and conditions of market data vendors / exchanges agreements
- Manage vendors’ and suppliers’ contracts to ensure due performance and continuity of essential services
- Influence and partner stakeholders to ensure governance and control requirements, and adherence practices and frameworks to the corporate policies
- Develop and sustain collaborative relationships with suppliers and responsible for communicating and resolving procurement related issues
- Contribute to design, preparation, and analysis of reports and findings in a clear, logical, and concise manner
- Participate in work process improvement initiatives and projects
- Assist management in identifying cost saving and optimization opportunities
- Support the development, implementation and execution of sourcing and negotiation strategies for key areas to achieve short and long term saving targets

**What qualifications or skills should you possess in this role?**
- Good degree with 3-6 years of relevant work experience relating to the job description
- Resourceful and has broad knowledge of procurement practices, market data services and vendors management
- Possesses strong interpersonal skills and be able to interact with internal stakeholders at varying levels in the organization
- Strong team-player and yet exhibit independence in driving and delivering business outcomes
- Demonstrated ability to establish priorities, manage multiple tasks with poise and discretion in a fast paced environment
- Excellent written and communication, and negotiation skills
- Structured in thought process, with excellent planning and organizational ability

**Work at the Point of Impact**

We need to be forward-looking to attract the right people to help us become the Leading Global Long-term Investor. Join our ambitious, agile, and diverse teams - be empowered to push boundaries and pursue innovative ideas, share your views, and be heard. Be anchored on our PRIME Values: Prudence, Respect, Integrity, Merit and Excellence, which guides us in how we make our day-to-day decisions. We strive to inspire. To make an impact.

**GIC is a Great Place to Work**

At GIC, we believe sustainable high performance is driven by high expectations and a commitment to excellence, as well as empowerment and flexibility. As such, we currently operate under a hybrid model in which most employees spend 3-4 days in office and 1-2 days working from home each week. This balance allows us to preserve the ‘office as a hub’ for ideation, professional growth, and interpersonal connection, while giving our employees the flexibility to do their best work and be their best selves.

**GIC is an equal opportunity employer**

**Learn more about our Corporate Administration & Infrastructure Department here**:
**Our PRIME Values**:
**Our PRIME Values**:
GIC is a values driven organization. GIC’s PRIME Values act as our compass, enabling us to fulfil our fundamental purpose and objectives. It is the foundational bedrock which governs our behaviors