Portfolio Head, Property and Procurement Ffg

Job ID: 32609

Location: Singapore, SG

Area of interest: Audit, Accounting & Finance

Job type: Regular Employee

Work style: Office Working

Opening date: 21 Jun 2025

**RESPONSIBILITIES**
- This role is responsible for the portfolio oversight and delivery including the review, design, build and implementation of spend governance for each supplier category. Governance will likely be different for each category, and will involve senior business leaders in clearing houses, category councils, for transversal categories (e.g. travel, management consulting, marketing), and business category owners for business aligned categories (e.g. recruitment, banking operations). Achieving the FFG Procurement and Property cost reduction targets will depend on a solid governance structure, ensuring a high level of adherence to the strategies and contracts put in place. This is essential to reduce overspend and savings leakage through use of non-preferred vendors, late engagement and procurement breaches.**Strategy**
- Portfolio governance and leadership of 24 initiatives driven through SCM and CRES resulting in SAGE attestation of sustainable saves
- Drive the periodic review, refinement and adherence of Category Strategy across the bank through establishment of governance structures with the ultimate objective of optimise value generation and extraction for each Procurement category portfolio.
- Instrument mechanisms and strong governance models to secure the execution and value generation / extraction of Category Strategies.
- Align with Global Category Leads when Category Strategies are updated to include reference to adherence and governance and understand all changes.
- Incorporation of the Bank’s vision and strategy into supplier strategies.

**Business**
- This role will need to influence Group MT members and Group MT-1.
- Along with the Global Category Leads, work with senior business and function leaders to establish best practice vendor spend oversight and compliance to strategy.
- Facilitate and influence cross business/function partnerships to meet common spend controls and goals.
- Awareness and understanding of the wider business and functional responsibilities and coordination challenges, economic and market environment in which the Group operates, bringing these into supplier spend governance.
- Strong appetite to get into detailed financial discussions with Global Category Leads, functions and businesses on their third-party spend to help address the challenges of interlock between the FFG transversal savings and the function/business budget savings.

**Processes**
- Establish processes for spend governance and drive implementation across the bank e.g. enhance MCCH processes and insight
- Set-up forums and processes across all third-party spend types used by the bank, covering the full third-party spend.
- Agree on forum/council/clearing house membership, terms of reference (if applicable), and ownership, before handing over to Global Category Leads owners.
- Create mechanisms to track effectiveness of these spend governance forums, including reductions in third-party spend attributable to them.
- Identify and deliver actions to improve the quality of deliverables based on monitoring and reporting activities and management information.
- Stakeholder Management - establish working relationships with key stakeholder across the portfolio.
- Implement compliance and controls set by the FFG Control Tower.
- Identify, lead and on time delivery of Initiatives to standardize and simplify processes.
- Production of accurate and quality materials to track and report establishment of governance.
- Ability to communicate effectively and comfortably with different levels of seniority across the organisation.

**People & Talent**
- Manage a high-performing team of PMO and Savings Leads, who provide portfolio coverage, analytics and support
- Influence outcomes with peers to drive results

**Risk Management**
- Monitor, maintain, manage and escalate the risks relating to delivery of the Procurement and Property FFG spend and saves governance initiatives.
- Take personal responsibility for understanding the risk and compliance requirements of the role. Understand and comply with applicable laws and regulations, the Groups policies, procedures and the Group Code of Conduct.
- Effectively identify, escalate, mitigate and resolve risk and compliance matters. Contribute to a culture in which all stakeholders feel safe to raise concerns and where risk and compliance matters are addressed and misconduct appropriately dealt with.

**Governance**
- Expert knowledge of the Change Delivery standards and an ability to navigate practically through the governance processes

**Regulatory & Business Conduct**
- Display exemplary conduct and live by the Group’s Values and Code of Conduct.
- Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank