VP, Strategic Sourcing

4 weeks ago

Singapur, Singapore United Overseas Bank Full time

VP, Strategic Sourcing

Posting Date: 13-May-2023 Location:

Singapore (City Area), Singapore, Singapore, 048624

Company: United Overseas Bank Ltd

About UOB

United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices. Our history spans more than 80 years. Over this time, we have been guided by our values – Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers.

About the Department

Group Technology and Operations (GTO) provides software and system development, information technology support services and banking operations.

We have centralized and standardized the technology components into Singapore, creating a global footprint which can be utilized for supporting our regional subsidiaries and the branches around the world. We operate and support 19 countries with this architecture to provide a secure and flexible banking infrastructure.

Our Operations divisions provide transactional customer services for our businesses while also focusing on cost efficiency through process improvements, automation and straight through processing.

Job Responsibilities

· Support, define and implement category IT strategies across the Bank, working in close collaboration with IT stakeholders and business functions to deliver a structured sourcing process to optimize the value from the supply market.

· At the outset, proactively engage and integrate input from respective stakeholders to drive and optimize value generation.

· Foster effective collaboration and ensure strong communication lines with key stakeholders and colleagues in and across the countries to work towards shared business goals.

· Develop and strengthen long-term partnerships with key stakeholders. Develop key stakeholder matrix in each category to maintain regular engagement.

· Track and report savings achievements for areas in scope. 

· Ensure compliance to UOB policies, standards/guidelines.

· Identify opportunities for improvement from an end-to-end perspective across Strategic Sourcing & Procurement function.

· Establish appropriate supplier relationship management for assigned suppliers.

Job Requirements

· Degree from any recognised University or recognised establishment (Business, Finance, Engineering or accounting will be beneficial)

· Professional certifications in the field of Sourcing/Procurement/Supply Chain (e.g. CIPS, CPPM, CPM) are advantageous

· Minimum 7 years of relevant working experience in driving IT sourcing engagements and negotiating supplier contracts. 

· Excellent communication (written, verbal) and interpersonal skills to positively influence people to make the appropriate decisions and resolve conflicts effectively.

· Performance-driven balanced with proven success of working effectively in a cross-functional team in an international environment.

· Process-oriented and possesses a strategic mindset with the ability to have a holistic view.

· Ability to deliver and articulate a presentation confidently and effectively to a wider project committee and management.

· Competent in formulating supplier negotiation strategies to address commercial and contractual (includes boilerplates and KPIs/SLAs) aspects.

· Relevant experience in the financial services industry is advantageous.

· Knowledge and familiarity of working with e-Sourcing tools and systems

· Strong project management experience

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