Supports the Sourcing Manager to execute end-to-end sourcing and contract management activities to achieve the Bank’s procurement objectives, including cost savings/cost avoidance, timely contract renewals and compliance with pre-defined sourcing SLAs.
Responsibilities- Execute end-to-end sourcing activities (RFx development, supplier identification, bid evaluation and award recommendation) in line with pre-defined sourcing Service Level Agreement (SLAs), and in compliance with procurement policies and operational requirements.
- Conduct price negotiation with suppliers to achieve the optimum cost savings/cost avoidance whilst delivering the best value for money.
- Manage contract management activities (variations, renewals, termination, and contract write-up) to ensure timely contract renewals and mitigate contractual risk.
- Support the establishment of long-term agreements, empanelment agreements, strategic procurement contracts, product and services catalogues, and schedule of rates to enable strategic sourcing.
- Maintain a complete and organised repository of procurement documentation to ensure audit and compliance readiness.
- Conduct knowledge sharing on best sourcing and procurement practices to strengthen procurement awareness and capability across the department.
Academic Qualifications:
Bachelor’s degree in Supply Chain Management, Business Management, Economics, Accounting & Finance, IT/Computer Science, Operations Management or equivalent.
Experience:
- At least 3 years’ working experience in related category management, strategic sourcing, or related area, e.g. Information Technology, Facility Management, Hospitality, Corporate Services, Banking Industry, Consultancy (where applicable).
- Familiarity with ERP or e-procurement systems (e.g. SAP Ariba, Oracle).
- Good analytical, interpersonal, and communication skills.
- Good negotiation, contract management and supplier relationship skills.
Skills Required
- Bachelor's degree in Supply Chain Management, Business Management, Economics, Accounting and Finance, IT or Computer Science, Operations Management, or equivalent
- At least 3 years of experience in category management, strategic sourcing, or a related area
- Familiarity with ERP or e-procurement systems such as SAP Ariba or Oracle
- Analytical, interpersonal, and communication skills
- Negotiation, contract management, and supplier relationship skills
What We Do
Bank Negara Malaysia is Malaysia’s central bank, mandated to promote monetary and financial stability conducive to sustainable economic growth. It maintains price stability, supports financial-system resilience, develops financial infrastructure and inclusion, oversees efficient and secure payment systems, advises the government on macroeconomic policy and public debt, issues the national currency, and manages Malaysia’s international reserves through its national central-banking responsibilities.
