Assistant Vice President, IT Procurement Specialist, APAC

Reposted 6 Days Ago
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Singapore, SGP
In-Office
Senior level
Fintech
The Role
The AVP IT Procurement Specialist will lead procurement strategies, optimize supplier relationships, and ensure cost-effective purchasing within the organization.
Summary Generated by Built In

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 150,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.

Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.

We are seeking a dynamic and experienced Assistant Vice President (AVP) in Procurement to join our team in Singapore. The successful candidate will play a pivotal role in driving procurement strategies, optimizing supplier relationships, and ensuring cost-effective purchasing across the organization. This is an exciting opportunity for a procurement professional to contribute to our continued growth and operational excellence.

Key Responsibilities:

  • Lead and manage the procurement team to deliver best-in-class sourcing and procurement solutions.
  • Develop, implement, and monitor procurement strategies, policies, and procedures to ensure alignment with organizational goals.
  • Drive cost savings initiatives and value creation through effective negotiation and supplier management.
  • Oversee end-to-end procurement processes, including tendering, contract management, and supplier performance evaluation.
  • Build and maintain strong relationships with internal stakeholders and external suppliers.
  • Ensure compliance with company policies, legal requirements, and industry standards.
  • Analyze market trends and identify opportunities for continuous improvement and innovation in procurement practices.
  • Prepare and present procurement reports, analysis, and recommendations to senior management.
  • Mentor and develop procurement staff, fostering a culture of high performance and professional growth.

Requirements:

  • Minimum of five years' experience in procurement, contract management, or vendor management roles in the IT area.
  • Experience in business management and strategic sourcing.
  • Experience in formulating supplier negotiation strategies to address commercial and contractual aspects, including boilerplates and KPIs/SLAs.
  • Bachelor’s degree in Supply Chain Management, Business Administration, or related field. Master’s degree or professional certification (e.g., CIPS, CPM) is an advantage.
  • Proven track record in strategic sourcing, contract negotiation, and supplier management.
  • Strong analytical, problem-solving, and decision-making skills.
  • Excellent communication, interpersonal, and stakeholder management abilities.
  • High level of integrity, professionalism, and attention to detail.
  • Experience in the Singapore market and knowledge of regional procurement regulations is preferred.

Mitsubishi UFJ Financial Group (MUFG) is an equal opportunity employer. We view our employees as our key assets as they are fundamental to our long-term growth and success. MUFG is committed to hiring based on merit and organsational fit, regardless of race, religion or gender.

Skills Required

  • Minimum of five years' experience in procurement, contract management, or vendor management roles in the IT area.
  • Bachelor's degree in Supply Chain Management, Business Administration, or related field.
  • Experience in strategic sourcing and contract negotiation.
  • Master's degree or professional certification (e.g., CIPS, CPM) is preferred.
  • Experience in the Singapore market and knowledge of regional procurement regulations is preferred.
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The Company
HQ: Chiyoda-ku, Tokyo
30,196 Employees

What We Do

MUFG (Mitsubishi UFJ Financial Group) is one of the world's leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with over 2,500 locations in more than 50 markets including the Americas, Europe, the Middle East and Africa, Asia and Oceania. The Group has over 170,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. Through close partnerships among our group companies, the Group aims to be the world's most trusted financial group, flexibly responding to all of the financial needs of its customers, serving society, and fostering shared and sustainable growth for a better world. MUFG's shares trade on the Tokyo, Nagoya, and New York stock exchanges.

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