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The Role
Manage technology sourcing and procurement by advising stakeholders, developing commercial and contract strategies, negotiating with suppliers, evaluating third-party risks, ensuring governance and compliance, and optimizing supply chain value. The role also supports efficiency initiatives, process improvements, supplier consolidation, aggregate purchasing, and category management. Strong strategic sourcing expertise, technology procurement experience, risk awareness, and stakeholder and supplier relationship management are required.
Summary Generated by Built In
Responsibilities
Requirements
- Partner Tech COO, contract owners and cross-functional stakeholders on Technology sourcing and procurement requirements, providing procurement advisory, commercial challenge, negotiation support, supplier evaluation input and governance oversight to achieve favourable outcomes aligned with organisational objectives.
- Develop contract and commercial strategies in collaboration with Tech COO, contract owners, business stakeholders and Legal, ensuring commercial terms, risk considerations and governance requirements are appropriately addressed.
- Drive compliance with procurement processes, 3rd party risk management policies and internal risk governance frameworks through proactive stakeholder engagement, advisory support and SME guidance to the units.
- Conduct independent assessments of supplier engagements to safeguard supply chain integrity, mitigate concentration and 3rd party risks, comply with data privacy and security framework, and optimize overall supply chain value.
- Build and maintain robust relationships with contract owners, stakeholders, control functions and supplier executives to foster collaboration, governance and value delivery.
- Support the Team Head on enterprise-wide efficiency initiatives, including workflow optimisation, process improvement, supplier base consolidation, aggregate buys and the deployment of category management strategies within assigned categories, where applicable.
Requirements
- Degree holder with at least 8 years of experience in procurement and proven track record in delivering strategies and bottom-line savings.
- Candidates with experience in indirect hardware and/or software technology procurement with team management experience will be preferred.
- Impeccable integrity coupled with strong ownership of goals and a will-to-win
- Strong understanding of strategic sourcing and procurement processes, with the ability to advise, sell and fulfill all sourcing needs of internal decision makers
- Strong risk awareness, with working knowledge of third-party risk management, outsourcing governance and related control requirements in a regulated environment.
Location:
DBS Asia HubJob:
SourcingSchedule:
RegularEmployee Status:
Full timeSkills Required
- Bachelor’s degree or equivalent degree qualification
- At least 8 years of procurement experience
- Proven track record delivering procurement strategies and bottom-line savings
- Experience in indirect hardware and/or software technology procurement
- Team management experience
- Strong understanding of strategic sourcing and procurement processes
- Ability to advise internal decision-makers and fulfill sourcing requirements
- Working knowledge of third-party risk management, outsourcing governance, and related controls in a regulated environment
- Strong risk awareness
- Impeccable integrity, ownership of goals, and competitive drive
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The Company
What We Do
DBS Bank is a leading financial services group in Asia, headquartered in Singapore. It provides a full range of consumer, SME, and corporate banking services. The bank is recognized for its digital innovation, having been named 'World's Best Digital Bank' and 'World's Best Bank' by various publications. It also operates the DBS Foundation, which supports social enterprises and community initiatives, reflecting its commitment to creating impact beyond traditional banking.
