Manager, IT Procurement, IT

Reposted 3 Days Ago
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Hiring Remotely in Hong Kong
Remote
Senior level
Fintech • Payments • Financial Services
The Role
The Senior Manager, IT Procurement will drive procurement strategies, manage vendor relationships, oversee contract negotiations, and ensure policy compliance in IT procurement activities.
Summary Generated by Built In

Key Areas of Responsibilities

  • Reporting to Senior IT Procurement Manager

  • Lead or support the RFx process end-to-end for IT/Business stakeholder departments for assigned IT sourcing projects;

  • Perform contract negotiations with vendors until mutual agreement is reached. Ensure all business, technical, commercial and legal requirements are captured in the final contract;

  • Perform financial analysis of assigned sourcing projects and prepare/present business cases to senior management;

  • Collaborate with IT project managers and internal stakeholders to go through internal approval process, ensure all required documentations are properly in place and steps are followed; 

  • Regular reporting of all types procurement analytics and vendor spends analysis to senior management; 

  • Develop and maintain vendor (including potential vendor) relationships to ensure the company has a broad access to supply chain market in order to support the growth of the company;   

  • Manage vendor onboarding due diligence process and vendor ongoing reassessments;

  • Continuous user training and communication of procurement policy and processes to Group IT users worldwide to ensure policy compliance and facilitate approval process

  

Requirements

  • University degree in Procurement or IT or Computer Science, preferably qualifier in CIPS

  • 5-8 years of working experience in technology procurement and vendor management in FSI, insurance or related sectors;

  • Proven hands on experience in running RFx projects and associated stakeholder management;

  • Working knowledge in various IT category management skills (hardware, software, telecom, professional services), contract negotiation and vendor management skills;

  • Proficiency in procurement policy & best practices, and procurement software tool;

  • Ability to identify user requirements and speak stakeholder languages;

  • Good understanding of financial regulatory requirements, basic contract law, and basic accounting principles.

  • Proficient in Microsoft Office & Excel

  • Ability to work independently as well as in team environment.

  • Excellent analytical, project management, and communication skills

  • Fluency in both English and Mandarin

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Skills Required

  • University degree in Procurement, IT, or Computer Science
  • 10+ years of experience in technology procurement and vendor management
  • Proven experience with end-to-end large scale RFP projects
  • Experience in IT category management (hardware, software, telecom)
  • Fluent in English and Mandarin

CLSA Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about CLSA and has not been reviewed or approved by CLSA.

  • Pay Growth & Progression Base pay for junior bankers was increased significantly in 2021 to stay competitive in a hot market. This indicates willingness to adjust compensation when talent risks rise.
  • Healthcare Strength Permanent staff are automatically enrolled in healthcare aligned to local markets, with added travel health and security support via International SOS. This points to solid core medical coverage with global-travel assistance.
  • Retirement Support Permanent staff are automatically enrolled in pension plans aligned to local markets. A group retirement plan is administered regionally, signaling formalized retirement benefits infrastructure.

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The Company
London,
2,160 Employees
Year Founded: 1986

What We Do

CITIC CLSA is a wholly-owned subsidiary of CITIC Securities and its overseas business platform. Established in Hong Kong in 1986, CITIC CLSA is Asia’s leading capital markets and investment group, committed to driving the growth strategies of global institutional investors, corporations, governments and high-net-worth individuals. CITIC CLSA’s award-winning research, extensive Asia network, direct links to China and highly experienced financial professionals set CITIC CLSA apart from global investment banks and regional players. Over three decades, CITIC CLSA has built an extensive Asia network with deep local knowledge and connections. Globally, we operate from 13 countries across Asia, Australia, Europe and the Americas. For further information, please visit clsa.com

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