JobSummary: IT Sourcing Manager

Theprimary objective of this role is responsible for developing and executingsourcing strategies and strategically managing sourcing activities for ITtransformation projects and standard product selection.

Key Responsibilities

ITProcurement Process Setup:

• Design and implement end-to-end IT procurement processes.
• Align procurement workflows with internal controls and governance needs.
• Continuously improve procedures to increase efficiency and compliance.

ITTransformation Project Sourcing:

• Lead sourcing for major IT transformation and strategic initiatives.
• Engage early with stakeholders to shape sourcing strategies.
• Ensure timely and cost-effective vendor selection aligned with project goals.

StandardIT Product Selection:

• Collaborate with IT teams and define standardised IT products and services catalogue.
• Streamline sourcing to preferred vendors for core IT solutions.
• Promote consistency and reduce total cost of ownership.

LeadCost Saving Initiatives via Spend Analysis:

• Lead analysis of spend data to identify savings and consolidation opportunities.
• Drive cost optimisation through vendor rationalisation and negotiations.
• Track and report realised savings across IT categories.

OverseeIT Sourcing Execution:

• Oversee RFI, RFQ, RFP, and vendor evaluation processes.
• Lead sourcing of software, infrastructure, and IT services.
• Ensure vendor due diligence meets compliance and risk standards.

Contracts& Commercial Negotiation:

• Lead negotiations on commercials, licensing, SLAs, and renewals.
• Coordinate with Legal and Risk teams for contract reviews.
• Manage contract lifecycle from drafting to termination.

ProcurementGovernance & Compliance:

• Establish governance routines and internal approval protocols.
• Ensure alignment with audit, risk, and regulatory expectations.
• Maintain accurate documentation for review and reporting.

VendorPerformance Management:

• Monitor vendor performance against KPIs and SLAs.
• Facilitate periodic reviews and manage performance issues.
• Support delivery teams in driving accountability and service improvement.

Experience:

• Minimum 8 ~ 12 years of experience in ITprocurement, with a strong track record in the banking or financial servicessector.

• Deep understanding of the banking technologyvendor ecosystem, including commercial structures, licensing models, renewalcycles, and key supplier capabilities.

• Extensive experience sourcing across multipleIT categories, including software (on-premises and SaaS), infrastructure (cloudand on-prem), and IT services.

• Familiar with Asia-Pacificprocurement-related regulations and compliance considerations.

• Proven ability to design and implementprocurement strategies, processes, and governance frameworks from the groundup.

• Experience leading large-scale sourcinginitiatives, handling CAPEX and OPEX, liasing with large vendors fortransformation programmes, product standardisation, and cost optimisation.

• Skilled in spend analysis, vendornegotiations, and implementing supplier performance and risk managementframeworks.

Qualifications & Certifications:

• Bachelor's degree in a relevant field, suchas business administration, information technology, law, procurement etc.

• Professional procurement certifications orequivalent are preferred (e.g. CIPS)

• Familiarity with industry standardprocurement tools is an advantage