IT Procurement Specialist (1 year contract & extendable)

Location
Islandwide
Job Type
Full-time
Experience
Mid
Category
General
Salary
$4,500 - $6,000
Posted
2 weeks ago
Expires
Apr 11, 2026
Views
5

Job Details

Vacancies

1 position

Experience Required

No experience required

Job Description

  • Opportunity to work in a Global Financial Institution
  • Drive end-to-end IT procurement processes to support operational excellence

About Our Client

Our client is a globally established financial institution with a major technology hub in Asia. They play a critical role in supporting international banking operations through the development of in-house applications and enterprise-level digital initiatives. With strong regional integration and a forward-looking tech strategy, they continue to enhance operational efficiency and drive innovation across global markets.

Job Description

Key Responsibilities:

  • Source and evaluate technology vendors through RFP/RFQ processes to meet business and IT requirements
  • Negotiate contracts, pricing, and SLAs to secure optimal commercial and service outcomes
  • Partner with internal stakeholders to define procurement needs and align with organisational goals
  • Manage the end-to-end procurement lifecycle from requisition, delivery, payment matching to vendor performance review
  • Maintain procurement documentation and conduct market research to identify technology and cost-saving opportunities
  • Build and manage relationships with key suppliers, monitoring performance against contractual obligations and SLAs
  • Oversee contract governance, vendor onboarding, and third-party risk management in compliance with regulatory and internal policies

The Successful Applicant

A successful candidate should have:

  • Bachelor's degree in Business, Commerce, IT, or a related discipline
  • At least 4-6 years of procurement experience, ideally within banking or regulated industries
  • Knowledge of banking regulations and compliance requirements (e.g., MAS, DORA)
  • Experience in P2P processes, contract management, and vendor relationship management
  • Understanding of IT procurement including infrastructure, data centres, software licensing, and technology services
  • Strong analytical, negotiation, and stakeholder communication skills
  • Familiarity with procurement tools (e.g., SAP, ServiceNow, DocuSign), risk management processes, and project management practices

What's on Offer

Why take on this role?

  • Professional development and learning opportunities
  • Collaborative and cross-functional work environment
  • Opportunity to work within a leading global financial institution
  • Exposure to strategic IT procurement and vendor management
  • Ability to influence technology sourcing and banking operations decisions



Contact

Cheryl Sim (Lic No: R24123823 / EA no: 18C9065)

Quote job ref

JN-032026-6966939

Phone number

+6566439748

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