Job Vacancy Head of Procurement Asia Singapore October 2020 ING
Information of Job Vacancy
Title of Job : Job Vacancy Head of Procurement Asia Singapore Company Name : ING Placement : Singapore Date : 10 months ago ---> EXPIRED ! Expired : Yes
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Job Vacancy Head of Procurement Asia Singapore 2020 ING
Here is criteria job description that you must meet to applying Job Vacancy Head of Procurement Asia Singapore 2020 ING which opened end of this month:
Position: Regional Head of Procurement, Asia (HoP) Bank covers Wholesale and Retail Banking in Asia Pacific. Our Wholesale Banking business is present and active in 14 major economies in the Asia Pacific, namely Australia, China, Hong Kong SAR, India, Indonesia, Japan, Malaysia, Mongolia, the Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam. ’s presence in Asia also includes a 13% stake in Bank of Beijing, China and a 30.0% stake in TMB Bank. Singapore is the regional headquarters for 's Wholesale Banking (WB) business in Asia Pacific. Asia is an important growth region for and the bank has unique strategic opportunities to tap into the Asian banking market. As part of the strategy, we are also setting up a joint venture with a well-established state-owned banking partner (Bank of Beijing), with the objective to set up a full digital retail bank in China. Geographical coverage and reporting line
The HoP reports functionally to the Global Chief Procurement Officer, hierarchically to Chief Finance Officer, Asia.
The HoP will have regional responsibilities, oversight on the local teams in locations such as Beijing, Philippines.
The role spans over 12 countries covering, Wholesale Businesses and Retail Businesses in Asia.
The HoP will oversee the Request to Pay and Source to Contract process for Asia, with the support of a team of 9 buyers.
Develop and implement category management strategies with the team, supporting the identification and realization of cost-saving and cost-reduction opportunities
Is a member of Bank Global Procurement Community;.
And will help facilitate strategic requirements and assist in the development of professional procurement in other parts of the Group.
Regularly provides reports to management about ongoing initiatives and results (i.e. cost reductions, improvement on conditions and other benefits).Regular headoffice reporting on spend, benefits, procurement-related regulatory reporting etc, as required.
Maintain and manage Local policies and procedures ensuring compliance with Global policies and procedures.
Adopt and monitor the use of the Asia Expenditure limits provided to the Business prior to signing of contracts
Key driver for the implementation of Continuous Improvement plans in the department.
Coordinate the region’s business outsourcing review, acting as an advisory partner to business outsourcing owners.
Run regional or local RFx and negotiations of Global functional strategies through facilitation and coordination of global strategy plans at country level/ line of business.
Risk and Control responsibilities
Ensure the execution of Key Control Testing and address audit related issues.
Manage business and operational risks inherent in the business, act as a gatekeeper for topics related to the economic, regulatory and technological changes to the Finance industry, such as Outsourcing, Data Protection, IFRS-related, US Withholding tax etc.
Constantly engage with Second Line functions (Legal, Risk and Compliance) to continually reassess the operational risks associated with the role and inherent in the business.
Manage and maintain effective engagement and communication with local stakeholders, to the Chief Finance Officer, Asia, Business functional Heads through regular stakeholder meetings.
Bridge the regional team with the rest of the procurement teams in the Group.
Provide guidance for local and regional Supplier Performance Management to the Business.
Managing the skills and competency development of procurement staff, including planning of training development and knowledge management capabilities
Ensure continuous development of the department is consistent with the organisation’s.
Skills and Competency
At least 10 years of Procurement in any category (can be a generalist with knowledge of various categories) in Financial Institutions;
A Bachelor degree in business or economics, logistics, supply chain management or purchasing.
In-depth knowledge of sourcing and procurement principles and best practices.
At least 5 years of experience in management/supervisory roles.
Knowledge and experience in business, supervision, and project management.
Excellent negotiation skills
Excellent people management and stakeholder management skills.
Excellent command of English and Mandarin.
Only applicants that satisfies to terms above of that will be called upon to perform further tests. For that, if you are interested and meet the job candidates Job Vacancy Head of Procurement Asia Singapore 2020 ING above, please submit your application before closing date.
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