Regional Sourcing Specialist

Permanent contract|Singapore|Corporate & Investment banking

Regional Sourcing Specialist

  • Singapore, Singapore (country)
  • Permanent contract
  • Corporate & Investment banking

Responsibilities

Serve as member and supporting the regional GBTO/COO/RSG/ACH team in managing the Sourcing activities, Third Party Risk Management from sourcing perspective, sourcing category management and supplier relationship management as well as transversal project management. Support on sourcing governance, controls, and communication

Main Responsibilities:

Regional Sourcing Specialist:

  • Lead the standard end-to-end Sourcing process on the assigned categories: from market research, understanding of the internal client’s and the business requirements, followed by RFP process and contract implementation.
  • Partner with key internal functions including IT, Legal, Compliance, Finance etc. across Asia locations and also with Group Sourcing team based in Paris.
  • Achieve category cost improvement targets through price negotiations. This would require analysis of complex supplier proposals and use decision-making tools and models, including financial and non-financial criteria, to facilitate award recommendations.
  • Negotiate contracts, terms, and conditions with suppliers and ensure compliance to Group requirements.
  • Collaborate with internal clients ensuring their satisfaction, whilst securing the sourcing processes.

 Risk Management:

  • Support to define, enhance, document, and implement Strategic Third-Party Risk Management standards in terms of policies, processes, SLAs, interface to other processes, key procedures, data and systems used to support the process.
  • Establish process and controls to reduce operational, supplier and legal risks and enhance efficiency.

 Category Management and Supplier Relationship Management:

  • Leading in-depth spend analysis and data mining in order to deliver strategic and comprehensive category management plan.
  • Identification of the key supplier and maintain effective governance and communication with the senior management of SG and the vendors.

 Governance:

  • Ensure Sourcing process compliance with Group standards and maintain a culture and practice of highest ethical standards and behavior.
  • Managing the management reporting to provide visibility to management on Sourcing topics
  • Drive standardized procurement and third-party risk governance processes to support Third Party Management & Sourcing objectives and strategies.
  • Monitor the sourcing performance and to follow-up the project pipeline.

 Project Management: 

  • Leading or assisting to various transformation projects to improve the Sourcing process.
  • Support the development of tools to perform third party risk and control analyze the efficiency of the controls 

Profile required

  Academic Background and Certifications, Experience:

  • Strong experience in Sourcing / Vendor Management and ideally from Banking industry
  • Strong interpersonal and stakeholder management skills, energetic, proactive and positive can do attitude
  • Strong knowledge in Asia market benchmark and local regulatory requirements
  • Knowledge and understanding of contracts and legal clauses
  • Knowledge of PowerBI and system development workflow is a plus
  • Solid presentation and communications in English both verbal and written
  • Solid analytical skills, number person with high quality deliverable
  • Take leadership role, strong sense of accountability and ownership
  • Willing to lean and develop skill
  • Simplification mindset
  • Ability to work in a challenging environment and speedy in response and efficient
  • Attention to details.
  • High standards of ethics and team spirit
  • Occasional travel may be required and other duties outside of the above may be requested on an ad-hoc basis

Behavioral Skills:

Please select 6 skills from the leadership model

  • Client - Understanding and Respect: I listen to clients and colleagues in order to understand and anticipate their needs
  • Team Spirit - Open mindset: I listen and share my views and my expertise in an open mode
  • Innovation - Technology: I adopt new technologies in the solutions and projects I work on
  • Responsibility - Risk awareness: I am constantly on the lookout for risks
  • Responsibility - Performance: I strive for high performance
  • Commitment - Exemplarity: I embody the Group’s values

We regret to inform that only shortlisted candidate will be notified.

Business insight

Company Description:

Societe Generale is one of the leading European financial services groups. Based on a diversified and integrated banking model, the Group combines financial strength and proven expertise in innovation with a strategy of sustainable growth. Committed to the positive transformations of the world’s societies and economies, Societe Generale seeks to build together with its clients, a better and sustainable future through responsible and innovative financial solutions. Active in the real economy for over 150 years, with a solid position in Europe and connected to the rest of the world, Societe Generale has over 117,000 employees in 66 countries and supports 25 million individual clients, businesses and institutional investors worldwide (figures as of August 2023). We have a presence in 11 locations across Asia Pacific. With our regional headquarters in Hong Kong – a core hub of the worldwide Societe Generale Group – we employ around 2,300 employees in the region. In addition, Societe Generale's Global Solution Centre (SGGSC) in Bangalore and Chennai supports the Group in Asia Pacific and globally with customized business solutions.

 For more information, follow us on LinkedIn @Société Générale or visit our website www.societegenerale.asia.

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Reference: 24000HWM
Entity: Societe Generale Singapore Branch
Starting date: 2024/08/02
Publication date: 2024/07/03
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