IT Procurement Specialist

Crédit Agricole Corporate and Investment Banking (Crédit Agricole CIB) is the corporate and investment banking arm of Crédit Agricole Group, world’s 10th largest bank by total assets.

Our Singapore center (“ISAP” or “Information Systems Asia Pacific”) is the 2nd largest IT setup (after Paris Head Office) for Crédit Agricole CIB's worldwide business. We work daily with international branches located in 30 markets by:

• Envisioning and preparing the Bank’s futures information systems
• Partnering and supporting core banking flagships and transverse areas in their large scale development projects
• Providing premium In-house Banking applications

This unique positioning empowers us to bring our core banking business a sustainable competitive advantage on the market.

We seek innovative and agile people sharing our mindset to support ambitious and forthcoming technological challenges.

Summary of Position

Procurement Specialist is responsible for assisting the Head of Procurement ISAP in managing the procurement process in ISAP for various IT goods and services, ensuring cost-effectiveness, quality, and timely delivery. This role involves collaborating with all managers of ISAP and external vendors, negotiating contracts, and maintaining procurement records. The role is responsible for ensuring all procurement activities are compliant with signed contracts and agreed terms and conditions. The position will engage support from functional subject matter experts (eg, legal, risk management, finance) as appropriate. The ideal candidate will have experience in procurement, strong analytical skills, and the ability to work in a fast-paced environment.

Main responsibilities

Sourcing and Supplier Management:

• Identify, evaluate, and select suppliers based on quality, cost, and delivery capabilities.
• Conduct regular supplier performance evaluations and address any issues that arise.

Procurement Process Management:

• Manage the end-to-end procurement process, including issuing purchase orders, tracking orders, and ensuring timely delivery.
• Negotiate pricing, terms, and conditions with suppliers to achieve the best value for the organization.
• Work with internal stakeholders to understand procurement needs and ensure alignment with organizational goals.
• Manage RFI/RFQ/RFP process
• Collaborate with CACIB stakeholders to identify procurement needs and develop detailed RFP/RFI/RFQ documents, including scope of work, specification, evaluation criteria and timeline.
• Draft and launch RFI/RFQ/RFP
• Facilitate the evaluation of vendor proposals in collaboration with CACIB stakeholder, ensuring the evaluations are conducted in a fairly and objectively.

Contract Management:

• Draft, review, and manage contracts with suppliers, ensuring compliance with company policies and legal requirements.
• Work with legal to finalize contract with selected vendors, ensuring compliance with organization policies and legal requirement.
• Monitor contract performance and manage renewals, amendments, and terminations as needed.

Cost Management and Analysis

• Analyze market trends and pricing to identify cost-saving opportunities.
• Monitor and report on procurement expenditures, ensuring adherence to budgetary constraints.
• Develop and implement cost-reduction strategies while maintaining quality standards.

Compliance and Documentation:

• Ensure all procurement activities comply with policies, procedures, and regulatory requirements including, but not limited to, the Singapore Compliance manual and Compliance policies and procedures as issued from time to time; Financial Security requirements, including, but not limited to, the prevention of Financial Crime and Fraud including reporting obligations to the Money Laundering Reporting Officer
• Maintain accurate and up-to-date procurement records, including contracts, purchase orders, and supplier information.
• Prepare reports on procurement activities and performance metrics for management review.
• Analyze vendor’s risk, identify new sources, and strengthen the KYS database.
• Implement the appropriate internal controls and monitor for procurement activities

Qualifications

• 4+ years of experience in procurement, sourcing, contract management and/or vendor management roles
• Solid knowledge of procurement, vendor management and contractual best practices
• Strong negotiation, communication, and interpersonal skills.
• Proficiency in procurement software and Microsoft Office Suite. –
• Ability to analyze data and make informed decisions.
• Knowledge of procurement best practices, policies, and regulations.
• Strong organizational skills and attention to detail.

For fair employment practices, we are keen on Singaporeans ONLY. We offer a competitive remuneration package, consistent with qualifications and experience.

Interested applicants, please click on "APPLY"

Visit us on: http://www.ca-cib.com/