Analyst, Specialist, Sourcing, Procurement Operations, Technology and Operations

3 weeks ago

Mumbai, India DBS Bank Full time

Business Function

Group Technology and Operations (T&O) enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation. In Group T&O, we manage the majority of the Bank's operational processes and inspire to delight our business partners through our multiple banking delivery channels.

Job Purpose

Responsible for Non-IT related procurement across the organization Work with procurement operations to team to ensure vendor & contract compliance Build a preferred supplier list for Non-IT vendors keeping risk and control objectives in place Report monthly metrics on sourcing & saving updates to local and regional management

Key Accountabilities

This role will directly report to the AVP Team Lead and be a strategic partner to drive cost management, process improvement and procurement transformation. She/He will Learn / Un-Learn / Re-Learn the existing system and process within the Procurement. Drive synergies in Procurement domain which is worth 10 Million SGD.

Job Duties & responsibilities: 

The candidate shall be exposed to entire gamut of Non-IT related procurement activities from Admin & Facilities, Operations, Marketing & Promotional material like gifts and promotional items, marketing promotional printing collaterals, Travel, Sustainability initiatives and shall be reporting directly to the AVP Team Lead on all the strategic negotiations, data analytics and shall deal with Stakeholders/ Business Leaders within the organization at India level.

The Candidate is supposed to perform the following

Handling procurement operations for Admin, facilities and services (CRESA) related Purchases, Marketing Services and Travel & Entertainment Category. Responsible for supply / demand alignment, material replenishment and vendor performance. Responsible for sourcing involving market survey and identifying cost optimization sourcing. Responsible for performing Travel & Entertainment related activities such as airline deals, hotel tie-ups, car rental agencies tie-ups, Offsite arrangements, and negotiations Responsible for Marketing related activities such as negotiations with event agencies, tie ups with various collateral printers, tie ups with corporate gifting vendors. Price and benefit bench marking. Coordination with the Business teams and understanding their requirements. Proactive analysis of future demand and tracking the requirements Reviewing tenders and bids and prepare quotation comparison and summarization Managing the meetings with various vendors and ensure the smooth co-ordination with Business teams. Tracking of contract renewals and renegotiate prices and driving cost savings for the Bank. Managing the procurement supplier relationships and maintain mutually beneficial long-term partnerships with Vendors. Helping to source alternative items for buyers and customers by developing sourcing strategies. Evaluation of new vendors and follow the vendor Registration/On-boarding procedure. Manage vendor related escalations and provide amicable results Be well versed with procurement related applications/software operations

Experience 

At least 5 to 7 years of industry experience (Preferably from BFSI sector/FMCG – Consumer Goods/Consulting firms) Relevant experience of handling supply chain management, vendor management, procurement and sourcing of Non-IT category spend 

Education / Preferred Qualifications

Bachelor’s Degree along with Full time MBA from reputed institutes

Core Competencies 

Excellent interpersonal and effective communication skills. Effective negotiation skills Excellent analytical and presentation skills (MS Word, Excel, Power Point) To be part of team & effective team player. Eye for detail & hands on approach 

Technical Competencies 

Market awareness Cost awareness Strong knowledge of Non-IT products and services Vendor relationship management Hands on experience on any procurement related application/software

Work Relationship

Working relationship with CRESA, Marketing, Operations, Finance, Legal & Compliance Team and various departments Maintain a healthy working relationship with subordinates and colleagues/peers

DBS India - Culture & Behaviors

DBS is committed to building a culture where all employees are valued, respected and their opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Expected value driven behaviors are: Demonstrate Business Performance through PRIDE Value Based Propositions Ensure Customer Focus by Delighting Customers & Reduce Complaints Build Pride and Passion to Protect, Maintain and Enhance DBS’ Reputation Enhance Self Knowledge, Skills and develop Competencies aimed at continuous improvement Maintain the Highest Standards of Honesty and Integrity

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