PayNet (Payments Network Malaysia) Hiring! Full Time Sourcing Specialist in Federal Territory - Ricebowl

Why PayNet / Why Now

• Shape how strategic sourcing unlocks value across critical technology investments.
• Join at a moment of growing complexity, where procurement decisions directly influence scale, resilience, and innovation.
• Work alongside business and technology leaders to drive smart, data-backed commercial outcomes.
• Act at a point where procurement shifts from transactional to strategic decision-making.

TL; DR

• Own sourcing strategy for critical spend categories impacting PayNet’s core systems using spend analysis, market intelligence, and Total Cost of Ownership (TCO) thinking
• .Drive Request for Information (RFI), Request for Quotation (RFQ), and Request for Proposal (RFP) processes and negotiations using structured, data-driven frameworks
• .Influence leadership decisions with clear commercial insights and recommendations
• .Lead complex negotiations where trade-offs matter (cost vs. risk vs. speed vs. innovation)

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Why This Role Matter

• s Decide how millions in technology spend are allocated, optimized, and governe
• d.Protect PayNet from commercial, operational, and vendor risks through strong sourcing judgmen
• t.Enable faster, better business outcomes by selecting the right partners and contract structure
• s.Translate market intelligence into sourcing strategies that improve cost, quality, and innovatio
• n.Strengthen procurement as a trusted advisor, not just a control functio

n.
What You Will Actually

• Do Own sourcing cases end-to-end, from strategy design to supplier selection and contract negotiati
• on.Shape category strategies by segmenting spend, assessing risks, and aligning to business prioriti
• es.Shape and lead complex RFPs, commercial evaluations, build pricing models, and recommend decisions to senior stakeholde
• rs.Drive standardisation and improvement in sourcing frameworks and decision quali
• ty.Influence stakeholders on commercial trade-offs and sourcing optio

ns.
Examples of This Role in Prac

• ticeMaking decision between global vendors for a critical technology platform using Total Cost of Ownership (TCO) and risk-based scor
• ing.Leading a competitive Request for Proposal (RFP) that balances cost, Service Level Agreements (SLAs), and long-term scalabil
• ity.Challenging a preferred vendor decision by surfacing hidden risks or misaligned commercial te
• rms.Restructuring a sourcing approach to avoid vendor lock-in while maintaining delivery timel
• inesAdvising leadership on sourcing strategy for entering new markets or capabilit

ies.
What Will Help You Suc

• ceed Strong commercial instinct—ability to evaluate trade-offs beyond price with experience in spend analysis, market benchmarking, and Total Cost of Ownership (
• TCO).Deep understanding of procurement governance, controls, and compliance expectat
• ions.Confidence influencing stakeholders across business and technology functions without relying on autho
• rity.Track record of leading high-impact negotiations and
• RFPs.Exposure to digital procurement tools, analytics, or emerging practices (e.g., Artificial Intelligence (AI)-enabled sourc