- Singapore
Elevate Staffing Hiring! Full Time Procurement Manager (Financial Services) in , Earn up to SGD 8,000 - Ricebowl
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Job Description
Responsibilities
Industry:
Financial Services
Employment Type:
Full-time
About the Role
We are seeking an experienced
Procurement Manager
to oversee procurement and vendor management activities within our financial services organisation. The successful candidate will be responsible for strategic sourcing, contract negotiation, supplier performance and cost optimisation while ensuring compliance with internal policies and regulatory requirements.
Key Responsibilities
Develop and implement procurement strategies aligned with business and financial objectives.
Manage the end-to-end procurement process, including sourcing, tendering, evaluation, negotiation and contract management.
Identify and evaluate suppliers across technology, professional services, office operations and other business requirements.
Negotiate pricing, contracts, service levels and payment terms with vendors.
Manage strategic supplier relationships and monitor vendor performance against agreed KPIs and SLAs.
Conduct regular supplier reviews and identify opportunities for cost savings and process improvements.
Work closely with Finance, IT, Operations, Compliance and other internal stakeholders to understand procurement requirements.
Support third-party/vendor risk assessments and ensure appropriate documentation and due diligence are completed.
Monitor contracts, renewals, expenditure and procurement budgets.
Maintain accurate procurement records and management reports.
Monitor market trends, supplier developments and industry pricing.
Ensure procurement activities comply with company policies, internal controls and applicable financial-services regulatory requirements.
Identify and mitigate potential supplier, operational and business continuity risks.
Prepare procurement reports, analysis and recommendations for senior management.
Requirements
Diploma or Bachelor's degree in Procurement, Supply Chain, Business, Finance or a related discipline.
3–7 years of relevant procurement, sourcing, purchasing or vendor management experience.
Experience within
financial services, banking, insurance, wealth management or other regulated industries
will be an advantage.
Strong negotiation, contract management and stakeholder management skills.
Good understanding of vendor risk management and procurement controls.
Strong analytical and commercial acumen.
Excellent communication and organisational skills.
Proficient in Microsoft Office and procurement/ERP systems.
Able to work independently and manage multiple projects and stakeholders.
What We Offer
Competitive basic salary with performance incentives.
Career development and progression opportunities.
Exposure to strategic procurement and financial-services operations.
Professional and collaborative working environment.
Elevate Staffing
is a recruitment and staffing company dedicated to connecting talented individuals with meaningful career opportunities across Singapore.
We work closely with employers to understand their hiring needs and match them with suitable candidates based on skills, experience, and career aspirations. At the same time, we support jobseekers throughout the recruitment process by helping them discover opportunities that align with their goals.
Our focus is on building strong, long-term relationships with both employers and candidates through professional service, clear communication, and a people-first approach.
At Elevate Staffing, we believe in
connecting talent with opportunity and helping people take the next step in their careers.
Financial Services
Employment Type:
Full-time
About the Role
We are seeking an experienced
Procurement Manager
to oversee procurement and vendor management activities within our financial services organisation. The successful candidate will be responsible for strategic sourcing, contract negotiation, supplier performance and cost optimisation while ensuring compliance with internal policies and regulatory requirements.
Key Responsibilities
Develop and implement procurement strategies aligned with business and financial objectives.
Manage the end-to-end procurement process, including sourcing, tendering, evaluation, negotiation and contract management.
Identify and evaluate suppliers across technology, professional services, office operations and other business requirements.
Negotiate pricing, contracts, service levels and payment terms with vendors.
Manage strategic supplier relationships and monitor vendor performance against agreed KPIs and SLAs.
Conduct regular supplier reviews and identify opportunities for cost savings and process improvements.
Work closely with Finance, IT, Operations, Compliance and other internal stakeholders to understand procurement requirements.
Support third-party/vendor risk assessments and ensure appropriate documentation and due diligence are completed.
Monitor contracts, renewals, expenditure and procurement budgets.
Maintain accurate procurement records and management reports.
Monitor market trends, supplier developments and industry pricing.
Ensure procurement activities comply with company policies, internal controls and applicable financial-services regulatory requirements.
Identify and mitigate potential supplier, operational and business continuity risks.
Prepare procurement reports, analysis and recommendations for senior management.
Requirements
Diploma or Bachelor's degree in Procurement, Supply Chain, Business, Finance or a related discipline.
3–7 years of relevant procurement, sourcing, purchasing or vendor management experience.
Experience within
financial services, banking, insurance, wealth management or other regulated industries
will be an advantage.
Strong negotiation, contract management and stakeholder management skills.
Good understanding of vendor risk management and procurement controls.
Strong analytical and commercial acumen.
Excellent communication and organisational skills.
Proficient in Microsoft Office and procurement/ERP systems.
Able to work independently and manage multiple projects and stakeholders.
What We Offer
Competitive basic salary with performance incentives.
Career development and progression opportunities.
Exposure to strategic procurement and financial-services operations.
Professional and collaborative working environment.
Elevate Staffing
is a recruitment and staffing company dedicated to connecting talented individuals with meaningful career opportunities across Singapore.
We work closely with employers to understand their hiring needs and match them with suitable candidates based on skills, experience, and career aspirations. At the same time, we support jobseekers throughout the recruitment process by helping them discover opportunities that align with their goals.
Our focus is on building strong, long-term relationships with both employers and candidates through professional service, clear communication, and a people-first approach.
At Elevate Staffing, we believe in
connecting talent with opportunity and helping people take the next step in their careers.
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