Jobs Companies OCBC Bank Sourcing Specialist

About this Sourcing Specialist role at OCBC Bank

OCBC Bank · Onsite · OCBC Malaysia, Menara OCBC

WHO WE ARE:

As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.

 Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future.

 We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.

Your Opportunity Starts Here.

This is the broad job description of the job profile. Definitive job description should be reviewed and discussed between you and your manager.

  • Adhere to OCBC Group Procurement Policy, Standards and Procedures, for governance and controls.
  • Demonstrate thought leadership, drive sourcing project and negotiation to deliver cost savings and other benefits to Group.
  • Manage and execute activities relating to the sourcing of products and services for Malaysia or Group.  This includes conducting of Request for Proposal (RFP), Request for Quotation (RFQ), evaluation and selection of vendors, price negotiations, contract reviews, in collaboration with internal users and legal and or risk department.
  • Identify internal and external risk factors that could affect the long-term viability and sustainability of a vendor.
  • Review contract terms and work with Legal for execution.
  • Create rapport and maintain good relationships with internal stakeholders & external vendors.
  • Challenge status quo, initiate and drive process improvement to deliver operational efficiency.
  • Conduct root cause analysis on problem statement.
  • Conduct due diligent check on vendor e.g. Anti-Bribery assessment.
  • Collaborate with internal stakeholders and vendors in driving ESG initiatives.

  • High personal integrity.
  • Degree holder in Business or any related degree.
  • Experience in strategic sourcing.
  • Fluent in English & Mandarin.
  • Positive attitude, self-motivated and able to work with minimal supervision as well as the occasional long hours.
  • Strong written communication skills, including the ability to facilitate meetings and effectively lead discussions.
  • Team player, able to communicate effectively and good interpersonal skills.
  • Able to work under stress to meet deadlines and good in time management.

What we offer:


Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.

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About OCBC Bank

As the longest established Singapore bank, formed in 1932 from the merger of three local banks, we have grown from strength to strength to become a regional financial services group. With a deep history in Asia, we offer the most comprehensive coverage across ASEAN and Greater China, complemented with a presence in the leading economies of New York, London and Sydney. We are the second largest financial services group in Southeast Asia by assets with one of the world’s highest credit rating (Aa1 by Moody’s and AA- by both Fitch and S&P). We offer private banking services through our wholly-owned subsidiary, Bank of Singapore, which operates on a unique open-architecture product platform to s

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