IT Sourcing Manager
Our client is a world renowned global financial institution, they are looking for a top talent to join their IT Sourcing team in APAC that will support the IT Software and Hardware and support requirements for the organization across the APAC region. Candidates should have a strong background in Software and Hardware sourcing. The role is based in Hong Kong and reports to the Head of Asia IT Sourcing.
Role and Responsibilities:
• Primarily responsibility for Sourcing and Vendor Management for Hardware and Software across the APAC region.
• Building relationships with internal clients in order to assess business requirements with the intent to find solutions to meet their needs and saving opportunities.
• Development of a 1 and 3 year category plan to lower costs, improve performance and reduce risk within the assigned categories.
• Competitive bid processes including RFP’s, RFI’s, RFQ’s and RFX.
• Providing support for Sourcing activities such as renewals, benchmarking, vendor due diligence and risk, and maintaining vendor/clients relationships.
• Business and legal negotiations ensuring, local country regulatory and tax requirements are captured in any Agreement, Task Order etc.
• Prepare supporting documentation for deals and contracts and ensuring that they’re readily available.
• Act as the liaison between the business line and legal group.
• Liaising with Global Category leads and other Regional teams (i.e. Europe and Americas) on best practice, knowledge sharing and execution of global deals.
• Represent APAC for assigned categories in any global initiatives that may impact the region and ensure that any APAC requirements/considerations are incorporated into the global initiatives.
• Knowledge of competitive opportunities within the all assigned categories and identify operational and cost savings.
• Process management and engineering for continuous improvement for assigned categories.
• Accuracy and maintenance of individual project records captured in the IT Sourcing Project system (FAST).
Competencies/Skills:
• Communication skills: Excellent verbal, written, presentation and interpersonal skills in English, with Cantonese and Mandarin an advantage
• Negotiation skills: Strong negotiation skills with vendors both financial and legal terms relating to a contract
• General understanding of regulatory and tax requirements within the APAC region
• Financial analysis; ability to analyze cost/financial information including use of excel pivot tables
• IT skills; knowledge of IT to be able to talk to IT professionals and vendors regarding products and services
• Ability to liaise with Compliance, Legal, Finance and Tax on structuring of deals particularly in Asia
• Clients: Proven track record of exceptional client service, which would benefit this role and reporting
• PC Skills: Excel, Powerpoint and Word. Ariba e-Sourcing an advantage.
• Able to handle pressure and multi-tasking, proactive with great negotiation skills and attention to detail.
• Work experience: 5-7 years + of IT related Sourcing experience with Financial Services background preferred.
• Education: A degree in Business Studies or similar and / or Professional Sourcing qualifications