Manager Procurement
affin bank berhad
📍 menara affin trx malaysia🕐 6mo ago🔗 workday
Job Description
**Create the future with Affin! You too can make a difference.**
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_We continuously innovate to transform our financial services landscape - making banking better and easier. Join us at AFFIN, where the open minds meet and be inspired by a shared commitment to great work. You too can make a difference._
**JOB PURPOSE**
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* To **manage the day-to-day contract and vendor management activities** for Technology and Non‑Technology categories in accordance with established policies, procedures and governance frameworks.
* The role manages operational execution, vendor performance monitoring, contract compliance and outsourcing records, while **escalating risks and recommendations** to the Head of Department.
**JOB ACCOUNTABILITITES**
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1. **Vendor & Outsourcing Management**
* Manage vendor onboarding, registration and due diligence activities in line with established policies and procedures.
* Maintain vendor segmentation based on defined risk, criticality and spend criteria.
* Maintain and update the Outsourcing Register in compliance with BNM policy and guidelines.
* Maintain and update vendor watchlist and referred list based on risk indicators, performance issues, compliance concerns or management directives.
* Ensure vendors on the watchlist and referred list are subject to enhanced monitoring and escalation where required.
* Regularly evaluate and refine vendor management policies and procedures to improve effectiveness and efficiency.
2. **Contract, Performance & Cost Management**
* Administer contract lifecycle activities, including tracking of renewals, expiries, variations and terminations.
* Monitor contractual obligations, SLAs and KPIs and identify deviations or non‑compliance.
* Coordinate vendor performance reviews, document outcomes and track agreed remediation actions.
* Maintain contract and spend data to support renewal planning and cost management initiatives.
3. **Risk, Compliance & Audit Support**
* Ensure vendor activities comply with internal policies, contractual terms and applicable regulatory requirements.
* Coordinate third‑party risk assessments and vendor reviews with relevant internal stakeholders.
* Prepare and compile vendor‑ and outsourcing‑related documentation for internal, external and regulatory audits.
* Track audit issues and remediation actions and provide regular status updates to Head of Department.
4. **Reporting**
* Maintain accurate and up-to-date vendor register, contracts and performance data.
* Develop and maintain dashboards and reporting tools to track vendor performance, contract status and compliance metrics.
* Communicate insights and updates to senior management and key stakeholders through structured reports and presentations.
* Ensure timely and accurate reporting to support decision-making and audit reviews.
5. **Other duties**
* Perform other responsibilities and duties periodically assigned by superior in order to meet operational and/or other requirements.
**JOB REQUIREMENTS**
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* Bachelor’s in Law, Business Administration, Finance, Information Technology, Engineering or related field.
* At least 5 to 8 years with Procurement/Supply Chain, Contract Management and/or IT project delivery background with proven track record of managing contracts or vendors.
* Excellent communicator both written and verbal in English.
* Experience in stakeholder management internally and externally with suppliers in complex business environment.
* Good logical and positive thinking, details orientation, well organized and process driven mindset.
* High integrity, self-motivated and ability to identify problems, contribute, proposed solutions and follow-up diligently towards resolution.
* Team player and able to learn quickly and work effectively across the bank.
* Sound knowledge of technology vendor and contracting methodology.
* Demonstrate strong knowledge of Microsoft Office tools, SharePoint.
* Preferably with some level of familiarity with IT environment, emerging technologies and IT standards, policies and procedures and project management framework.
* Able to perform analysis and reports and develop plan to address challenges, opportunities and synergies with a strategic mindset for various lines of business.
* Risk awareness and Third-Party Risk Management skills.