A Top Tier Globally Renowned Investment Bank is looking for an experienced sourcing professional to join its sourcing team, based in Hong Kong
Work closely with the business partners in understanding their requirements, identifying alternatives, and to recommend the appropriate Sourcing Strategy.
Drive the end-to-end sourcing projects, through Ariba system, to include running RFX, leading negotiations, facilitating vendor due diligence process and initiating vendor enablement, until the order placement / renewal contract signed and project closed out in the system.
Develop and conduct complex RFXs (which includes developing evaluation scorecards, assessing supplier responses through data analysis to support the decision and recommendation for award of contract).
Develop category and sourcing strategies to drive saving opportunities, identifying opportunity areas such as demand management, supplier consolidation, changes in purchase processes (Morgan Stanley and/or Supplier specific), etc.
Facilitate tactical buying requests and determine deal outcome.
Deliver multination agreements with best-in-class terms and conditions and the most optimal / competitive pricing
Maintain up-to-date commercial and contractual knowledge of the market place and methods to ensure that best practices are continually developed and utilized within the group.
Organize regular vendor meetings, develop appropriate service level agreements and to lead the discussion in resolving vendor/internal issues when required.
Monitor vendor performance and manage ongoing vendor relationships, including conformity to contract performance, resolution of payment disputes, activity on critical dates (extensions, renewals, price adjustments, etc.).
Excellent verbal, written, presentation and interpersonal skills in English and Chinese
Minimum 10 years sourcing experience in Asia region on the specific categories (preferably in banking and finance industry) with experience in using Ariba system
Possess strong product knowledge of vendor products and services; including Various hardware and software agreement structure (including Enterprise / End-User / Appliance Level; On-premise / Cloud-based; requirements), deployment and true-up process, maintenance arrangement and etc.
Build-out, upgrade, and support of Multimedia set-up and operations services
Proven track record in generating cost savings ideas and hard dollar saves
Solid knowledge of cross-country specific requirements, risks and constraints such as tax, contract requirements, and/or other regulatory requirements
Possess of proficiency level of Micro Software skills, including Excel (V-lookup, macros) and PowerPoint Presentation