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IT Sourcing Manager (VP)

Job Seekers Hong Kong SAR China IT Financial Services - Banking

Job Summary

  • Hong Kong
  • Permanent
  • BBBH786669
  • Jul 22, 2021
  • Competitive
Job Description

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
  • Must have strong work ethic and be a team player


Consultant Details

Consultant Details

Jonathan Wong
Jonathan Wong
  • Managing Consultant | Financial Services Operations Recruitment
  • 3907 3914