Career
Procurement Specialist
Hong Kong, Hong Kong
- Assist senior team members in negotiating vendor contracts, with a strong emphasis on fintech-related risks, regulatory compliance, data security, and cost optimization. - Support the contract renewal process by monitoring contract expirations, evaluating vendor performance, and revising terms to address evolving fintech risks and regulatory changes. - Perform risk assessments and compliance reviews for contracts, particularly in high-risk fintech areas such as data privacy, cybersecurity, and third-party governance. - Maintain accurate contract repositories and documentation using tools like Ariba/SAP, ensuring full compliance with internal policies and Hong Kong regulatory requirements (e.g., HKMA guidelines). - Handle procurement tasks including vendor registration, purchase orders, and invoice queries, while incorporating fintech-specific risk and compliance checks. - Monitor and report on vendor performance, spend trends, and emerging risks within the fintech ecosystem. - Contribute to the continuous improvement of procurement processes, focusing on enhancing risk mitigation and compliance in a fast-paced virtual banking environment. - Coordinate closely with internal stakeholders such as Legal, Compliance, Risk, IT, and Finance on sourcing, negotiation, and risk-related matters.
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