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Associate Director of IT Sourcing
- Global Category Management Responsibility
- Functional Lead for Technology Spend
About Our Client
We have a rare opportunity with leading Financial Investment Firm based in Hong Kong. With almost US$300 bn of assets under management handled across 25 countries worldwide our client is one of the largest Private Financial Investment firms in the world.
These are exciting times within the Firm as the Global procurement function has recently been formed by consolidating procurement teams from around the Globe. With a current team of 30 Procurement professionals handling over US$1bn of spend globally this is now an incredibly agile and strategic procurement operation to be a part of.
The team reports into the Global CFO and is organised into: (i) Technology Sourcing (ii) Non-Technology sourcing and (iii) Procurement Operations; which is based in India and China. The Global Procurement Operations team provide support by way of application ownership, management and governance to procurement and procurement applications as well as providing back office "centre of excellence" delivering technical and administrative support.
To deliver global sourcing and procurement initiatives and on-going supply governance/risk management support for our clients Global procurement activity. The Associate Director of Sourcing seeks to achieve value for money services, maximise operational efficiency, and provide effective risk mitigation and operational controls across the range of supply arrangements our client engages in.
Your key responsibilities will be to execute the development of global category strategies and drive procurement process on a global basis for Technology Procurement. You will lead contracts and Service level agreements and ensure accountabilities, timelines and deliverables are established. In addition you will look to drive change and innovation, levering industry best practice to invariable drive efficiencies and global cost savings.
The Successful Applicant
We are looking for candidates with demonstrable experience in Technology sourcing ideally in Financial or Insurance sectors. Handling significant spend and multi million dollar projects on a Regional or Global level is essential. Given your direct line would be into London and the Global Head of Tech Sourcing, it would be advantageous to have worked in a similar matrix function with strong stakeholder management being an absolute necessity.
What's on Offer
Our client is offering excellent remuneration benefits plus the scope and responsibility of managing a significant area of spend for the organisation. Given the company is expanding, especially within Asia it would be fair to surmise that the visibility and growth potential in this position will only expand with it. If you are looking to get out of typical FS banking and try something where your skill set will be transferable yet without the constrictions which is facing the banking world currently, this could be the role for you.