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VP, Procurement Operations Team Lead

External
ocbc logoOcbc · Ocbc, Singapore
Full-timeOn-site2w ago
ComplianceDocumentationLeadershipProcess ImprovementRisk ManagementSAP
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About the role

As Singapore's longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires. Today, we're on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia's leading financial services partner for a sustainable future. We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career. Your Opportunity Starts Here.

Requirements

  • Bachelor's degree in business administration, Procurement, Supply Chain, Finance, or related discipline.
  • Minimum 10 years of relevant experience in procurement operations, vendor management, or shared services environment, preferably within financial institutions or regulated industries.
  • Minimum 2-3 years in a supervisory or team lead capacity, with demonstrated experience managing teams and overseeing operational delivery.
  • Proven experience in supplier due diligence (KYV), supplier onboarding, and procurement governance frameworks.
  • Prior exposure to banking, financial services.
  • Hands-on experience with procurement and ERP systems (e.g., Infinus, SAP, Ariba, Oracle), including supplier master data and PO lifecycle management.
  • Experience in process improvement, system implementation, or digital transformation initiatives would be an added advantage.
  • Ability to lead, coach, and develop a high-performing operations team, with strong oversight on workload prioritization, productivity, and staff development.
  • Strong understanding of procurement operations, including KYV due diligence, supplier lifecycle management, master data governance, and PO processes within a controlled environment.
  • Solid knowledge of regulatory requirements, AML screening, third-party risk management, and internal control frameworks, with the ability to enforce compliance a

Benefits

How you succeedAs Team Lead, you will oversee end-to-end procurement operations, ensure efficient execution of supplier due diligence (KYV), supplier lifecycle management, and purchase order processes, while maintaining strong governance, compliance, and service standards across all business units.What you doTeam Leadership & Operational OversightLead and supervise the Procurement Operations team (KYV and PO issuance)Allocate workload and ensure service delivery within agreed timelinesProvide guidance, training, and performance management to team membersDrive continuous improvement initiatives and process optimizationAct as escalation point for complex or exception casesSupplier Due Diligence (KYV Governance)Oversee execution of KYV checks including AML, COI, adverse news, litigation, and financial assessmentsReview and approve KYV reports prior to submission to stakeholdersEnsure timely completion and tracking of KYV requestsEnsure periodic KYV reviews (minimum every 2 years) are conductedManage exceptions and escalate high-risk cases to Head of CPO for approvalPurchase Order (PO) GovernanceOversee PO issuance process and ensure adherence to procurement policiesEnsure proper validation of supporting documents (contracts, approvals, quotations)Monitor compliance with approval limits and procurement guidelinesManage escalations relating to policy deviations or non-complianceEnsure efficient processing, tracking, and closure of POsCompliance, Risk & Audit ManagementEnsure full compliance with:Group Procurement PolicyThird-Party Risk Management requirementsRegulatory and internal audit standardsMaintain robust audit trails and documentationIdentify operational risks and implement mitigating controlsSupport internal and external audit reviewsProcess Improvement & TransformationIdentify process inefficiencies and propose automation or system enhancementsDrive standardization across procurement operations workflowsAnalyse volume trends (e.g., supplier admin, KYV, PO) to optimize resource allocationSupport digital transformation initiatives (e.g., Infinus, supplier portal improvements)

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