Assistant Vice President, Procurement

Responsibilities

• Independent Procurement Delivery
• Manage the full spectrum of procurement activities independently with minimal supervision, from demand planning through sourcing, negotiation, contracting, and supplier management
• Handle multiple concurrent sourcing projects across IT categories with accountability for timely and high-quality delivery
• Ensure consistent application of procurement policies, governance, and best practices
• Strategic Sourcing & Category Management
• Develop and implement category strategies across IT spend areas including hardware, software, telecom, and IT services
• Lead end-to-end sourcing initiatives (RFI, RFP, RFQ, tendering), ensuring robust commercial outcomes
• Establish and embed category management practices, driving adoption across the organization
• Continuously assess market trends, supplier landscape, and emerging technologies to inform sourcing strategies
• Commercial & Contract Management
• Lead complex commercial negotiations, including pricing, licensing models, SLAs, and contractual terms
• Partner with Legal and Risk functions to ensure contracts are robust and aligned with regulatory requirements
• Identify and deliver cost optimization opportunities while balancing quality and service performance
• Supplier & Stakeholder Management
• Build and manage strategic supplier relationships to drive performance, innovation, and long-term value
• Establish supplier performance frameworks, including KPIs and governance cadence
• Act as a trusted advisor to business stakeholders, influencing demand management and procurement decisions
• Support to VP on Critical Initiatives
• Support the VP of IT Procurement in high-value, complex, and business-critical sourcing initiatives, including major transformation programs and strategic vendor engagements
• Contribute to bid strategy, commercial positioning, negotiation approach, and executive-level stakeholder alignment
• Provide analytical insights, market intelligence, and negotiation support for key tenders
• Compliance & Governance
• Identify, assess, and mitigate commercial, contractual, and operational risks within IT procurement categories
• Ensure all procurement activities are compliant with internal policies, governance frameworks, and regulatory standards
• Support audit and control processes as required
• Value Delivery & Transformation
• Drive procurement excellence initiatives, including process improvements and supplier consolidation
• Contribute to procurement digitalization and tool enhancements
• Support transformation initiatives through strategic sourcing insights
• General
• Support ad hoc procurement initiatives and cross-functional projects as required
• Qualifications & Experience Requirements:
• Bachelor's degree in Procurement, Supply Chain Management, Business or related discipline is preferred
• At least 10-15 years of strategic IT sourcing experience in large organizations and has proven cost savings track record
• CIPS qualified or equivalent qualifications is an advantage
• Strong exposure to IT categories in scope, product knowledge, supplier and market dynamics, business models, contract negotiation, implementation and supplier relationship management.
• Track record of category management implementation and ability to launch it and train others.
• Must be able to adapt well to changes, thrive under pressure and cope with stringent project timelines.
• Excellent stakeholder management skills in developing relationships and able to communicate effectively across all levels of the organisation.
• Self-starter, high integrity, business acumen and strong negotiation skills
• Strong analytical, communication and interpersonal skills
• Excellent written and spoken English and Chinese
• Experience in using procurement tool is preferred
• Proficient with MS Office
• HKEX is committed as an Equal Opportunity Employer. Diver

Benefits

Additional Information

Company Introduction: We're home to Asia's most dynamic and vibrant capital markets. Connecting capital, ideas, inspiration and innovation for deeper, more diverse and liquid global capital markets; providing greater choice and opportunity for our customers, each and every day. HKEX is a purpose-driven company. Our commitment to the long-term development of our business and our markets is articulated in our purpose: "To Connect, Promote and Progress our Markets and the Communities they support for the prosperity of all." Job Summary: The Assistant Vice President, IT Procurement sits within the Procurement function under the Finance Division and plays a key role in driving strategic sourcing outcomes across technology categories. This role is accountable for independently managing end-to-end procurement activities, driving category strategies, and delivering measurable value through cost optimization, risk mitigation, and supplier innovation. The AVP will act as a strategic partner to business stakeholders while also supporting the VP of IT Procurement in high-value and business-critical sourcing initiatives. Job Duties:

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