Assistant Director - Procurement Lead

Roles & Responsibilities

Reporting to the Head of Procurement and Third Party Risk Management (TPRM), the role will be responsible for providing procurement expertise, support and leadership in governing procurement spend, managing material vendor relationships (at the region) and third-party vendor risks across all Eastspring local business units. The role will also look at driving efficiency and effectiveness of the end-to-end procurement process and managing third party risk from on-boarding to termination of relationship.

The role will align procurement, material vendor relationship and risk management strategies with Eastspring Investment’s overall business priorities. The role is also responsible for aligning, tailoring and cascading Prudential Group’s procurement and third party risk management “TPRM” strategies, policies and procedures to be implemented by the downstream functions and Local Business Units (LBU).

KEY ACCOUNTABILITIES

Responsibilities include, but are not limited, to the following :

• Lead the team of Procurement professionals in Head Office and all Eastspring entities
• Lead the transformation of the Procurement Function to drive process efficiency and value creation
• Develop and keep up to date a comprehensive set of policies and procedures relating to Procurement and Third Party Vendor and Risk Management procedures, Procurement standard operating procedures, Outsourcing Management procedures and related third party policies and procedures, to ensure policy requirements are understood, adhered to and documented while performing vendor selection, contracting and due diligence activities.
• Establish governance and operating model in LBUs to ensure compliance to Procurement and TPRM policies and procedures.
• Manage third party vendor relationship to optimise service or product delivery, manage spend, while ensuring that ESI interests are protected

Third Party Risk Management

Procurement Management

EXPERIENCE / QUALIFICATIONS

Tell employers what skills you have

Negotiation

Vendor Relationships

Assessing

Outsourcing

Supply Chain

Purchasing

Risk Management

Category Management

Procurement Management

Procurement

Tailoring

Value Creation

Strategic Sourcing

Third Party Relationships

Service Delivery