IT Procurement Specialist - Banking [Up to 45K/mth]

Job Responsibilties  - Cost Management and Control: - Prepare and analyze tender documents, bid proposals, and contractor quotations to ensure competitive pricing and value for money. - Perform cost analysis and value engineering to identify potential savings without compromising quality or project scope. - Monitor project costs throughout the lifecycle, identify variances, and implement corrective actions. - Procurement and Vendor Management: - Develop and execute procurement strategies for materials, equipment, and services required for renovation projects, working in conjunction with Calibra for initial sourcing. - Compare and analyze vendor/subcontractor bid-day quotes and proposals, conducting strong negotiations to secure the most favorable terms and pricing. - Communicate effectively with main contractors, subcontractors, and vendors regarding project requirements, specifications, and timelines. - Establish and maintain a comprehensive procurement log for subcontractor and vendor material(s)/equipment. - Evaluate vendor performance and manage vendor relationships to ensure high-quality service and timely delivery. - Contract Management: - Assist in drafting, reviewing, and administering contracts with contractors and suppliers. - Ensure compliance with contractual terms and conditions, including payment schedules, variations, and claims. - Manage and resolve any contractual issues or disputes that may arise during the project. - Project Support and Coordination: - Participate in regular project meetings to provide procurement and cost-related insights. - Review and coordinate with end-user requirements to ensure procurement aligns with operational needs and Procurement standards. Job Requirements - Diploma or Degree in Business, Procurement & Supply Chain Management, Commerce, Engineering or related fields. - At least 3–5 years of relevant experience in procurement or cost management, preferably for IT-related categories, but not a must  - Exceptional negotiation skills are critical for this role, alongside excellent conflict resolution and communication skills (both written and verbal). - Strong analytical and problem-solving abilities with keen attention to detail. - Ability to build and maintain effective relationships with internal stakeholders and external vendors/contractors. - Proactive, organized, and capable of managing multiple priorities in a fast-paced environment. - Fluency in English and Cantonese communication is a must

• Procurement Officer - Industrial and Commercial Bank of China (Asia) Limited

  Industrial and Commercial Bank of China · Hong Kong SAR