Head of Procurement - Financial Institution

About Our Client

Our client is a leading international financial institution with a strong presence across Asia Pacific and a reputation for delivering innovative solutions to millions of customers globally. Following continued business growth and strategic transformation initiatives, they are seeking a seasoned procurement leader to head their Procurement function in Hong Kong.

Job Description

• Develop and execute the procurement strategy in alignment with business objectives and corporate transformation initiatives.
• Lead all procurement activities across indirect spend categories, including Technology, Professional Services, Facilities Management, Marketing, Human Resources, and Corporate Services.
• Establish and enhance category management, sourcing governance, and supplier risk management frameworks.
• Drive strategic sourcing initiatives and commercial negotiations to achieve cost optimisation and value generation objectives.
• Build strong relationships with business stakeholders and executive leadership, acting as a trusted procurement advisor.
• Manage a portfolio of strategic suppliers, ensuring performance, operational resilience, and regulatory compliance.
• Identify opportunities to improve procurement processes, systems, and digital capabilities.
• Lead, coach, and develop a high-performing procurement team.
• Ensure procurement practices adhere to internal governance requirements and applicable regulatory standards.
• Monitor market trends, supplier innovation, and emerging risks to support business continuity and long-term growth.

The Successful Applicant

• Degree qualified in Supply Chain, Procurement, Business Administration, Finance, or a related discipline.
• Professional qualifications such as CIPS, CPSM, or equivalent are advantageous.
• Proven track record leading procurement functions within financial services, insurance, banking, or other highly regulated industries.
• Deep expertise in strategic sourcing, supplier relationship management, contract negotiations, and category management.
• Strong knowledge of third-party risk management and procurement governance.
• Excellent stakeholder management skills with the ability to influence senior executives.
• Commercially astute with strong analytical and problem-solving capabilities.
• Experience leading procurement transformation, digitalisation, or operating model improvement initiatives is highly desirable.
• Excellent communication skills in English; Cantonese and/or Mandarin would be an advantage.

What's on Offer

• Opportunity to lead procurement for a renowned international financial institution.
• High-profile role with direct exposure to senior leadership.
• Strategic and transformational mandate with significant business impact.
• Competitive executive compensation package, bonus, and comprehensive benefits.
• Dynamic, collaborative, and inclusive working environment with strong career development prospects.