Assistant Vice President, Procurement Solutions Specialist – APAC Transformation projects

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 150,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.

Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.

Purpose of the role

Reporting into the Planning Office for Asia, as a Procurement Solutions specialist, you will be contributing to Procurement functional strategy, as well as category strategy development in Non-IT procurement goods and services, including sourcing execution, enterprise governance design and third-party management processes.

The ideal candidate is a Procurement generalist with broad spectrum of knowledge across indirect categories. Specific experience with regional strategic sourcing, supplier risk and performance management would be required, with good-to-have primary knowledge of contracting. This role is envisioned to shape thought leadership in end-to-end third-party management, and regional policy governance to the branches in the region around procurement activities. The role would have opportunity to take lead in strategic sourcing and system delivery projects as a direct contributor or program manager supporting roll out in branches.

This role is pivotal in identifying and realizing optimization and efficiency initiatives that deliver real business value in external spend categories across all MUFG’s business units, engaging closely with local and regional/global representative offices based in the Asia Pacific region, outside of Japan. High resilience, agility to change and desire to champion transformation for better, are key to the persona of this role for success enablement.

Job Responsibilities:

• Lead and execute third party management initiatives, category sourcing strategies that optimise and deliver TCO value in the indirect procurement of goods and services.

• Responsible for setting and achieving performance goals / metrics to improve total delivered / lifecycle cost of ownership, quality, and services.

• Partner internally and externally to drive supplier-enabled innovation solutions

• Review and manage continuous improvement of operational workflows around Procurement and Third-Party engagement activities while maintaining compliance standards.

• Update Procurement policies and tools in synergy with other functional policies to drive holistic Third-Party management and lead the education of internal stakeholders, branch Procurement teams on procedures to assure compliance and best practices.

• Identify and achieve financial target and/or KPI(s) in supplier negotiations, driving end to end program delivery.

• Utilize collaborative procurement for business partnering and competitive benchmarking processes to assure continuous improvements in quality, account and service performance, and maximize the value to CRL.

• Support regional, cross-regional to global contractual relationships in collaboration with functional and procurement members to ensure effective supplier onboarding and management.

• Leverage data analytics to monitor progress and showcase areas of opportunity in MUFG’s Source-to-Contract transformation, enabling measured improvements in third party management against key business objectives.

• Develop internal relationships to translate business strategy to actionable program plans in third party procurement, management activities and measurable business value (cost savings, efficiency, risk reduction).

• Influence stakeholders across the organization in envisioning enterprise value and efficiency to drive uptake success of category programs and tool utilization.

• Ensure communication training and adoption strategies are executed to drive organization change management and mitigate change resistance risks.

• Ensure timely updates to assure sustainable adoption of continuous improvement in processes, technology and ways of working.

• Support close partnership with functional offices (not limited to Legal, Finance, Compliance and Risk offices) to ensure optimized outreach and management of third-party (supplier) in terms of regulatory compliance, performance and relationship management.

Job Requirements:

• At least 4-5 years of experience in procurement, supply chain category management, or supplier management.

• Bachelor’s degree preferred, or an equivalent combination of education and relevant work experience in areas such as procurement, business administration, project management, or operations management.

• Experience in the banking or financial services sector is advantageous.

• Proficient in the Microsoft Office 365 suite, with strong skills in Excel, PowerPoint, and Word.

• Familiarity with procurement or risk assessment platforms such as Zycus, Ariba, Coupa, SAP, ServiceNow, as well as analytical tools.

• Knowledge of commercial contracts or outsourcing legal frameworks is an added advantage.

• Demonstrated ability to independently plan and prioritize tasks.

• Strong customer engagement and relationship management skills.

• Excellent interpersonal and communication abilities, both written and verbal.

• Proven problem-solving capabilities and project management expertise.

• Results-oriented, with a track record of effective collaboration within cross-functional teams in an international setting.

• Skilled in developing negotiation strategies that address project sponsorship, commercial, and contractual considerations.

We regret to inform that only shortlisted applicants will be notified.

Mitsubishi UFJ Financial Group (MUFG) is an equal opportunity employer. We view our employees as our key assets as they are fundamental to our long-term growth and success. MUFG is committed to hiring based on merit and organsational fit, regardless of race, religion or gender.