Assistant Vice President, Procurement Solutions Specialist – APAC Transformation projects (Job ID: 10077569-WD)

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 pro