Job Summary
About SC Ventures
SC Ventures is Standard Chartered Bank’s innovation, fintech investment and ventures arm. We were established to reinvent banking, as the significant technological disruptions to the industry was impacting its ability to serve clients and customers, in the ways they needed to be served. We are building ecosystems around high conviction themes including Fintech, Digital Assets, AI, Online Economy & Lifestyle, SMEs & World Trade, and Sustainability & Inclusion. We are a global team of "Members", including dedicated colleagues from the SCB Group's support functions, based in Singapore, Hong Kong, London, and the United Arab Emirates
About SCM
Supply Chain Management (SCM) is responsible for the overall commercial management of how the bank engages and spends money with its external third-party vendors. To meet increasing business and efficiency, the SCM team is looking for a candidate with strong experience in sourcing / third party risk management and the gravitas to engage stakeholders within SCB business function to support key priorities. The successful candidate will be responsible for influencing and executing sourcing and third-party risk management activities in collaboration with various SCV functions and Venture teams.
Key Responsibilities
Act as a Strategic Supply Chain Partner
• Act as an SCM partner to the Ventures, supporting sourcing, onboarding, contracting, and third party related activities.
• Execute sourcing activities in line with SCV and Group sourcing strategies, including RFx, supplier evaluation, negotiation, and selection.
• Liaise with the business functions leads to produce a needs assessment that is aligned to their business plans / strategy.
• Work closely with Group category teams to align ventures to preferred suppliers and approved sourcing channels, where appropriate.
Stakeholder Management
• Engage with senior business and technology stakeholders to understand requirements and convert them into clear sourcing and vendor actions.
• Guide stakeholders through the full procurement and sourcing lifecycle, providing clear, pragmatic advice and maintaining strong working relationships.
Business / Sourcing
• Support and lead commercial negotiations and contracting, working closely with Legal, ensuring contracts are commercially sound, policy compliant, and executed within agreed timelines.
• Leads the contractual negotiation with the supplier, accurately interprets contractual terms into risks, and supports the closing of contractual blockages through to completion.
• Track sourcing outcomes, savings, and vendor data to support reporting, governance, and management decision making.
Processes / Project Management
• Use Group SCM tools and processes (e.g. Ariba, Process Unity) to manage sourcing, approvals, and onboarding activities effectively.
• Ensure sourcing and third party activities comply with Group and SCV policies and standards, applied proportionately for venture contexts.
• Contribute to continuous improvement of SCM processes to make them simpler, faster, and more scalable for ventures.
Risk Management
• Able to direct Contract Owners and ensure engagement risk assessment accuracy as it relates to the Product/Service Category through business and risk teams collaboratively.
• Coordinate and support Third Party Risk Management (TPRM) activities, including monitoring of third risk re assessments, contract renewals, outsourcing records, and ongoing compliance requirements.
• Support ventures with end to end third party lifecycle management, including onboarding, renewals, amendments, and exits.
• Supporting Venture to manage third party lifecycle including Day 2 vendor/contract management activities i.e., ensuring risk assessments, outsourcing registry are up to date, contract renewal executed timely etc.
Key Stakeholders
• Key stakeholder interactions are Venture Business / Function Heads in Singapore
• SCM Group teams; Group Heads, Category Managers, In country sourcing & governance managers
• Cross functional teams during strategic sourcing events & third party risk management activities. This include, but not limited to, Business stakeholders, Legal, Compliance, Tax and Finance
Skills and Experience
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Strong executor mindset with clear ownership; able to drive multiple third‑party requests end‑to‑end until the vendors are onboarded and contracts are signed.
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Good working knowledge of contracts & familiar with legal agreements
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Highly effective at coordinating and following up with requestors, approvers, Legal, Risk, Tech and suppliers to keep processes moving.
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Comfortable operating at pace, managing multiple third‑party engagements in parallel, and engaging confidently with senior stakeholders across multi‑party environments.
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Strong experience in Supply Chain Management / Procurement with hands‑on experience with sourcing, supplier selection, commercial negotiations, and contracting, including use of Ariba other supply chain / procurement systems.
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Candidates with lighter sourcing experience but strong delivery, coordination, and stakeholder skills will also be considered - experience in banking or financial services, including use of Ariba or similar tools, contract management, and exposure to TPRM and outsourcing requirements, would be a strong advantage.
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Good analytical and project management skills, including Excel/MS O365 and spend data analysis, would be a strong advantage.
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Excellent communication and stakeholder management skills.
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Procurement / Supply Chain Tools (e.g., SAP Ariba etc.)
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Excel for tracking vendors, approvals, renewals, spend etc.
- MS O365
Qualifications
• At least 8 years’ working experience in procurement and/or vendor management (in Technology and Corporate Services category) and project management.
• Holds at least a bachelor’s degree, preferably in Purchasing, Supply Chain Management, Economics or Business Administration
• Fluent in English