Job Description

GIC is one of the world\xe2\x80\x99s largest sovereign wealth funds. With over 2,000 employees across 11 locations around the world, we invest in more than 40 countries globally across asset classes and businesses. Working at GIC gives you exposure to an extraordinary network of the world\xe2\x80\x99s industry leaders. As a leading global long-term investor, we Work at the Point of Impact for Singapore\xe2\x80\x99s financial future, and the communities we invest in worldwide.

Corporate Administration & Infrastructure Department

We strive to provide the best work environment for our employees to enable them to deliver their best performance.

Corporate Procurement

You will be empowered to deliver real tangible value and savings through strategic sourcing, so GIC can use its joint purchasing power to extract the best possible value from the marketplace. You will also help to ensure that GIC sources its goods and services from vendors and service providers with responsible and sustainable business practices to safeguard GIC\xe2\x80\x99s reputation.

We are looking for a suitably qualified candidate to join our Enterprise Sourcing and Procurement team as an Associate/Assistant Vice President.

What impact can you make in this role?

You will help handle GIC\'s global workplace management with centre of excellence skills.

What will you do as an Associate/AVP, Enterprise Sourcing and Procurement?

Liaise closely with internal stakeholders on their procurement needs and budget

• Perform end-to-end sourcing and procurement functions and activities
• Provide support and guidance to stakeholders on commercial negotiation strategies with vendors
• Manage the e-Procurement system and procurement operations e.g. procure to pay process
• Manage end-to-end vendor lifecycle which include initial due diligence, engagement, negotiation and performance monitoring
• Manage vendor contracts to ensure due performance and continuity of essential services
• Develop and sustain collaborative relationships with vendors and be responsible for communicating and resolving procurement related issues
• Propose enhancements to the procurement framework for continuous improvements
• Liaise closely with internal stakeholders on their procurement needs and budget
• Partner stakeholders to ensure governance and control requirements, and adherence to practices and frameworks of the corporate policies
• Participate in work process improvement initiatives and projects
• Assist management in identifying cost saving and optimization opportunities
• Support the development, implementation and execution of sourcing and negotiation strategies for key areas to achieve short- and long-term saving targets

What qualifications or skills should you possess in this role?

• Good degree with 3-6 years of relevant work experience relating to the job description
• Tech savvy; passionate in exploring and learning new skills and knowledge
• Resourceful and has broad knowledge of procurement practices, and vendors management
• Experienced in category management, procurement and sourcing, contract, and commercial negotiation, financial, and contract management
• Experienced in change management, risk management and vendor management
• Possesses strong interpersonal skills and be able to interact with internal stakeholders at varying levels in the organization
• Strong team-player and yet exhibit independence in driving and delivering business outcomes
• Demonstrated ability to establish priorities, manage multiple tasks with poise and discretion in a fast-paced environment. Willing to go the extra mile to attend to urgent requests
• Excellent written and communication, and negotiation skills
• Structured in thought process, with excellent planning and organizational ability

Work at the Point of Impact

We need to be forward-looking to attract the right people to help us become the Leading Global Long-term Investor. Join our ambitious, agile, and diverse teams - be empowered to push boundaries and pursue innovative ideas, share your views, and be heard. Be anchored on our PRIME Values: Prudence, Respect, Integrity, Merit and Excellence, which guides us in how we make our day-to-day decisions. We strive to inspire. To make an impact.

GIC is a Great Place to Work

At GIC, we believe sustainable high performance is driven by high expectations and a commitment to excellence, as well as empowerment and flexibility. As such, we currently operate under a hybrid model in which most employees spend 3-4 days in office and 1-2 days working from home each week. This balance allows us to preserve the \xe2\x80\x98office as a hub\xe2\x80\x99 for ideation, professional growth, and interpersonal connection, while giving our employees the flexibility to do their best work and be their best selves.

GIC is an equal opportunity employer

GIC is an equal opportunity employer, and we value diversity. We do not discriminate based on race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.

Please email grphrodtaops@gic.com.sg at any point of the application or interview process if adjustments need to be made due to a disability.

Learn more about our Corporate Administration & Infrastructure Department here:

https://gic.careers/group/corporate-administration-infrastructure-department/

GIC