Maintain and update the supplier segmentation model (high, medium, low risk) aligned with Procurement's risk-based management framework.
Partner Risk Management Group, Compliance, and Legal to align procurement processes with MAS 654/658 and Outsourcing Guidelines.
Define and maintain supplier risk KPIs, dashboards, and reporting cadence at the appropriate Risk Forums.
2. Due Diligence & Risk Assessment
Develop and maintain due diligence governance across procurement lifecycle.
Ensure risk mitigation actions are tracked to closure.
Support risk evaluation/review with key stakeholders, aligning with Third Party Risk Management (TPRM) requirementsf or new and renewing suppliers, ensuring proper documentation and escalation where required.
3. Ongoing Monitoring & Control
Manage ongoing supplier risk monitoring, leveraging AI-enabled tools for adverse news, sanctions, and financial alerts.
Escalate emerging risks or supplier deterioration to relevant business and risk stakeholders.
Partner with category managers and TPRM teams on remediation plans and exit strategies for high-risk suppliers.
Prepare periodic reports for management assurance reviews.
4. Continuous Improvement & Collaboration
Drive process improvements to streamline supplier risk reviews and automate repetitive steps through workflow tools (e.g., WorkFlow WorkBench-WFWB, CLMS, Coupa).
Collaborate with GPS Digital Enablement and Control Tower teams to enhance data quality and analytics for supplier intelligence.
Qualifications & Experience
Bachelor's Degree in Business, Supply Chain, Risk Management, or related discipline.
Minimum 8-10 years of procurement in critical infra, or operational categories or risk management experience, ideally in financial services or multinational organizations.
Strong knowledge of MAS TPRM and Outsourcing requirements preferred
Proven track record in managing supplier risk and due diligence governance.
Proficiency in digital procurement tools (e.g., Coupa) and data visualization platforms (e.g., Tableau).
Key Competencies
Strategic thinking and ability to connect supplier risk with business continuity.
Strong stakeholder management and communication across cross-functional teams.
Analytical mindset with proficiency in data-driven decision-making.
Self-starter with ability to work independently and drive process improvements.
Comfortable working in a fast-paced, regulated and digitally transforming environment.
Success Measures
Strengthen supplier resilience through early identification and mitigation of risk exposures with key stakeholders (Contract Owner, Sourcing, Legal, Compliance, etc)
Embed risk-based governance with differentiated oversight across Outsourcing and TPRM-Risk profiles
Establish continuous monitoring using WFWB and AI-driven insights for proactive risk detection and escalation.