What are the responsibilities and job description for the AVP / VP, Outsourcing Risk & Contract Management (JRI-4379) position at THE JAPAN RESEARCH INSTITUTE, LTD.?
The successful candidate will work under the Planning and Governance team in JRI, with a focus in, but not limited to, outsourcing risk & contract management for JRI and SMBC.
As part of the Planning team, you will support planning, development and implementation of new initiatives to improve the IT organisation. You will perform day-to-day operation to support the IT procurement, IT outsourcing risk management, vendors and contract management, central contract register maintenance, as well as providing support in vendor onboarding and contract engagement process in compliance with company rules and local regulatory requirements.
Job Responsibilities
- Support Project Managers to perform due diligence on new and existing third-party service engagements according to the prevailing Third-Party Risk Management Framework.
- Support vendor onboarding and contract engagement processes including service classification, risk assessment and materiality check etc.
- Maintain central contract register and contract repository for the entire IT organization.
- Keep abreast of the Company’s local and Head Office rules, and local regulatory requirements (eg. PDPA, MAS Outsourcing Guidelines etc.) on vendor engagement and service outsourcing.
- Liaise with various stakeholders (vendors, Project Managers and Legal & Compliance Department) on the review of clauses in new contracts to ensure that all the clauses, including both legal and commercial terms are acceptable.
- Act as the contract owner to onboard and manage the contracted onshore and offshore vendors with multiple sub-contracts.
- Establish procurement process and guidelines for the IT Department, including RFP and tendering process.
- Establish rate card for standard goods and services as a benchmark for the IT organization.
- Perform analysis on procurement patterns based on procurement history and contract register to identify potential benefits from vendor consolidation.
- Assimilate the vision and strategies of IT Management to plan and implement initiatives accordingly.
- Propose and develop processes for new initiatives and operationalize them, in order to improve the IT organization.
- Promote centralization initiatives across different teams within the Asia Pacific region to optimize resource utilization and improve process efficiency.
Job Requirements
J-18808-Ljbffr
