Assistant Vice President Professional Services & Insurance Procurement

About the role

The Assistant Vice President will lead the Professional Services and Insurance Procurement function, driving category performance and strategic sourcing for the bank.

Key responsibilities

• Implement KPIs and best practices for the AVP role, promoting cost consciousness and efficiency.
• Act within delegated authority, delegating to staff and monitoring execution.
• Assist internal customers with procurement requests and provide solutions.
• Structure and deploy category management practices, including sub‑segmenting categories and forming cross‑functional teams.
• Consolidate, map and analyse current vendors, contracts and needs to identify improvement levers (buy cheaper, better, less).
• Define and apply best‑practice contracting terms by category.
• Set up robust vendor management, from market analysis to administrative database maintenance and integration with TPRM.
• Organise Supplier Relationship Management according to supplier criticality.

Required profile

• Demonstrated understanding of financial and non‑financial performance drivers in a banking environment.
• Ability to implement KPI frameworks and drive cost‑saving initiatives.
• Experience in supporting senior procurement leadership on end‑to‑end procurement processes.
• Strong stakeholder engagement skills across internal functions.

Required skills