The opportunity
Responsible for managing spend category ensuring established standards and specifications for quality and timeliness are met, including but not limited to internal requirement analysis, conducting baseline and market analysis, sourcing strategy development, competitive bidding process, negotiation and contract review for Manulife Philippines, Manulife Chinabank Life and Manulife Investment Management. This role will lead identified procurement initiatives and engage business units, stakeholders and subject matter experts.
Responsibilities
Manages co
ntracts or services for a particular category of service or spend on behalf of Manulife, ensuring established standards and specifications for quality and timeliness are metDevelop category plan that sets short, medium and long term goals and objectives of the assigned category Manage relations with key business partners and project owners to develop/maintain strong working relationships. Engage support and agreement on how to implement the strategy. Influence requirements from business partners necessary to e
valuate and select vendorsIdentifies, negotiates and manages vendor co
ntracts on behalf of Manulife, ensuring that services and products meet established standards and specification for quality and timelinessEngage subject matter experts (such as legal, risk and finance) in support of a specific set of category and/or a business linePromote effective management of vendors to sustain value throughout the life of the contract.Risk management, mitigate risks & create remediation plans to address issuesAssist to manage, co-lead and coach sourcing team members on delivering the KPIs and provide sourcing thought leadership and day-to-day oversight of resource activitiesCommunication and training to BU stakeholders on procurement end to end procedures. Assist in cascading management information and analytics for SourcingParticipate the implementation of sourcing system tools, process improvement and other projects
How will you create impact?
This role reports directly to Director, Procurement Lead Philippines & Emerging Markets Category SME and will provide sourcing thought leadership in identified procurement initiatives.
What motivates you?
You obsess a
bout customers, listen, engage and act for their benefit.You think big, with curiosity to discover ways to use your agile approach and enable business outcomes.You thrive in teams and enjoy getting things done together.You take ownership and build solutions, focusing on what matters.You do what is right, work with integrity and speak up.You share your humanity, helping us build a diverse and inclusive work enviro
nment for everyone.
What we are looking for
College graduate in Business, Supply Chain Management or related fieldsOver 5 years of experience in managing end-to-end sourcing (preferably high spend strategic negotiations in large multinatio
nal corporation or financial service industry experience)Solid analytical skillsStrong cost and risk managementSelf-motivated team player, who has energy and drive, also able to motivate and get the best out of a multi-functio
nal team and matrix organization.Excellent English verbal and written communication skillsComputer proficiency – Word, Excel, Powerpoint Added Advantage:o Experience with leading a sourcing team and procurement systems and toolso Relevant advanced degree or professio
nal certification such as CIPS/CPSM o Extensive knowledge preferably of IT software/SaaS solutions/vendoro Experience and expertise with commercial T&Cs, supplier co
ntractual terms and co
nditions to mitigate legal and business risk
What can we offer you?
A competitive salary and benefits packages.A growth trajectory that extends upward and outward, encouraging you to follow your passions and learn new skills.A focus on growing your career path with us.Flexible work policies and strong work-life balance.Professio
nal development and leadership opportunities.
Our commitment to you
Values-first cultureWe lead with our Values every day and bring them to life together.Boundless opportunityWe create opportunities to learn and grow at every stage of your career.Co
ntinuous innovatio
nWe invite you to help redefine the future of financial services.Delivering the promise of Diversity, Equity and Inclusio
nWe foster an inclusive workplace wher
e everyone thrives.Champio
ning Corporate CitizenshipWe build a business that benefits all stakeholders and has a positive social and enviro
nmental impact.
Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Canada, Asia, and Europe, and primarily as John Hancock in the United States. We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups and institutions. At the end of 2019, we had more than 35,000 employees, over 98,000 agents, and thousands of distribution partners, serving almost 30 million customers.As of September 30, 2020, we had $1.3 trillion (US$943 billion) in assets under management and administration, and in the previous 12 months we made $31.2 billion in payments to our customers. Our principal operations are in Asia, Canada and the United States where we have served customers for more than 155 years. We trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong Kong.