VP - Procurement

Headquartered in Tokyo, Sumitomo Mitsui Banking Corporation (SMBC) is a leading global financial institution and a core member of Sumitomo Mitsui Financial Group (SMBC Group). Built upon our rich Japanese heritage since 1876, we put our customers first and provide seamless access to, from and within the Asia Pacific region.   SMBC is one of the largest Japanese banks by assets and maintain strong credit ratings across our global integrated network.  We work closely as one SMBC Group to offer personal, corporate and investment banking services to meet the needs of our customers.

With sustainability embedded within our strategy and operations, we are committed to creating a society in which today’s generation can enjoy economic prosperity and well-being, and pass it on to future generations.

• Procurement Strategy: Develop, implement, and execute comprehensive procurement strategies aligned with the organization's goals and objectives.

• Vendor Management: Oversee relationships with suppliers and vendors, contracts, and ensure the procurement of goods and services meets quality and cost standards.

• Procurement Operations: Manage the entire procurement process, from sourcing and ordering to receiving and payment, ensuring timely and cost-effective acquisition while maintaining quality by:

• • Reviewing and approving purchase requisitions.

• Soliciting and evaluating bids from suppliers.
• Placing and tracking purchase orders.
• Ensuring that invoices are accurate and paid promptly.

• Budget Management: Develop and manage the procurement budget, track expenses, and report on cost-saving initiatives.

• Compliance and Risk Management: Ensure compliance with laws, regulations, and company policies in procurement activities and identify/mitigate risks.

• Stakeholder Collaboration: Collaborate with cross-functional teams to align procurement strategies with business objectives and communicate effectively with internal stakeholders.

• Continuous Improvement: Drive continuous improvement initiatives within procurement, including technology adoption and staying updated on industry trends.

Efficient supply chain management: Developing and managing efficient supply chain through agile and innovative methods