We are seeking a highly skilled and motivated Procurement Risk, Compliance, and Contract Management Officer to join Corporate Procurement. The ideal candidate will be responsible for developing, implementing, and overseeing risk management strategies and compliance programs to ensure the organization meets all regulatory requirements. This role will also manage the contract life cycle, from negotiations through execution, ensuring alignment with organizational goals and compliance standards.

Key Responsibilities:

Risk Management:

o Identify, assess, and prioritize procurement risks to the organization’s assets, reputation, and stakeholder value.

o Develop and implement procurement risk management frameworks and strategies in line with industry best practices.

o Monitor and report on procurement risk exposure, providing timely updates and recommendations.

o Collaborate with various departments to ensure risk management practices are embedded in all business processes.

Compliance Management:

o Identify procurement compliance policies, procedures, and programs to adhere to relevant laws, regulations, and internal policies.

o Conduct regular procurement compliance assessments, audits, and risk assessments to identify gaps and recommend corrective actions.

o Stay current with industry regulations and emerging compliance trends; provide guidance on compliance matters across the organization.

o Serve as the primary contact for regulatory agencies and facilitate any audits or inspections.

Contract Management:

o Oversee the procurement contract management process, including negotiation, drafting, review, and execution of contracts.

o Ensure that procurement contracts comply with organizational policies and applicable laws, minimizing legal risks.

o Provide guidance and support to Category Management Department in contract-related matters to optimize business opportunities and minimize risks.

o Maintain an organized repository for all procurement contracts and related documents to facilitate easy access and retrieval.

Reporting and Documentation:

o Develop and maintain comprehensive documentation of procurement risk management and compliance processes.

o Prepare and present reports to management and stakeholders on procurement risk assessments, compliance status, and contract management activities.

Other Tasks:

o Foster a culture of procurement compliance and risk awareness across the organization through training and communication programs.

o Performs other related functions that may be assigned by the immediate supervisor, Procurement Governance Head and/or Director, Corporate Procurement.

Desired Competencies:

1. Critical Thinking

2. Stakeholder Management

3. Project Management

4. Leadership, Teamwork and Guidance

5. Innovation and Risk-Taking

6. Strategy & Execution

Qualifications:

• Bachelor’s degree in Business Administration, Finance, Legal Management, or a related field; a Master's degree or relevant professional certification is an advantage.
• Minimum of 3-5 years of experience in risk management, compliance, and contract management.
• Strong understanding of industry regulations, risk assessment methodologies, and contract law.
• Proven ability to analyze complex issues, develop solutions, and drive project execution.
• Exceptional communication, negotiation, and interpersonal skills.
• Proficient in Microsoft Office Suite and experience with risk management and compliance software tools.

Please refer to job description.