Procurement Assistant Manager

The opportunity

The Procurement Assistant Manager is 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 contracts or services for a particular category of service or spend on behalf of Manulife, ensuring established standards and specifications for quality and timeliness are met
• Develop 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 evaluate and select vendors
• Identifies, negotiates and manages vendor contracts on behalf of Manulife, ensuring that services and products meet established standards and specification for quality and timeliness
• Engage subject matter experts (such as legal, risk and finance) in support of a specific set of category and/or a business line
• Promote effective management of vendors to sustain value throughout the life of the contract.
• Risk management, mitigate risks & create remediation plans to address issues
• Assist 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 activities
• Communication and training to BU stakeholders on procurement end to end procedures. Assist in cascading management information and analytics for Sourcing
• Participate 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 about 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 environment for everyone.
  
  

What We Are Looking For

• College graduate in Business, Supply Chain Management or related fields
• Over 5 years of experience in managing end-to-end sourcing (preferably high spend strategic negotiations in large multinational corporation or financial service industry experience)
• Solid analytical skills
• Strong cost and risk management
• Self-motivated team player, who has energy and drive, also able to motivate and get the best out of a multi-functional team and matrix organization.
• Excellent English verbal and written communication skills
• Computer proficiency – Word, Excel, Powerpoint
• Added Advantage:
• Experience with leading a sourcing team and procurement systems and tools
• Relevant advanced degree or professional certification such as CIPS/CPSM
• Extensive knowledge preferably of IT software/SaaS solutions/vendor
• Experience and expertise with commercial T&Cs, supplier contractual terms and conditions 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.
• Professional development and leadership opportunities.
  
  

Our commitment to you

• Values-first culture We lead with our Values every day and bring them to life together.
• Boundless opportunity We create opportunities to learn and grow at every stage of your career.
• Continuous innovation We invite you to help redefine the future of financial services.
• Delivering the promise of Diversity, Equity and Inclusion We foster an inclusive workplace where everyone thrives.
• Championing Corporate Citizenship We build a business that benefits all stakeholders and has a positive social and environmental impact.
  
  

About Manulife And John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.

Manulife is an Equal Opportunity Employer

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact [email protected].

Working Arrangement

Hybrid