Head of Procurement - Financial Institution

Our client is a leading financial institution and they are looking for a Head of Procurement position. This is a rare opportunity to shape procurement strategy, drive commercial value, and partner with senior business leaders across a complex and highly regulated environment. Client Details Our client is a leading international financial institution with a strong presence across Asia Pacific and a reputation for delivering innovative solutions to millions of customers globally. Following continued business growth and strategic transformation initiatives, they are seeking a seasoned procurement leader to head their Procurement function in Hong Kong. Description Develop and execute the procurement strategy in alignment with business objectives and corporate transformation initiatives. Lead all procurement activities across indirect spend categories, including Technology, Professional Services, Facilities Management, Marketing, Human Resources, and Corporate Services. Establish and enhance category management, sourcing governance, and supplier risk management frameworks. Drive strategic sourcing initiatives and commercial negotiations to achieve cost optimisation and value generation objectives. Build strong relationships with business stakeholders and executive leadership, acting as a trusted procurement advisor. Manage a portfolio of strategic suppliers, ensuring performance, operational resilience, and regulatory compliance. Identify opportunities to improve procurement processes, systems, and digital capabilities. Lead, coach, and develop a high-performing procurement team. Ensure procurement practices adhere to internal governance requirements and applicable regulatory standards. Monitor market trends, supplier innovation, and emerging risks to support business continuity and long-term growth. Profile Degree qualified in Supply Chain, Procurement, Business Administration, Finance, or a related discipline. Professional qualifications such as CIPS, CPSM, or equivalent are advantageous. Proven track record leading procurement functions within financial services, insurance, banking, or other highly regulated industries. Deep expertise in strategic sourcing, supplier relationship management, contract negotiations, and category management. Strong knowledge of third-party risk management and procurement governance. Excellent stakeholder management skills with the ability to influence senior executives. Commercially astute with strong analytical and problem-solving capabilities. Experience leading procurement transformation, digitalisation, or operating model improvement initiatives is highly desirable. Excellent communication skills in English; Cantonese and/or Mandarin would be an advantage. Job Offer Opportunity to lead procurement for a renowned international financial institution. High-profile role with direct exposure to senior leadership. Strategic and transformational mandate with significant business impact. Competitive executive compensation package, bonus, and comprehensive benefits. Dynamic, collaborative, and inclusive working environment with strong career development prospects. To apply online please click the 'Apply' button below. For a confidential discussion about this role please contact Stephanie Kwan on +852 3602 2443 .