# Senior IT Sourcing Lead VP

> Fuku · Singapore, Singapore · Full-time · Posted 2026-05-19

**Workplace:** on_site

## Description

Senior IT Sourcing Lead (VP)  
  
We are seeking an experienced Senior Strategic Sourcing Lead – IT to join our Banking client. This is a critical leadership role responsible for driving strategic sourcing initiatives, managing complex vendor relationships, and overseeing end-to-end procurement processes for large-scale IT engagements. You will play a key role in optimizing supplier performance, mitigating risks, and delivering cost-efficient, high-value outcomes aligned with the organisation’s strategic objectives.  
  
Key Responsibilities:  
\- Lead strategic sourcing initiatives for IT categories across the banking domain.  
\- Manage the full procurement lifecycle, including market analysis, RFx development (RFI/RFP/RFQ), evaluation, negotiation, and contract award.  
\- Oversee large and complex IT contracts, ensuring compliance, performance, and value delivery.  
\- Develop and maintain strong vendor relationship management frameworks, including governance, performance metrics, and continuous improvement initiatives.  
\- Conduct commercial negotiations to achieve favourable terms, cost savings, and risk mitigation.  
\- Identify, assess, and manage supplier and contractual risks, ensuring alignment with regulatory and organisational requirements.  
\- Collaborate with internal stakeholders (IT, Risk, Legal, Finance) to align sourcing strategies with business needs.  
\- Drive supplier innovation, cost optimisation, and service excellence.  
\- Monitor market trends and emerging technologies to inform sourcing strategies.  
  
Required Skills & Experience:  
\- Minimum 15 years of experience in strategic sourcing and procurement within IT, preferably in the banking or financial services industry.  
\- Strong track record in vendor management and managing strategic supplier relationships.  
\- Extensive experience handling large, high-value contracts and complex negotiations.  
\- Demonstrated ability to run end-to-end tender processes (RFP/RFQ lifecycle).  
\- Solid understanding of risk management principles, including contractual, operational, and third-party risk.  
\- Strong commercial acumen with excellent negotiation and stakeholder management skills.  
\- Familiarity with regulatory environments in banking/financial services is highly desirable.  
\- Exceptional communication, analytical, and problem-solving abilities.  
  
Interested candidates please email your latest resume to subagio@tangspac.com

## Apply

[Apply at Fuku](https://apply.workable.com/fuku/j/8CF5072EE6/apply)

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