Procurement Manager (Global Financial Institution)

We are seeking an experienced Procurement Manager to support a leading Financial Institution's Corporate Real Estate portfolio across Hong Kong. The role will lead end-to-end procurement and vendor management activities for workplace, office fit-out, capital projects, infrastructure, and construction-related services.  The successful candidate will develop sourcing strategies, manage competitive tender processes, negotiate commercial agreements, mitigate vendor risk, and drive best-value outcomes while ensuring compliance with client procurement governance, risk, and regulatory requirements.  Key Responsibilities    Procurement Strategy & Category Management  • Develop and implement procurement and sourcing strategies for corporate real estate, workplace, fit-out, construction, professional services, furniture, facilities, and technology-related categories.  • Partner with business stakeholders to understand project requirements and procurement needs.  • Conduct market analysis, supplier assessments, and benchmarking exercises to identify optimal sourcing solutions.  • Support category management and supplier consolidation initiatives.  • Drive cost savings and value creation through strategic sourcing approaches. Tender & Sourcing Management  • Lead end-to-end sourcing activities, including RFI, RFQ, and RFP processes.  • Develop procurement plans, tender documentation, evaluation criteria, and award recommendations.  • Manage vendor communications, tender clarifications, and bid submissions.  • Coordinate tender evaluations with project teams and stakeholders.  • Ensure procurement activities adhere to governance, compliance, and audit requirements.  Commercial & Contract Management  • Lead commercial negotiations with suppliers, consultants, and contractors.  • Develop and negotiate contracts, service agreements, KPIs, SLAs, and commercial terms.  • Collaborate with Legal, Risk, Compliance, and Finance teams during contract reviews and approvals.  • Manage contract execution and maintain contractual documentation.  • Support claims management and dispute resolution where required.  Vendor Management & Governance  • Support supplier onboarding and ongoing vendor relationship management.  • Monitor supplier performance against contractual obligations, KPIs, and service levels.  • Conduct performance reviews and identify improvement opportunities.  • Maintain procurement records, reporting, and audit documentation.  • Support sustainability, supplier diversity, and responsible procurement initiatives.  Financial & Commercial Oversight  • Review vendor pricing, commercial proposals, and tender submissions.  • Perform cost benchmarking and market assessments.  • Support budget management, forecasting, and commercial reporting.  • Assist project teams with value engineering and cost optimisation opportunities.  • Review payment applications and invoices for contractual compliance.  Risk & Compliance Management  • Identify and mitigate procurement, contractual, and supplier-related risks.  • Ensure compliance with procurement policies, corporate governance standards, and regulatory requirements.  • Support internal and external audits where required.  • Maintain procurement risk registers and mitigation plans.  • Bachelor's degree in Supply Chain Management, Procurement, Quantity Surveying, Construction Management, Engineering, Business, or related discipline.  • 8+ years of procurement, sourcing, commercial management, contract management, or quantity surveying experience.  • Experience supporting corporate real estate, workplace transformation, construction, fit-out, or capital projects.  • Strong understanding of procurement methodologies, contract negotiation, and supplier management.  • Prov