Procurement Governance Executive
5 days ago
We are seeking a highly skilled and motivated professional to join JG Summit Holdings Inc. as a Procurement Risk, Compliance, and Contract Management Officer.
Job DescriptionThe successful candidate will be responsible for developing, implementing, and overseeing risk management strategies and compliance programs to ensure the organization meets all regulatory requirements.
Responsibilities- Identify, assess, and prioritize procurement risks to the organization's assets, reputation, and stakeholder value.
- Develop and implement procurement risk management frameworks and strategies in line with industry best practices.
- Monitor and report on procurement risk exposure, providing timely updates and recommendations.
- Collaborate with various departments to ensure risk management practices are embedded in all business processes.
- Identify procurement compliance policies, procedures, and programs to adhere to relevant laws, regulations, and internal policies.
- Conduct regular procurement compliance assessments, audits, and risk assessments to identify gaps and recommend corrective actions.
- Stay current with industry regulations and emerging compliance trends; provide guidance on compliance matters across the organization.
- Serve as the primary contact for regulatory agencies and facilitate any audits or inspections.
- Negotiate, draft, review, and execute contracts while ensuring compliance with organizational policies and applicable laws.
- Provide guidance and support to Category Management Department in contract-related matters.
- Maintain an organized repository for all procurement contracts and related documents.
- Develop and maintain comprehensive documentation of procurement risk management and compliance processes.
- Prepare and present reports to management and stakeholders on procurement risk assessments, compliance status, and contract management activities.
- 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 3-5 years of experience in risk management, compliance, and contract management.
Desired competencies include critical thinking, stakeholder management, project management, leadership, teamwork, and innovation.
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