Information Technology Sourcing Manager at LG CNS

Job Description:

Latest job information from LG CNS for the position of Information Technology Sourcing Manager. If the Information Technology Sourcing Manager vacancy in Singapore matches your qualifications, please submit your latest application or CV directly through the updated Jobkos job portal.

Please note that applying for a job may not always be easy, as new candidates must meet certain qualifications and requirements set by the company. We hope the career opportunity at LG CNS for the position of Information Technology Sourcing Manager below matches your qualifications.

About Us:

Leading the way in IT service market in Korea, we now seek to expand our expertise to the APAC. With LG CNS Singapore, you will embark on a journey to deliver cutting-edge IT technologies to APAC clients, which have been proven successful in Korea and become an industry-leading Digital Transformation expert.

Job Summary: IT Sourcing Manager

The primary objective of this role is responsible for developing and executing sourcing strategies and strategically managing sourcing activities for IT transformation projects and standard product selection. The IT Sourcing Manager will drive cost-saving initiatives through spend analysis and vendor optimization, ensuring procurement aligns with internal policies, risk frameworks, and regulatory requirements. Success in this role requires strong strategic leadership, commercial expertise, deep familiarity with IT vendor management, and effective stakeholder.

Key Responsibilities

IT Procurement Process Setup:

• Design and implement end-to-end IT procurement processes.
• Align procurement workflows with internal controls and governance needs.
• Continuously improve procedures to increase efficiency and compliance.

IT Transformation Project Sourcing:

• Lead sourcing for major IT transformation and strategic initiatives.
• Engage early with stakeholders to shape sourcing strategies.
• Ensure timely and cost-effective vendor selection aligned with project goals.

Standard IT Product Selection:

• Collaborate with IT teams and define standardised IT products and services catalogue.
• Streamline sourcing to preferred vendors for core IT solutions.
• Promote consistency and reduce total cost of ownership.

Lead Cost Saving Initiatives via Spend Analysis:

• Lead analysis of spend data to identify savings and consolidation opportunities.
• Drive cost optimisation through vendor rationalisation and negotiations.
• Track and report realised savings across IT categories.

Oversee IT Sourcing Execution:

• Oversee RFI, RFQ, RFP, and vendor evaluation processes.
• Lead sourcing of software, infrastructure, and IT services.
• Ensure vendor due diligence meets compliance and risk standards.

Contracts & Commercial Negotiation:

• Lead negotiations on commercials, licensing, SLAs, and renewals.
• Coordinate with Legal and Risk teams for contract reviews.
• Manage contract lifecycle from drafting to termination
• Strong contractual knowledge such as licensing.

Procurement Governance & Compliance:

• Establish governance routines and internal approval protocols.
• Ensure alignment with audit, risk, and regulatory expectations.
• Maintain accurate documentation for review and reporting.

Vendor Performance Management:

• Monitor vendor performance against KPIs and SLAs.
• Facilitate periodic reviews and manage performance issues.
• Support delivery teams in driving accountability and service improvement.

Experience:

• Minimum 15 years of experience in IT procurement, with a strong track record in the banking or financial services sector.
• Deep understanding of the banking technology vendor ecosystem, including commercial structures, licensing models, renewal cycles, and key supplier capabilities.
• Extensive experience sourcing across multiple IT categories, including software (on-premises and SaaS), infrastructure (cloud and on-prem), and IT services.
• Familiar with Asia-Pacific procurement-related regulations and compliance considerations.
• Proven ability to design and implement procurement strategies, processes, and governance frameworks from the ground up.
• Experience leading large-scale sourcing initiatives, handling CAPEX and OPEX.
• Experience with negotiating with large vendors (e.g. Microsoft and Amazon) for transformation programmes, product standardisation, and cost optimisation.
• Skilled in spend analysis, vendor negotiations, and implementing supplier performance and risk management frameworks.

Qualifications & Certifications:

• Bachelor’s degree in a relevant field, such as business administration, information technology, law, procurement etc.
• Professional procurement certifications or equivalent are preferred (e.g. CIPS)
• Strong stakeholder management.
• Familiarity with industry standard procurement tools is an advantage

• Start date is immediate.
• Tenure is 1 year contract, renewable with possibility to convert to perm.

Job Info:

• Company: LG CNS
• Position: Information Technology Sourcing Manager
• Work Location: Singapore
• Country: SG

How to Submit an Application:

After reading and understanding the criteria and minimum qualification requirements explained in the job information Information Technology Sourcing Manager at the office Singapore above, immediately complete the job application files such as a job application letter, CV, photocopy of diploma, transcript, and other supplements as explained above. Submit via the Next Page link below.