Job Summary
The Procurement Quality Growth & Cost Optimization Head is responsible for enabling Bank X's business growth and fast-paced technology development through value-driven procurement governance. While Bank X leverages SCBX Group Procurement as an outsourced procurement function, this role acts as the central controller of procurement activities for Bank X—ensuring procurement decisions, SLAs, delivery timelines, and vendor choices directly support MVP delivery, product launches, and long-term cost-to-income (C/I) objectives.
The role focuses on quality growth by balancing speed, cost discipline, and long-term value—investing where it matters, avoiding waste, and continuously improving the cost structure while supporting innovation.
Key Responsibilities
- Act as the controller and coordinator of Bank X procurement activities across SCBX Group Procurement and vendors.
- Ensure procurement processes enable fast MVP delivery and on-time product launches without creating execution bottlenecks.
- Identify and proactively unblock SCBX Group SLA constraints that may impact delivery timelines or development velocity.
- Partner with the CFO to balance growth initiatives with cost discipline and long-term unit economics.
- Develop a strong understanding of banking revenue and profit drivers, and apply this insight to procurement decisions.
- Lead strategic thinking on technology sourcing decisions (build vs. buy, buy vs. partner).
- Evaluate and challenge vendor proposals to prevent over-engineering, duplication, or unnecessary cost escalation.
- Raise early concerns on cost structure inefficiencies and recommend improvements.
- Collaborate with vendors to optimize pricing models, contract terms, and scalability of running costs.
- Continuously identify opportunities to lower operational and run-rate costs without compromising quality, resilience, or regulatory readiness.
- Ensure investment decisions align with quality growth principles, clear ROI, and business value realization.
- Act as the key coordination point between Bank X, SCBX Group Procurement, and technology and service vendors.
- Provide clear insights and recommendations to senior management to support informed decision-making.
Key Skills & Experience
- Strong understanding of banking economics, cost structures, and digital/virtual bank operating models
- Experience in procurement strategy, vendor management, technology sourcing, or commercial finance
- Ability to operate effectively in a group-shared-services and matrix environment
- Strong analytical and financial mindset with the ability to challenge cost and ROI assumptions
- Pragmatic, business-oriented approach with experience in fast-paced MVP and product launch environments
- Excellent stakeholder management and communication skills
Success Measures
- On-time MVP and product launch delivery supported by procurement
- Reduced procurement cycle time and SLA friction
- Optimized vendor cost structures and reduced run-rate costs
- Improved cost-to-income (C/I) efficiency while supporting growth
- Clear evidence of disciplined, value-driven investment decisions
