Procurement Manager (Global Financial Institution)
Turner & Townsend · Hong Kong
Company Description
Who is Turner & Townsend?
Turner & Townsend is a global professional services company with over 22,000 people in more than 60 countries.
Working with our clients across real estate, infrastructure, energy and natural resources, we transform together, delivering outcomes that improve people’s lives. Working in partnership makes it possible to deliver the world’s most impactful projects and programmes as we turn challenge into opportunity and complexity into success.
Our capabilities include programme, project, cost, asset and commercial management, controls and performance, procurement and supply chain, net zero and digital solutions.
We are majority-owned by CBRE Group, Inc., the world's largest commercial real estate services and investment firm, with our partners holding a significant minority interest. Turner & Townsend and CBRE work together to provide clients with the premier programme, project and cost management offering in markets around the world.
Please visit our website: www.turnerandtownsend.com
Job Description
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.
Qualifications
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.
Proven experience leading competitive tendering and commercial negotiations.
Experience working within banking, financial services, or highly regulated corporate environments is highly desirable.
Knowledge of construction and consultancy contracts such as NEC, JCT, FIDIC, or bespoke client agreements preferred.
Additional Information
Our inspired people share our vision and mission. We provide a great place to work, where each person has the opportunity and voice to affect change.
We want our people to succeed both in work and life. To support this we promote a healthy, productive and flexible working environment that respects work-life balance.
Turner & Townsend is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees and actively encourage applications from all sectors of the community.
Please find out more about us at www.turnerandtownsend.com/
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Any unsolicited resumes/CVs submitted through our website or to Turner & Townsend personal e-mail accounts, are considered property of Turner & Townsend and are not subject to payment of agency fees. In order to be an authorised Recruitment Agency/Search Firm for Turner & Townsend, there must be a formal written agreement in place and the agency must be invited, by the Recruitment Team, to submit candidates for review.
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