Director, Asia Procurement – Category Sourcing Lead (Custody)

Position Responsibilities

Strategic Leadership & Category Ownership

• Lead and execute end-to-end strategic sourcing for Custody Trustee Fund Administration and Transfer Agency categories across Hong Kong and APAC.
• Shape and evolve the procurement functiondesigning processes frameworks governance models and operating discipline alongside the Head of Category & Country Cluster.
• Provide market insights category strategy and financial value delivery aligned with business objectives.

Commercial Management & Value Delivery

• Drive tangible cost savings commercial optimization and value creation through challenging the status quo renegotiating terms improving contracting structures and strengthening service quality.
• Conduct RFPs competitive benchmarking supplier assessments contract reviews and financial/operational due diligence.
• Lead commercial negotiations with global custodians and fund service providers.

Stakeholder & Supplier Management

• Serve as a trusted advisor to internal stakeholders (investment teams operations finance legal risk compliance).
• Build and manage executivelevel relationships with global custodians and fund administrators.
• Work closely with risk and compliance teams to ensure ongoing supplier performance service stability and regulatory adherence.

Governance Compliance & Systems Implementation

• Ensure all sourcing activities comply with Procurement Policy internal controls and regulatory requirements across multiple jurisdictions.
• Support implementation and rollout of procurement systems and tooling to business functions.
• Lead and execute end-to-end sourcing for other procurement categories as needed to support enterprise requirements.
• Perform other duties aligned with the scope of the role.

Required Qualifications

Essential Experience & Background

• Experience within Financial Institutions preferably at an asset manager fund house or related buyside organization.
• Deep knowledge of custody fund administration and trustee services from procurement operations or vendor management perspectives.
• Familiarity with regulatory requirements and market structures across Hong Kong and APAC.
• Demonstrated experience working with major global custodians (HSBC Citi BNY Mellon State Street JPMorgan etc.).
• Strong commercial and contract negotiation skills.
• Experience with procurement systems and platforms (source-to-contract risk management tools etc.) is advantageous.
• Highly perspicacious analytical skills with strong ability to interpret complex data and make sound commercial recommendations.
• Proven experience in vendor governance and thirdparty risk management.
• University degree in Business Finance Procurement Investment or equivalent with 10 years of progressive experience.
• Excellent communication skills in English (written and spoken).

Core Competencies

• Strong grasp of procurement best practices category management and supplier lifecycle management.
• Analytical decision-maker able to synthesize complex information evaluate options and provide clear actionable recommendations.
• Innovative and change-oriented comfortable driving transformation re-engineering processes and improving business outcomes in a high-pressure environment.
• Strategic thinker able to operate with a long-term view anticipate emerging issues and influence enterprise decisions.
• Global mindset appreciates regional differences and can navigate diverse business cultures.
• Relationship builder able to secure stakeholder buyin influence senior leaders and foster strong partnerships.
• Exceptional communicator simplifies complexity engages effectively with all levels and represents the company confidently in external forums.
• Collaborative works seamlessly across teams sharing knowledge and leveraging enterprise capabilities.