Procurement Specialist

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🕒 May 26

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Binance

WebsiteLinkedInAll Job Openings

1001 - 5000 employees

Founded 2017

₿ Crypto

💳 Fintech

💰 Initial Coin Offering on 2020-12

Crypto • Fintech

Binance is the world's leading cryptocurrency exchange, serving over 235 million registered users across more than 180 countries. The platform offers a wide array of services, including the trading of over 350 cryptocurrencies in Spot, Margin, and Futures markets. Users can also buy and sell crypto via Binance P2P, earn interest through Binance Earn, and engage in NFT trading on the Binance NFT marketplace. Binance provides low transaction fees and diverse payment options, making it a preferred choice for cryptocurrency enthusiasts worldwide.

📋 Description

• Support vendor onboarding, including vendor creation, vendor due diligence (VDD) review, documentation, and regular compliance checks to ensure readiness for internal audits and regulatory reviews. • Assist with daily procurement operations across indirect categories (e.g., technology, professional services, marketing, HR, legal, etc.), ensuring adherence to company procurement policies and procedures. • Manage the vendor lifecycle, including RFP/RFQ processes, vendor selection, assessment, and ongoing performance reviews. • Lead negotiations with vendors based on product and market information, covering price, quantity, delivery plans, SLAs, and guide the contract signing and follow-up processes. • Assist in knowledge sharing and training initiatives to strengthen procurement awareness and compliance across the organization. • Contribute to process optimization efforts to improve efficiency, transparency, and compliance in procurement operations. • Support data analysis, invoice validation, process initiation, and procurement documentation tracking to ensure timely and accurate information flow.

🎯 Requirements

• Bachelor’s degree or higher. • Strong bilingual communication skills in English and Mandarin, with the ability to effectively engage vendors and internal stakeholders across regions. • Minimum of 1 year hands-on experience in indirect procurement; additional exposure to Compliance, Marketing, Technology, or Professional Services is a plus. • Drive procurement efficiency by understanding contract terms, maintaining a strong focus on process and cost, and collaborating effectively with cross-functional teams to ensure smooth execution, compliance, and timely issue resolution. • In-depth knowledge of the Source-to-Pay (S2P) process and Vendor Assessment procedures. • Ability to manage multiple concurrent projects, demonstrating strong communication, organizational, time management, and problem-solving skills. • Highly user-focused with a strong sense of ownership to understand business needs and deliver impactful solutions. • Results-oriented with a strong delivery mindset; able to work independently and collaborate effectively with global stakeholders. • Ability to thrive in a fast-paced, dynamic, and challenging environment. • Market-sensitive with strong negotiation skills, capable of identifying opportunities and securing favorable outcomes. • Candidates with backgrounds in FinTech, Financial Services, or consulting firms are highly encouraged to apply.

🏖️ Benefits

• Competitive salary and company benefits • Work-from-home arrangement (the arrangement may vary depending on the work nature of the business team)