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Binance

Posted 8 months ago

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Procurement Specialist

AsiaRemoteFull-time

AI Summary

A Procurement Specialist at Binance supports vendor onboarding and due diligence, manages the vendor lifecycle and indirect procurement processes, leads vendor negotiations, and contributes to process optimization and cross-functional collaboration.

About this role

Binance is a leading global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and registered users. We are trusted by 300+ million people in 100+ countries for our industry-leading security, user fund transparency, trading engine speed, deep liquidity, and an unmatched portfolio of digital-asset products. Binance offerings range from trading and finance to education, research, payments, institutional services, Web3 features, and more. We leverage the power of digital assets and blockchain to build an inclusive financial ecosystem to advance the freedom of money and improve financial access for people around the world.

Job Descriptions

  • 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.

    • Skills

    Contract NegotiationIndirect ProcurementProcurement ComplianceProcurement PoliciesRFPRFQS2PVendor AssessmentVendor Lifecycle ManagementVendor Onboarding

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