Corporate Procurement Associate (6123)

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is Financing Infrastructure for Tomorrow in Asia and beyond-infrastructure with sustainability at its core. We began operations in Beijing in 2016 and have since grown to 110 approved members worldwide. We are capitalized at USD100 billion and AAA-rated by the major international credit rating agencies. Collaborating with partners, AIIB meets clients' needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.

The Corporate Procurement Associate is responsible for vendor management of corporate procurement vendors and individual consultants. This position will provide procurement administration, vendor management, risk management, and quality assurance of the Know Your Counterparty (KYC) tasks in compliance with Bank policies. The Associate will report to the Manager, Corporate Procurement Division (CPD) under the Facilities and Administration Department.

Responsibilities:

• Manage daily vendor lifecycle activities within the CPD, including supplier registration, classification, performance evaluation, supplier risk assessment and monitoring, and collaboration with procurement specialists and business units.
• Oversee day-to-day operations related to KYC and Financial Crime Investigation and Due Diligence (FCIDD) for corporate vendors and individual consultants, coordinating with Compliance, IT, and outsourced service providers.
• Ensure quality, accuracy, and completeness of all KYC/FCIDD documentation and outputs.
• Contribute to the development and refinement of policies, guidelines, standard operating procedures, training materials, and related tools.
• Provide subject matter advice on vendor management to enhance operational efficiency and process optimization.
• Engage with internal stakeholders to align procurement support with departmental needs and maintain productive external stakeholder relationships in line with agreed engagement plans.
• Support the implementation and continuous improvement of KYC and eProcurement systems by identifying and recommending system enhancements.
• Maintain accurate and up-to-date supplier records and databases.
• Monitor and report on supplier performance against KPIs.
• Develop and maintain a preferred supplier list

Requirements:

• Bachelor’s degree, preferably in Business Administration, Finance, or International Studies from a reputable university.
• Minimum of 5 years of relevant experience in banking, international procurement, and/or risk management within a commercial or investment bank, or an international financial institution.
• At least 2 years of hands-on experience in Know Your Customer (KYC) processes, including Anti-Money Laundering (AML), Countering the Financing of Terrorism (CFT), and familiarity with international financial and economic sanctions in the financial industry or comparable sectors.
• Strong understanding of procurement processes and supplier management best practices.
• Ability to analyze supplier data and performance metrics.
• Strong problem-solving skills to address supplier-related issues.
• Relevant professional certification is an advantage.
• Proven ability to work effectively in teams with strong interpersonal and communication skills.
• Excellent written and spoken English, with the ability to draft and present clear, concise, and well-reasoned recommendations.
• Strong analytical and problem-solving capabilities.
• Experience with eProcurement and KYC systems is a plus.
• Familiarity with automation tools and AI technologies used in procurement processes in an advantage.

AIIB is committed to diversity, transparency, and inclusion. We believe our strength comes from having a team with the right diverse skills, experiences and abilities selected through a merit-based competitive process. We actively encourage applications from people from both within and outside AIIB members, regardless of nationality, religion, gender, race, disability, or sexual orientation.

Join in AIIB’s mission to promote sustainable infrastructure investments and to improve social and economic outcomes in Asia and beyond.

Previous experience and qualifications will determine the grade and job title at which successful applicants will enter AIIB.