Procurement / Vendor Management Lead Analyst

6 days ago


Bengaluru, Karnataka, India Commonwealth Bank Full time
Job Title: Procurement / Vendor Management Lead Analyst

Job Summary:

We are seeking a highly skilled Procurement / Vendor Management Lead Analyst to join our team at Commonwealth Bank. As a key member of our procurement team, you will be responsible for managing the entire procurement lifecycle, from sourcing and contract negotiation to contract management and vendor relationship development.

Key Responsibilities:

  • Develop and implement procurement strategies to meet business objectives.
  • Manage the sourcing process, including RFx development, supplier communication, and evaluation criteria definition.
  • Negotiate and execute contracts with suppliers.
  • Manage contract execution requests and ensure compliance with Group policies and procedures.
  • Identify and implement process improvements to increase efficiency and reduce costs.
  • Provide commercial and contractual support to category teams.

Requirements:

  • 6-9 years of relevant experience in procurement, preferably in a senior analyst role.
  • Strong knowledge of procurement processes, including sourcing, contract negotiation, and contract management.
  • Experience with Ariba Source to Contract module or equivalent.
  • Excellent communication and interpersonal skills.
  • Advanced skills in Microsoft Excel and Word.

Education: Any Bachelor's degree or Master's degree in a relevant field.



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