Procurement and Vendor Management Lead
4 weeks ago
Role Overview:
The Commonwealth Bank is seeking a talented Procurement / Vendor Management Senior Analyst to join our Financial Services team. This key role will be part of the Group Procurement – Sourcing Hub team, responsible for managing the RFx process, Contract Management module, and providing commercial and contractual support to category teams.
Key Responsibilities:
- Manage RFx end-to-end, define evaluation criteria, facilitate supplier workshops, and finalise evaluation in collaboration with Category Teams.
- Provide low to medium complexity commercial and contractual support, interpret and respond to contractual terms and conditions, and negotiate and execute supplier contracts.
- Manage Contract Execution Requests, check completeness, engage with Category Managers, and create contract workspaces as per hierarchy shared.
- Identify and implement process improvement opportunities, administer team effectiveness, and ensure compliance with Group policies and procedures.
Requirements:
- 6-9 years of relevant work experience in sourcing, contracting, and procurement.
- Strong knowledge of Ariba Source to Contract module, contract interpretation, and negotiation.
- Excellent interpersonal and communication skills, ability to work collaboratively, and think laterally to develop innovative solutions.
- Bachelor's or Master's degree in Business Administration, Commerce, or Computer Applications.
About Us:
At Commonwealth Bank, we strive to make a positive impact on our customers' financial wellbeing. We're committed to delivering benefits and mitigating risk to enable our customers to achieve their business goals.
Working with Us:
We value diversity and inclusion, and we're committed to creating a workplace that's respectful and inclusive for all employees. If you're passionate about procurement and vendor management, we encourage you to apply for this exciting opportunity.
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