Job FamilyAdministration, Operations and FacilitiesProcurement and Vendor ManagementManage Self: ProfessionalJob PurposeTo analyse, identify, source, negotiate and manage the procurement process while mitigating risks and ensuring regulatory compliance and develop and implement commodity strategies aligned with Groups strategy and build relationships with stakeholders.Job ResponsibilitiesAnalyse trends by reviewing management information.Assist stakeholders with budget forecasting by providing commodity information.Identify opportunities to develop sourcing strategies that will result in cost savings by benchmarking and negotiating with internal and external stakeholders.Ensure that preferential procurement BBBEE targets are aligned to the Financial Sector Charter (FSC) as determined by the Department of Trade and Industry code of good practice.Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives.Participate and support corporate social responsibility initiatives for the achievement of key business strategies.Identify and recommend opportunities to enhance processes, systems, and policies and support implementation of new processes, policies, and systems.Develop and maintain policies by understanding and collaborating with stakeholders to determine practical processes.Mitigate risks by ensuring that policies and regulatory and industry governance requirements are adhered to.Select preferred suppliers by conducting a tender or quotation process.Draft and sign contracts by liaising with Group Legal and stakeholders.Ensure SLAs are met through end-to-end management of the contract (includes supplier relationship and performance management).Measure local procurement and environmental objectives against Nedbank's transformational objectives by conducting surveys or reviewing management information.Identify business requirements by engaging with internal stakeholders to understand business needs.Collaborate with stakeholders to implement the sourcing strategy by coordinating workshops, presentations, and meetings.Exchange information between stakeholders to achieve the procurement objective by sharing management information.Manage and maintain internal and external stakeholder relationships by conducting regular engagements. Keep abreast of legislation and other industry changes that impact on role by reading the relevant newsletters, websites, and attending sessions.Understand and embrace the Nedbank vision and demonstrate the values through interaction with team and stakeholders.Improve personal capability and stay abreast of developments in the field of expertise by identifying training courses and career progression for self through input and feedback from managers.Ensure personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed, experience practiced, and certifications obtained and/or maintained within specified time frames.Ensure information is provided correctly to stakeholders by maintaining knowledge sharing with the team.Essential Qualifications - NQF LevelAdvanced Diplomas/National 1st DegreesPreferred QualificationBCOM, CIPS, MCIPSMinimum Experience Level5-8 years business experience, including legal and contractual exposure will be ideal.Able to interact with senior management and executives in a professional way to build their trust.Technical / Professional KnowledgeAdministrative procedures and systemsBanking knowledgeBanking proceduresBusiness principlesBusiness terms and definitionsData analysisRelevant regulatory knowledgeRelevant software and systems knowledgeGovernance, Risk and ControlsDecision MakingHigh-Impact CommunicationManaging WorkSustaining Customer SatisfactionTechnical/Professional Knowledge and Skills
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