Senior Commodity Specialist

Details of the offer

Requisition Details & Talent Acquisition Consultant REQ 136010 – Michelle Thabethe Cluster: Group Finance Location: Sandton Closing Date: 27 September 2024 Job 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 the Group's strategy and build relationships with stakeholders. Job Responsibilities Analyse 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 saving 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 SLA's 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 the role by reading 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 Level Advanced Diplomas/National 1st Degrees Preferred Qualification BCOM, CIPS, MCIPS Minimum Experience Level 5-8 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 Knowledge Administrative procedures and systems Banking knowledge Banking procedures Business principles Business terms and definitions Data analysis Relevant regulatory knowledge Relevant software and systems knowledge Governance, Risk and Controls Behavioural Competencies Decision Making Continuous Improvement High-Impact Communication Managing Work Sustaining Customer Satisfaction Technical/Professional Knowledge and Skills --------------------------------------------------------------------------------------- Please contact the Nedbank Recruiting Team at +27 860 555 566
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Nominal Salary: To be agreed

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