Contracts & Procurement Lead

People First Bank; Brisbane; Hybrid; AUD 140,000 - 180,000; Full time

Benefits offered by this job

Flexibility with hybrid working

Discounts on banking products

Training and career development

Competitive leave benefits

Wellbeing and employee programs

Job summary

People First Bank is seeking an experienced Contracts & Procurement Lead to drive end-to-end procurement, contract management, and vendor risk governance. You’ll implement a fit-for-purpose CLM system, lead supplier negotiations, and align with Legal, Risk and Compliance to meet regulatory obligations.

This role demands strong stakeholder management and commercial acumen across enterprise-wide initiatives. The successful candidate will work in a hybrid setup from Brisbane, benefiting from

Qualifications

• 5+ years in procurement/sourcing/contract management/vendor management
• Proven experience leading procurement initiatives and negotiating commercial agreements
• Strong understanding of vendor risk management and third-party governance practices
• Experience managing a broad range of internal and external stakeholders
• Excellent written and verbal communication skills

Responsibilities

• Lead end-to-end procurement and sourcing activities, including RFx development, vendor evaluation, supplier selection and contract negotiations
• Establish and manage a fit-for-purpose CLM system
• Develop and maintain vendor performance management frameworks, reporting and governance processes
• Manage supplier and vendor relationships to maximise value, performance and continuous improvement
• Support management and reporting of third-party risk and prudential obligations (CPS 230, CPS 231, Modern Slavery)
• Conduct proactive reviews of supplier contracts to identify efficiencies and commercial improvements
• Ensure procurement activities comply with policy, delegations and governance
• Collaborate with Legal, Risk and Compliance through onboarding and contract management
• Identify, assess and manage risks across the vendor lifecycle
• Support the broader Vendor Management team in achieving strategic objectives

Skills

Procurement leadership

Negotiation

Stakeholder management

Contract management

Vendor risk management

Analytical thinking

Education

Tertiary qualification in Business/Finance/Commerce/Law

Tools

Contract Lifecycle Management (CLM) system

Job description

At People First Bank, we're looking for an experienced Contracts & Procurement Lead to play a pivotal role in delivering strong commercial outcomes, managing strategic supplier relationships, and strengthening our third-party risk management framework.

This is an exciting opportunity to influence enterprise-wide procurement and contracting activities while helping shape the future of vendor management across a growing organisation. You'll work closely with business leaders, technology teams, and legal, compliance and risk stakeholders to establish robust, value-driven partnerships that support our strategic objectives.

About the Role

As the Contracts & Procurement Lead, you'll lead and support procurement and contracting activities from sourcing through to contract execution and ongoing vendor management. You'll be responsible for driving commercial value, ensuring regulatory compliance, and embedding best-practice contract lifecycle management processes.

Your key responsibilities will include:

Leading end-to-end procurement and sourcing activities, including RFx development, vendor evaluation, supplier selection and contract negotiations.

Establishing and managing a fit-for-purpose Contract Lifecycle Management (CLM) system.

Developing and maintaining vendor performance management frameworks, reporting and governance processes.

Managing supplier and vendor relationships to maximise value, performance and continuous improvement opportunities.

Supporting the management and reporting of third-party risk and prudential obligations, including CPS 230, CPS 231 and Modern Slavery requirements.

Conducting proactive reviews of supplier contracts to identify efficiencies, cost savings and commercial improvements.

Ensuring procurement activities comply with policy, delegations of authority and governance requirements.

Collaborating with Legal, Risk and Compliance teams throughout vendor onboarding and contract management activities.

Identifying, assessing and managing risks across the vendor lifecycle.

Supporting the broader Vendor Management team in achieving its strategic objectives and organisational outcomes.

About You

To be successful in this role, you'll combine strong commercial acumen with exceptional stakeholder management and negotiation skills.

You'll bring:

5+ years' experience in procurement, sourcing, contract management or vendor management roles.

Demonstrated experience leading procurement initiatives and negotiating commercial agreements.

Strong understanding of vendor risk management and third-party governance practices.

Experience managing a broad range of internal and external stakeholders.

Excellent written and verbal communication skills.

The ability to work autonomously while collaborating effectively across teams.

Strong analytical and problem-solving capabilities.

Success in this role means delivering optimised supplier arrangements, achieving strong commercial outcomes, enhancing procurement and contracting processes, and building a mature vendor management framework that supports business growth, compliance and operational resilience.

Qualifications

A tertiary qualification in Business, Finance, Commerce, Law or a related discipline.

Why you’ll love working with us

People First Bank – our new brand – says exactly what we’re all about: people. We're committed to supporting and growing our team and creating an outstanding work environment.

You’ll have access to financial and lifestyle benefits to support your success and individuality:

Flexibility and hybrid working arrangements.

Extend your salary with discounts on banking, health insurance, and shopping across Australia.

Advance your career with training, study support, and project opportunities.

Competitive leave benefits that empower employees to take time for themselves and loved ones.

Wellbeing support with our Employee Assistance Program, wellbeing leave, mental health app, and mental health ambassadors’ program.

Make a difference with paid volunteering, Workplace Giving, and diverse community initiatives.

Be recognised for your contributions through our peer-driven recognition program.

A bit about People First Bank

In March 2023, People’s Choice and Heritage Bank merged to form Heritage and People’s Choice Limited - Australia's leading mutual bank. We are now on an exciting journey to bring together our products, services, and technology under a single brand - People First Bank.

We have over 700,000 members and 1,900 employees, with dual head offices in Adelaide and Toowoomba, an Australian-based contract centre and branches across five states.

With a vision ‘To deliver positive change through banking’, People First Bank serves members and contributes to the community, while offering an inclusive, flexible work environment. We’re big enough to make an impact; but agile enough to influence and do interesting work.

Our diversity makes us stronger

People First Bank acknowledges the Traditional Custodians of Country throughout Australia and pays respect to Elders past and present. We are committed to fostering a diverse, inclusive and culturally safe workplace where everyone feels valued, respected and able to thrive. We welcome applications from Aboriginal and Torres Strait Islander peoples and people of all backgrounds, identities and lived experiences. We welcome requests for reasonable adjustments to ensure all candidates can participate fairly and confidently in our selection process.