IT Supplier and Commercial Manager

Reserve Bank of Australia; Canberra; On-site; AUD 150,000 - 190,000; Full time

Job summary

Reserve Bank of Australia seeks a seasoned Supplier and Commercial Manager to lead significant commercial arrangements and oversee large supplier relationships. This senior role supports enterprise contract management practices across the organisation, collaborating with Procurement, Legal and IT to ensure contracts deliver ongoing value.

You will provide expert advice on obligations, commercial strategy and risk, negotiate terms to protect the Bank’s interests, and drive governance and

Qualifications

• Experience managing high-value, complex commercial contracts.
• Strong negotiation capability with legal and senior stakeholders.
• Ability to influence and build capability across a large organisation.

Responsibilities

• Lead complex commercial arrangements for high-value contracts.
• Oversee development, execution, performance review and renewal.Provide expert commercial guidance on obligations and strategy.
• Manage supplier relationships and resolve contract issues and disputes.
• Identify and mitigate commercial and legal risks across contracts.
• Collaborate with Procurement, Legal and business units to maximise value.

Skills

Contract management

Negotiation

Stakeholder engagement

Risk management

Supplier relationships

Education

Tertiary qualification or equivalent

Job description

Shape how the Reserve Bank manages strategic supplier relationships and commercial contracts - 2-year contract Lead the management of high-value, complex commercial contracts supporting Australia’s central bank

About the business, role and team

The Reserve Bank of Australia plays a central role in maintaining the nation's economic and financial stability. Procurement and supplier management support the Bank's purpose by enabling sound decisions, effective stewardship and the responsible use of public resources. The Supplier and Commercial Manager is a senior commercial leadership role responsible for managing the Bank's most significant contractual arrangements while providing enterprise leadership for contract management practices across the organisation. Reporting within the Procurement or IT team, you will work closely with business leaders, project teams, Procurement, Legal and external advisers to ensure contracts deliver value throughout their lifecycle. You will also act as the Bank's principal subject matter expert for supplier and contract management, helping build capability, consistency and better commercial outcomes across the organisation.

About the role

As Supplier and Commercial Manager, you will:

• Lead complex commercial arrangements
• Manage high-value and complex commercial contracts from development and execution through to ongoing performance management, renewal and close-out.
• Provide expert commercial advice on contractual obligations, commercial strategy, supplier performance and risk management.
• Negotiate commercial terms and conditions that protect the Bank's interests and support delivery of strategic objectives.
• Lead the management of significant supplier relationships, contract performance issues, disputes and commercial negotiations.
• Ensure commercial and contractual risks are identified, assessed and managed throughout the contract lifecycle.
• Work with Procurement, Legal and business stakeholders to maximise value and strengthen supplier outcomes.
• Participate in the Bank's supplier and commercial management practice.
• Support the continuous improvement of the Bank's supplier management framework, standards, tools and methodologies.
• Build organisational capability within your area through coaching and training of supplier and contract managers.
• Promote consistent approaches to governance, supplier performance management, risk management and value realisation.
• Monitor commercial management maturity and identify opportunities to strengthen capability, compliance and performance.
• Strengthen governance and value realisation
• Provide oversight and assurance on strategic contracts and supplier relationships.
• Drive a proactive approach to supplier performance, contract renewals and commercial risk management.
• Help the Bank realise the full value of its supplier investments through effective lifecycle management.

About you

You are an experienced commercial professional who combines deep contract management expertise with the ability to influence, coach and build capability across a complex organisation. You will bring:

• Demonstrated experience managing high-value, complex commercial contracts and strategic supplier relationships.
• Strong commercial judgement and negotiation capability, including experience working with legal advisers and senior stakeholders.
• Proven ability to influence outcomes and build capability without relying on formal line management authority.
• Experience identifying and managing commercial, contractual and legal risks within large projects or complex operational environments.
• Strong stakeholder engagement skills, with the ability to build trusted relationships across business, project, procurement and legal functions.
• The ability to translate complex contractual matters into practical and actionable advice.
• Sound understanding of procurement, financial and governance processes.
• Relevant tertiary qualifications and/or equivalent professional experience.

Be More

Working for an organisation that truly makes a difference to the people of Australia, we can offer development and career opportunities in a collaborative environment that supports your growth, wellbeing and promotes flexibility. Your individual growth and success drive the RBA forward as an organisation. Be more means you can do more, for yourself and for Australia.

Why RBA?

The RBA makes an important contribution to the Australian economy through the pursuit of national economic policy objectives and associated activities in financial markets and banking. We also issue Australia's banknotes and operate infrastructure critical to the payments system, all of which contribute to the welfare of the Australian people. Made up of specialists across a wide range of fields, our people, values, and culture play a critical role in achieving our objectives. Striving to be Open & Dynamic, we consider and incorporate different perspectives, work across teams and are transparent with each other, whilst delivering quality together effectively and focusing on outcomes by prioritising, testing, learning, and refining as we go. Our people conduct themselves with a high degree of integrity, while striving for excellence in the work they perform and the outcomes they achieve. We encourage intelligent inquiry and we treat one another with respect while promoting the public interest through our efforts. We know it is the growth and success of our people that drives the RBA forward.

Diversity and Inclusion

The Reserve Bank of Australia is committed to equity, diversity and inclusion through key initiatives. We welcome and encourage applicants from diverse backgrounds to apply, including Aboriginal and Torres Strait Islander peoples, culturally and linguistically diverse background, those living with a disability and from the LGBTQ+ community. We are committed to making the recruitment process fair and equitable for all our candidates.

Application Close : November 09, 2026 .