Procurement Specialist

Select Aust Sydney; Brisbane; Hybrid; AUD 115,000 - 125,000; Full time

Benefits offered by this job

WFH 2 days a week

Job summary

Randstad is seeking a proactive Procurement Specialist in Brisbane to manage end-to-end procurement, tendering, supplier due diligence, and contract formation within a regulated financial services environment. The role emphasizes CPS230 and CPS234 compliance and collaboration with governance and risk teams.

You will drive strategic sourcing, negotiations, and value delivery while aligning with APRA standards and company policies.

Qualifications

• APRA CPS230 and CPS234 exposure essential.
• Experience in procurement, vendor management, or governance in regulated financial services.
• Bachelor Degree required.
• Clear and professional communication.

Responsibilities

• Support end-to-end procurement and contracting operations.
• Draft and administer tender documentation with scope and terms.
• Conduct market research, cost analysis and evaluations for sourcing decisions.
• Perform supplier due diligence including financial assessments and compliance vetting.
• Assist with contract negotiations and governance summaries for approvals.
• Ensure adherence to APRA frameworks and company policies; mitigate vendor risks.
• Drive cost-avoidance and track savings across pipelines.
• Collaborate with supplier relationship and risk teams for governance.

Skills

APRA CPS230 CPS234

Procurement

Vendor management

Governance

Communication

Education

Bachelor Degree

Job description

Job Title: Procurement Specialist
Location: Brisbane, QLD
Salary: $115,000 - $125,000 + super

About the Role:

Financial services organisation based in Brisbane is seeking a proactive Procurement Specialist to support its end-to-end procurement and contracting operations. You will play a central role in sourcing, tender administration, supplier due diligence, and contract formation across a wide range of goods and services according to CPS230 and CPS234 APRA Standards

Key Responsibilities:

• Support the development and rollout of strategic sourcing and market engagement plans.
• Draft and administer tender documentation, including scope specifications, evaluation criteria, and contract terms.
• Conduct market research, cost analysis, and commercial evaluations to guide sourcing decisions.
• Perform comprehensive supplier due diligence, including financial assessments, compliance vetting, and reference checks.
• Assist with contract negotiations and draft contract summaries to guide formal governance and executive approval.
• Ensure operational alignment with company policies and APRA regulatory frameworks, identifying and mitigating vendor risks throughout the engagement lifecycle.
• Drive cost-avoidance strategies and track value delivery and savings across procurement pipelines.
• Collaborate with supplier relationship and risk teams to maintain robust supplier governance frameworks.

What We Are Looking For:

• Regulatory Knowledge (Essential): Strong exposure to and solid working understanding of APRA standards, specifically CPS 230 (Operational Risk Management) and CPS 234 (Information Security).
• Industry Background: Previous procurement, vendor management, or governance experience within financial services, insurance, superannuation, or similarly regulated environments.
• Qualifications: Bachelor Degree
• Communication: Clear and professional

What's on Offer:

• WFH 2 days a week

At Randstad, we are passionate about providing equal employment opportunities and embracing diversity to the benefit of all. We actively encourage applications from any background.