procurement specialist

HR Partners; Brisbane; Hybrid; AUD 90,000 - 120,000; Full time

Benefits offered by this job

WFH 2 days a week

Job summary

Randstad in Brisbane is seeking a proactive Procurement Specialist to support end-to-end procurement and contracting, with emphasis on CPS230 and CPS234 APRA standards. You will source, tender, perform due diligence, and help form contracts across a range of goods and services.

You will ensure regulatory alignment, run market research, supplier risk assessments, and drive cost-avoidance while collaborating with risk teams and governance functions.

Qualifications

• Regulatory knowledge of APRA CPS230 and CPS234.
• Experience in procurement, vendor management or governance within regulated financial services environments.

Responsibilities

• Support 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 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.

Skills

Procurement

Vendor management

Governance

Regulatory knowledge

Education

Bachelor Degree

Job description

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.