Senior Manager Technology Procurement

Commonwealth Bank; Sydney; Hybrid; AUD 150,000 - 210,000; Full time

Job summary

Commonwealth Bank is seeking a senior procurement professional to lead the commercial management of strategic technology services suppliers within Group Technology. You will deliver sourcing outcomes, manage supplier relationships, and support major transformation programs to realise value and minimise risk.

You will partner with senior technology leaders and finance stakeholders to ensure governance, cost optimisation, and alignment with regulatory requirements while delivering measurable

Qualifications

• Extensive experience in procurement, strategic sourcing, supplier management, or commercial management within large and complex organisations.
• Proven experience leading complex commercial negotiations and delivering significant business value through sourcing and supplier strategies.
• Exceptional stakeholder management skills with the ability to influence and partner effectively at executive and senior leadership levels.
• Strong commercial acumen with the ability to balance cost, risk, service, and strategic outcomes.
• Experience navigating complex governance, risk, and regulatory environments.
• Excellent analytical, problem-solving and decision-making capabilities.
• A growth mindset with a passion for continuous improvement, innovation, and challenging traditional ways of working.
• An understanding/interest of IT services, managed services, professional services, cloud, software, and technology supplier ecosystems (highly regarded not essential).

Responsibilities

• Lead and deliver strategic sourcing, renewal and negotiation initiatives across the IT Services portfolio.
• Build trusted relationships across Group Technology and the broader enterprise.
• Support the ongoing governance of strategic technology suppliers through effective contract management, supplier performance reviews, commercial governance frameworks, and value realisation activities.
• Ensure sourcing activities and supplier engagements align with the Group Supplier Lifecycle Policy and applicable procurement, risk, security, and regulatory requirements.
• Contribute to the management of the broader IT Services procurement portfolio, including large-scale renewals, panel arrangements, transformation programs, supplier segmentation initiatives, and cost optimisation opportunities that support the Bank’s strategic objectives.

Skills

Procurement

Strategic sourcing

Supplier management

Negotiation

Stakeholder management

Governance

Risk management

Analytical thinking

Decision-making

Job description

See yourself in our team:

Group Procurement partners with Group Technology and business stakeholders to maximise value from our strategic supplier relationships. The IT Services Procurement team is responsible for managing the commercial lifecycle of technology services suppliers that enable the Bank’s transformation agenda, operational excellence, and customer outcomes.

See yourself in our team:

Group Procurement partners with Group Technology and business stakeholders to maximise value from our strategic supplier relationships. The IT Services Procurement team is responsible for managing the commercial lifecycle of technology services suppliers that enable the Bank’s transformation agenda, operational excellence, and customer outcomes.

Do work that matters:

Reporting to the Executive Manager, IT Services Procurement, this role is responsible for leading the commercial management of strategic technology services suppliers that support Group Technology and enterprise-wide business priorities.

The role will partner closely with senior technology leaders, architecture, engineering, security, risk, legal and finance stakeholders to deliver sourcing outcomes, manage supplier relationships, and support major transformation programs. This is an opportunity to shape the future supplier landscape of the Bank while delivering measurable value, innovation, and risk management outcomes.

Your responsibilities will include:

• Lead and deliver strategic sourcing, renewal and negotiation initiatives across the IT Services portfolio.
• Build trusted relationships across Group Technology and the broader enterprise.
• Support the ongoing governance of strategic technology suppliers through effective contract management, supplier performance reviews, commercial governance frameworks, and value realisation activities.
• Ensure sourcing activities and supplier engagements align with the Group Supplier Lifecycle Policy and applicable procurement, risk, security, and regulatory requirements.
• Contribute to the management of the broader IT Services procurement portfolio, including large-scale renewals, panel arrangements, transformation programs, supplier segmentation initiatives, and cost optimisation opportunities that support the Bank’s strategic objectives.

We're interested in hearing from people who have:

• Extensive experience in procurement, strategic sourcing, supplier management, or commercial management within large and complex organisations.
• Proven experience leading complex commercial negotiations and delivering significant business value through sourcing and supplier strategies.
• Exceptional stakeholder management skills with the ability to influence and partner effectively at executive and senior leadership levels.
• Strong commercial acumen with the ability to balance cost, risk, service, and strategic outcomes.
• Experience navigating complex governance, risk, and regulatory environments.
• Excellent analytical, problem-solving and decision-making capabilities.
• A growth mindset with a passion for continuous improvement, innovation, and challenging traditional ways of working.
• An understanding/interest of IT services, managed services, professional services, cloud, software, and technology supplier ecosystems (highly regarded not essential).

At CommBank, we support our people with the flexibility to balance where work is done with at least half their time each month connecting in office. We also have many other flexible working options available including changing start and finish times, part-time arrangements and job share to name a few. Talk to us about how these arrangements might work in the role you’re interested in.

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