Commodity Specialist - Contractor

nedbank; Johannesburg; On-site; ZAR 300 000 - 450 000; Full time

Job summary

A leading financial institution in South Africa seeks an experienced Procurement Specialist to manage the end-to-end procurement process. The role requires a minimum of 3 years of procurement experience and advanced diplomas. Responsibilities include analyzing trends, assisting with stakeholder budget forecasting, and ensuring compliance with regulatory requirements. This position is offered on a contractual basis for 6 months.

Qualifications

• Minimum 3 years procurement experience.
• Administrative knowledge relevant to banking.
• Ability to measure local procurement against transformation goals.

Responsibilities

• Execute procurement sourcing process aligned with business strategy.
• Analyze trends and assist with budget forecasting.
• Develop and maintain procurement policies.

Skills

Administrative procedures and systems

Banking knowledge

Business principles

Data analysis

Decision Making

High-Impact Communication

Education

Advanced Diplomas/National 1st Degrees

CIPS, MCIPS

Job description

Contract Duration - 6 months

Job Family

Administration, Operations and Facilities

Procurement and Vendor Management

Manage Self: Technical

Job Purpose

To execute the end to end procurement sourcing process for controlled commodities in line with Nedbanks business strategy.

Job Responsibilities

• Analyse trends by reviewing management information.
• Assisting stakeholders with budget forecasting by providing commodity information.
• Identifying opportunities to develop sourcing strategy that will result in cost saving by benchmarking and negotiating with internal and external stakeholders.
• Ensure that preferential procurement BBBEE targets are aligned to the Financial Sector Charter (FSC) as determined by the Department of Trade and Industry code of good practice.
• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives.
• Participate and support corporate social responsibility initiatives for the achievement of key business strategies.
• Identify and recommend opportunities to enhance processes; systems and policies and support implementation of new processes; policies and systems.
• Develop and maintain policies by understanding and collaborating with stakeholders to determine practical processes.
• Mitigating risks by ensuring that policies and regulatory and industry governance requirements are adhered to.
• Selection of preferred suppliers by conducting a tender or quotation process.
• Drafting and signing of contracts by liaising with Group Legal and stakeholders.
• Ensuring SLA's are met through end to end management of the contract (includes supplier relationship and performance management).
• Measure local procurement and environmental objectives against Nedbank's transformational objectives by conducting surveys or reviewing management information.
• Identifying business requirements by engaging with internal stakeholders to understand business needs.
• Collaboration with stakeholders to implement the sourcing strategy by coordinating workshops; presentations and meetings.
• Exchange of information between stakeholders to achieve the procurement objective by sharing management information.
• Manage and maintain internal and external stakeholder relationships by conducting regular engagements. Keep abreast of legislation and other industry changes that impacts on role by reading the relevant newsletters; websites and attending sessions.
• Understand and embrace the Nedbank vision and demonstrate the values through interaction with team and stakeholders.
• Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression for self through input and feedback from managers.
• Ensure personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed; experience practiced and certifications obtained and/or maintained within specified time frames.
• Ensure information is provided correctly to stakeholders by maintaining knowledge sharing knowledge with team.

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• CIPS, MCIPS

Minimum Experience Level

• 3 years procurement experience

Technical / Professional Knowledge

• Administrative procedures and systems
• Banking knowledge
• Banking procedures
• Business principles
• Business terms and definitions
• Data analysis
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Governance, Risk and Controls
• Decision Making
• High-Impact Communication
• Managing Work
• Sustaining Customer Satisfaction
• Technical/Professional Knowledge and Skills

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Nedbank Ltd Reg No 1951/000009/06.
Authorised financial services and registered credit provider (NCRCP16).

For assistance please contact the Nedbank Recruiting Team at [phone]