Manager : 3Rd Party Contracts

Liberty Group South Africa; Johannesburg; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A leading financial services provider in Johannesburg seeks a Contracts Manager to align the 3rd Party Contract and Commercial Management strategy with organizational goals. Responsibilities include managing service level agreements, developing management information systems for monitoring, and collaborating with key stakeholders. The ideal candidate will have a relevant degree, managerial experience, and strong interpersonal skills. This role is integral to maintaining regulatory compliance and ensuring the efficiency of contract execution.

Qualifications

• 3 - 5 years' experience in a similar environment.
• 5 - 8 years' experience in a similar environment, with 3 - 4 years at management level.

Responsibilities

• Contribute to the development of the contract strategy.
• Develop and manage the MIS dashboard for client monitoring.
• Build relationships with stakeholders for effective contract management.
• Present reports on challenges and complexities to management committees.
• Monitor contractual transactions through client account plans.

Skills

Developing Strategies

Directing People

Documenting Facts

Embracing Change

Empowering Individuals

Examining Information

Generating Ideas

Interacting with People

Education

Bachelor's Degrees and Advanced Diplomas [NQF Level 07] in Information Technology and Computer Sciences

Tools

Management Information Systems (MIS)

Database Administration

Financial Management (IT)

Job description

About the role

To contribute to the strategic direction of the 3rd Party Contract and Commercial Management portfolio and ensure that the implementation of the strategy is aligned to the overall Standard Bank Group (SBG) strategy. To provide comprehensive, complex contract and commercial solutions in order to manage and regulate service level agreements between Standard Bank and suppliers through guiding and directing the translation of contractual obligations. To contribute to the strategic direction of the 3rd Party Contract and Commercial Management portfolio and ensure that the implementation of the strategy is aligned to the overall Standard Bank Group (SBG) strategy. To provide comprehensive, complex contract and commercial solutions in order to manage and regulate service level agreements between Standard Bank and suppliers through guiding and directing the translation of contractual obligations.

Minimum Experience

• 3 - 5 years' experience in a similar environment
• 5 - 8 year's experience in a similar environment, of which 3 - 4 years at management level

Minimum Qualifications

Bachelor's Degrees and Advanced Diplomas [NQF Level 07] in Information Technology and Computer Sciences

Essential Functions

• Contribute to the development of the 3rd Party Management Contract and Commercial strategy and ensure the implementation of it through providing direction on service level agreements and translating contractual obligations based on developed road maps.
• Develop and manage the Management Information Systems (MIS) dashboard to monitor the health of the client and business to assure alignment to the bank's customized needs and the developed supplier road maps.
• Develop collaborative relationships with CIO's and business stakeholders and be a custodian of key stakeholder engagement and management of Contract and Commercial engagements in 3rd Party Management and interaction with key stakeholders across all business lines.
• Develop reports and present to MANCO and Risk Committees on a quarterly and yearly basis on identified challenges and arising complexities from the commercial contractual engagements between the bank and suppliers. Develop mitigating strategies for identified gaps within the portfolio and report on the implementation of these strategies within these committees.
• Develop, manage and execute client account plans by monitoring and evaluating contractual transactions, in order to keep these plans aligned to the bank's strategy while ensuring value to the bank.
• Keep abreast with evolving technological trends that the 3rd Party Contract and Commercial Management portfolio within the bank is in use of the most efficient and effective technology in execution of its portfolio.
• Lead 3rd Party Contract and Commercial Specialist in the effective achievement of strategy by setting goals, managing performance, developing, coaching and mentoring the team to enable a culture of high performance, accountability and excellence.
• Maintain accurate contractual engagements according to standards set on the Sub-Guidance Note 5 of 2017 Framework and other regulatory bodies. Keep abreast with regulatory developments and legislation on contract management and updated procurement processes at a national and international spectrum.
• Support the strategic initiatives of Chief Information Officers and Heads of departments by providing guidance on contractual engagements based on supplier developed road maps, across all business units.
• Translate the commercial commitments into contractual agreements between the bank and the supplier to manage billing and ensure it is aligned to contractual obligations. Account for aligned and applicable calculations to related penalties to assure adherence to broader finance and risk requirements.

Competencies

Behavioral

• Developing Strategies
• Directing People
• Documenting Facts
• Embracing Change
• Empowering Individuals
• Examining Information
• Generating Ideas
• Interacting with People

Technical

• Business Continuity and Disaster Recovery Planning
• Business Process Improvement
• Change Control and Management (IT)
• Database Administration
• Emerging Technology Monitoring
• Financial Management (IT)
• IT Strategy & Planning