Head, Procurement & Vendor Management, Stanbic IBTC Pension Managers Limited
Job Summary
The Head Procurement & Vendor Management is responsible for leading and executing the organizations procurement and vendor management strategy ensuring the delivery of cost-effective compliant and value-driven sourcing solutions across the business. The role oversees procurement planning strategic sourcing contract management vendor governance supplier performance management and procurement risk management while driving operational excellence process improvements and adherence to regulatory and corporate governance requirements.
The incubent will lead vendor onboarding and due diligence processes manage supplier relationships and performance oversee competitive bidding and contract negotiations and ensure the integrity of vendor data and procurement records. The role also provides leadership to the Procurement and Vendor Management team partners with key stakeholders across Finance Risk Compliance Legal and business units and delivers strategic insights reporting and continuous improvement initiatives that support business objectives and maximize value from supplier engagement.
Qualifications :
Type of Qualification: First Degree
Field of Study: Procurement Economics Management Accounting or a related field
Masters degree is an added advantage.
Experience Required
Minimum of 7-10 years progressive experience in Procurement Strategic Sourcing Vendor Management Contract Management Supplier Relationship Management and Procurement Operations.
Strong experience in supplier risk management regulatory compliance audit controls and third-party risk management within a financial services or regulated industry environment.
Hands-on experience managing procurement processes using SAP or other procurement and procure-to-pay systems.
Demonstrated experience leading strategic sourcing initiatives vendor negotiations contract administration supplier performance management and cost optimization projects.
Proven leadership experience managing procurement and vendor management teams and engaging senior stakeholders across Finance Risk Compliance Legal and business functions.
Knowledge of the Pension Financial Services Asset Management or Banking industry and relevant regulatory requirements is an added advantage.
Additional Information :
Behavioural Competencies:
- Upholding Standards
- Generating Ideas
- Developing Strategies
- Taking Action
- Analysing Solutions
Technical Competencies:
- Procurement & Strategic Sourcing
- Vendor & Supplier Management
- Written Communication
- Business Administration Skills
- Data Management
Remote Work :
No
Employment Type :
Full-time
About Company
Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients ... View more