Job Classification

Job Family

Administration, Operations and Facilities

Career Stream

Procurement and Vendor Management

Leadership Pipeline

Manage Others

FAIS Affected

Job Purpose

To lead, manage and influence the procurement transformation strategy for the Group, in line with the Nedbank strategy as well as national imperatives.

Job Responsibilities

• Set Nedbank Group Procurement Transformation strategic direction and strategy in line with Nedbank Group strategy and national imperatives.
• Leverage Enterprise Supplier Development (ESD) strategies to support the bank's profitability and primary/secondary banking clients strategies, through introduction of primary/secondary banked B-BBEE suppliers
• Supplement bank profitability by coordinating and supporting clusters with appropriate product mix and servicing support (banking products to suit business needs) for ESD and SME suppliers.
• Showcase transformation innovation and recognise transformation benefit opportunities by being receptive to internal and external environment and market conditions.
• Influence and implement market access growth opportunities for transformed suppliers in Nedbank's supply chain and external supply chains, where appropriate to help grow these transformed businesses.
• Increase spend with SME suppliers across Nedbank in line with Nedbank strategy
• World-class at managing risk across procurement activities as well as with suppliers to minimise negative impacts to Nedbank as well as impairments.
• Ensure that Procurement Transformation team managers facilitate, enable, build and maintain trust-based relationships with executives, senior management and suppliers (directors) by monitoring and tracking Transformation internally to Nedbank and externally within existing and potential supplier environments.
• Achieve strategic objectives of the Group Procurement Function by collaborating, understanding and aligning objectives within Group Finance and Group Business Services.
• Enable effective conflict management resolutions for escalated issues by engaging with stakeholders and facilitating viable and sustainable solutions.
• Enable strategic partnerships by monitoring key expectations of executive stakeholders and building long term relationships to ensure constant alignment.
• Collaborate with other organisations as far as transformation (including financial institutions) as well as facilitate (input) adoption of common approach across the financial services industry as delegates to FSC Sectoral Procurement Committee, represent the banks;
• Create stakeholder management plans and engage with all stakeholders to understand their businesses, products, solutions and innovation in order to become an advocate for Nedbank products with suppliers and increase Nedbank profitability ratios
• Achieve strategic business objectives for the Procurement Transformation function across Nedbank by managing engagement models, hand-over points, and processes with all stakeholders.
• Manage performance of reports and hold them accountable for managing the performance of their reports by implementing performance agreements, ensuring a clear vision, agreeing on goals and objectives, providing regular feedback on performance, recognising and rewarding achievement and taking appropriate corrective action where required.
• Share knowledge and industry trends with team and stakeholders during formal and informal interaction.
• Deliver a world class service through others by ensuring a client-centric culture through required interventions.
• Identify areas of resource inefficiencies and promote optimisation through promoting multi-skilling and addressing capacity gaps by reviewing and improving work processes.
• Achieve operational excellence by supporting the implementation of business optimisation improvement through team engagement.
• Encourage team to generate innovative ideas and share knowledge.

Job Responsibilities Continue

People Specification

Essential Qualifications - NQF Level

Preferred Qualification

M-CIPS (Certified Institute of Purchasing and Supply)

MBA or Equivalent post graduate qualification

Essential Certifications

Preferred Certifications

Minimum Experience Level

10 years in procurement / marketing or management consulting industry with 5 years at senior management level managing others.

Technical / Professional Knowledge

Behavioural Competencies