First Bank of Nigeria Ltd.

Head, Vendor Management

First Bank of Nigeria Ltd.  •  Federal Republic of Nigeria (Onsite)  •  5 months ago
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Job Description

  • Primary contact for external vendor(s)/partner(s) and internal stakeholder
  • Initial point of escalation for internal and external stakeholders on Vendor Management Issues
  • Collaborate with Business Units/Category Managers to identify vendor/partner candidates who can deliver the required services/resources for an assigned service/supply of goods
  • Coordinate the collection and analysis of relevant performance metrics (e.g. KPIs/KQIs) with Category Managers/Business Unit
  • Responsible for monitoring and managing key performance metrics for vendor(s)/partner(s) to continuously evaluate performance
  • Interpret internal stakeholder needs, collaborate with and provide guidance to vendor(s)/partner(s) to assure new capabilities and services are developed to meet identified internal needs
  • Monitor and report on the performance of key strategic vendors to ensure delivery in line with contractual obligations and performance metrics
  • Evaluate potential suppliers using developed and agreed criteria to support alignment and understanding of the expectations and requirements of engagement
  • Manage outward communication to vendors to facilitate understanding and awareness of organizational strategic direction, changes and challenges
  • Identify ways to improve performance and relationship with Vendors
  • Co-ordinate the Risk classification of vendors (where relevant) with the Category Management Team
  • Develop general contract management initiatives
  • Supervise Vendor Management Team
  • Engage with Compliance Team on vendor regulatory requirements
  • Analyze Vendor performance data to identify opportunities for overall improvement
  • Monitor poor performing vendors to watch list and for major incident reported, investigate and recommend for Blacklisting
  • Undertake any other responsibilities as requested by the Head of Department, in accordance with the scope and responsibilities of the role
  • Comply with the principles and policies in the Information Security Hand book of the Ban

Job Requirements:

  • Bachelors Degree in any related field
  • Masters' Degree would be an added advantage
  • Minimum of 10 - 13 years of experience in a similar role
First Bank of Nigeria Ltd.

About First Bank of Nigeria Ltd.

First Bank of Nigeria Ltd – Keeping You First

First Bank of Nigeria Limited (FirstBank) is Nigeria’s premier commercial bank and most valuable banking brand.

With over 10 million active customer accounts and more than 750 business locations, we provide a comprehensive range of retail and corporate financial services to customers and investors wishing to explore the vast business opportunities available in Nigeria and our business locations across Africa, Europe, Middle East and Asia.

To live our promise of ‘YOU First’, we design products and services to support your personal, family and business needs.

Our array of products – cards, channels, transfer services, loans & advances, deposit products, guarantees, distributorship financing, cash management and foreign trade service – create convenience for your transactions, empower your businesses and offer flexibility of choice.

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Lagos Island , NG
Year Founded
1894
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