Job Description

Who we are

We’re a venture-scaler powered by CommBank. That means we build, buy, and invest in startups that could benefit the bank’s 15 million customers and beyond.

Because of what we do, we’re really neither corporate, nor startup – instead we’re happily navigating the space between both worlds. We're close enough to benefit from the bank’s strategy, scale, and stability, but separate enough that we have the autonomy to try new things.

What it’s like to work here

We’re a community of galvanisers, thinkers, and doers. We have a big, bold vision, which so far no-one has nailed (including us). That excites, rather than deters, us.

We never lose sight of the impact we can have on people’s lives, and the role that each of us plays in shaping the bank of the future. We don’t take ourselves too seriously and make time to connect to celebrate and grow our people.

At x15, we’re guided by three values: Care, courage, and commitment. And what does that mean? We’re aware, attuned, and always act to help our people and our customers. We’re more than just job titles and we don’t hide the human stuff. We lead with grit and grace and do what's right – even if it's hard. And, whatever happens, we always find a way.

Where would you fit?

x15 is looking for a Procurement Senior Manager to lead procurement governance, commercial strategy, and supplier management across x15 and its ventures.

This is an opportunity to shape how ventures engage third parties, optimise commercial value, and manage supplier risk in a fast-moving innovation environment.

As the Procurement Senior Manager, you will act as the procurement SME across x15 and partner closely with ventures, risk, security, legal, and technology SMEs to drive strategic procurement outcomes.

You’ll lead complex negotiations, improve procurement practices, and ensure strong governance and compliance across third-party engagements.

Key Responsibilities

Commercial Strategy & Supplier Management

• Lead high-value and high-risk commercial negotiations
• Build and maintain strategic supplier relationships
• Drive commercial optimisation and cost-saving initiatives
• Partner with Legal on complex contractual arrangements

Procurement Governance & Compliance

• Act as SME for procurement, supplier, and third-party policies
• Ensure compliance with Group procurement and payment policies
• Monitor and implement policy and process changes
• Manage procurement-related escalations, exemptions, and exceptions

Procurement Operations Leadership

• Oversee end-to-end procurement processes across ventures
• Support supplier selection, onboarding, and contract management
• Improve procurement processes and ways of working

Business Delivery

• Provide delivery and execution expertise to support x15 and its Ventures in:
  • Prioritising initiatives
  • Managing delivery activities
  • Supporting execution outcomes
  • Ensuring alignment to strategy and OKRs
• Assist teams to embed effective operational and delivery practices.

What We’re Looking For

Experience

• Extensive experience in procurement, sourcing, commercial negotiation, or supplier management
• Experience operating in complex or regulated environments
• Strong understanding of procurement governance and risk management

Commercial Capability

• Proven ability to negotiate complex commercial agreements
• Strong supplier relationship management experience
• Ability to balance commercial outcomes with risk and compliance requirements

Skills

• Excellent stakeholder management and influencing capability
• Strong negotiation and communication skills
• Strategic thinker with strong operational execution capability
• Ability to manage competing priorities in fast-paced environments

Why Join us?

• Shape procurement strategy across a growing venture portfolio
• Work on complex, high-impact commercial initiatives
• Influence senior stakeholders and strategic decisions
• Join a collaborative and innovation-focused environment

Advertising End Date: 04/06/2026