Sourcing & Procurement Risk Strategy Lead

1 week ago

Melbourne, Victoria, Australia ANZ Full time

About Us

At ANZ, we're shaping a world where people and communities thrive, driven by a common goal: to improve the financial wellbeing and sustainability of our millions of customers.

About the Role

As a Lead in the team, you'll play a key role in helping to support and deliver regulatory uplift (APRA CPS 230) and ensure that requirements are aligned with the sourcing plan. The role will act as the Procurement Business Partner and point of contact for procurement into the CPS 230 program:

  1. Ensuring that the uplift plan/processes are well designed, aligned with CPS 230 stream requirements appropriately prioritised and aligned with longer term category strategy
  2. Supporting development of uplift requirements in line with short to medium term sourcing plan and providing forecast of regulatory change for key negotiations and categories
  3. leading complex uplifts as well as helping negotiate balanced risk positions across in scope contracts and ensuring any cost and risk impacts are well understood

Role Type: 12-month Secondment/Fixed Term Contract

Location: Melbourne VIC

What will your day look like?

This role is accountable for:

  • Developing the sourcing plan across procurement for key regulatory programs including CPS 230 to identify uplift requirements against current contracts, to optimise timing of negotiations and points of leverage
  • Advising on appropriate commercial considerations in consultation with category managers, risk domains, legal and TPRM based on ANZ risk appetite, ensuring that any increase in cost to serve is well understood and built into forward guidance with finance.
  • Support development playbook streamlined uplift processes for business areas to establish, document and evidence diligence on contracts across buying channels (low touch purchasing to high touch sourcing)
  • Facilitating procurement governance working closely with relevant functions where CPS 230 squad or other business areas that may be executing their own variations to ensure alignment with sourcing and purchasing standard.
    • Build trusted relationships with key Business and Functional stakeholders, and broker relationships for other teams who have like stakeholders across the business.
    • Apply long-term strategic thinking aligned to Company/BU strategies to guide and coach CMH and regional teams to identify negotiation levers and opportunities to embed uplift into future negotiation strategies as CPS 230 becomes part of BAU
    • Help share bright spots and elevate Procurement brand with these Program/Divisions/BU's across Procurement and Finance

What will you bring?

To grow and be successful in this role, you will ideally bring the following:

  • Problem Solve within highly complex and ambiguous situations
  • Strong communicator, stakeholder and relationship management
  • Understand associated key risks and appropriate control options
  • Strong compliance and risk management knowledge
  • Strong commercial acumen, experience managing large deals, ability to work with procurement data to produce meaningful insights
  • Results orientated
  • Adept at deploying program management frameworks within a sourcing context
  • Understanding of broader business context and translating into key priorities for Procurement to support
  • Understanding supply market dynamics, Third Party Risk landscape, external leading practice, market trends relevant to spend areas
  • Understanding of end to end procurement lifecycle management across Strategy, Source to Contract, Supplier Relationship Management through to Req. to Pay

You're not expected to have 100% of these skills. At ANZ a growth mindset is at the heart of our culture, so if you have most of these things in your toolbox, we'd love to hear from you.

So why join us? (Global)

From the moment you join ANZ, you'll be doing meaningful work that will shape a world where people and communities thrive.

But it's not just our customers who'll feel your impact. you'll feel it too. Because at ANZ, you'll have the resources, opportunities, and support you need to take the next big step in your career.

We're a diverse bunch at ANZ in different roles, different locations, doing different things. That's why we have a range of flexible working arrangements, so our people can 'make work, work for them'. We also provide a range of benefits including access to health and wellbeing services and discounts on selected products and services from ANZ and more.

At ANZ, you'll be part of an organisation where the different backgrounds, perspectives and life experiences of our people are celebrated. That's because We're committed to building a workplace that reflects the diversity of the communities we serve. We welcome applications from everyone and encourage you to talk to us about any adjustments you may require to our recruitment process or the role itself. If you are a candidate with a disability or access requirement, let us know how we can provide you with additional support.

To find out more about working at ANZ, visit You can apply for this role by visiting ANZ Careers and searching for reference number XXXX.

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