Procurement Expert

2 days ago

Sydney, New South Wales, Australia beBeeRisk Full time $110,000 - $170,000
Procurement Specialist

This role is part of our Business Banking team, supporting the full range of Business Banking products. The Procurement Analyst - 3rd Party Management specialist ensures compliance and risk appetite in relation to onboarding and ongoing management of 3rd parties.

Key Responsibilities:
  • Support business teams in selection, procurement, and onboarding of new suppliers and distribution partners while adhering to procurement policies, processes, and 3rd party management frameworks.
  • Plan and execute the annual calendar of 3rd party management activities, including updates to 3rd party contracts, risk assessments, due diligence activities, and governance activities.
  • Act as a key liaison between 3rd parties and business service owners to ensure awareness and communication of changes, updates, and relevant planning activities.
  • Coordinate, participate in, and implement updates or activities required as part of regulatory, policy, or business change for Business Banking.
  • Design and conduct contract audits and supplier controls, overseeing performance against SLAs to drive business value.
  • Act as a key contact point for business continuity activities across Business Banking, working with experts in Business Continuity Management and Technology Risk teams to ensure resilient business services across 3rd/4th parties.
  • Report, analyze, and provide insights on supplier and distribution party usage, value, and compliance – including liaising to manage any events, issues, complaints, or related risk activities.
Required Skills and Qualifications:
  • 5-10 years' experience in a banking or financial services role or related industry.
  • Experience working in an agile environment, with a good understanding of 3rd party risk, procurement, and business continuity processes.
  • Understanding of regulatory & compliance regimes relevant to 3rd party suppliers and distribution partners in Financial Services.
  • Sound understanding of operational risk processes – including risk assessment, issue and event management, control testing.
  • Natural curiosity and strong problem-solving skills to identify root causes and find solutions to address process and control deficiencies.
  • Data fluency, attention to detail, and passion for deriving insight from data and supporting management decisions through reporting and insights.
  • Strong relationship building and influencing skills, able to liaise with a diverse group of stakeholders.

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