Procurement Governance Specialist
4 days ago
At Colonial First State, we're committed to creating a culture of expert and passionate people. Our organisation is dedicated to developing a strong team that encourages and supports you to be your best.
Role OverviewThe Manager Supplier Governance role is based in Sydney, Australia, and is part of the Procurement and Supplier Governance team within the Finance and Fund Services division. As a key member of this team, you'll be responsible for onboarding and offboarding suppliers by providing administration, maintenance, and reporting of information relating to suppliers of Colonial First State. You'll also monitor and oversee regulatory compliance with the CFS Procurement and Outsourcing Policy and Standard to ensure critical suppliers are managed in accordance with regulatory obligations, internal risk management requirements, contractual obligations, and service performance that meets the operational needs of the business teams.
Your Key Responsibilities- Manage risk assessment processes, identify risks, and implement mitigation strategies for new and existing suppliers.
- Oversee governance meetings, monitor regulatory compliance, and ensure obligations are met through reporting and escalation.
- Develop quality reports, provide data-driven insights to senior management and boards, and support decision-making.
- Partner with stakeholders to optimise supplier governance, enhance service agreements, and drive continuous improvement in risk management.
- Maintain guides for supplier risk assessments and stay updated on emerging financial and compliance trends.
- Proven experience managing end-to-end third-party or supplier lifecycle processes, including risk assessment and performance management.
- Strong risk mindset to identify, discuss, and act on current and future risks proactively.
- Extensive experience in complex corporate environments with exceptional stakeholder engagement and influence skills.
- Background in IT or financial services, and expertise in managing CPS 230/SPS231 compliance and third-party outsourcing.
At Colonial First State, we believe that success is built upon strong teams, and we're dedicated to celebrating uniqueness, championing individuality, and supporting a diverse and inclusive workforce. We offer a range of benefits, including access to our Employer Super fund, which offers an expansive investment menu and flexible insurance solutions. We also provide discounts on home loans and daily bank accounts through our partnership with a leading financial institution.
Benefits and Perks- Access to Colonial First State Employer Super, offering an expansive investment menu and flexible insurance solutions.
- Support with financial services, including discounts on home loans and daily bank accounts.
- 24/7 confidential support covering safety, medical, and mental health services.
- Additional leave day to celebrate your birthday.
- Life Leave - 3 days per annum to focus on your wellbeing or celebrate a special event.
- Exclusive discounts on retail, travel, and entertainment.
Based in Sydney, this role requires candidates to have full work rights in Australia. Background checks will be completed prior to employment confirmation.
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