Procurement Relationship Manager

At Ubank, we empower the digital generation to achieve financial success. Think of us as your daily money companion, offering a unified view of your finances with smart features and real-time insights. Save more, track spending, and achieve home ownership faster with Ubank.  

The Procurement Relationship Manager is responsible for managing strategic relationships with key suppliers, ensuring delivery of high-quality products that meet Ubank's operational and regulatory needs. This role plays a critical part in enabling agile, tech driven solutions by aligning supplier performance with Ubank's innovation, compliance and customer experience goals. 

Key Responsibilities:

Supplier Relationship Management  

• Build, maintain and strengthen strategic relationships with key suppliers
• Act as a primary point of contact between the business and suppliers
• Conduct regular supplier reviews to ensure performance, risk and compliance obligations are met

Stakeholder Engagement  

• Collaborate with internal business units to understand their procurement needs and align supplier solutions accordingly
• Influence and support stakeholders in supplier selection, onboarding and performance management
• Provide guidance on the procurement processes and policy compliance

Commercial  

• Support negotiations and implementation of supplier contracts
• Monitor supplier performance against SLA and KPI
• Manage contract lifecycle events such as renewals and amendments

Procurement Strategy Support 

• Contribute to category strategies and sourcing plans
• Identify opportunities for cost optimisation innovation and supplier consolidation
• Provide market and supplier insights to inform procurement decisions

Risk  

• Ensure suppliers meet regulatory and legal standards
• Proactively manage third party risk through due diligence and ongoing monitoring
• Maintain documentation to support audit and regulatory requirements

Data and Reporting 

• Track and report on supplier performance, spend analytics and relationship health
• Maintain accurate records in procurement and vendor management systems
• Present findings and insights to leadership and stakeholders

Continuous Improvement  

• Drive initiatives to improve supplier collaboration, process efficiency, and service delivery
• Support change management and procurement transformation projects where needed

Your Experience:

Knowledge and solid experience within Financial Services particularly around: 

• Procurement or supplier relationship management (5+ years) across both Digitial Business and Technology platforms
• Experience within the Banking & Financial Services industry advantageous
• Deep understanding of third party risk management and compliance obligations along with regulatory expectations
• Experience influencing key stakeholders both internally and externally to balance commercial, risk and strategic outcomes
• Negotiation experience to deliver value on price, service levels, innovation, risks sharing and continuous improvement
• Project management
• Strong commercial acumen

Why Ubank?  

• Innovation with impact: From meaningful work to amazing benefits, we equip you with the tools and support to drive real change - so your ideas don't just stay ideas, they become impact.
• Collaborative, supportive & fun: We believe innovation is a team sport. It comes from a special kind of culture that's highly collaborative and gives people the support they need to thrive.
• Build something great: Ubank is where ambition meets opportunity. We don't just talk about change - we give you the tools, trust, and support to make it happen.
• Freedom to be yourself: We celebrate individuality and give you the flexibility to work in ways that suit your style. Our hybrid working model lets you balance connection and autonomy.
• Accelerate your Career: With clear paths for career development, your potential won't just be recognised, it'll be accelerated.

We acknowledge the Traditional Custodians of our local area.   

This Sydney-based permanent role requires Australian or New Zealand citizenship or permanent residency.   

We welcome applicants of all backgrounds, and our Talent team is excited to connect with you.   

Apply now with your CV and explore this exciting opportunity