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  • Posted: November 19, 2019
    Deadline: Not specified
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  • Rand Merchant Bank (RMB), a division of FirstRand Bank Limited, is a leading African corporate and investment bank and part of one of the largest financial services groups in Africa. We offer our clients innovative, value-added advisory, funding, trading, corporate banking and principal investing solutions. As the corporate and investment banking arm of Firs...
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    Sourcing Specialist (Commodity Lead- Facilities)

    To partner with Business by providing support with procurement negotiations and processes.

    Responsibilities:

    • Source, negotiations with vendor and business
    • Provide guidance to business, for example on discounting and contracting
    • Take responsibility for the end-to-end management of RFP and RFI processes
    • Continually evaluate the effectiveness of current systems and processes with a view to increasing efficiencies; implement changes and monitor the effectiveness thereof

    IT and Market Data

    •  Manage the billing, allocation and sourcing of markets data services
    •  Report on compliance and non-compliance regarding usage to service providers (Reuters, Bloomberg, etc.)
    • Co-ordinate billings for existing contracts
    • Sets up new contracts
    • Negotiate with vendors and apportion allocation based on usage and agreed recovery models with in business
    • Facilitate the procurement of services according to focus area, e.g. BT services or source, negotiations with vendor and business.
    • Provide guidance to business, for example on discounting and contracting
    • Take responsibility for the end-to-end management of RFP and RFI processes
    • Continually evaluate the effectiveness of current systems and processes with a view to increasing efficiencies; implement changes and monitor the effectiveness thereof
    • Participate in budgeting processes from both a commercial and financial perspectives in terms of understanding and planning for business demand and priorities and deciding with the business how items or services are to be acquired
    • Report any policy breaches and associated Risk to the relevant BU’s
    • Initiate dialogue to build professional working relationships with all stakeholders, displaying excellent abilities to listen, advise, influence negotiate and present at all levels
    • Lead and facilitate difficult conflict situations into consensual agreements
    • Integrate opinions and information provided by various sources to make strategic decisions
    • Adapt communication styles to meet the needs of different audiences
    • Continually scan the industry to identify opportunities to create strategic partnerships with key individuals and bodies
    • Find opportunities to leverage relationships and promote knowledge sharing, ideas and insights

    Qualifications:

     Relevant Degree

    •  3+ years’ procurement, IT sourcing and financial experience
    •  Experience in negotiating large-scale contracts in a CIB environment would be preferable


    Technical Pre-requisite

    •  Able to read and interpret contracts Knowledge of clients’ BT requirements
    • Need to understand contracts
    • Microsoft Office with Advanced Powerpoint
    • IT Contacts    

    Competencies

    • Influencing and Impact (incl. Negotiation) - capacity to create appropriate levels of impact by using verbal and non-verbal communication skills to influence and/or negotiate win-win agreements to proposals, plans or ideas
    •  Analysis and Attention to Detail - ability to be systematic and rule orientated in gathering, reviewing and evaluating data from a variety of perspectives; includes the ability to work with precision and highlight inconsistencies and inaccuracies in detailed information
    •  Commercial and Financial Acumen - Understands relevant financial and commercial knowledge to be able to optimise financial resources to meet current and/or future priorities
    • Building Relationships - capacity to put people at ease and build sound relationships based on mutual trust and openness.

    Method of Application

    Interested and qualified? Go to Rand Merchant Bank on www.linkedin.com to apply
  • MYJOBMAG.CO.ZA
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