Jobs at Absa Group

To provide specialist support and direct output to the Senior Manager Supplier Diversity and Business for the development of strategy, framework, standards and compliance reporting for Supplier Development and Diversity, Local and Preferential Procurement and driving initiatives to secure regulatory and social license to operate across the Absa Group. Support the translation of strategy into action and build the Supplier Diversity, Local and Preferential Procurement capability and competency and find suitable suppliers that can participate in Absa’s sourcing processes. Collaborate closely with Group Exco members and build collateral relations with senior stakeholders in business, countries and Group Procurement to ensure an effective Supplier Development and Diversity framework and programme aligned to Absa requirements is embedded.

Job Description
Accountability: Supplier Development and Diversity, Local and Preferential Procurement

• Define and develop supplier diversity and development, local and preferential framework and strategy to meet regulatory targets and give effect to Absa’s “playing a shaping role in society” strategic tenet.
• Define and develop standards for supplier development and diversity, local and preferential procurement and ensuring that these standards are embedded in Absa’s tender and contracting processes and monitoring the compliance thereof.
• Provide ongoing advice and direction to the operational environments into policies, procedure, legislative and regulative operations whilst maintaining the appropriate commercial, compliance and regulatory balance.
• Continuously develop and maintain healthy collaborative cross functional working relationships with the respective Managing Executives, EXCO members, Group Category Procurement, Business Heads of Procurement and Enterprise Development teams to create an active awareness of the need to increase local and preferential procurement; supplier development and diversity through transformation of the Third Party spend base.
• Co-ordinate, collaborate and actively work with Business Units, Absa Regional Office and Group Category Procurement teams to integrate the internal value chain for all back office and support functions and suppliers to structure relevant programmes and initiatives that meet and/or exceed the prevailing regulatory targets and generate demonstrable and sustainable year-on-year supplier development, local and preferential procurement impacts in local economies and communities.
• Ensure that processes and systems are in place to drive supplier development and diversity, local and preferential procurement programmes and ensure timely and accurate monthly, quarterly and annual reporting of supplier development, local and preferential procurement performance inclusive of updating the Business Intelligence system as input towards the Absa annual integrated reporting requirements.
• Support the integration of Group Procurement, the Absa Regional Office and Business Unit outputs with the overall Sustainable Development Strategy.
• Support the annual BBBEE verification in South Africa for supplier development and preferential procurement.
• Review performance against FSC scorecard and as prescribed by the Group Executive, discuss gaps and agree action plans to close gaps.
• Facilitate knowledge transfer forums to grow a best-in-class Supplier Diversity and Development discipline.
• Implement leadership reports, providing tracking on key Procurement and departmental KPI’s.
• Develop a knowledge hub of all the organisation’s Supplier Diversity systems, processes and critical data elements and standards.
• Establish, build and maintain an Absa wide database of diverse suppliers by finding sources, mining those sources and qualifying suppliers in terms of suitability and development needs.

Accountability: Change and Programme Management

• Ensure that the necessary attention is given to problematic initiatives or programmes and manage escalated issues impacting on deliverables and review risks, issues and mitigating actions that have been put in place.
• Develop and/or update training materials as required and support Business and beneficiary suppliers with pre-funding and post funding implementation processes and systems.
• Evaluate, recommend for approval and oversee implementation of business cases for supplier development funding and work closely with Group Procurement Category Heads of Procurement, Business Unit enablement teams, BU Heads of Procurement and Credit and Enterprise Development teams to create alignment between the different initiatives and ensure that benefits realization is appropriately recorded and realised.
• Execute implementation plans to deliver quality results within defined timelines.
• Analyse effectiveness of processes and systems in use in the department and make recommendations for improvements.
• Agree and manage service offerings and SLAs with internal customers (agree annually and measure on a monthly basis).

Accountability: Risk Management

• Ensure that processes, control requirements and risk management frameworks that impact the area are documented, managed and understood.
• Manage all business risk activities, including assurance, conformance testing and management self-assessment to implement Group Risk and Compliance requirements within the operating environment.
• Work with Absa Internal Audit and Assurance functions during the scoping of audits to ensure fair coverage. .
• Assist in executing corrective actions to remediate deteriorating risk metrics.
• Conduct post mortem or lessons learnt exercises and debriefing sessions to ensure transfer of knowledge across the Absa Group and assist in the prevention of recurrence.
• Working with managers/professionals in the team, develop Detailed Risk and Control Assessments (DRACA's) for the function and update at the required intervals (normally quarterly). Complete attestations to testify to the adequacy of controls on request.
• Ensure that the responsibilities for physical and systems access control and information security requirements are understood.

Education And Experience Required

• B.Com degree or relevant commercial equivalent or Engineering or Law degree.
• MBA or MBL preferred.
• Essential to have a minimum of 5-10 years general working experience across multiple industries or multiple disciplines in financial services with Operational Procurement, Strategic Procurement, Supplier and Enterprise Development and/or Supplier Relations Management experience.
• Preferable to have a minimum of 5-10 years upper middle management experience.
• Essential to have a minimum of 5 years senior stakeholder management experience.
• Essential to have a minimum of 3 - 5 years in-depth working experience of BBBEE Act, Sectorial Codes of Good Practice, preferable in the Financial Services Sector and or in the general high impact industries and or public sector.

Knowledge & Skills:

• Broad Based Black Economic Empowerment principles and application
• High level of PC literacy, presentation and report writing
• Financial Management
• Project Management
• Human resource management
• Communication and Influence across a range of senior stakeholders, suppliers and government
• Strategic planning and implementation
• Contract Management and Legal risk management
• Problem solving and decision making

Competencies:

• Entrepreneurial and Commercial thinking
• Formulating strategies and concepts
• Persuading and influencing
• Leading, supervising and working with people
• Applying expertise and technology
• Adapting and responding to change
• Planning and organising
• Coping with pressures and setbacks
• Delivering results and meeting customer expectations
• Deciding and initiating action
• Demonstrate candor, ability to respectfully challenge senior leadership
• Strong detail orientation

Education

• Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)