Supplier Relationship Management and Governance Consultant at Absa Group Limited (Absa)

Job Summary

To provide advice & support in the development and implementation of governance planning and associated service delivery processes, methods and techniques.

Job Description

Accountability: Commercial Delivery

• Deliver the 3rd Party Supply chain, for a defined portfolio of business processes that supports the delivery of the agreed products & services, together with any future strategies or developments as determined by the contracted agreement.
• Work with suppliers to develop strategies in order to deliver quantifiable benefits to the business
• Act as an interface for the suppliers/performance partners in order to provide services to the Bank
• Assist Management to deliver alignment between business and category objectives and strategy for the specific supplier
• Assist with the delivery of targeted benefits to cover cost reduction, cost avoidance, quality, service, innovation and revenue generation financial deliverables as agreed & must contribute to growth of absolute profit and strategy for the specific supplier
• Deliver compliance to the Group Procurement and External Supplier Management Standard
• Review business drivers and translate into value adding Procurement strategies in order to meet stakeholder requirements
• Obtain stakeholder sign-off to all agreed Sourcing and Supplier Management benefits negotiated
• Undertake supplier and product rationalization reviews with the business, develop appropriate strategies and gain stakeholder approval/budget allocation
• Obtain and cascade relevant information and analytics to conduct reviews that drives business improvement
• Ensure that supplier contracts drive performance against quantified business needs and continuous improvement through the creation of services schedules and assist in negotiating where applicable
• Ensure that supplier contracts comply with applicable regulatory requirements by reviewing on an annual basis in conjunction with Business area and Absa Legal
• Review supply market and supplier research and deliver potential cross functional strategies that are innovative to the supplier
• Drive supplier and product/service rationalization initiatives and ensure that specifications/functionality are fit for purpose
• Schedule and participate in formal Supplier Relationship Management Reviews across all business needs including cost management, development, technology road-mapping, productivity etc.
• Design and implement supply base capability communications via internet, binder or supplier road shows.
• Submit weekly status updates on all projects/suppliers within category
• Facilitate contract administration process for all suppliers within category and ensure that the central repositories hold the latest contracts and Change Control Notes (CCNs)
• Ingest daily SRM Activities from conception to final product
• Instruct suppliers to adhere to Corporate Social Responsibility (CSR) and Business Continuity Management (BCM) requirements
• Manage supply dependencies and interactions effectively up to senior level throughout the sourcing life cycle, internally with clients, colleagues and external Suppliers
• Ensure the effective Handover of commercial arrangements into live operation post contract award
• Ensure appropriate engagement of internal legal resource and control their input to meet business and sourcing requirements
• Ensure Contracts within own Category are renewed on time
• Ensure compliance with internal policies and procedures e.g. GPP, ERMF, Sanctions, HR Policies, Gift Registers, Code of Conduct etc. by keeping abreast of new developments and developing, implementing and monitoring appropriate control measures
• Liaise with internal and external compliance functions, e.g. Internal Audit, Group Compliance in order to stay up to date with developments in the Risk environment
• Manage risk by ensuring that financial policies and procedures, regulatory and statutory requirements are being complied with.

Business Risk

• Ensures effective risk management by understanding of the Business Unit risk profile and proactively put measures in place in order to mitigate and manage risk.
• Facilitate the Risk & Control Self-Assessments (RCSA) with Business Area Heads to assess the adequacy, effectiveness and efficiency of the control environment to manage the key risks as and when required.
• Design Key Indicators to monitor the key risks and analyse trends.
• Conduct control testing activities and deep dives to test the adequacy, efficiency and effectiveness of the controls and report to Key Stakeholders. (first line assurance testing)
• Provides monitoring and assurance of the overall state of Risk within the Business Unit.
• Prepares reports relevant to the Business Unit risk status / profile.
• Coaches and guides key stakeholders on risk related matters.
• Identify process inefficiencies and make appropriate recommendations for the improvement of process efficiencies in consultation with business partners and owners.
• Ensures that agreed actions to address assurance and audit findings raised by Assurance Providers are remediated and implemented within committed timeframes.
• Provide risk input in various project related sessions
• Ensures that effective risk monitoring processes are in place that monitor activities across the relevant business value.
• Ensures that risk trends and deviations are corrected in conjunction with relevant teams.
• Effective Risk event management process. Conduct root cause analysis and recommend remedial action to prevent reoccurrence of the loss or risk event.
• Monthly and quarterly risk reporting into the various Governance committees.

Accountability: Stakeholder Management

• Develop stakeholder relationships using effective communication plans and forums
• Partners with suppliers in forward- thinking strategic development and relationship building.
• Raises awareness on new and emerging risks within Business Units to ensure the pro-active management thereof.

Education

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

Closing Date: 26th, March 2022