Procurement/Vendor Management Analyst

Organization:

At CommBank, we never lose sight of the role we play in other people’s financial wellbeing. Our focus is to help people and businesses move forward to progress. To make the right financial decisions and achieve their dreams, targets, and aspirations. Regardless of where you work within our organisation, your initiative, talent, ideas, and energy all contribute to the impact that we can make with our work. Together we can achieve great things.

Job Title:

Procurement/Vendor Management Analyst - Contracts Service Centre

Location:

Bengaluru - Manyata Tech Park

Business & Team:

Financial Services provide specialist services, to both customer-facing and customer-supporting teams, in the areas of finance, audit, treasury, tax, property, and procurement. We also manage the relationships with our shareholders and debt investors.Group Procurement sits within Financial Services. We are the Group-wide centralised function responsible for all activities across the supplier lifecycle, including development of commercial strategies; sourcing and contract execution; supplier and relationship management; supplier governance, policies, and risk; and purchasing, invoicing and payment. Within Group Procurement the Technology and Operations team works collaboratively across Group Procurement’s operating functions. We provide support and services that ensure the effective and efficient delivery of business value and mitigation of risk. The key functional areas within the team are Source-to-Contract support; Buying Channels and Enablement; Digital Procurement; Operations Service Desk; Travel Operations; and Technology Delivery.

Impact & Contribution:

As an Analyst of Contracts Service Centre, you will be part of the Group Procurement - Procurement Services Centre (PSC) team. This Analyst role is accountable for executing and managing contracts through the Contract Execution Process. Group Procurement delivers benefits and mitigates risk to enable our customers to achieve their business goals. We do this through applying specialist knowledge across the procurement lifecycle.

Roles & Responsibilities:

Contract Signing Compliance-

• Manage Contract execution Request (CER)
• Checking the completeness of the CERs (Approvals, compliance etc.)
• Engage with category managers to understand the contract hierarchy
• Create contract workspace as per the hierarchy shared by category managers
• Update and maintain accurate information in the existing contract workspaces
  

Process Improvement & Team Support-

• Identify and implement process improvement opportunities.
• Support team with Ad hoc projects, testing during automation of internal process’s / tools
  

Risk Management-

• Demonstrate a sound understanding of risk and risk processes
• Follow appropriate process and governance to address all aspects of risk
• Ensure that you comply with Group policies and procedures and any relevant external legislative requirements
  

Essential Skills:

• Should have working experience of 3 to 5 years in sourcing and contracting process with a customer serving mind-set
• Hands on Experience on contract interpretation and negotiation and good knowledge of Procurement Compliance
• Good knowledge of Ariba Source to Contract Module, contract workspace creation and understanding of contract hierarchy
• Ability to think laterally and develop new and innovative solutions to problems
• Good interpersonal and communication skills and ability to work collaboratively, as one team
• Experience in a professional corporate environment with excellent time management skills
• Advanced skills in Microsoft Excel and good knowledge of DocuSign
  

Education Qualification:

Bachelor’s Degree/Master’s degree in Arts, Business Management, Computer Applications, Business Administration, Commerce.If you're already part of the Commonwealth Bank Group (including Bankwest, x15ventures), you'll need to apply through Sidekick to submit a valid application. We’re keen to support you with the next step in your career.We're aware of some accessibility issues on this site, particularly for screen reader users. We want to make finding your dream job as easy as possible, so if you require additional support please contact HR Direct on 1800 989 696.Advertising End Date: 02/08/2025